...Information Systems researchers, academicians and technologists have built and investigated computerized Decision Support Systems (DSS) for approximately 40 years. This article chronicles and explores the developments related to building and deploying DSS. The journey begins with building model-driven DSS in the late 1960s, theory developments in the 1970s, and implementation of financial planning systems, spreadsheet-based DSS and Group DSS in the early and mid 1980s. Data warehouses, Executive Information Systems, OLAP and Business Intelligence evolved in the late 1980s and early 1990s. Finally, the chronicle ends with knowledge-driven DSS and the implementation of Web-based DSS beginning in the mid-1990s. The field of computerized decision support is expanding to use new technologies and to create new applications. In the 1960s, researchers began systematically studying the use of computerized quantitative models to assist in decision making and planning (Raymond, 1966; Turban, 1967; Urban, 1967, Holt and Huber, 1969). Ferguson and Jones (1969) reported the first experimental study using a computer aided decision system. They investigated a production scheduling application running on an IBM 7094. In retrospect, a major historical turning point was Michael S. Scott Morton's (1967) dissertation field research at Harvard University. Scott Morton’s study involved building, implementing and then testing an interactive, model-driven management decision system. Fellow Harvard Ph...
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...Decision support systems and Business Intelligence: an overview Contents Course introduction 1–3 Module one objectives 1–3 Use of Study Guide 1–3 Suggested study schedule 1–4 Readings 1–4 Changing business environments and computerised decision support 1–4 Managerial decision-making 1–5 Computerised support for decision making: systems and technologies 1–5 The systems 1–5 The technologies 1–5 A framework for decision support 1–6 Management science 1–6 Concept of decision support systems & business intelligence 1–7 DSS – BI connection 1–7 Course plan and themes 1–7 Conclusion 1–8 Course introduction This first module aims to provide an overview of the topic and provide the broad backdrop into which the other modules will fit. Today’s business environment is constantly changing, and it is becoming more and more complex. Private and public organizations are required to respond quickly to changing conditions; be it government regulations or informed customers or market conditions. This requires organizations to be agile and to make frequent and quick strategic, tactical, and operational decisions. Making such decisions may require considerable amounts of relevant data, information, and knowledge. Processing these, in the framework of the needed decisions, must be done quickly, frequently in real time, and usually requires some computerized support. This course is about using business intelligence as computerized support for managerial...
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...SYLLABUS DECISION SUPPORT SYSTEM & MIS MBA–3rd SEMESTER, M.D.U., ROHTAK External Marks : 70 Time : 3 hrs. Internal Marks : 30 UNIT - I Decision Support System : Overview, components and classification, steps in constructing a dss, role in business, group decision support system. UNIT - II Information system for strategic advantage, strategic role for information system, breaking business barriers, reengineering business process, improving business qualities. UNIT - III Information system analysis and design, information SDLC, hardware and software acquisition, system testing, documentation and its tools, conversion methods. UNIT - IV Marketing IS, Manufacturing IS, Accounting IS, Financial IS. 67 DECISION SUPPORT SYSTEM & MIS MBA 3rd Semester (DDE) UNIT – I Q. Define Decision Support System. Explain its characteristics and need. Ans. A decision support system is an information system application that assists decision making. DSS tends to be used in planning, analyzing, alternatives and trial and error search for solutions. A DSS as a system that provide tools to managers to assist them in solving semi structured and unstructured problems in their own. In other words, A DSS is an information system that support to managers for decision making. DSS is the intellectual resources of individuals with the capabilities of the computer to improve the quality of decision. A DSS can be defined as a computer based information system that aids...
