A decision support system (DSS) is a computerized program used to support determinations, judgments, and courses of action in an organization or a business . A DSS sifts through and analyzes massive amounts of data, compiling comprehensive information that can be used to solve problems and in decision-making.
What are the main benefits of using DSS?
- Improves efficiency and speed of decision-making activities.
- Increases the control, competitiveness and capability of futuristic decision-making of the organization.
- Facilitates interpersonal communication.
- Encourages learning or training.
What is decision support system with examples?
Decision support system examples
Example uses include: GPS route planning . A DSS can be used to plan the fastest and best routes between two points by analyzing the available options. These systems often include the capability to monitor traffic in real-time to route around congestion.
What is decision support system and its components?
A decision support systems consists of three main components, namely database, software system and user interface . 1. DSS Database: It contains data from various sources, including internal data from the organization, the data generated by different applications, and the external data mined form the Internet, etc.
What is decision support system Mcq?
Group Decision Support System (GDSS) that provides support for decision making by groups of people . A group decision support system (GDSS) is an interactive computer based system that facilitates a number of decision-makers (working together in a group) in finding solutions to problems that are unstructured in nature.
What are decision support tools?
The terms Decision Support Tools or Decision Support Systems (DSS) refer to a wide range of computer-based tools (simulation models, and/or techniques and methods) developed to support decision analysis and participatory processes .
What are the steps in decision making?
- Step 1: Identify the decision. You realize that you need to make a decision. ...
- Step 2: Gather relevant information. ...
- Step 3: Identify the alternatives. ...
- Step 4: Weigh the evidence. ...
- Step 5: Choose among alternatives. ...
- Step 6: Take action. ...
- Step 7: Review your decision & its consequences.
What are the applications of DSS?
DSS applications can be used in a vast array of diverse fields, such as credit loan verification, medical diagnosis, business management , evaluating bids on engineering projects, agricultural production and railroad evaluation.
What should be the major characteristics of DSS?
The quality and value of DSS-related Web sites is outstanding. ... It is batch updated and structured for rapid on-line queries and managerial summaries . C). An interactive computer based system which helps decision makers utilize data and models to identify and solve problems and make decisions.
What are the limitations of DSS?
- Information Overload: A computerized decision making system may sometimes result in information overload. ...
- Too much Dependence on DSS: It is true that decision support systems are integrated into businesses to make everyday decisions faster and more easily.
What is decision support system explain?
A decision support system (DSS) is a computerized program used to support determinations, judgments, and courses of action in an organization or a business . A DSS sifts through and analyzes massive amounts of data, compiling comprehensive information that can be used to solve problems and in decision-making.
What is decision its components?
The Components of Decision Making. The five distinct parts of consumer decision making presented are input, information processing, a decision process, decision process variables, and external influences . Input.
What makes a decision support system successful?
Well successful DSS happens when its use actually makes a positive difference in decision making . These are most important factors to bring success to DSS using. Faster execution is not always better. Only a fraction of task time is determined by actual DSS execution time.
Which of the following are the type of decision?
- Strategic Decisions and Routine Decisions. ...
- Programmed Decisions and Non-Programmed Decisions. ...
- Policy Decisions and Operating Decisions. ...
- Organizational Decisions and Personal Decisions. ...
- Individual Decisions and Group Decisions.
What is the need of MIS?
The MIS helps in strategic planning, management control, operational control and transaction processing . The MIS helps in the clerical personal in the transaction processing and answers the queries on the data pertaining to the transaction, the status of a particular record and reference on a variety of documents.
Which one is not a CASE tool?
Which of the following is not a type of CASE tool? Explanation: Lower and Upper CASE tools support analysis and design .
