Decision Support System - 1819 Words

Decision Support Systems December 22, 2014 Decision Support Systems Many businesses are faced with situations that need critical analysis, 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 â€Å"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 enhances understanding of business processes. DSS helped carve their business success,†¦show more content†¦A Graphical Information System â€Å"is a decision support system designed specifically to analyze spatial information.† (Haag, Cummings. P.166) The graphical data demonstrated by the GIS is used to analyze roads, sewer systems, paths of hurricanes, free ways, traffic, or any graphical data that can be statistically represented. Document-driven DSS is also dissimilar to the other 3 decision support systems mentioned earlier. Document-Driven DSS is focused on the retrieval and management of documents. Document-driven DSS is targeted at a broad base of user groups, and the purpose of such a DSS is to explore web pages and locate documents. The user types in key words and search the DSS for answers, and the DSS gives information that the user has requested. DSS systems are beyond doubt helpful in assisting management and providing solutions while confronting complex issues. However, artificial intelligence can be included to enhance DSS capabilities. An Information Technology department â€Å"can further expand business brainpower by means of artificial intelligence (AI)-the science of making machines imitate human thinking and behavior.† (Haag, Cummins p.167) The AI systems that are utilized in the business world include expert syst ems, neutral networks, genetic algorithms, and intelligent agents. Expert systems are an excellent source of elucidation. The expert system has the ability to diagnose problems andShow MoreRelatedDecision Support Systems1031 Words   |  5 Pagesthe choices that have been made. Decisions are made by individuals based on the surrounding factors. The type of jobs or where one resides are some of the decisions that are made. In addition, one can be faced with problems that he or she must resolve in order to learn from it. In the business world decisions are made based on the given factors that are presented. Organizations can use the assistance of a decision support system to help facilitate with the decision making. Mesa’s Foundation Trust Read MoreDecision Support Systems ( Dss )1056 Words   |  5 PagesDecision support systems (DSS) is an umbrella term that describes an interactive, computerised system that supports decision making in an organisation using data and models (Druzdzel Flynn 2002; Sharda et al. 2014). Whereas knowledge-based decision support system (KB-DSS) is generally a rule based system used to provide expertise. (Sharda et al. 2014). It is essentially an expert system but it may also use documented knowledge as a source of expertise (Sharda et al. 2014). KB-DSS has well definedRead MoreThe Decision Support Systems Of Walmart1233 Words   |  5 PagesBenjamin Franklin wisely said, â€Å"An investment in knowledge, always pays the best interest.† This is true for many businesses that now implement the use of decision support systems. They are investing in the knowledge that a DSS can provide them by analyzing astounding amounts of data. In 1992, Walmart became one of the first big users of enterprise data warehouses successfully and exponentially. In 1962, Walmart was founded by Sam Walton after owning several profitable Ben Franklin franchises. EvenRead MoreDecision Support Systems in Organizational Decision Making800 Words   |  4 PagesDecision Support Systems in Organizational Decision Making Decision making refers to the process of finding and selecting options according to the priorities and values of the person making the decision. Since there are many choices involved, it is important to identify as many options as possible so as to pick the option that best fits a company’s target, goals, values and vision. Due to the integral role of decision making in company growth and financial progress, many firms such as Amazon.comRead MoreDecision Support Systems : An Interactive Computer Based Support System1070 Words   |  5 PagesDecision Support Systems: Decision support system is an interactive computer based support system that aids decisions making in an organization. It helps any organization or even a small sized business in decision making process. An appropriately planned Decision Support System is an intuitive programming based framework expected to help leaders gather valuable data from crude information, records, individual learning, and/or plans of action to recognize and take care of issues and decide. This canRead MoreDecision Support System and Managerial Decision Making4565 Words   |  19 PagesFALL 2011 Decision Support System and Managerial Decision Making Prof. Hassan Qudrat-Ullah Due Date: December 8, 2011 By: Farazeh Khalid Mian Abhishek Sahi Table of Contents SECTION NUMBER | SECTION NAME | PAGE NUMBER | | Abstract | 3 | 11.11.2 | IntroductionWhat is decision making? What is a Decision Support System? | 3, 44, 5, 6 | 22.12.22.3 | Literature Review DSS in the business environmentImportant attributes of the Decision Support SystemCapabilitiesRead MoreUnderstanding Clinical Decision Support System800 Words   |  4 PagesUnderstanding Clinical Decision Support System, Its Origin and the Changing Face The Era has begun where a tremendous amount of data and silos of information are being generated. The websites, blogs, the electronic health record are all jam-packed with information. Posts from Facebook, tweets from twitters, interactive websites are a rich source of information. If one can imagine, information has as much as widespread as the universe. However, what happens to the heap of information generated? DoRead MoreCase Study : Decision Support Systems1285 Words   |  6 PagesHarvard Cooperative Society Decision Support Systems According to the text, business research can be described in many ways. It is best to classify research based on four potential functions it provides in a business setting. The first is foundational, which provides answers to simple questions. In addition, there is testing which concentrates on new product notions or promotional concepts. Thirdly, there is the examination of any issues or problems that may arise that will have an influence of theRead MoreDecision Support System ( Dss ) Integration1170 Words   |  5 Pages Decision Support System(DSS) Integration for the Business Model of the Ye Olde Steampunk Emporium Student Name : In Bum Choi Student ID : 0061092505 Course : Professional skills for Information Systems Course ID : CIS5100 5th October 2016 â€Æ' With the development of commercial transaction, there is a surge of demand of commercial evaluation and prediction. In this circumstance, many entrepreneurs tried to understand and predict patterns of customers purchase, and foresee to prepareRead MoreComputer-based Information System of Decision Support System2569 Words   |  10 PagesFarangiz from group number 212 and will contain basic details about the different types of Information Systems and their functions as well as features. The main objective of this report is to provide you with an overview of Information System. Initially, it will contain the features of Executive Information system(EIS), Management Information system(MIS), Expert system (ES) and Decision Support system(DSS).Also, this document will gives information about one form of Emerging Technology that plays a vital