scholarly journals Scoring models: Towards the more realistic approach

2009 ◽  
Vol 6 (1) ◽  
pp. 45-69 ◽  
Author(s):  
Gordana Radojevic ◽  
Milija Suknovic

Financial decision-making is one of the most current issues of modern financial management. Financial decision-making is an area where decision support systems, knowledge-based decision support systems, and intelligent decision support systems are successfully applied. In consequence of the importance and complexity of this problem area a large number of methods of support to financial decisionmaking was developed. This paper presents the most important features of two decision support systems, a classical system and a system based on fuzzy logic. The performances of these two models are compared and the advantages achieved through the introduction of fuzzy concepts into the classical decision support systems are determined.

2011 ◽  
pp. 857-866 ◽  
Author(s):  
Gloria E Phillips-Wren

Internet-based, distributed systems have become essential in modern organizations. When combined with artificial intelligence (AI) techniques such as intelligent agents, such systems can become powerful aids to decision makers. These newer intelligent systems have extended the scope of traditional decision support systems (DSSs) to assist users with real-time decision making, multiple information flows, dynamic data, information overload, time-pressured decisions, inaccurate data, difficult-to-access data, distributed decision making, and highly uncertain decision environments. As a class, they are called intelligent decision support systems (IDSSs).


2011 ◽  
pp. 1087-1095
Author(s):  
James Yao ◽  
John Wang

In the late 1960s, a new type of information system came about: model-oriented DSS or management decision systems. By the late 1970s, a number of researchers and companies had developed interactive information systems that used data and models to help managers analyze semistructured problems. These diverse systems were all called decision support systems (DSS). From those early days, it was recognized that DSS could be designed to support decision-makers at any level in an organization. DSS could support operations, financial management, and strategic decision making. Group decision support systems (GDSS) which aim at increasing some of the benefits of collaboration and reducing the inherent losses are interactive information technology-based environments that support concerted and coordinated group efforts toward completion of joint tasks (Dennis, George, Jessup, Nunamaker, & Vogel, 1998). The term group support systems (GSS) was coined at the start of the 1990s to replace the term GDSS. The reason for this is that the role of collaborative computing was expanded to more than just supporting decision making (Patrick & Garrick, 2006). For the avoidance of any ambiguities, the latter term shall be used in the discussion throughout this article. Human resources (HR) are rarely expected like other business functional areas to use synthesized data because HR groups have been primarily connected with transactional processing of getting data into the system and on record for reporting and historical purposes (Dudley, 2007). For them soft data do not win at the table; hard data do. Recently, many quantitative or qualitative techniques have been developed to support human resource management (HRM) activities, classified as management sciences/operations research, multiattribute utility theory, multicriteria decision making, ad hoc approaches, and human resource information systems (HRIS) (Byun, 2003). More importantly, HRIS can include the three systems of expert systems (ES), decision support systems (DSS), and executive information systems (EIS) in addition to transaction processing systems (TPS) and management information systems (MIS) which are conventionally accepted as an HRIS. As decision support systems, GSS are able to facilitate HR groups to gauge users’ opinions, readiness, satisfaction, and so forth, increase their HRM activity quality, and generate better group collaborations and decision makings with current or planned HRIS services. Consequently, GSS can help HR professionals exploit and make intelligent use of soft data and act tough in their decision-making process.


Author(s):  
Gloria E. Phillips-Wren

Internet-based, distributed systems have become essential in modern organizations. When combined with artificial intelligence (AI) techniques such as intelligent agents, such systems can become powerful aids to decision makers. These newer intelligent systems have extended the scope of traditional decision support systems (DSSs) to assist users with real-time decision making, multiple information flows, dynamic data, information overload, time-pressured decisions, inaccurate data, difficult-to-access data, distributed decision making, and highly uncertain decision environments. As a class, they are called intelligent decision support systems (IDSSs).


