What is a decision support system (DSS)? 🔊
A decision support system (DSS) is an interactive software application designed to assist in decision-making processes. These systems analyze large volumes of data and provide actionable insights, helping users make informed choices based on data-driven evidence. A DSS typically includes components such as data management, model management, and user interface, enabling users to simulate different scenarios and outcomes. Businesses often use DSS solutions for strategic planning, operational management, and risk assessment. Ultimately, a well-designed DSS enhances productivity and effectiveness in organizational decision-making.
Equestions.com Team – Verified by subject-matter experts