Lecture Introduction to MIS - Chapter 8: Models and decision support
Lecture Introduction to MIS - Chapter 8: Models and decision support
After reading this chapter, you should be able to answer the following questions: Why is it hard for people to make good decisions? How do models help managers make better decisions? What are the key elements of decision support systems? How is data mining different from traditional statistical analysis? What is the purpose of OLAP? What is a digital dashboard? What are the advantages of an EIS? How can a GIS help managers make better decisions?