Decision Support System Introduction Decision Support Systems DSS
- Slides: 30
Decision Support System
Introduction
Decision Support Systems (DSS) are a specific class of computerized information systems that form the backbone of an organization’s decision making process supports business and organizational decision- making activities By giving direct computer support to managers during the decision making process
Objectives Of DSS • To increase effectiveness of the manager’s decision process • Supports the manager in the decision-making process but does not replace it
Characteristics
FACILITATION REPEATED USE INTERACTION IDENTIFIABLE ANCILLARY TASK- ORIENTED
DECISION IMPACT SUPPORTS INDIVIDUAL & GROUP DECISIONMAKING COMPREHENSIVE DATA ACCESS
EASY TO DEVELOP & DEPLOY INTEGRATED SOFTWARE FLEXIBILITY
Component s
DATA MANAGEMENT MODEL MANAGEMENT KNOWLEDGE MANAGEMENT USER INTERFACE MANAGEMENT
Data Management • Performs the function of storing and maintaining the information that you want your Decision Support System to use
Data Management Sources of Information: • Organizational Information • External Information • Personal Information
Model Management • Consists of both the Decision support system models and the Decision Support System model management system.
Decision Support System Model • • What-if Analysis Optimization Models Goal-seeking Models Statistical Models
Model Management System • stores and maintains the Decision Support System models
User Interface Management • The only component of the system with which you have direct contact User Interface • the part of the system you see through it when you enter information, commands, and models.
Characteristics Of A Best User Interface • • • Uses your terminology and methods Flexible Consistent Simple Adaptable
Knowledge Management Component • Provides information about the relationship among data that use too complex for a database to represent.
Typ es
Communication- Driven • • Targeted at internal teams, including partners Enables cooperation, supporting more than one person working on a shared task Data- Driven • Targeted at managers, staff and also product or service suppliers • It is used to query a database warehouse to seek specific answers for specific purposes
Document- Driven • Targeted at a broad base of user groups • The purpose is to search web pages and find documents on a specific set of keywords or search items Knowledge- Driven • ’Knowledgebase’ are a catch-all category covering a broad range of systems covering users within the organization setting it up but also may include others interacting with the organization
Model- Driven • Emphasizes access to and manipulation of a statistical, financial, optimization, or simulation model • Used by managers and staff members of a business
Advantages
TIME SAVINGS IMPROVES EFFICIENCY IMPROVE INTERPERSONAL COMMUNICATION COMPETITIVE ADVANTAGE
COST REDUCTION INCREASE DECISION MAKER SATISFACTION PROMOTE LEARNING INCREASED ORGANIZATIONAL CONTROL
Disadvantages
MONETARY COST OVEREMPHASIZE DECISION MAKING ASSUMPTION OF RELEVANCE TRANSFER OF POWER
UNANTICIPATED EFFECTS OBSCURING RESPONSIBLITY FALSE BELIEF IN OBJECTIVITY STATUS REDUCTION
SYSTEM DESIGN FAILURE DIFFICULTY IN COLLECTING ALL THE REQUIRED DATA
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- Introduction to decision support system
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- Decision support and business intelligence systems
- Developing spreadsheet-based decision support systems
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- Types of information systems
- Components of decision support system
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- Types of decision support system
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- Objectives of decision support system
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- Benefits of decision support system
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