This document discusses concepts related to problem solving, decision making, decision models, and the benefits of information systems and decision support systems. It addresses topics like programmed versus non-programmed decision making, optimization, satisficing and heuristic decision models, and how information systems and decision support systems can provide benefits such as increased efficiency, productivity, accuracy, and competitive advantages. The key benefits of information systems and decision support systems highlighted are time savings, effectiveness, communication, cost reduction, and organizational control.
A decision support system (DSS) is a computer-based information system that supports business or organizational decision-making activities. DSSs serve the management
Organization’s success depends on quality of managers’ decisions
When decisions involve large amounts of data and complex processing, a DSS is a valuable tool
When decision making involves many uncertainties and/or lots of alternatives a DSS is needed
Training Slides of Decision Support System, discussing how the system as an interactive computer-based system that is being effectively used in communications technologies.
Some keypoints:
- The Decision Support Paradigm
- Basic Concepts of DSS
- Examples of DSS
For further information regarding the course, please contact:
info@asia-masters.com
A decision support system (DSS) is a computer-based information system that supports business or organizational decision-making activities. DSSs serve the management
Organization’s success depends on quality of managers’ decisions
When decisions involve large amounts of data and complex processing, a DSS is a valuable tool
When decision making involves many uncertainties and/or lots of alternatives a DSS is needed
Training Slides of Decision Support System, discussing how the system as an interactive computer-based system that is being effectively used in communications technologies.
Some keypoints:
- The Decision Support Paradigm
- Basic Concepts of DSS
- Examples of DSS
For further information regarding the course, please contact:
info@asia-masters.com
According to a study highlighted in the MIT Sloan Management Review, approximately 25 percent of all workers change jobs each year. This percentage includes employees who are terminated by their employers or leave on their own. Either way, it’s disruptive for companies when one-quarter of the workforce is transitioning in and out of positions. Developing and implementing a structured and comprehensive onboarding program is one way to maximize workforce and organizational success.
Decision Support Systems: Concept, Constructing a DSS, Executive Information ...Ashish Hande
Decision Support Systems: Concept, Constructing a DSS,
Executive Information System, (EIS), Artifical Intelligence
System (AIS), knowledge Based Expert System (KBES),
Enterprise Management System (EMS), Decision Support
Management System (DSMS).
Support for problem-solving phases
Intelligence, design, choice, implementation, monitoring
Support for different decision frequencies
Ad hoc DSS: Concerned with decisions that come up once in every 5 years (e.x., where should a company open a new distribution center?)
Institutional DSS: Concerned with decisions that repeat (e.x., what should the company invest in?
MODEL- DRIVEN DSS
includes system that use accounting, financial models, and representational models.
2. DATA DRIVEN DSS
file drawer & management reporting system, data warehousing, geographical information.
This PPT Covers the following topics:
Decision Making as a Component of Problem Solving, Problem Solving Factors, Characteristics of a DSS, Example of DSS, Integration of TPS, MIS, Web-Based Decision Support Systems, Components of a DSS, Advantages and Disadvantages of Modeling, Group Decision Support System, Executive Support System, Characteristics of ESS.
Students, digital devices and success - Andreas Schleicher - 27 May 2024..pptxEduSkills OECD
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Ethnobotany in herbal drug evaluation,
Impact of Ethnobotany in traditional medicine,
New development in herbals,
Bio-prospecting tools for drug discovery,
Role of Ethnopharmacology in drug evaluation,
Reverse Pharmacology.
Synthetic Fiber Construction in lab .pptxPavel ( NSTU)
Synthetic fiber production is a fascinating and complex field that blends chemistry, engineering, and environmental science. By understanding these aspects, students can gain a comprehensive view of synthetic fiber production, its impact on society and the environment, and the potential for future innovations. Synthetic fibers play a crucial role in modern society, impacting various aspects of daily life, industry, and the environment. ynthetic fibers are integral to modern life, offering a range of benefits from cost-effectiveness and versatility to innovative applications and performance characteristics. While they pose environmental challenges, ongoing research and development aim to create more sustainable and eco-friendly alternatives. Understanding the importance of synthetic fibers helps in appreciating their role in the economy, industry, and daily life, while also emphasizing the need for sustainable practices and innovation.
How to Make a Field invisible in Odoo 17Celine George
It is possible to hide or invisible some fields in odoo. Commonly using “invisible” attribute in the field definition to invisible the fields. This slide will show how to make a field invisible in odoo 17.
How to Split Bills in the Odoo 17 POS ModuleCeline George
Bills have a main role in point of sale procedure. It will help to track sales, handling payments and giving receipts to customers. Bill splitting also has an important role in POS. For example, If some friends come together for dinner and if they want to divide the bill then it is possible by POS bill splitting. This slide will show how to split bills in odoo 17 POS.
This is a presentation by Dada Robert in a Your Skill Boost masterclass organised by the Excellence Foundation for South Sudan (EFSS) on Saturday, the 25th and Sunday, the 26th of May 2024.
He discussed the concept of quality improvement, emphasizing its applicability to various aspects of life, including personal, project, and program improvements. He defined quality as doing the right thing at the right time in the right way to achieve the best possible results and discussed the concept of the "gap" between what we know and what we do, and how this gap represents the areas we need to improve. He explained the scientific approach to quality improvement, which involves systematic performance analysis, testing and learning, and implementing change ideas. He also highlighted the importance of client focus and a team approach to quality improvement.