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...CURRENT ISSUES OF DECISION SUPPORT SYSTEM Cynthia P. C. Lee Abstract This paper emphasized on the Decision Support System (DSS) defined in various ways depending upon the author’s point of view by Turban (1995), Little (1970), Moore and Chang (1980), Keen (1980), and Power (1997); history of DSS during late 1950s and early 1960s until millennium approached of Web-based analytical applications; the Decision support system (DSS) has been used in many different ways (Alter 1980, Power, 2002). Turban (1995) defines it as "an interactive, flexible, and adaptable computerbased information system, especially developed for supporting the solution of a nonstructured management problem for improved decision making. It utilizes data, provides an easy-to-use interface, and allows for the decision maker's own insights." For Little (1970), a DSS is a "model-based set of procedures for processing data and judgments to assist a manager in his decision-making." Moore and Chang (1980) define DSS as extendible systems capable of supporting ad hoc data analysis and decision modeling, oriented toward future planning, and used at irregular, unplanned intervals. importance of DSS to assist in high-level decision-making, assist academic advising staff, improve the quality and timeliness of marketing decisions, and medical diagnosis process; and current issues of DSS where decision-making as the most important activities for human beings, Clinical Decision Support Systems (CDSSs), several...
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...and operating complex systems. Simulation is an cost effective means for exploring new ideas. It can be used as an effective communication tool which shows how an operation works while stimulating creative thinking for more improvements. One of the major advantage of simulation modeling is that we can begin with a simple model of a process and as we better understand the process we can gradually refine the model accordingly. this helps us to achieve good approximations for very complex problems within a short amount of time. Decision-making usually requires a lot of analysis of large amounts of data and complex relations. Decision support system are computerized tools designed and implemented for such purposes. A decision support system helps in an organization or business decision making activities. In an organization, the decision support system serves the management, the operations and planning levels of an organization. it helps people make decisions problems that can rapidly change and which cannot be specified easily in advance. There are many decision support systems. They can be classified into five types: * Communication driven decision support systems * Data-driven decision support systems * Document-driven decision support systems * Knowledge-driven decision support systems and * Model-driven decision support systems. The major benefits of decision support systems are: * It improves efficiency and speed of decision-making activities. ...
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...Establish AMIS and ADSS and Their Integration Content 1． Introduction to the Computerized Accounting Information System 3 2． Information the FA needs---AMIS 3 2.1. Information Content 3 2.2. Accounting Management Information System(AMIS) 4 3． Information the MA needs---ADSS 5 3.1. Information Content 5 3.2. Accounting Decision Support System(ADSS) 5 4． How to Meet the Two Competing Needs 6 5． Conclusion 7 References: 7 How to Establish AMIS and ADSS and Their Integration Introduction to the Computerized Accounting Information System Nowadays, computer and modern information technology have been widely used in accounting. Thus, computerized accounting is creating a good environment for the world’s financial. It was developing rapidly since introduced in 1980s, and was used in nearly 90 percent of company’s financial management. This change from manual mode to computerization is not only in the aspect of dealing and storing ways of accounting information, but also the impact of the theory and application. Computerized accounting has bee applied successfully and sufficiently in various professions. This computer process substituted the manual work of book-keeping, account, reimbursement, and as well as the analysis, forecast and decision making about accounting information, aiming at promoting the financial management and the benefit in economy and modernizing the accounting...
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...TYPES OF INFORMATION SYSTEMS An information system is a collection of hardware, software, data, people and procedures that are designed to generate information that supports the day-to-day, short-range, and long-range activities of users in an organization. Information systems generally are classified into five categories: office information systems, transaction processing systems, management information systems, decision support systems, and expert systems. The following sections present each of these information systems. 1. Office Information Systems An office information system, or OIS (pronounced oh-eye-ess), is an information system that uses hardware, software and networks to enhance work flow and facilitate communications among employees. Win an office information system, also described as office automation; employees perform tasks electronically using computers and other electronic devices, instead of manually. With an office information system, for example, a registration department might post the class schedule on the Internet and e-mail students when the schedule is updated. In a manual system, the registration department would photocopy the schedule and mail it to each student’s house. An office information system supports a range of business office activities such as creating and distributing graphics and/or documents, sending messages, scheduling, and accounting. All levels of users from executive management to nonmanagement employees utilize...
