Decision Support Systems Assignment Help

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Decision Support Systems:

Decision Support Systems (DSSs) are computer-based information systems that support the decision making activities of the organization. These are interactive systems and subsystems that provide assistance to the decision making group of the organization to effectively use organizational knowledge aof nd various technologies to make decisions. A DSS provides access to all the information assets the organization, compares the data figures, forecasts figures based on new data and hypotheses made, and evaluates the various decision alternatives considering the past experiences.

DSSs are widely used in business organizations to provide support in activities such as financial planning, forecasting, risk assessment, etc. To arrive at a rational solution, a DSS may make use of inquiry, analysis, models, or accounting systems. They are very useful when complex manipulations and different analysis techniques need to be used to find a solution. There are basically two types of decisions - programmable decisions and non-programmable decisions. Programmable decisions are those that are based on predetermined rules and can be computerized. Computerization is possible since the inputs, process methodology, analysis, and choice of decisions are all predetermined. Non-programmable decisions are those that do not follow any fixed rules but are based on circumstances.

 

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