MGCR 331 Lecture Notes - Lecture 8: Decision Support System, Cegep, User Interface

• School: McGill University
• Department: Management Core
• Course: MGCR 331
• Professor: Kartik Ganju

Document Summary

How to do day to day work. How to use resources efficiently: strategic planning. Not do it by the system itself, help managers to do so instead. User interface management: management between dss and manager. Model management: several models for managers to choose to use. Data management: extract data into the models and help managers to do the decision. Version of reality that captures the interrelationships among important variables in the situation: forecasting model. Predict future things by using historical data: statistical model. Cegep students from 2016 vs. 2015: optimization model. Understand if the supply meets the demand. Provigo use it a lot to estimate whether meet the demand: simulation model. Probability-based models to imitate a real phenomenon. What-if analysis: what if i admit 3000 students, what the course could be, examine the impact of changes in one or more input variables on output variables.