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A decision support system (DSS) is an information system that supports business or organizational decision-making activities. DSSs serve the management, operations and planning levels of an organization (usually mid and higher management) and help people make decisions about problems that may be rapidly changing and not easily specified in advance—i.e., unstructured and semi-structured ...
A management information system (MIS) is an information system [1] used for decision-making, and for the coordination, control, analysis, and visualization of information in an organization. The study of the management information systems involves people, processes and technology in an organizational context.
Automated decision-making involves using data as input to be analyzed within a process, model, or algorithm or for learning and generating new models. [7] ADM systems may use and connect a wide range of data types and sources depending on the goals and contexts of the system, for example, sensor data for self-driving cars and robotics, identity data for security systems, demographic and ...
Automated Decision Support, or ADS, systems are rule-based systems that are able to automatically provide solutions to repetitive management problems. [1] ADSs are very closely related to business informatics and business analytics. Automated decision support systems are based on business rules. These business rules can be created or operated ...
An executive information system (EIS), also known as an executive support system (ESS), [1] is a type of management support system that facilitates and supports senior executive information and decision-making needs. It provides easy access to internal and external information relevant to organizational goals. It is commonly considered a ...
Decision management is implemented "via the use of rule-based systems and analytic models for enabling high-volume, automated decision making". [1] Organizations seek to improve the value created through each decision by deploying software solutions (generally developed using BRMS and predictive analytics technology) that better manage the ...
A BRMS or business rule management system is a software system used to define, deploy, execute, monitor and maintain the variety and complexity of decision logic that is used by operational systems within an organization or enterprise.
Thus most DM software is based on decision analysis, usually multi-criteria decision-making, and so is often referred to as "decision analysis" [5] [6] or "multi-criteria decision-making" [4] software – commonly shortened to "decision-making software". Some decision support systems include a DM software component.