The importance of expert systems in the decision making process - Essay Example

Comments (0) Cite this document
Summary
Expert systems can be used by mangers to make official decision process and to clarify the reasoning process employed to make decisions. Expert systems have provided so many facilities in the management decision-making process and the process turned out to be faster and more consistent…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER97.8% of users find it useful
The importance of expert systems in the decision making process
Read TextPreview

Extract of sample "The importance of expert systems in the decision making process"

Download file to see previous pages Expert systems can be used by mangers to make official decision process and to clarify the reasoning process employed to make decisions. Expert systems have provided so many facilities in the management decision-making process and the process turned out to be faster and more consistent. This research paper based on theme of the analysis of the importance of 'Expert system' in the management decision making process.This paper provides the research on the importance of 'Expert System' in the Management Decision Making Process. It provides information in such a way that every aspect of the expert system of the Decision Making can be addressed. First of all this paper will present a brief introduction and background of the expert systems, and then it will present the structure of the expert system, the next section contains how expert system can work for the management of enterprise. The next section is literature review of the relevant research and development in the same field, for this purpose it will discuss the development and results of the COMMU expert system, then the proceeding section discusses expert system in business management/ financial markets discussion, here the main point of discussion would be that how expert system become beneficial for the business management and how it can support decision making process. The next section is regarding expert systems & decision support association. The proceeding section will articulate few inabilities of expert system regarding decision making. Then the next section contains the conclusion and references.
Artificial intelligence or AI is a field of computer science which has concerned a group of computer specialists in current years. AI is the study of how to create computers doing things at which, at the moment, people are better. AI has two major objectives (Kenneth, 1998).
The first purpose is to form an intelligent machine.
The second intend is to find out regarding the environment of intelligence.
AI can be separated into three comparatively independent research areas:
1) Expert systems,
2) Natural language and
3) Robotics
Of the three areas, expert systems development is the mainly important practical application of Artificial Intelligence (AI) (Kenneth, 1998).
One of the most recent and mainly promising information technologies is the expert system or ES. An expert system is a computer program that impersonators the decision making behavior and technique of the human expert and permits computing power to be applied to jobs those necessitate the dealing out of human knowledge (Adrian et al, 1990). Because of its intelligent abilities it has been suggested that expert system technology will have a remarkable effect on the workplace. An expert system is a computer program that goes behind human proficiency whether it is gained directly from experts or from written sources like regulations. The main reimbursements are several as given below: (Terry et al, 2000)
Enhanced decision making
Making eminence and reliability
Minimizing Costs
Extension of organizational awareness
These programs are fairly diverse in their function, which comprise guidance to fresh employees, user friendly front-ends to databases, and still the making of decisions for employees by means of the expert's reasoning. Research in artificial intelligence has led to the intensification and expansion of expert systems (Terry et al, 2000).
Expert system is also an elevated performance exceptional system which is developed by "confining" and coding the skill and knowledge of a specialist using unique computer language that is special for the expert system. The thought is that the consequential computer system be able to then hold out the similar level of service to a user as the original and innovative expert (Joseph et al, 2005).
Developing expert systems engages two basic steps before authentic ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“The importance of expert systems in the decision making process Essay”, n.d.)
The importance of expert systems in the decision making process Essay. Retrieved from https://studentshare.org/business/1500857-the-importance-of-expert-systems-in-the-decision-making-process
(The Importance of Expert Systems in the Decision Making Process Essay)
The Importance of Expert Systems in the Decision Making Process Essay. https://studentshare.org/business/1500857-the-importance-of-expert-systems-in-the-decision-making-process.
“The Importance of Expert Systems in the Decision Making Process Essay”, n.d. https://studentshare.org/business/1500857-the-importance-of-expert-systems-in-the-decision-making-process.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF The importance of expert systems in the decision making process

Decision Making Process

...of the micro and macro environment that defines the given consumers that a firm needs to serve. The most important point to note is the fact that consumer buying choices and decisions making process are things that get influenced by external factors which need to be handled by internal processes that could take place through social interactions. Consumer decision-making process has more to do with the patterns of behaviour that are preceded by consumers, determining and making them follow certain decisions with the sole aim of satisfying their individual or group needs...
9 Pages(2250 words)Essay

