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Decision intelligence is a discipline for analyzing this chain of cause and effect, and decision modeling is a visual language for representing these chains. A related field, decision engineering, also investigates the improvement of decision-making processes but is not always as closely tied to data science.
An intelligent decision support system (IDSS) is a decision support system that makes extensive use of artificial intelligence (AI) techniques. Use of AI techniques in management information systems has a long history – indeed terms such as "Knowledge-based systems" (KBS) and "intelligent systems" have been used since the early 1980s to describe components of management systems, but the term ...
Intelligent Decision System (IDS) is a software package for multiple criteria decision analysis.It can handle hybrid types of uncertainty [vague], including probability uncertainty, missing data, [1] subjective judgements, interval data, [2] and any combination of those types of uncertainty. [3]
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 ...
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 ...
Decision-making software (DM software) ... Intelligent Decision System: Evidential Reasoning Approach, Bayesian Inference, Dempster–Shafer theory, ...
DSSs which try to realize some human-cognitive decision-making functions are called Intelligent Decision Support Systems (IDSS). [12] On the other hand, an active and intelligent DSS is an important tool for the design of complex engineering systems and the management of large technological and business projects. [13]
The concept of decision yield, for instance, focuses on all five key attributes of decision-making: more targeted decisions (precision); in the same way, over and over again (consistency); while being able to adapt "on-the-fly" (business agility) while reducing cost and improving speed, is an overall metric for how well an organization is ...