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The Role of Support Systems in Intelligent Decision Making

Author

Listed:
  • Podasca Raluca

    (Bucharest University of Economic Studies, Romania Petroleum-Gas University, Ploiesti, Romania)

  • Matei Ramona-Mihaela

    (Bucharest University of Economic Studies, Romania)

Abstract

In the context of a changing business environment, an organization must adopte appropriate and timely decisions based on the information available in order to obtain or enhance competitive advantage. The necessity of optimal decision making by overcoming limitations of data collection, analysis and interpretation of information led to widespread proliferation of decision support systems (DSS) in the practice of organization management. This paper aims to highlight the need and role of support systems used for the “intelligent” decisions making (decision support systems, expert systems or fuzzy rule-based systems) as a solution to an efficient decision-making process.

Suggested Citation

  • Podasca Raluca & Matei Ramona-Mihaela, 2013. "The Role of Support Systems in Intelligent Decision Making," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(1), pages 947-952, May.
  • Handle: RePEc:ovi:oviste:v:xii:y:2012:i:1:p:947-952
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    More about this item

    Keywords

    decision support system; expert system; fuzzy rule-based systems; intelligent decision making;
    All these keywords.

    JEL classification:

    • C60 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - General
    • D70 - Microeconomics - - Analysis of Collective Decision-Making - - - General
    • D80 - Microeconomics - - Information, Knowledge, and Uncertainty - - - General
    • M15 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - IT Management

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