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...A Decision Support System (DSS) is a computer-based information system that supports business or organizational decision-making activities. DSSs serve the management, operations, and planning levels of an organization and help to make decisions, which may be rapidly changing and not easily specified in advance .Decision support systems can be either fully computerized, human or a combination of both. Business intelligence (BI) is the set of techniques and tools for the transformation of raw data into meaningful and useful information for business analysis purposes. BI technologies are capable of handling large amounts of unstructured data to help identify, develop and otherwise create new strategic business opportunities. The goal of BI is to allow for the easy interpretation of these large volumes of data. Identifying new opportunities and implementing an effective strategy based on insights can provide businesses with a competitive market advantage and long-term stability sports : Not just fun and games The mathematical methods described in this case have been known for generations and used in business for dacades. U.S major league baseball and major league football each bring in annual revenue approaching 10 billion dollar. Millions of dollars are paid for superstars. One truism in sports is to pay top talent player top dollar, Howerver shelling out large amount of money for superstars may not be smart. The 2011 movie moneyball based on true story , which shows...
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...Information System Strategic Impact Hi Mr. Tom, I will like to first congratulate you on your new position as the Chief Executive Officer, of this amiable and well respected leader in the Healthcare logistics industry. It’s good to have an ambitious and goal oriented person like you in charge of this company. Decision Support System (DSS) is a type of Information System that are into specifics, it helps in the strategic decision making of the Top Executives in an organization, by gathering and analyzing both internal and external information. A good way to understand this type of Information System is to visualize the executive management in an aircraft cockpit with the instrument panel guiding them about the status of all key business activities. A special type of DSS, referred to as Executive Information System (EIS), is structured to support the information needs of the executive management. EIS information is presented in charts and tables that show trends, ratios, and other managerial statistics. This type of Information System would certainly help provide a strategic impact on the business of this company by gathering data on competitors’ customers. Advantages of Decision Support System 1. It improves personal efficiency as it’s very easy to use, as the user do not have to be a computer geek in understanding how it works. 2. The information produced by is quick and timely, as many decisions that executives have to make are quick. With EIS, an executive...
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...Arumugam No.I.C: 881126-08-5824 Date: 28th June 2015 1. A) Describe what is meant by management information systems (MIS). Include in your answer one example of how an MIS can be used. * Management information system, or MIS, broadly refers to a computer-based system that provides managers with the tools to organize, evaluate and efficiently manage departments within an organization. In order to provide past, present and prediction information, a management information system can include software that helps in decision making, data resources such as databases, the hardware resources of a system, decision support systems, people management and project management applications and any computerized processes that enable the department to run efficiently. The role of the management information system (MIS) manager is to focus on the organization’s information and technology systems. The MIS manager typically analyses business problems and then designs and maintains computer applications to solve the organization’s problems. B) Describe the factors which make a good or poor MIS using example to illustrate your answer. * A good MIS is a computer system that supplies the information in a form that managers can easily understand and use that allow them to make good business decision. Such information can reduce the risk in making decision. * A good MIS is fast because managers do not want to wait too long for the information to be displayed. ...
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...of Phoenix Material Support Tools Worksheet Read the following patient scenarios. Use the tables to identify and explain at least one or two clinical decision support tools that could be used in each scenario. Each explanation should be 50 to 150 words. Example Scenario and Response A physician is asking that a new drug, DRUGx, be added to the formulary. This drug interacts with the drug INTERAx, causing severe convulsions or seizures and even death. Describe how the electronic system might be set up to protect patients from receiving DRUGx if they are already taking INTERAx. Consider the CPOE process you have read about in class. |Clinical decision support tools and explanation | |I would choose to use a Drug/Drug Interaction tool so we would be aware when there could be a severe reaction when a patient is prescribed | |both DRUGx and INTERAx. This tool would notify the appropriate individuals when someone wanted to prescribe both of these medications to a | |patient. I would have it alert the physician as soon as he or she entered the order in CPOE so they could have an opportunity to select | |another drug that would be appropriate for the patient. | Scenario One A patient has a known allergy to penicillin. Describe how the electronic system might be set up to prevent...
