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PRC-3 · Chapter 5 · Question 27 of 74

An airline pricing manager uses a sophisticated software tool that models competitor prices, fuel costs, and historical demand to help her decide whether to drop ticket prices for next month. What is this tool called?

Test yourself: pick an answer

Reveal answer & explanation

Correct answer: C) Decision Support System (DSS)

Explanation

A DSS provides analytical models and 'what-if' scenarios to assist managers in making complex, unstructured decisions.

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