DSS
Challenges
Technical challenges
Improve and evolve every 18-24 months
Dynamic
High-speed wireless remote access
Automatic data collection
Processing
Organizational challenges
Coping with a lack of human resources
Deciding priorities
Maintaining perspective on the needed organization changes
Uncertain consequences
Social challenges
workplaces
information pushed to employees for action taking
Greater situational awareness while performing tasks
Taxonomy
File drawer systems
provide access to data items
decisionATM Machine
Data analysis systems
access to dataAllows data manipulation capabilities
Airline Reservation
Analysis information systems
The information from one file, table, can becombined with information from other filesto answer a specific query.
Accounting and financial model-based DSS
Use internal accounting dataProvide accounting modeling capabilitiesCan not handle uncertaintyUse Bill of Material
Calculate production cost
Make pricing decisions
Representational model-based DSS
solve decision problemusing forecastsCan be used to augment the capabilities ofAccounting models
inventory decisions
Optimization model-based DSS
estimate the effects of different decision alternativeBased on optimization models
incorporate uncertaintyAssign sales force to territoryProvide the best assignment schedule
Suggestion DSS based on logic models
suggest to thedecision maker the best actionA prescriptive model
suggest to the decision maker the best action May incorporate an Expert SystemUse the system to recommend a decision
Applicant applies for loans
Components
Database
DSS Database
Internal data from Organization
Data generated by different Application
External data mined form the Internet
Application
Datawarehouse
Contains Data from Transaction systems
Data Mining
Web Browser data access
Multimedia Database
Web Database servers
Data Directory
An inventory that specifies the source, of the data elements that are stored in a database.
Query Facility
Handles Structured Data
Handles Unstructured Data
Database Management System
Software
DBMS software itself
Operating system
Application programs
Hardware
Input Device
Keyboard
Mouse
Output Device
Screen
Printer
Data
Operational Data
Metadata
Procedures
Procedure to install the new DBMS.
To log on to the DBMS.
To make backup copies of database
To generate the reports of data retrieved from database.
Database Access Language
SQL
User
Staff Specialist
Intermediaries
Business Analyst
Expert Tool User
Staff Assistant
User Interface
Structural Elements
Windows
Menus
Icons
Controls
Tabs
Interaction Elements
Cursor
Pointer
Insertion Pointer
Selection
Adjustment Handle
Model Base
iconic
Physical Representations
Analog
Trend Analysis
Regression
Corelation
Mathematical
Economics
Knowledge Base
Provide Expertise to solve semi-structured and unstructured problems
Datamining
DSS Software System
Statistical Models
Median Function
Deviation Function
Sensitivity Analysis Models
provide answers to what-if situations
Optimization Analysis Models
Used for making decisions related to optimum utilization of resources.
Forecasting Models
Regression models
Time series analysis
Market research methods
Backward Analysis Sensitivity Models
Sets a target value for a variable and then repeatedly changes other variables until the target value is achieved
Classification
alter's output classification
degree of action implication of system of system outputs
File drawer systems
This type of DSS primarily provides access to data stores/data related items.
monitoring systems
Data analysis systems
This type of DSS supports the manipulation of data through the use of specific or generic computerized settings or tools.
data warehouse applications
budget analysis
Analysis information systems
This type of DSS provides access to sets of decision oriented databases and simple small models
sales forecasting based on a marketing database
product planning and analysis
Accounting and financial model-based DSS
estimating profitability of a new product
generating estimates of income statements and balance sheets
Representational model-based DSS
This type of DSS can also perform 'what if analysis' and calculate the outcomes of different decision paths, based on simulated models
risk analysis models
equipment and production simulations
Optimization model-based DSS
This kind of DSS provides solutions through the use of optimization models which have mathematical solutions
scheduling systems
material usage optimization
resource allocation
Suggestion DSS based on logic models
This kind of DSS works when the decision to be taken is based on well-structured tasks
insurance renewal rate calculation
credit scoring
Holsapple and whinston`s Classification
Text-Oriented DSS
It contain textually represented information that could have a bearing of information
Database-Oriented DSS
It contains organised and highly structured data
Spreadsheet-oriented DSS
Modify procedural knowledge and also instruct the system to execute self-contained instructions
Solver-Oriented DSS
is an algorithm or procedural written for performing certain calculations and particular program type
Rule-Oriented DSS
It follows certain procedures adopted as rules.It follows certain procedures adopted as rules.
Compound DSS
It is built by using two or more of the five structures
Modern Classifications
Data Driven DSS
is a DSS that gives access to time-series internal data. Data ware houses that have tools that provide facility to manipulate such data are examples of advances systems.
OLAP
Data mining
Communications-driven DSS
is a DSS that uses network and communications technologies to support decision-relevant collaboration and communication
audio conferencing
document sharing
electronic mail
interactive video
Document-driven DSS
is a DSS that uses computer storage and processing to provide document retrieval and analysis.
