Dynamic construction of statistical models in managerial DSS

Dynamic construction of statistical models in managerial DSS

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Article ID: iaor1988174
Country: Switzerland
Volume: 12
Start Page Number: 321
End Page Number: 336
Publication Date: Dec 1988
Journal: Annals of Operations Research
Authors: ,
Keywords: statistics: regression, artificial intelligence: decision support
Abstract:

The fields of operations research (OR) and artificial intelligence (AI) provide complementary methods that may be combined into managerial decision support systems (DSS). However, the management domain is substantially different from domains in which prior expert systems have been developed. Consequently, successful application of OR/AI techniques in managerial DSS requires careful analysis and additional development. Ongoing research concerning design and implementation of managerial DSS is discussed. A prototype system capable of constructing linear statistical models of direct and indirect relationships from a knowledge base of relationships is described and evaluated.

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