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Maurer Group - Essay Example
Decisions are made with a higher degree of consensus and a higher likelihood of implementation success. Decision support systems (DSS) may be broadly defined as the computer based systems that will help the people to use the computer communications, data, documents and better knowledge of the models used to solve the problems and make decisions…
Decision support systems 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 on formal approaches, such as the methods of engineering economics, operations research, statistics, and decision theory. A decision support system may present information graphically and may include an expert system or artificial intelligence.
Extract, transform and load (ETL) tasks are part of building many types of DSS, including some model-driven DSS. ...