Frequently Asked Questions about Decision Support Systems by Dan Power
25 results for "sensitivity analysis"
| Question | Category | Date |
|---|---|---|
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How does sensitivity analysis differ from "What if?" analysis?
by Dan Power Editor, DSSResources.COM In the early days of decision support deployment, one of the major "selling points" of vendors and academ... |
Model-driven DSS | Aug 30, 2014 |
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What are the features of a model-driven DSS?
by Dan Power Editor, DSSResources.com This is the final column about features of computerized decision support systems. The focus is on mod... |
Model-driven DSS | Aug 09, 2008 |
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What is next generation BI?
by Dan Power Editor, DSSResources.com Most of us recognize that we need better software and systems to get better business intelligence. We also... |
DSS Foundations | Jan 14, 2011 |
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What is a computer supported special decision study?
by Dan Power Editor, DSSResources.com Frequently, computerized tools are used to prepare one-time special studies and reports in unstructured, ... |
DSS Foundations | Dec 23, 2015 |
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What is a cost estimation DSS?
by Dan Power Editor, DSSResources.com In many industries, bids are submitted in response to requests for proposals (RFPs). Preparing a bid for a ... |
DSS Applications | May 13, 2017 |
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What are key skills of data-based decision makers?
by Ciara Heavin and Daniel J. Power Decision making habits are often learned by trial and error. Decision making skills should be learned through... |
DSS Foundations | Mar 18, 2018 |
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What is a DSS cost benefit analysis?
by Dan Power Editor, DSSResources.com Decision support system cost benefit analysis is one technique used to determine if a proposed DSS should b... |
DSS Foundations | Jul 18, 2010 |
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What is the output of a decision support system?
by Dan Power Editor, DSSResources.com Traditionally, one would answer the output of a DSS is "relevant information". Correct, but DSS designers ... |
Building DSS | Feb 06, 2008 |
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What skills do data-driven decision makers need?
by Daniel J. Power Editor, DSSResources.COM Decision making habits are often learned by trial and error. Decision making skills are learned throu... |
DSS Foundations | Dec 22, 2014 |
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What is Alter's DSS taxonomy?
by Daniel J. Power Editor, DSSResources.com In the mid-1970s, the first wave of computerized decision support systems (DSS) became practical. St... |
DSS Foundations | Jun 18, 2018 |
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What should managers know about predictive analytics and model-driven decision support?
by Dan Power Editor, DSSResources.COM Companies are implementing predictive analytics and quantitative models to assist managers. There remain ... |
DSS Foundations | Aug 19, 2012 |
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How important is flexibility for a DSS?
by Dan Power Editor, DSSResources.com In the early years of computerized decision support, Keen (1980) and Sprague and Carlson (1982) argued th... |
DSS Foundations | Jul 09, 2008 |
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What is a spreadsheet-based DSS?
by Dan Power Editor, DSSResources.com Most managers are familiar with spreadsheet packages like Microsoft Excel. If a decision support system (D... |
Model-driven DSS | Jan 30, 2017 |
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What is a Spatial DSS?
&subarticlby Dan Power Editor, DSSResources.com Web-based systems like Google Maps and MapQuest have demonstrated the importance and value of hav... |
Data-driven DSS | Aug 06, 2005 |
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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 |
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What is the best data analytics approach?
by Ciara Heavin and Daniel J. Power Selecting the most appropriate data analytics approach and tools for a specific task or project can be very c... |
DSS Foundations | Sep 18, 2017 |
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What are major managerial dilemmas of digital transformation?
by Daniel J. Power Editor, DSSResources.com Managers face some difficult choices among potentially disruptive or in other ways undesirable soluti... |
DSS Foundations | May 29, 2017 |
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What kind of DSS does Mr. X need?
by Daniel J. Power Editor, DSSResources.com There are many "kinds" of decision support for diverse decision making situations. Both IS/DSS softw... |
Building DSS | Aug 03, 2014 |
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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 |
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Is it feasible to track all visitors to the United States and then build a Data-driven DSS?
In response to the September 11, 2001 World Trade Center and Pentagon attack, the U.S. Congress required Attorney General John Ashcroft and the U.S. I... |
DSS Applications | Aug 07, 2005 |
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What is conversational, general-purpose decision support?
by Daniel J. Power Editor, DSSResources.COM The phrase conversational, general-purpose decision support refers to a knowledge-driven software app... |
DSS Foundations | Feb 24, 2019 |
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Are soft skills important in a digital business?
by Daniel J. Power Editor, DSSResources.COM Some observers claim the increasing use of Artificial Intelligence and Decision Automation will creat... |
DSS Foundations | Feb 12, 2019 |
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Can decision support provide a competitive advantage?
by Dan Power Editor, DSSResources.COM Some software vendors claim their decision support, analytics or business intelligence applications will ... |
DSS Theory | Oct 02, 2012 |
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Can computerized decision support reduce cognitive biases in decision making?
by Dan Power Editor, DSSResources.COM Individuals have predictable thinking patterns. Some patterns are positive and others lead to poor choic... |
Building DSS | Jan 10, 2019 |
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What is the "answer" to my DSS question?
by Daniel J. Power Editor, DSSResources.COM Currently, I have a backlog of more than 75 questions that have been emailed to Ask Dan! since Septe... |
DSS Foundations | Oct 22, 2006 |
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