Thursday, September 17, 2009

DSS model types

Generate a possible outcome and present it in a useful way.

Generational strategies
(ways to create a modeled outcome)
  • Algorithmic: Algorithmic information theory is a subfield of information theory and computer science that concerns itself with the relationship between computation and information.
  • Statistical: A statistical model is a set of mathematical equations which describe the behavior of an object of study in terms of random variables and their associated probability distributions. If the model has only one equation it is called a single-equation model, whereas if it has more than one equation, it is known as a multiple-equation model.
  • Linear programming: Some industries that use linear programming models include transportation, energy, telecommunications, and manufacturing. It has proved useful in modeling diverse types of problems in planning, routing, scheduling, assignment, and design.
  • Simulation
Presentation strategies
(ways to present a modeled outcome)

No comments:

Post a Comment