Decision Support Systems for Business: Benefits and Implementation

Decision Support Systems 1
Decision Support Systems
By
Nistha Dangol
CIS5100 Database Management System (DBMS) & Decision Support System (DSS)
Professor’s Name
University Name
Date

Decision Support Systems 2
The process of Decision making has been thought to be a mere process that would take
time for the management of any business or company in the world. The ideas have been all
thought since years that people have to be in meeting to make decisions. This essay discusses the
what decision support systems are and what benefits it has to the business.
Decision Support System is a computer based information system that supports business
or organizational Decision making activities. DSSs serve the management, operations, and
planning levels of an organization and help to make decisions, which may be rapidly changing
and not easily specified in advance. DSSs include knowledge-based systems. A properly
designed DSS is an interactive software-based system intended to help decision makers compile
useful information from a combination of raw data, documents, personal knowledge, or business
models to identify and solve problems and make decisions. Typical information that a decision
support application might gather and present are inventories of information assets including
legacy and relational data sources, cubes, data warehouses, data marts, comparative production
figures between one period and the next or the projected revenue figures based on production
and demand assumptions. (Jain and Raju, 2016)
A Decision Support System is the most appropriate tool for this project as it has benefits
to the Holst company. The tool is powerful and has analyzed a complex sales data using excel
sophisticated features. The massive analysis and information that has been compile and reported
can be used to solve the real business problems of the company.
The benefits the tool has is that It helps Decision making. The management of the
business will be able to make decisions which are more informed and the process be made faster.
By this, much attentions that were put on implementing other projects would be shifted and the
information analyzed by the tool be used to inform their directives and decisions thereafter
accomplishing the company’s mission and goals. (Chen, 2017)
The general results of the Decision Support System Result worksheet and Scenario
Summary, the appropriate markup type to apply or rather implement is the supplier type. This
specific type of markup has benefit because of discount. Suppliers affect the cost fee for the
shipping of the products. When the business makes volumes of orders, the suppliers would be
able to offer discounts and the items would be supplied at a reduced price. This will therefore