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Glossary Home |
Model Base
A collection of preprogrammed quantitative models (e.g., statistical, financial, optimization) organized as a component or unit of a DSS or DSS Generator. The model base provides the model building blocks. It contains pre written programs and sub routines that can be used to construct applications. A model base management system is a software system that generates new routines and records model updates and changes the data manipulation. It is capable of connecting models with the appropriate linkage. |