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Decision Support System and Expert System20795 marksPrepare a Feasibility Study

Write short notes on: a. Cost-Effectiveness Analysis b. Executive DSS

Write short notes on: a. Cost-Effectiveness Analysis b. Executive DSS [5]

Cost-Effectiveness Analysis is a method of evaluating and comparing the relative costs and outcomes (effects) of two or more courses of action to determine which option provides the best value for the resources invested. - It is used when the benefits cannot be easily expressed in monetary terms ...