Figure 1: Decision Support Systems. Retrieved from http://www.dreamstime.com/royalty-free-stock-images-word-cloud-dss-decision-support-system-related-items-image35542029 INTRODUCTION Decision Support System (DSS) is a computer based system which uses analytical models‚ specialized databases and aids the decision makers in making complex decisions in an organization. In the old days‚ a group of professional people in a company used to consider various factors and variables while taking a complex
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Decision Support Systems Decision support systems are interactive‚ computer-based systems that aid users in judgment and choice activities. They provide data storage and retrieval but enhance the traditional information access and retrieval functions with support for model building and model-based reasoning. They support framing‚ modeling‚ and problem solving. Typical application areas of DSSs are management and planning in business‚ health care‚ the military‚ and any area in which management will
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Decision Support Systems (DSS) A Decision Support System (DSS) is an information system at the management level of an organization that combines data‚ analytical tools‚ and models to support semistructured and unstructured decision-making. A DSS can handle low volume or massive databases optimized for data analysis. DSS has more power than other systems. They are built explicitly with a variety of models to analyze data or they condense large amounts of data into a form where they can be analyzed
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compilation of raw data‚ circulation of precise documents and effective utilization of computer systems. Frito Lay is an example of a company who implemented various decision support systems (DSS) into their business model. A DSS is a “highly flexible and interactive IT system that is designed to support decision making when the problem is not structured.” (Haag‚ Cummins p.162) Managers require information to guide their organization in the right direction. DSS increases productivity‚ efficiency‚ and
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ASSIGNMENT OF INFORMATION SYSTEM AND ADMINISTRATION NAME : QUDSIA AZEEM CLASS: BBA 3B DATE : 27-3-2013 JINNAH UNIVERSITY FOR WOMEN SUMMARY OF THE ARTICLE DECISION SUPPORT SYSTEMS AND WEB TECHNOLOGIES: A STATUS REPORT DECISION SUPPORT SYSTEMS‚ WORLD-WIDE WEB‚ DATA DRIVEN DSS‚ MODEL-DRIVEN DSS‚ IMPLEMENTATION. Introduction to DSS: A decision support system (DSS) is a computer-based information system that supports business or organizational decision-making activities. DSSs serve the management‚ operations
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Decision Support Systems 31 Ž2001. 127–137 www.elsevier.comrlocaterdsw Knowledge management and data mining for marketing Michael J. Shaw a‚b‚c‚) ‚ Chandrasekar Subramaniam a ‚ Gek Woo Tan a ‚ Michael E. Welge b c Department of Business Administration‚ UniÕersity of Illinois at Urbana-Champaign‚ Urbana‚ IL‚ USA National Center for Supercomputing Applications (NCSA)‚ UniÕersity of Illinois at Urbana-Champaign‚ Urbana‚ IL‚ USA Beckman Institute‚ UniÕersity of Illinois at Urbana-Champaign‚ Room
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Introduction to GDSS Group decision support systems (GDSS) are interactive‚ computer-based systems that facilitate solution of semi-structured and unstructured problems by a designated set of decision-makers working together as a group. A GDSS can assist groups‚ especially groups of managers‚ in analyzing problem situations and in performing group decision making tasks. GDSS include structured decision tools for tasks like brainstorming‚ commenting on ideas‚ and rating and ranking of alternatives
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APPLICATION OF DECISION SUPPORT SYSTEM There are intellectual possessory of creating such systems in any knowledge domain. Good example is the clinical decision support system for medical diagnosis. A bank loan officer verifying the credit of a loan collector or an engineering firm that has declaration and the want to be competitive with their cost. DSS is is commonly used in business and management. Executive dashboard and other business performance software allow quick decision making‚ assimilation
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Decision Support Systems (DSS) Decision support systems are a class of computer-based information systems including knowledge based systems that support decision making activities. Because there are many approaches to decision-making and because of the wide range of domains in which decisions are made‚ the concept of decision support system (DSS) is very broad. A DSS can take many different forms. In general‚ we can say that a DSS is a computerized system for helping make decisions. A decision
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(i) Data Management Component. The data management component performs the function of storing and maintaining the information that you want your Decision Support System to use. The data management component‚ therefore‚ consists of both the Decision Support System information and the Decision Support System database management system. The information you use in your Decision Support System comes from one or more of three sources: Organizational information: One may want to use virtually any information
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