Decision Support System
Journal Title: INTERNATIONAL JOURNAL OF ENGINEERING TRENDS AND TECHNOLOGY - Year 2013, Vol 4, Issue 4
Abstract
In this paper we introduce Decision support systems which are gaining an increased popularity in various domains, including business, engineering, the military, and medicine. They are especially valuable in situations in which the amount of available information is prohibitive for the intuition of an unaided human decision maker and in which precision and optimality are of importance. Decision support systems can aid human cognitive deficiencies by integrating various sources of information, providing intelligent access to relevant knowledge, and aiding the process of structuring decisions. They can also support choice among well-defined alternatives and build economics, operations research, statistics, and decision theory. They can also employ artificial intelligence methods to address heuristically problems that are intractable by formal techniques. Proper applicationof decision-making tools increases productivity, efficiency, and effectiveness and gives many businesses a comparative advantage over their competitors, allowing them to make optimal choices for technological processes and their parameters, planning business operations, logistics, or investments.
Authors and Affiliations
Prof. Medha Kulkarni#
Keywords
Related Articles
- EP ID EP125493
- DOI -
- Views 109
- Downloads 0
A Review on Different Spam Detection Approaches
Email is one of the crucial aspects of web data communication. The increasing use of email has led to a lucrative business opportunity called spamming. A spam is an unwanted data that a web user receives in the form of e...
Finite Element Analysis of Y+41 LiNbO3 Based on SAW Resonators Including Perfectly Matched Layer
This paper describes the modelling and simulation of Surface acoustic waves (SAW) in piezoelectric thin film by using a finite element method (FEM) in combination with Perfectly Matched Layer (PML). Various important pie...
Automatic Key Generation of Caesar Cipher
Cryptography has been through numerous phases of evolution. Early ciphers in cryptography were designed to allow encryption and decryption to take place by hand, while those which are developed and used today are only po...
Ontology Learning Process Using Fuzzy Formal Concept Analysis
Currently reliable and appropriate information is difficult to find on the Internet. Bayesian networks were used earlier for probabilistic reasoning of unknown values and for determining knowledge representation. V...
Experimental Analysis of 2.7 m2 Scheffler Reflector and Formulation of a Model
The performance of 2.7 m2 Scheffler reflector has been studied. Scheffler Reflector is parabolic dish collector designed to collect energy from sunlight. In this System storage vessel was installed at focus point . Vesse...