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Frequently Asked Questions about Decision Support Systems by Dan Power

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50 results for "supply & demand"

Question	Category	Date
What is the decision support information demand and supply equilibrium? by Daniel J. Power Editor, DSSResources.COM At equilibrium the demand for decision support data and information equals the supply. In this era of...	DSS Foundations	Oct 28, 2018
How can decision support aid smart manufacturing initiatives? by Daniel J. Power Editor, DSSResources.COM, University of Northern Iowa, USA; Marzieh Khakifirooz, National Tsing Hua University, Taiwan; Mahdi F...	DSS Foundations	Jun 13, 2018
How can managers hire and retain information technology talent? by Daniel J. Power Editor, DSSResources.com Our information technologies continue to change and improve. With developments like Cloud computing,...	DSS Foundations	Feb 02, 2017
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 is an Interorganizational DSS? by Dan Power Editor, DSSResources.com Inter-organizational DSS serve a company's customers, stockholders, bankers and/or suppliers. The purpose i...	DSS Foundations	Mar 18, 2011
What influences supply and demand for information goods? Mary Daly, Cork University Business School and Daniel J. Power, DSSResources.com and University of Northern Iowa Organisational decision making en...	DSS Foundations	Jun 22, 2019
Is Amazon Web Services a 'good fit' for decision support and OLTP? by Daniel J. Power Editor, DSSResources.COM Amazon Web Services (AWS) hosts many popular Web applications including: Instagram, Vine, IFTTT, Netf...	DSS Foundations	Aug 25, 2013
What decisions are appropriate for model-driven DSS? by Dan Power Editor, DSSResources.com Some decision problems occur across diverse businesses. Various approaches can be used to solve them depen...	Model-driven DSS	Dec 29, 2008
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
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 are some use cases with expanded data sources? by Daniel J. Power Editor, DSSResources.COM Data volume is expanding rapidly, data variety is increasing and is coming from new sources, and data...	DSS Foundations	Dec 21, 2014
What is big data? by Daniel J. Power Editor, DSSResources.COM Big data is an overused and somewhat confusing phrase. Big data is characterized by high volume, low...	DSS Foundations	Jul 02, 2018
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
Is Information Technology transforming the U.S. Heartland? by Daniel J. Power Editor, DSSResources.COM The American heartland is 12 states in the heart of the United States and North America: Illinois, Indi...	DSS Foundations	Dec 12, 2015
What are benefits of Interorganizational DSS? by Dan Power Editor, DSSResources.com In general, an organization can benefit by providing DSS to its customers, suppliers and other significant...	DSS Applications	Mar 19, 2008
What are benefits of decision support applications in the cloud? by Dan Power Editor, DSSResources.COM Cloud computing is a distributed computing model that uses a network to share resources. The resources a...	DSS Foundations	Jul 08, 2012
What is the scope of database administration? by Daniel J. Power Editor, DSSResources.COM Databases are central to transaction processing and decision support. Database administration is a com...	DSS Foundations	Nov 12, 2014
How does the Internet of Things (IoT) support decision making? by Daniel J. Power Editor, DSSResources.COM Supporting decision making is broadening in its scope and in available capabilities. According to Pow...	DSS Foundations	Aug 19, 2018
How do DSS differ from TPS? by Daniel J. Power Editor, DSSResources.COM excerpted from Power, D. (2002, pp. 8-9) Development of Decision Support Systems (DSS) is one of the...	DSS Foundations	Nov 07, 2020
What are substitutes for computerized decision support? by Dan Power Editor, DSSResources.com Some computerized decision support is increasingly a necessity, but there remain many substitutes or alter...	DSS Theory	Aug 06, 2005
Do consumers need decision support capabilities? by Dan Power Editor, DSSResources.com Purchase decisions have become increasingly complex with the advent of Internet shopping. Making decisions...	DSS Foundations	Feb 27, 2013
What are examples of technology innovation failures? by Daniel J. Power Editor, DSSResources.com Technology success has led to innovations in organization decision making, operations, and products. ...	DSS Foundations	Aug 08, 2017
How do predictive analytics support decision making? by Dan Power Editor, DSSResources.com Predictive analytics is a general term for using simple and complex models to support anticipatory decisio...	Building DSS	Jul 30, 2012
How is digital transformation changing accounting? by Daniel J. Power Editor, DSSResources.COM People no longer perform most traditional accounting tasks. Today accounting is much more than record...	DSS Foundations	Nov 21, 2020
