Tag: decision

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Focusing on the analytics, decision support systems (DSS), and business intelligence (BI) frameworks and how BI and DDS support key issues of managerial decision making, assess aspects of decision making that are important to understand in order to develop effective computer support for decisions maker

 analytics and the Support of Decision MakingOverview

Focusing on the analytics, decision support systems (DSS), and business intelligence (BI) frameworks and how BI and DDS support key issues of managerial decision making, assess aspects of decision making that are important to understand in order to develop effective computer support for decisions makers.

Instructions

Write a 3–5 page paper that summarizes your conclusions. Address the following questions in your paper:

  • What are the various aspects of decision making that are important to understand when developing effective decision support systems?
  • What are some examples of application areas for analytics that support decision-makers?
  • What are the challenges and considerations, both technological and organizational, that need to be addressed when adopting business intelligence initiatives?
  • How does the introduction of analytics and business intelligence initiatives affect users, and how does it influence decision making at different levels of an organization?

In your paper be sure to address the major frameworks of computerized decision support in analytics, decision support systems (DSS), and business intelligence and how those frameworks support key issues of managerial decision making with the use and applications of business analytics.

As you complete your assignment, be sure your paper meets the following guidelines:

  • Written communication: Written communication is free of errors that detract from the overall message.
  • Scholarship: Use at least 5 professionally reputable sources to support your main points and analysis. Be sure to include scholarly sources. Course readings may be included among the 5 required sources.
  • APA formatting: All resources and citations should be formatted according to current APA style and formatting guidelines.
  • Length: 4–5 typed, double-spaced pages.
  • Font and font size: Times New Roman, 12 point.

Resources

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Business Intelligence and Analytics: Systems for Decision Support text

Use your textbook and the Capella library to complete the following:

  • In your Business Intelligence and Analytics: Systems for Decision Support text, read the following sections in Chapter 1, “An Overview of Business Intelligence, Analytics, and Decision Support.” These readings provide the key definitions for decision support systems (DSS) and business intelligence (BI) to prepare you for analyzing the connections between DSS and BI.
    • “The Concept of Decision Support Systems (DSS),” pages 13–14.
    • “A Framework for Business Intelligence (BI),” pages 14–19.
  • Read Hocevar and Jaklic’s 2010 article, “Assessing Benefits of Business Intelligence Systems – A Case Study,” in Management: Journal of Contemporary Management Issues, volume 15, issue 1, pages 87–119.
    • You will use this reading for this week’s assignment.


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Foundations and Technologies for Decision Making

Readings

Use your textbook and the Capella library to complete the following:

  • In your Business Intelligence and Analytics: Systems for Decision Support text, read the following sections in Chapter 2, “Foundations and Technologies for Decision Making.” These readings provide an overview of how decisions are supported and the capabilities of DSS. The components of DSS are discussed along with DSS classifications.
    • “How Decisions Are Supported,” pages 56–59.
    • “Decision Support Systems: Capabilities,” pages 59–61.
    • “DSS Classifications,” pages 61–64.
    • “Components of Decision Support Systems,” pages 64–73.
  • Read Obeidat, North, Richardson, Rattanak, and North’s 2015 article, “Business Intelligence Technology, Applications, and Trends,” in International Management Review, volume 11, issue 2, pages 47–56.
    • This reading can be used to support this week’s written assignment. The article discusses business intelligence technology, applications, and trends, with a focus on practical applications and features of business intelligence.


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Ethical decision-making framework of the Moral-Based Reasoning Model

 Using the ethical decision-making framework of the Moral-Based Reasoning Model for the case study provided. How does each component of the framework was put into action to resolve the dilemma in the case study. What is the resolution in the case study?

The components of the Moral-Based Reasoning Model is consist of:

1. Recognize the moral issue and determine that action is needed.

2. Determine the level of involvement.

3. What is the effect of the decision on others?

4. Act (what is the resolution)

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Effective clinical decision-making is fundamental to competent nursing practice and the provision of safe, high quality care.

ASSESSMENT 1 – STRUCTURED ESSAY
Word Count: 1200 words. Weighting 30%
Rationale:
Effective clinical decision-making is fundamental to competent nursing practice and the provision of safe, high quality care. It is essential that nurses are competent in patient assessment, and the appropriate use of health information technologies, to ensure accuracy of assessments, recognise patient deterioration, and to make appropriate clinical decisions to ensure patient safety and prevent adverse events (Dalton, Harrison, Malin & Leavey, 2018; Razieh, Somayeh & Fariba 2018).
Aim:
The aim of this assessment task is for students to demonstrate understanding of factors that influence clinical decision-making in a nursing context, and the potential impact of health technologies on the quality of patient health assessment and thus quality of clinical decisions.
TASK DESCRIPTION:
For this task you need to write a 1200-word structured essay. There are TWO parts to this essay detailed below:
PART A:
(400 words) Multiple factors influence clinical decision-making for nurses.
For this part:
• Describe one key factor that influences clinical decision making in the context of your work environment, and discuss how this influences nursing clinical-decision making.
PART B:
(800 words) In healthcare, a range of Health Information Technologies are used to support patient safety and quality of care.
For this part:
• Identify and discuss at least one technology (technological devices / equipment / processes) commonly used by nurses in relation to patient assessment and care.
• Discuss the potential impact (positive / negative) in relation to quality of clinical patient assessment and nursing clinical decisions.

