Decision: Support System
Decision: Support System
Decision: Support System
What is DSS?
6. Task oriented : it provide specific capabilities that support one or more task
related to decision making.
1. Model Building -
DSS aids in the decision-making process by identifying the most appropriate model for solving
problems. It considers the input variables, inter relationship among the variables, problem
assumption and constraints to design a suitable model.
2. Risk Analysis -
DSS especially helpful while taking medium or high risks decision. Decision can be low, medium or
high risks. DSS helps in assessment of risks of various alternatives by managers in a business
enterprise which helps in making decisions.
3. Goal Oriented -
This activity refers to the procedure of determining the value of input that is required to succeed a
particular goal.
FUNCTIONS OF DSS
4. Graphical Analysis -
It provides large volume of data in graphical format to visualise it easily and quickly.
Managers can also view the impact of various courses of action. The use of graph is
recommended when :
i) Forecasting
ii) Detecting Trends over time
iii) A quick summary of data is required
iv) Composing points and patterns at different variables
5. What-if Analysis -
If this activity, an end user will make changes to variables or relationship among them to
notice the resulting changes in other variables
TYPES OF DSS
1. MODEL DRIVEN : a model driven DSS emphasizes access to and manipulation of financial, optimization
and or simulations models.
2. DATA DRIVEN : a data driven DSS empjazises access to manipulation of a time series of internal company
data and sometimes external and real time data
3. COMMUNICATION DRIVEN : communication driven DSS use network and communications technologies
for facilitate decision relevent collaboration and communication.
4. DOCUMENT DRIVEN : document driven DSS uses computer storage and processing technologies to
provide documents retrieval and analysis.
5. KNOWLEDGE DRIVEN : knowledge driven DSS can suggest or recommend actions to managers. This DSS
are man machine systems with specialized problem solving expertise.
Advantages of a Decision Support
System
1.Overload Information
2.Reduction of status
3.Unanticipated effects
4.Cost in Monetary
5.Too much DSS dependency
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