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
Premium Supply chain management Logistics Management
Decision phases in supply chain Successful supply chain management requires much decision to the flow of information‚ product and funds. Each decision should be made to rise to supply chain surplus. These decision fall in to 3 phases depending on the frequency of the each decision and time frame during which a decision phase has an impact. As a result‚ each category of decision must consider uncertainty over the decision horizon. * Supply chain strategy or decision During this phase‚ given
Premium Supply chain management
Chapter 8 Decision Support Systems Managers and Decision Making A decision refers to a choice made between alternatives. Why Managers Need the Support of Information Technology. It is very difficult to make good decisions without valid‚ timely and relevant information. Number of alternatives to be considered is increasing Many decisions are made under time pressure. Due to uncertainty in the decision environment‚ it is frequently necessary to conduct a sophisticated analysis
Premium Decision theory Decision support system Fuzzy logic
Decision Support Systems Marek J. Druzdzel and Roger R. Flynn Decision Systems Laboratory School of Information Sciences and Intelligent Systems Program University of Pittsburgh Pittsburgh‚ PA 15260 {marek‚flynn}@sis.pitt.edu http://www.sis.pitt.edu/∼dsl To appear in Encyclopedia of Library and Information Science‚ Second Edition‚ Allen Kent (ed.)‚ New York: Marcel Dekker‚ Inc.‚ 2002 1 Contents Introduction Decisions and Decision Modeling Types of Decisions . . . . . . . . . . . . .
Premium Decision theory Decision making
Assignment 4: Decision Support Systems Making decisions concerning complex systems (e.g.‚ the management of organizational operations‚ industrial processes‚ or investment portfolios; the command and control of military units; or the control of nuclear power plants) often strains our cognitive capabilities. Even though individual interactions among a system’s variables may be well understood‚ predicting how the system will react to an external manipulation such as a policy decision is often difficult
Premium Decision making Decision support system Decision theory
BBIT 421/CISY 427: DECISION SUPPORT AND EXPERT SYSTEMS Decision support systems: These systems give direct computer support to managers during the decision-making process. For example‚ advertising managers may use an electronic spreadsheet program to do what-if analysis as they test the impact of alternative advertising budgets on the forecasted sales of new products. Decision support systems are computer-based information systems that provide interactive information support to managers and business
Premium Decision making Decision theory Decision support system
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
Premium Decision support system Decision theory Decision engineering
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
Premium Decision support system World Wide Web
6.0 DECISION SUPPORT SYSTEMS A decision support system (DSS) is a computer-based information system that supports business or organizational decision-making activities. DSSs serve the management‚ operations‚ and planning levels of an organization and help to make decisions‚ which may be rapidly changing and not easily specified in advance. DSSs include knowledge-based systems. A properly designed DSS is an interactive software-based system intended to help decision makers compile useful information
Premium Decision support system Decision theory
TOPIC: Gap Analysis of Retail Supply Chain b/w India and Developed Nations INTRODUCTION IMPORTANCE OF SUPPLY CHAIN MANAGEMENT: * Supply chain management is a topic of importance among the logistic managers and researchers because it is a Consider with a competitive edge. Supply chain management deals with the management of materials‚ information and financial flows in a net work consisting
Premium Retailing Shopping mall Supply chain management