What is digital transformation of an organization? by Daniel J. Power and Ciara Heavin Digital transformation changes processes, systems and operations by implementing improved computing technologi...	DSS Foundations	May 13, 2018
What is the relationship between DSS and BAM? by Dan Power Editor, DSSResources.com Business Activity Monitoring (BAM) is the "real-time" evolution or descendant of the Executive Information...	Building DSS	Jul 09, 2016
What is a document database? by Dan Power Editor, DSSResources.com Increasingly unstructured or semi-structured documents are the drivers of new, novel decision support syst...	DSS Foundations	Nov 26, 2011
What is the ROMC design approach? by Daniel J. Power Editor, DSSResources.com ROMC is an analysis and design method for user interfaces. Ralph Sprague and Eric Carlson (1982) propo...	DSS Foundations	Dec 31, 2020
How might AI, Blockchain and Decision Support impact Accounting and Auditing? by Daniel J. Power Editor, DSSResources.COM Historically, bookkeepers, accountants, and auditors have maintained financial records and created de...	DSS Foundations	Oct 14, 2018
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
How will Web 2.0 impact design and development of decision support systems? by Dan Power Editor, DSSResources.com Web 2.0 applications facilitate information sharing, user-centered design, and collaboration. In the past 5...	DSS Foundations	Jan 03, 2011
When is "real-time" decision support desirable and needed? My Ask Dan! column “What is ‘real-time’ decision support in DSS News (Vol. 3, No. 24) struck a chord with some readers. This column is a follow-...	Building DSS	Aug 06, 2005
Why study computerized decision support? by Dan Power Editor, DSSResources.com Using information technologies to improve decision making is interesting and important. Sadly, we seem to ...	DSS Foundations	Feb 05, 2012
What are the "hot" DSS research topics? Academic research in the U.S. often seems as susceptible to trends and "hot" topics as other segments of our culture. For the past 10 years ...	Evaluating DSS Projects	Aug 07, 2005
What is analytics? by Dan Power Editor, DSSResources.COM Analytics refers to quantitative and statistical analysis of data. Analytic capabilities are important in...	DSS Foundations	Oct 07, 2020
Why are transportation problems popular applications for DSS? In the early 1970s, many researchers were trying to apply mathematical programming to business problems. The transportation problem was often discusse...	DSS Applications	Aug 07, 2005
What is the role of decision support in precision farming? by Daniel J. Power Editor, DSSResources.COM In approximately 8000 B.C. when farming and agrarian communities were established, the population of ...	DSS Foundations	May 24, 2015
What is the actual usage of DSS? This Ask Dan! column tackles a difficult question, but one that many of us have asked in one way or another over the years. I'm focusing on usage of D...	Building DSS	Aug 06, 2005
Why is anticipatory technology decision-making important? by Daniel J. Power Technology change is accelerating and advancing. Technology optimism, a belief that improved technology will always solve more p...	DSS Foundations	Jun 16, 2020
How is analytics, BI and decision support shaping global society? by Daniel J. Power Editor, DSSResources.COM Computer-based analysis and decision support began impacting global society in the early 1950s. By 19...	DSS Foundations	Sep 01, 2013
What is best practice for data visualization? by Dan Power Editor, DSSResources.COM Visualizing data means that we can see relationships if they exist. A visualization is a short cut to un...	DSS Foundations	Dec 23, 2012
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
Are decision markets a useful decision support tool? by Dan Power Editor, DSSResources.COM YES, decision markets are useful for appropriate prediction tasks. Some Ask Dan! columns are more time sens...	Model-driven DSS	Dec 29, 2015
Who are the major vendors of Excel add-in programs for building model-driven DSS? In an attempt to provide a comprehensive answer to this question, I visited the web sites of vendors listed on the Spreadsheet-based DSS vendor page a...	Model-driven DSS	Aug 07, 2005
What is agile project management? Daniel J. Power and Ciara Heavin Applying agile values and principles to managing a project is commonly identified as Agile Project Management (AP...	DSS Foundations	Mar 15, 2020
What is the Analytical Hierarchy Process (AHP)? Better known as "AHP", pronouncing each letter ("A" -- "H" -- "P"), this decision structuring tool is well-kno...	Model-driven DSS	Aug 07, 2005
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
What are example uses of business analytics? by Daniel J. Power Editor, DSSResources.COM There are many applications and uses of business analytics. Quantitative and analytical models and to...	DSS Foundations	Nov 24, 2018
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
What is a Planning Support System? by Dan Power Editor, DSSResources.com Reading the trade press, academic articles and web sites forces those of us interested in computerized supp...	DSS Foundations	Aug 06, 2005

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