Submitted by: Submitted by Jacey
Views: 10
Words: 750
Pages: 3
Category: Business and Industry
Date Submitted: 08/28/2016 11:29 AM
Jacey Stuckey
Honors Project #1: Decision Support System
1. A Decision Support System is a flexible analysis tool that helps managers make decisions about unstructured problems, such as effects of events and trends outside the organization. Decision support systems use data from TPS (Transactional Processing Systems) and a set of the flexible analytical tools to support middle managers. Decision Support Systems enable managers to get information on how the outcome would be in completely unexpected, nonrecurring events. DSS does more than record and summarize data. DSS analyzes data easily and efficiently. DSS brings together a business’s insights, thoughts, and judgements with its recorded information to create an interactive way to combine the two concluding to the best business decisions. In a business, this helps speed up the process of decision making and increase the accuracy.
2. The four parts of DSS are the user, system software, data, and decision models. The user could be anyone that needs to make a decision, and in a typical business scenario this would be a middle-level manager. System software is the operating system that allows users to use programs designed to work to handle detailed operating procedures, thus giving a detailed, intuitive interface, usually driven by a memo or icon meant to be easily understood and offer a variety of choices. Data is usually stored in a database either being internal or external data. Internal data comes from within the organization, usually from the TPS. External data is from outside of the organization to get background knowledge in order to have a wide scope of information to work with. Finally, decision models are what give the DSS the analytical capabilities: strategic, tactical, and operational.
3. There are three types of decision models for DSS: strategic, tactical, and operational. Strategic models assist top-level managers in long range planning, such as stating company objectives or planning...