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1 - Necessary Foundations for Decision Support

Published online by Cambridge University Press:  05 August 2013

Elliot Bendoly
Affiliation:
Emory University, Atlanta
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Summary

People make decisions every several minutes. Some of these decisions may appear trivial, such as what shirt to wear or what to have for lunch. Some decisions may appear routine: Should I provide my PIN number? Should I respond to a question from a colleague? Others are more complex: Should I recommend that my client invest in a particular firm? Should I offer to take on additional work? Should I purchase a new technology? Should I recommend a settlement in a lawsuit? These aren't simple questions and they don't have obvious answers and outcomes. Sometimes, we need help with decisions. The sources of help can vary, but increasingly these sources tend to have two things in common: analytical strength and ease of use. These sources of assistance often take the form of prepackaged off-the-shelf software tools. However, they can also be uniquely customized, and more and more frequently, this customization is being developed by individual users.

We can describe these tools by listing their potential benefits. Some of them appear in Figure 1.1. For many developers and analysts, only a few of those attributes are listed important. For others, the full complement of potential benefits must be considered. Toward this goal, visualization is very important. Indeed, one could argue that the application of visualization in data analysis is critical to the development of Decision Support Systems (DSS).

Type
Chapter
Information
Excel Basics to Blackbelt
An Accelerated Guide to Decision Support Designs
, pp. 3 - 6
Publisher: Cambridge University Press
Print publication year: 2013

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