What levels of organization exists within a company?
What is the logical approach to decision making process?
Decision making as a sequential process driven by diagnosis
What are the phases of the Logical Apporach?
Explain the Intelligence phase
In the intelligence phase the decision maker examines the organization’s environment for conditions that need decisions
Data is collected from a variety of sources and processed
Explain the Design Phase
The Design phase defines the criteria for the decision
Generates alternatives for meeting the criteria
Defines association between the criteria and the alternatives
Explain the Choice Phase
Involves selecting the best and most effective course of action from the alternatives
Analyzes each alternative and its relationship to the criteria to determine whether it is feasible
A Decision Support System can support this phase through helping sort through possible solultions
Explain the Implementation Phase
Organization plans for carrying out the alternative selected in the choice phase and obtain the resources to implement that plan
DSS does a follow-up assessment on how well a solution is performing
What is the pragmatic Approach to decision making process?
Decision making as an interwoven problem. Emphasizes the interconnected ness of identifying problems, finding solutions and taking action.
Recognizes that effective decision-making involves a dynamic process where these elemetns are intertwined and influence each other.
What are the stages of the pragmatic approach?
What is a Decision Support System?
An Interactive information system designed to ASSIST decision makers in an organization
What are the components of DSS?
What are the requirements of DSS?
What are some types of DSS
What are some DSS Capablities?
What-if analysis
Goal-seeking
Sensitivity analysis
Forecasting etc.
What is an Expert System?
A computer system that emulates, or acts in all respects with the decision-making capabilities of a human expert
What are the main components of ES?
What are examples of early Expert Systems?
MYCIN - Medical diagnosis of illness
DENDRAL
PROSPECTOR
What are some limitations of Expert Systems
Cannot generalize through analogy to reason about new situations in the way people can
Time-consuming and labor-intensive task of building an expert system
How are Expert Systems applied in real-world Scenarios?
How can knowledge be represented in Expert Systems?
In Rule-based Production Systems knowledge is represented as multiple rules
- production rules can be expressed IF-THEN format
The inference engine then determines which rule antecedents are satisfied by the facts
What is Inferencing?
Inferencing is drawing logical conclusions and making deductions based on available information and knowledge
What are the 2 general methods of inferencing?