DECISION MAKING

-Model

A simplified representation or abstraction of reality

-Transaction processing systems

transaction processing system

online transaction processing

online analytical pricessing 

-Decision support systems (DSS)

sensitivity analysis

what-if analysis

goal-seeking analysis

-Executive information system (EIS)

consolidation

drill-down

slice-and-dice

-Artificial intelligence (AI)

expert system

neural network

   *fuzzy logic

genetic algorithm

intelligent agent

-Data mining

(cluster analysis)

technique used to devide an information set into mutually exclusive group

(association detection)

market basket analysis - analyzes such items as web sites and checkout scannner information to detect customers buying behavior

(statistical analysis)

forecast - predictions made on the basis of time-series information

time-series informatiom - time stanped information colected at a particular frequency