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Rule-Based Classifiers vs. Decision Tree Models

Topic:  Rule-Based Classifiers vs. Decision Tree Models

Overview:  The purpose of this assignment is to determine which method is more appropriate in certain scenarios for building classification models relative to data mining practices.

Classification is a pervasive data mining problem which has many applications, such as medical analysis, fraud detection, and network security. Various types of classification approaches have been proposed to address research problems. Classification is generally divided into two steps. First, construct a classification model based on the training dataset. Second, use the model to predict new instances for which the class labels are unknown. Hence, classification divides data samples into target classes. The classification technique predicts the target class for each data point. For example in the medical industry, patients can be classified as “high risk” or “low risk” patient based on their disease pattern using data classification approach. It is a supervised learning approach having known class categories.

  • Compare and contrast Rule-Based Classifiers vs. Decision Tree Models. For example, a training dataset is not required with rule-based classifiers, but this method is difficult to work with due to all the rules that must be listed.
  • In what situations is it better to use Rule-Based Classifiers rather than a Decision Tree model? Are they mutually exclusive techniques?
  • Please provide a real-world example to support your inferences.

Please ensure you refer to the rubric for specific details on the requirements for this assignment!

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Decision-making with Technology

Topic: Decision-making with Technology

Overview:

In all business areas making decisions is a natural and integral part of any company’s management process. Technology is taking on an increasingly major role in decision-making today. The sheer amount of data that managers must operate with on a daily basis is absolutely staggering compared to what they had to work with just a few decades ago. In today’s world, BI-centered tools are a critical component of any successful company’s strategy. They allow managers to streamline the effort needed to search for, combine and query data to obtain the information required for good decisions.

Describe two key system-oriented / technology trends that have brought IS-supported decision making to the forefront of the decision analysis field in recent years.

List and describe two capabilities of computing that can facilitate good managerial decision-making. How can information systems and tools help overcome the cognitive limits of humans?

Guidelines for Submission: Using APA 6th edition style standards, submit a Word document that is 2-3 pages in length (excluding title page, references, and appendices) and include at least two credible scholarly references to support your findings.

Include the following critical elements in your essay:

I. System / Technology Trends: Describe two key technology trends that have brought IS-supported decision making to the forefront of the decision analysis field in recent years. What features of these tools or technologies have help change the industry of DSS?

AI. Capabilities: List and briefly describe two capabilities of computing that can facilitate good managerial decision-making in a modern organization. How do these capabilities help organizations gain an advantage in the business sector?

III. Cognitive ability: Explain how technology and information systems can help organizations overcome limitations in human thinking.

Required elements:

Please ensure your paper complies APA 6th edition style guidelines. There is an essay template located under the Course Resources link.

APA basics:

· Your essay should be typed, double-spaced on standard-sized paper (8.5″ x 11″)

· Use 1″ margins on all sides, first line of all paragraphs is indented ½” from the margin

· Use 12 pt. Times New Roman font

Follow the outline provided above and use section headers to improve the readability of your paper. If I cannot read and understand it, you will not earn credit for the content.

Critical Elements

System / Technology Trends

Capabilities

Cognitive ability

Articulation of Response

Proficient (100%) Describe two key system-oriented / technology trends that have enable IS-supported decision

Describes describe two capabilities of computing that can facilitate good managerial decision-making

Substantive explanation of how information systems and tools help overcome the cognitive limits of humans

Submission has no major errors related to citations, grammar, spelling, syntax, or organization.

Needs Improvement (70%) Describes one key system-oriented / technology trends that have enable IS-supported decision

Describes one capabilities of computing that can facilitate good managerial decision-making

Briefly explains information systems and tools help overcome the cognitive limits of humans

Submission has major errors related to citations, grammar, spelling, syntax, or organization that negatively impact readability and articulation of main ideas.

Not Evident (0%)Value
Does not describe two key
system-oriented / technology30
trends that have enable IS-
supported decision
Does not describe two
capabilities of computing that30
can facilitate good managerial
decision-making
Does not explain how
information systems and tools30
help overcome the cognitive
limits of humans
Submission has critical errors
related to citations, grammar,10
spelling, syntax, or
organization that prevent
understanding of ideas.
EARNED TOTAL100%
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A decision by Microsoft to purchase Nokia cell costs Microsoft $7.6 billion dollars.

200 words for each assignment. 

Assignment 1

A decision by Microsoft to purchase Nokia cell costs Microsoft $7.6 billion dollars.

Do you think Microsoft’s decisions to purchase firms make sound economic sense? Why or why not? Please explain your answer by incorporating materials from Chapters 5, 6, and 7.

Assignment 2

A host of best-selling books advance the thesis that increases in conglomerate mergers and concentration of U.S. industry are responsible for “obscene profits.”

Do you agree or disagree? Defend your choice. Explain, using the Lerner Index.