A decision support system helps users to analyze the information and make decisions. It is often used by middle and executive managers when unstructured and unpredictable information is a need for decisions. DSSs may include data from internal and external sources.
IT Expert Solutions provides the Latest Information about the DSS.
Sources:
They are two sources of decision support systems.
Internal sources:
The internal sources include sale orders, inventory records or financial data.
External sources:
The external data include interest rates, current construction costs, and other economic indicators.
Uses:
· Decision makers use DSSs to design decision models and make queries.
· A decision model is a numerical representation of a realistic situation such as a cash-flow model of a business.
· DSS typically includes modeling tools such as spreadsheets for the managers to create a numerical representation of a situation.
· DSS usually includes data from an organization transaction processing system.
Characteristics of DSS:
Some important characteristics of a decision support system are as follow:
· DSS support non-routine decision making for middle managers.
· It provides sophisticated analytical models and data analysis tools to support semi-structured and unstructured decision-making activities.
· It uses information from TPS, MIS and outer sources and enabled chiefs to perform imagine a scenario in which investigation.
· It focuses on problems that are unique and rapidly changing.
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