Author(s):  
Башлыков ◽  
Aleksandr Bashlykov ◽  
Еремеев ◽  
Aleksandr Eremeev

The textbook is devoted to actual problems of using the achievements of modern information technologies, including methods of artificial intelligence, in decision-making in emergency situations at environmentally hazardous facilities, typical examples of which are nuclear power plants. The considered problem area of decision-making in emergency situations is a good example for showing the relevance of importance and complexity of the problem to the applied software and mathematical tools such as intelligent (expert) decision support systems for real-time. The book can be recommended as a textbook for students studying in the areas "Nuclear stations: design, operation and engineering", "Applied mathematics and informatics," Computer science and computer technology", "Automation of technological processes and productions ", as well as for students of other directions, post-graduate students, scientific and engineering staff engaged in the design of modern highly efficient decision support systems for managing complex technical (technological) objects and systems.


2020 ◽  
Vol 18 (3) ◽  
pp. 5-18
Author(s):  
Vladimir R. Kuzmin ◽  
Yury A. Zagorulko

Recently, the concept of intelligent energy systems becomes more popular in Russia. In order to implement such systems, it is required both development and usage of modern information technologies to manage technological infrastructure, and upgrade of this infrastructure. In turn, infrastructure upgrade requires a strategic decision-making for energy sector development. To provide a high quality of such decisions, intellectualization of the process of making them is required. This article deals with usage of agent-service approach for development of intelligent decision support systems (IDSS). Concepts of agent and multiagent system are being considered. Detailed description of agentservice approach and architecture of a typical IDSS, used in this approach, is provided. Also, article considers usage of agent-service approach for development of IDSS “Situation polygon” (for strategic decision-making support in energy sector) and web-oriented information-analytical system WIS (for impact assessment of the energy sector on geoecology). In the future, we plan to add additional functionality in these systems, in particular, to provide in the “Situation polygon” an automatic setting of the values of connections in cognitive maps based on the values of connections in the ontology, and to add in WIS the possibility of calculating the trajectory of the transfer of harmful substances.


2011 ◽  
pp. 1543-1550 ◽  
Author(s):  
John Wang ◽  
James Yao

Group decision support systems (GDSSs) which aim at increasing some of the benefits of collaboration and reducing the inherent losses are interactive information technology-based environments that support concerted and coordinated group efforts toward completion of joint tasks (Dennis, George, Jessup, Nunamaker, & Vogel, 1998). The term group support systems (GSSs) was coined at the start of the 1990’s to replace the term GDSS. The reason for this is that the role of collaborative computing was expanded to more than just supporting decision making (Patrick & Garrick, 2006). For the avoidance of any ambiguities, the latter term shall be used in the discussion throughout this paper. If we trace back, GDSSs are specialized model-oriented decision support systems (DSSs) or management decision systems that were born in the late 1960s. By the late 1970s, a number of researchers and companies had developed interactive information systems that used data and models to help managers analyze semi-structured problems. From those early days, it was recognized that DSSs could be designed to support decision makers at any level in an organization. DSSs could support operations, financial management, and strategic decision making.


Author(s):  
James Yao ◽  
John Wang

In the late 1960s, a new type of information system came about: model-oriented DSS or management decision systems. By the late 1970s, a number of researchers and companies had developed interactive information systems that used data and models to help managers analyze semistructured problems. These diverse systems were all called decision support systems (DSS). From those early days, it was recognized that DSS could be designed to support decision-makers at any level in an organization. DSS could support operations, financial management, and strategic decision making. Group decision support systems (GDSS) which aim at increasing some of the benefits of collaboration and reducing the inherent losses are interactive information technology-based environments that support concerted and coordinated group efforts toward completion of joint tasks (Dennis, George, Jessup, Nunamaker, & Vogel, 1998). The term group support systems (GSS) was coined at the start of the 1990s to replace the term GDSS. The reason for this is that the role of collaborative computing was expanded to more than just supporting decision making (Patrick & Garrick, 2006). For the avoidance of any ambiguities, the latter term shall be used in the discussion throughout this article. Human resources (HR) are rarely expected like other business functional areas to use synthesized data because HR groups have been primarily connected with transactional processing of getting data into the system and on record for reporting and historical purposes (Dudley, 2007). For them soft data do not win at the table; hard data do. Recently, many quantitative or qualitative techniques have been developed to support human resource management (HRM) activities, classified as management sciences/operations research, multiattribute utility theory, multicriteria decision making, ad hoc approaches, and human resource information systems (HRIS) (Byun, 2003). More importantly, HRIS can include the three systems of expert systems (ES), decision support systems (DSS), and executive information systems (EIS) in addition to transaction processing systems (TPS) and management information systems (MIS) which are conventionally accepted as an HRIS. As decision support systems, GSS are able to facilitate HR groups to gauge users’ opinions, readiness, satisfaction, and so forth, increase their HRM activity quality, and generate better group collaborations and decision makings with current or planned HRIS services. Consequently, GSS can help HR professionals exploit and make intelligent use of soft data and act tough in their decision-making process.