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...DECISION SUPPORT SYSTEM AIMS TO SUPPORT BETTER BUSINESS DECISION-MAKING IN TELECOM SECTOR OF PAKISTAN Thesis Presented to the Faculty of INSTITUTE OF BUSINESS AND INFORMATION TECHNOLOGY In Fulfillment of the Requirements for the Degree of Master of Business and information technology By Muhammad Taimoor Khalid F09MB023 Contents DECLARATION 6 ACKNOWLEDGEMENTS 7 Executive Summary 8 INTRODUCTION 9 Decision Support System 10 Telecommunication Sector in Pakistan 13 PROBLEM DEVELOPMENT 14 Significance of the study 15 Study Objectives 15 Research Research Query#s 15 Relevant Variables 16 Dependent variables: 16 Independent variables: 16 Research Hypothesis 16 Hypothesis # 1 16 Hypothesis # 2 16 Hypothesis # 3 17 Hypothesis # 4 17 LITERATURE REVIEW 18 “ 21 “ 21 (Business psychology and organisational behaviour 21 “ 22 “ 22 RESEARCH METHODOLOGY 23 Introduction to chapter 24 Research Design: 24 Purpose of research 25 Data Processing and Analysis 25 Primary and Secondary data 25 Regression Equation 26 Comparative Analysis 28 Dss and Comapny 28 Respondent age 28 Respondent sex 29 Respondent Work Experience 29 Respondent Qualification 30 Research Query’s Analysis 31 Research Query# 1 31 Research Query# 2 31 Research Query# 3 31 Research Query# 4 32 Research...
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...Decision Support System (DSS) A Decision Support System (DSS) is an interactive computer-based system or subsystem which is meant for helping out decision makers in using several communications technologies, data, documents, knowledge and/or models for the identification and resolution of a number of problems, completion of tasks related to decision process, and formulation of adequate decisions. The term, Decision Support System is generally used to refer to any computer-based application which is designed to enhance the abilities of a person or a group of individuals in making efficient and effective decisions. In addition to that, Decision Support System is also a frequently explored academic field of research which takes of designing and implementation processes of Decision Support Systems along with the analysis of their areas of application. All in all, Decision Support Systems come under an umbrella of the computerized information system which can effectively manage and support all activities related to effective decision making. There are five more specific types of Decision Support Systems as listed below (DSS Basics): * Communication-driven Decision Support System * Data-driven Decision Support System * Document-driven Decision Support System * Knowledge-driven Decision Support System * Model-driven Decision Support System In general, decision support systems usually gather and present organizational information that help them generating (decision...
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...Domino’s Sizzles with Pizza Tracker 1. What kinds of systems are described in this case? Identify and describe the business processes each supports. Describe the inputs, processes, and outputs of these systems. There are three kinds of systems are described in this case. They are the Transaction Processing System (TPS), the Management Information System (MIS), and the Decision Support System (DSS). The Transaction Processing System (TPS) is a computerized system that performs and records the daily routine transactions necessary to conduct business. It is the sales order entry or point of sale (POS) system that captures purchase and payment information. The customer inputs the pizza order that describe the type of pizza crust, the types of pizza toppings, and any side orders. The Transaction Processing System (TPS) then processes the information inputted by the customer and updates Domino’s database with this customer’s pizza order. Next the Management Information System (MIS) helps middle management with administrative activities, controlling, decision- making, and monitoring to see if everything in the process is working well. The Management Information System (MIS) receives transaction data from the Transaction Processing System (TPS) regarding the customer’s order to condense and present this data in reports. Finally the Management Information System (MIS) outputs report information such as type of pizza toppings used, how much time it took to make the pizza, and how long it...
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... December 09, 2014 BBF 2-7s Homework 1. WHAT IS MIS? MIS is short for management information system or management information services. Management information system, or MIS, broadly refers to a computer-based system that provides managers with the tools to organize, evaluate and efficiently manage departments within an organization. In order to provide past, present and prediction information, a management information system can include software that helps in decision making, data resources such as databases, the hardware resources of a system, decision support systems, people management and project management applications, and any computerized processes that enable the department to run efficiently. 2. WHY IS MIS IMPORTANT FOR ORGANIZATION? Because MIS provides several benefits to the business organization: the means of effective and efficient coordination between Departments; quick and reliable referencing; access to relevant data and documents; use of less labor; improvement in organizational and departmental techniques; management of day-to-day activities (as accounts, stock control, payroll, etc...
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