Expert systems do what they imply; they attempt to mimic experts. Expert systems are decision making software that can make decisions similar to an expert in a field. The expert in the field transfers their expertise to the computer so that it can make specialized and informed decisions. This especially works when the problems are specific or in a specific area.
For the transfer to be successful, four activities must occur:
-acquisition
-representation
-inferencing
-transfer
Expert systems have increased quality, increased output and productivity, reliability, decreased decision making time, and decreased downtime. These are just a few of the benefits that a company can have from expert systems.
Below is the website of a company that is making headway in the expert system field. It is their website and it outlines the benefits of you or your company. One of the benefits is that it helps streamline businesses and create better communication with customers. This could be very beneficial to a buisness and help them to better achieve their goals.
http://www.expertsystem.net/
After navigating the website, I would highly recommend this product because of the ease of use and the added benefits to a company.
Monday, November 17, 2008
Decision Making Process
Effective decision making is vital to the success of an organization. The proper execution of the decision making process can make the difference between a good company and an excellent company. There are three phases that the decision maker must go through; intelligence, design, and choice.
Intelligence occurs when a problem is identified and classified. The search and scanning of procedures also occurs, as well as data collection. This stage is essentially examination of the problem and the options.
The design phase occurs when the criteria is set for the choice, you search for alternatives, and you predict and measure outcomes.
The choice phase consists of a solution. Sensitivity analysis is performed and the selection of the best alternatives is made. The plan for implementation is then made.
The process can be a success or failure, depending on the criteria and the desired outcome of the decision.
Decision making is important for businesses and people. Individuals and businesses make decisions every day although this process isn't always as in depth. This process is important especially for businesses when they have a decision that has a great deal of time or capital involved.
Below is an article on decision making. The article shows the importance for fundamental and sound decision making.
http://www.marketwatch.com/news/story/Putnam-revamps-stock-funds-business/story.aspx?guid=%7B5F26C079-B0A1-4D33-9DDF-A142362064A5%7D
Intelligence occurs when a problem is identified and classified. The search and scanning of procedures also occurs, as well as data collection. This stage is essentially examination of the problem and the options.
The design phase occurs when the criteria is set for the choice, you search for alternatives, and you predict and measure outcomes.
The choice phase consists of a solution. Sensitivity analysis is performed and the selection of the best alternatives is made. The plan for implementation is then made.
The process can be a success or failure, depending on the criteria and the desired outcome of the decision.
Decision making is important for businesses and people. Individuals and businesses make decisions every day although this process isn't always as in depth. This process is important especially for businesses when they have a decision that has a great deal of time or capital involved.
Below is an article on decision making. The article shows the importance for fundamental and sound decision making.
http://www.marketwatch.com/news/story/Putnam-revamps-stock-funds-business/story.aspx?guid=%7B5F26C079-B0A1-4D33-9DDF-A142362064A5%7D
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