Operation “Blue Star” is the only event in the history of Independent India where the state went into war with its own people. Even after about 40 years it is not clear if it was culmination of states anger over people of the region, a political game of power or start of dictatorial chapter in the democratic setup.
The people of Punjab felt alienated from main stream due to denial of their just demands during a long democratic struggle since independence. As it happen all over the word, it led to militant struggle with great loss of lives of military, police and civilian personnel. Killing of Indira Gandhi and massacre of innocent Sikhs in Delhi and other India cities was also associated with this movement.
We all have good and bad thoughts from time to time and situation to situation. We are bombarded daily with spiraling thoughts(both negative and positive) creating all-consuming feel , making us difficult to manage with associated suffering. Good thoughts are like our Mob Signal (Positive thought) amidst noise(negative thought) in the atmosphere. Negative thoughts like noise outweigh positive thoughts. These thoughts often create unwanted confusion, trouble, stress and frustration in our mind as well as chaos in our physical world. Negative thoughts are also known as “distorted thinking”.
6. • +Benefits of IS and DSS
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7. • -Benefit of IS
• *Added value to products (goods and services)
*Better safety
*Better service
*Competitive advantages
*Fewer errors
*Greater accuracy (មមមមមម
មមមមមមមមមមមមមមមមម)
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*Higher-quality products
*Improved communications
*Increased efficiency (មមមមមមមមមមមម)
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*Increased productivity (មមមមមមមមមមម)
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*More efficient administration
*More opportunities
*Reduced labor requirements
*Reduced costs
*Superior financial decision making
8. •
•
•
•
•
•
•
•
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*Superior managerial decision making
-Benefit of DSS
*Time savings
*Enhance effectiveness
*Improve interpersonal communication
*Competitive advantage
*Cost reduction
*Increase decision maker satisfaction
*Promote learning
*Increase organizational control
9. • +MIS:
• Management information systems refer to the
practice of integrating computer systems, hardware
and software used to meet an organization’s
strategic goals. A MIS basically provides
companies with four different types of information:
descriptive, diagnostic, predictive and prescriptive.
A MIS has become very important in the areas of
strategic support, data processing and managing
by objectives. Because a MIS provides enormous
amounts of information many companies think they
make great investments. This holds true only if the
information gained from the MIS generates a
change in a company’s harmful behavior.
•
10. DSS
DSS is a computer-based information
system that provide interactive information supports
to manager and business professionals during the
decision making process.
Principles of Information Systems, Tenth Edition
10
12. Comparison of DSS & MIS
• +DSS
-Provide information and decision support
techniques to analyze specific problems.
-Interactive inquiries and responses.
-Ad hoc, flezible and adoptable format.
-Information produced by analytical modeling of
business data.
13. +MIS:
-Provide information about the performance of the
organization.
-Periodic, exception, demand, push
reports and responses.
-Prespecified, fixed format.
-Information produced by
extraction and manipulation of business data.
14. • Characteristics of a DSS:
•
1.Facilitation: DSS facilitate and support specific
decision-making activities and/or decision processes.
•
2. Interaction: DSS are computer-based systems
designed for interactive use by decision makers or staff
users who control the sequence of interaction and the
operations performed.
•
3. Ancillary: DSS can support decision makers at
any level in an organization. They are not interded to
replace decision makers.
•
4. Repeated Use: DSS are intended for repeated
use. A specific DSS may be used routinely or used as
needed for ad hoc decision support tasks.
15. 5. Task-oriented: DSS provide specific capabilities
that support one or more tasks related to decisionmaking, including: intelligence and data analysis ;
identification and design of alternatives; choice
among alternatives; and decision implementation.
6. Identifiable : DSS are intended to improve
the accuracy , timeliness, quality and overall
effectiveness of a specific decision or a set of related
decision.
7. Decision Impact : DSS are
intended to improve the accuracy , timeliness, quality
and overall effectiveness of a specific decision or a
set of related decisions.
16. -Capabilities of a DSS:
1. A DSS provides support for decision makers at all
management levels, whether individuals or groups,
mainly in semistructured and unstructured situations,
by bringing together human judgement and objective
information.
2. A DSS supports several interdependent and/or
sequential decisions.
3. A DSS supports all phases of the decision-making
process-intelligence, design, choice, and
implementation-as well as a variety of decision
making processes and styles.
4. A DSS is adaptable by the user over time to deal
with changing conditions.
5. A DSS is easy to construct and use in many cases.
17. 6. A DSS promotes learning, which leads to new
demands and refinement of the current application,
which leads to additional learning, and so forth.
7. A DSS usually utilizes quantitative models
(standard and/or custom made).
8. Advanced DSSs are equipped with a knowledge
management component that allows the efficient and
effective solution of very complex problems.
9. A DSS can be disseminated for use via the web.
10. A DSS allows the easy execution of sensitivity
analyses.
18. GSS
-GSS are information system that aim to make group
meetings more productive by offering electronic
support for a variety of meeting activities
-GSS software packages:
– Collabnet
– OpenMind
– TeamWare
19. • Decision room:
– Decision makers are located in the same building or
geographic area
– Decision makers are occasional users of the GSS
approach
• Local area decision network:
– Group members are located in the same building or
geographic area
– Group decision making is frequent
20. ESS
An Executive Support System (ESS) is software that
allows users to transform enterprise data into quickly
accessible and executive-level reports, such as those
used by billing, accounting and staffing departments.
An ESS enhances decision making for executives
21. -Capabilities of an ESS:
•Support for defining overall vision
•Support for strategic planning
•Support for strategic organizing and staffing
•Support for strategic control
•Support for crisis management