Sunday, 23 September 2012

Decision Making ;)

Assalamualaikum and hoyeeehhh! 

Value info?? What it is?? For me the value info is its ability to lower company’s handicap. The decision making includes three systems which are Transaction Processing, Decision Support, and Executives Information.

Transaction processing system is the basic biz system that serves the operational level in an organization. From the lower in the organizational levels is analysis, followed by manager and then the highest is executives.
Decision support system use three quantitative models that are sensitivity analysis, what if analysis and goal seeking analysis.

Ø  SENSITIVITY ANALYSIS :: is the study of the impact that changes in one or more parts of the model have an other parts of the models.
Ø  WHAT IF ANALYSIS :: it checks the impact that can change in a assumption proposed solution.

Ø  GOAL SEEKING ANALYSIS :: it finds the inputs necessary to achieve a goal such as a desired levels of output.

Executive information system is specialized DSS that supports senior-level executives within the organization. Consolidation, drill down, and slice dice are a few of the capabilities offered in most EIS. A common feature of an EIS is a digital dashboard which is it integrate info from multiple components and tailor the info to the individual preferences.

The artificial Intelligence simulates human intell such as the ability to reason and learn. It has many thing under it that are experts system, neural networks, genetic algorithms, intelligent agents. All of this are very important to know and im happy that I can understand this topic better. :)

TQ and assalamualaikum :)

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