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Q.4 What are dataflow diagrams? Construct a DFD using the different conventions.
[10 Marks]
Q.6 a. Bring out the relationship between AI and Neural Network [5 Marks]
[5 Marks]
Q.2 What are the different types of decision and decision making systems? Explain in
detail. [10 Marks]
Q.3 explain with an example of your own the difference between data, information,
knowledge and wisdom [10 Marks]
Q.4 There are two investment plans in the market whose details are given below based
on which you need to decide which investment plan you need to select. Suggest which
investment plan you prefer and why?
Particulars Plan A Plan B
Investment in Rs. Million 3 2.7
Savings/ gain per year in Rs. 1.0 0.75
Million
No. of years savings or gain 5 5
would occur
Discount Rate 12% 12%
[10 Marks]
Q.5 a. Explain Management Science models in detail. [5 Marks]
b. Estimate the completion time of each activity whose optimistic time estimate is 5 seconds
and the pessimistic time estimate are 20 seconds. The most likely time estimate is 9
seconds.
[5 Marks]
Q.6 Explain the different control issues in management information systems. [10 Marks]