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Decision support systems and modeling techniques.

This week we are learning about Decision support systems as well as modeling techniques.

Companies across all industries rely on decision support system tools, techniques, and models to help them assess and resolve business questions. Find an application for a decision support system in an area of interest to you. Describe your proposed application and how a DSS system could be used to help. Identify what this DSS system would do, where it would obtain its data, and how it would assist in the decision making process as well as the modeling technique would be utilized. What would be the benefits and drawbacks of such a system?

 

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