Decision Support

Decision Support refers to the use of data, models, and algorithms to assist decision-making processes. It involves the collection, analysis, and interpretation of data to provide insights and recommendations that can aid in making informed decisions. Decision Support systems can be used in various fields such as healthcare, finance, marketing, and operations management. These systems can range from simple tools that provide basic information to complex systems that use machine learning algorithms to predict outcomes and suggest optimal solutions. Decision Support systems can also be used in conjunction with human decision-makers to provide a more comprehensive and accurate decision-making process.
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News Source: CBS News on 2024-11-20

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