Capitulo 2 Flashcards
Data
Facts or recorded measures of certain phenomena
Big data
The collection of large amounts of near real-time data collected through a variety of sources
Global positioning systems (GPS)
Use satellites that allow companies to compute vehicle positions, velocity, and time.
Communication systems
Help various stakeholders work together by interacting and sharing information in many different forms
A transaction processing system, TPS
Collects and stores information about transactions and may also control some aspects of transactions
Electronic data interchange (EDI)
The computer-to-computer transmission of business data in a structured format.
Radio-frequency identification (RFID) technology
Another automatic identification technology that has received considerable attention in the first part of the twenty-first century.
Management information systems (MIS)
Executive information systems (EIS)
These systems convert TPS data into information for monitoring performance and managing an organization
Logistics information system (LIS)
The people, equipment, and procedures to gather, sort, analyze, evaluate, and distribute needed, timely, and accurate information to logistics decision makers
Decision Support Systems (DSS)
Simulation is a technique that models a real-world system, typically using mathematical equations to represent the relationships among the system’s components.
Simulation reliability
Is achieved by making the model as akin to the real world as possible
Transportation management systems (TMS) and warehouse management systems (WMS)
Prominent examples of logistics-related application-specific software
Data mining
Application of mathematical tools to large bodies of data in order to extract correlations and rules