Scanned documents
Hypertext documents
Images
Sounds
Videos
Knowledge-driven DSS
is a DSS that collects and stores 'expertise' so that it can be used for decision-making when required.
future trends
Knowledge-based design support systems (intelligent DSS)
The World Wide Web and group/organizational/global DSS
Single user decision support systems
Research On Interactions Between Individuals And Groups
Enhancement Of DSS Applications With Values And Ethics
Organizational Impacts Of DSS
The DSS Software Market Continues To Develop And Mature
applications
Clinical decision support system
medical diagnosis
Business and management.
Agricultural production
Marketing
Sales process
Human resource management
Production and Operations Managment
Planning For Demand
Master Scheduling
Manufacturing Industry
Resource management
Inventory Planning
Phases
Intelligence
steps
Problem Identification
identification of organizational goals and objectives
Problem Classification
Place the problem in a definable category
Problem Decomposition
Complex problems can be divided into sub-problems
Problem Ownership
Assignment of authority to solve the
problem
Problems
Data are not available
Obtaining data may be expensive
Data may not be accurate or precise enough
Data estimation is often subjective
Information overload
Design
Develop Alternative Course of work
alternative that realizes the highest level goal
alternative with the highest ratio of goal attainment to cost
alternative with the lowest cost that will meet an acceptable level of goals
Test for Feasibility
Select a principle of choice
Select Choice Models
Descriptive
Narrative
Simulation
What-if Scenarios
Normative
Choice
Analaytical Technic
use mathematical formulas
Algorithms
step-by-step search
Heuristics
Judgmental knowledge of an application area that constitutes the rules of good judgment in the field
Blind searches
shooting in the dark
Imolementation
Making the Decision Happen
Issues
Manage Change
Resistance to Change
Monitoring
Monitoring the results of implementation for feedback
Features
DSS improves the effectiveness of the decision rather than its efficiency
DSS combines the use of models and analytical techniques with conventional data access and retrieval functions
DSS has enough flexibility to accommodate changes in the environment, the approach and the needs of the users
DSS is user initiated and user controlled
DDSS supports the personal decision making styles of individual managers
Solve semi-structured and unstructured problems
Support individuals and groups
Interdependence and sequence of decisions
Support Intelligence, Design, Choice
Adaptable and flexible
Interactive and ease of use
Interactive and efficiency
Human control of the process
Ease of development by end user
Modeling and analysis
Data access
Standalone and web-based integration
Support varieties of decision processes
Support varieties of decision trees
Quick response
Benefits
Helps in saving time
Research has demonstrated that decision support systems help to reduce decision cycle time for an organization
DSS provides timely information
used for decision making and results in enhanced employee productivity.
Improves efficiency
DSS is efficient decision making, resulting in better decisions
because use of DSS results in quick transfer of information, better data analyses, thus resulting in efficient decisions.
Provides competitive advantage
Use of decision support system in an organization provides a competitive advantage over other organizations which do not use DSS.
Helps in reducing cost
Research and case studies reveal that use of DSS in an organization helps in making quicker decisions and reduce cost
High satisfaction among decision makers
In DSS computers and latest technology aids the decision making process
They gain a confidence and satisfaction that they are good decision makers.
Supports learning
The use of DSS in an organization results in two type of learning
First managers themselves learn new concepts
Secondly, there is better factual understanding of business as well as the decision making environment.
Tools
capabilities
data management
data mining
case-based reasoning
cluster analysis
data visualization
fuzzy query and analysis
neural networks
data exchange capability
user management
combine expert knowledge with info
Contributory expertise
ability to contribute new knowledge or to teach
Interactional expertise
Knowledge gained from learning the language of specialist
groups
Primary source knowledge
basic technical competence
Popular understanding
Knowledge from the media
Specific instruction
Formulaic
rule-based knowledge
typically simple
context specific
business rules
define rule
modify rule
apply rules to models
interfaces
asset management system
Brand asset management systems
product imagery
logos
marketing collateral or fonts
Library asset management systems
video or photo archiving.
Production asset management systems
video game
3D feature film
animation
visual-effects shots
Cloud-based Digital Asset Management systems
emerge to complement on-premise systems.
decision services
points assists
linear assits
dynamic segmentation
GIS exchange
modeling
business intelligence
cubes
OLAP
summarise financial data by product
relational data warehouse
special-purpose data management system
financial modeling
IRR
Capital budgeting: Investment decision tool
Tariff optimisation
NPV
ROI
whole life costing
risk modelling
market risk
value at risk (VaR)
historical simulation (HS)
extreme value theory (EVT)
asset modelling
degradation modeling
renewals planning
financial models
design views/configuration
asset degradation
failure performance
statistical modeling
regression
sensitivity analysis
uncertainty analysis
monto-carlo simulation
scenario manager
forecasting
predictive analysts
logistics regression
multivariate regression
decision trees
cluster analysis
neural networks
what-if analysis
tending
business rule based decisions
sensitivity analysis