2009 ◽  
pp. 537-545
Author(s):  
James Yao ◽  
John Wang

In the late 1960s, a new type of information system came about: model-oriented DSS or management decision systems. By the late 1970s, a number of researchers and companies had developed interactive information systems that used data and models to help managers analyze semistructured problems. These diverse systems were all called decision support systems (DSS). From those early days, it was recognized that DSS could be designed to support decision-makers at any level in an organization. DSS could support operations, financial management, and strategic decision making. Group decision support systems (GDSS) which aim at increasing some of the benefits of collaboration and reducing the inherent losses are interactive information technology-based environments that support concerted and coordinated group efforts toward completion of joint tasks (Dennis, George, Jessup, Nunamaker, & Vogel, 1998). The term group support systems (GSS) was coined at the start of the 1990s to replace the term GDSS. The reason for this is that the role of collaborative computing was expanded to more than just supporting decision making (Patrick & Garrick, 2006). For the avoidance of any ambiguities, the latter term shall be used in the discussion throughout this article. Human resources (HR) are rarely expected like other business functional areas to use synthesized data because HR groups have been primarily connected with transactional processing of getting data into the system and on record for reporting and historical purposes (Dudley, 2007). For them soft data do not win at the table; hard data do. Recently, many quantitative or qualitative techniques have been developed to support human resource management (HRM) activities, classified as management sciences/operations research, multiattribute utility theory, multicriteria decision making, ad hoc approaches, and human resource information systems (HRIS) (Byun, 2003). More importantly, HRIS can include the three systems of expert systems (ES), decision support systems (DSS), and executive information systems (EIS) in addition to transaction processing systems (TPS) and management information systems (MIS) which are conventionally accepted as an HRIS. As decision support systems, GSS are able to facilitate HR groups to gauge users’ opinions, readiness, satisfaction, and so forth, increase their HRM activity quality, and generate better group collaborations and decision makings with current or planned HRIS services. Consequently, GSS can help HR professionals exploit and make intelligent use of soft data and act tough in their decision-making process.


Author(s):  
Soraya Rahma Hayati ◽  
Mesran Mesran ◽  
Taronisokhi Zebua ◽  
Heri Nurdiyanto ◽  
Khasanah Khasanah

The reception of journalists at the Waspada Daily Medan always went through several rigorous selections before being determined to be accepted as journalists at the Waspada Medan Daily. There are several criteria that must be possessed by each participant as a condition for becoming a journalist in the Daily Alert Medan. To get the best participants, the Waspada Medan Daily needed a decision support system. Decision Support Systems (SPK) are part of computer-based information systems (including knowledge-based systems (knowledge management)) that are used to support decision making within an organization or company. Decision support systems provide a semitructured decision, where no one knows exactly how the decision should be made. In this study the authors applied the VlseKriterijumska Optimizacija I Kompromisno Resenje (VIKOR) as the method to be applied in the decision support system application. The VIKOR method is part of the Multi-Attibut Decision Making (MADM) Concept, which requires normalization in its calculations. The expected results in this study can obtain maximum decisions.Keywords: Journalist Acceptance, Decision Support System, VIKOR


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