9 - Business Intelligence

Engineering etc model building blocks copyright 2009

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Unformatted text preview: l Base - Strategic, tactical, operational - Statistical, financial, marketing, managemet science, accounting, engineering, etc. - Model building blocks Copyright © 2009-10 Y.M. Cheung, William Tan and Carson Woo Model extraction, integration, and command processor − − − − Dialog Management Strategic models Tactical models Operational models Model building blocks and subroutines Source: p.96, Decision Support and Expert Systems by Efraim Turban Decision Support and Expert Systems Efraim Turban BUSI 335 Copyright © 2009-10 Y.M. Cheung, William Tan and Carson Woo 27 BUSI 335 Copyright © 2009-10 Y.M. Cheung, William Tan and Carson Woo 28 Model Model Base: Summary Category Description Strategic Model Support top management's strategic planning responsibilities Tactical Model Operational Model Building Block Block and Subroutines assists middle management in locating and controlling organizational resources Support the daily working activities Application Model Base Management: Model base Management System Model base Management System Time Horizon • A software system that performs the software system that performs the Developing corporate objectives, planning for megers and Years acquisitions, plant location selection, etc. Labor requirement planning, one sales promotion planning, plant month layout determination, and routine less than two years capital budgeting Approving personal loans, production scheduling, inventory control, and QC following functions: − model creation by using building blocks creation by using building blocks − generation of new routines and reports − Model updating and changing updating and changing − data manipulation − connection to other models to other models day - less than a month Serves as built-in functions Random number generator to support the models. th mechanism, curveline fitting routine, present-value computational routine, They act like reusable regression analysis components. _ Source: pp.95-97, Decision Support and Expert Systems by Efrai...
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