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Dynamic construction of statistical models in managerial DSS
Authors:David B Paradice  James F Courtney
Institution:(1) Department of Business Analysis and Research, College of Business Administration, Texas A&M University, 77843-4217 College Station, Texas, USA
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.
Keywords:Decision support systems  managerial expert systems  model construction  model management
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