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Frequently Asked Questions about Decision Support Systems by Dan Power

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28 results for "decision loop"

Question	Category	Date
What does it mean to keep a person in the decision loop? by Daniel J. Power In this Age of Automation, machines with appropriate software can make well-understood decisions without involving a person. We ...	DSS Foundations	Aug 29, 2020
What is the OODA loop? by Daniel J. Power Editor, DSSResources.COM OODA loop refers to the decision cycle of observe, orient, decide, and act, developed by military stra...	DSS Foundations	Jan 19, 2015
Why is a person kept in the decision cycle? by Daniel J. Power Editor, DSSResources.COM Decision making using data and algorithms has inherent limitations. Decision automation and decision m...	DSS Foundations	Feb 04, 2018
What is the role of people in machine learning? by Daniel J. Power Editor, DSSResources.com Many tools exist for modeling data using machine learning (ML). The tools have been automated and the...	DSS Foundations	Jan 13, 2021
What is the potential size of the NSEERS database? The U.S. Immigration and Naturalization Services (INS) is creating a number of very large databases to support a variety of operations and processes. ...	DSS Applications	Aug 07, 2005
How important is a robust decision support capability? by Dan Power Editor, DSSResources.com A robust decision support capability is perhaps desirable. Robust means a decision support system (DSS) req...	DSS Foundations	Nov 10, 2013
What are the steps to develop data-based decision support? by Ciara Heavin and Daniel J. Power Encouraging and developing data-based decision support is an organization-wide effort and requires many resou...	DSS Foundations	Mar 18, 2018
Why use a common language when developing and using decision support? by Ciara Heavin and Daniel J. Power Developing a common language between developers, managers and other decision support users improves communica...	DSS Foundations	Feb 04, 2017
How can DSS impact steps in a general decision process model? by Dan Power Editor, DSSResources.com There are many types of computerized decision support systems that support a diverse set of tasks. Exper...	DSS Foundations	May 14, 2008
What type of DSS is a Revenue Management application? On March 05, 2004, Tommy Wiratama posted the following at DSSResources.COM:Dear Dr. Power,I'm looking into existing revenue management technologies, e...	DSS Applications	Aug 25, 2005
What technologies are used for decision automation? by Dan Power Editor, DSSResources.com Software and system designers can use a number of differing technologies to build a system to automate deci...	DSS Foundations	Jul 30, 2012
Is decision support research still needed? Daniel J. Power Editor, DSSResources.com Digital transformation is occurring globally and data-driven decision support, machine learning, and Arti...	DSS Foundations	Nov 25, 2019
What is the difference between formative and summative DSS evaluation? by Dan Power Editor, DSSResources.com More evaluation is needed for decision support, analytics and business intelligence projects. Developers ...	Evaluating DSS Projects	Jan 27, 2016
Is security important for decision support applications? by Daniel J. Power Editor, DSSResources.COM Decision support applications often contain sensitive data that should be secured. Also, a common sou...	DSS Foundations	Apr 14, 2013
Is decision automation a hot topic? Does using a DSS require statistical expertise? YES and NO. Decision automation refers to using technologies including computer processing to make decisions and implement programmed decision process...	DSS Foundations	Aug 16, 2005
What is the Amazon working backwards approach? Daniel J. Power Editor, DSSResources.com Jeff Bezos, Amazon CEO, has had great success since the Amazon e-tailing website launched on July 16, 199...	DSS Foundations	Aug 16, 2020
What type of DSS is it? by Dan Power Editor, DSSResources.com Managers and developers are recognizing that products and systems advertized as business intelligence, de...	DSS Theory	Mar 21, 2009
What is business intelligence? by Dan Power Editor, DSSResources.com Business intelligence (BI) is often viewed as a term similar to military or competitive intelligence. And h...	DSS Foundations	Aug 06, 2005
How can analytics and decision support reduce insurance fraud? by Daniel J. Power Editor, DSSResources.COM Preventing and detecting insurance fraud is a critical task at insurance companies. There is some evi...	DSS Foundations	Mar 02, 2014
How do data storage strategies differ among uses? by Daniel J. Power Editor, DSSResources.COM Everything that happens is being digitized. Customers are data, processes are data, supply chains are...	DSS Foundations	Aug 13, 2018
What technologies are central to digital transformation of healthcare? by Ciara Heavin and Daniel J. Power A diverse array of technologies enable and support digital transformation of healthcare. Fitting technologi...	DSS Foundations	Mar 18, 2019
How should Decision Support Systems present apparently "Bad News"? On Saturday, January 22, 2005, a special issue of DSS News was sent to all 1066 subscribers. The purpose of the special mailing was to showcase some...	Building DSS	Aug 16, 2005
What are the advantages and disadvantages of computerized decision support? by Daniel J. Power Editor, DSSResources.COM This question in various forms has been popular in the Ask Dan! email. For example, J. Maclearn aske...	DSS Theory	Mar 02, 2007
How can managers improve security for decision support applications? by Daniel J. Power Editor, DSSResources.COM Decision support security is important. Managers and Information Systems staff must understand and ex...	DSS Theory	Apr 14, 2013
What is the status of Knowledge Management (KM)? by Dan Power In 1997, Rebecca Barclay and Philip Murray at Knowledge Praxis posted an article titled "What is knowledge management?". The articl...	Document-driven DSS	Aug 01, 2006
What is decision automation? by Daniel J. Power Editor, DSSResources.com Decision automation (DA) means software rather than people make decisions. The concept of decision au...	DSS Foundations	Dec 19, 2018
Did decision automation cause the subprime mortgage crisis? by Daniel J. Power Editor, DSSResources.COM Actions of greedy and naive people caused the crisis. People built and implemented the computerized d...	DSS Foundations	Sep 14, 2018
What is a decision system? Daniel J. Power, Ciara Heavin, and Peter Keenan A decision system is a collection of information-processing components that interact to make deci...	DSS Foundations	Sep 02, 2018

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