Decision-Making Process Paper

...making model taught by the textbook. During my decision making I did not generate an official list of alternative solutions. My solutions were limited to staying or leaving. I did not make a deep analysis of my alternatives. In a way I was impulsive and I made the decision that felt right at the moment. The decision making model depicted in the textbook could have been very valuable for me when I made the decision. I did not identify the problem adequately. Identifying a problem is the critical first step in the problem solving process (Monash, 2012). Based on my emotions I choose to...
3 Pages(750 words)Essay

Ethical Decision Making Process

...ethical theory, in that it fulfills the need to achieve a successful outcome; it avoids all of the rules and regulatory restrictions that may deny someone control of the situation. He seems to, also, show high signs of motivist theory, as well. The motivist ethical theory are not based on any absolute values, they believe the intention of, or the reason that motivated, the act is what is paramount. ("Ethical theoretical systems," 2011) This ethical theory, also, leads to rationalizations of those decisions, which is a trademark of the character House. “Making good ethical decisions require sensitivity to ethical issues and practiced method for exploring the ethical...
4 Pages(1000 words)Assignment

Consumer Decision Making Process

...Introduction Consumer behavior is a theoretical concept that addresses different stages a consumer would pass through before they make a particular purchase decision. To define, consumer behavior is “the study of individuals, groups, or organizations and the processes they use to select, secure, use, and dispose of products and services, experiences or ideas to satisfy needs and the impacts that these processes have on the consumer and society” (Hawkins 1998, p.6). The concept of consumer behavior is important in the field of marketing because it is highly related to consumer decision making and consumer buying...
8 Pages(2000 words)Assignment

Group Decision Making Process

...Group Decision Making Process The success of our group in resulted due to numerous factors that were considered when forming a group and working in it. When the circumstances shaped so that we had to form a group we didn't have time to develop lots of the phenomenon that unfortunately exist in many other groups, like groupthink and deindividuation. We just had a task to be completed in front of us, and it was all we cared for. We won't say that everything went perfectly, but, nevertheless, we got a very valuable experience in working in group and team decision making we would now like to share with you. As there weren't any defined hierarchical structure...
2 Pages(500 words)Essay

Decision-Making Process Paper

...are thus reliant on getting the job done which is indeed a better understanding of how to reach a decision in the first place. The decision-making process is a difficult one and it takes a lot of hard work and toil on the part of the person who ultimately reaches upon a decision. Therefore it would be viable to suggest success for an individual who wishes to give time, adequate analysis regimes and a comparison of the shortcomings within the entire decision-making process in entirety (Castellan, 1993). If the mistakes are taken care of and are removed essentially, then this will mean that the...
2 Pages(500 words)Essay

Ethical Decision Making Process

...Ethical Decision Making Process Hypothetical Jane Jones works for ABC Corporation, a U.S. based corporation and her work involves travelling internationally. In one of the travels, Jane experiences difficulties clearing with the customs. While she has all the documents, the inefficiencies and corruption within the customs means she will wait for another couple of hours and miss a scheduled company meeting. The main problem highlighted in the hypothetical case relates to ethical dilemma and conflict of interests as they relate to decision-making. There are various courses of action that Jane could take. On one hand, she could choose to pay the customs...
1 Pages(250 words)Essay

The Decision Making Process

...process is initiated according to the expectations and preferences of the decision maker for the purpose of eliminating possible uncertainties of the results of a preplanned future action. The process of decision making is not a simple action, because it is the key to the future perfections as the decider of an action has an unbreakable relationship with the implications of the results as well as the quality of the chosen output that comes as the end result. Therefore the course of deciding anything has to go through various stages. Firstly, the problem is identified and defined, then the trial for identifying the possible solutions to it. Next, the...
2 Pages(500 words)Essay

Decision Making Process Paper

...Management Decision-Making Process Decision-making is the act that involves choosing two or more s of action. It is crucial to note that it is not all the time that a person will be in a position to make the correct decisions based on the choices available for choosing. At times, people make decisions without considering the better choice or gathering enough information (Bateman & Snell, 2007). Therefore, a person has to make sure that there is a record of important decisions to make, or identify the right...
1 Pages(250 words)Essay

Consumer Decision Making Process

...Consumer Decision Making Process Consumer Decision Making Process Introduction and Analysis The interview began with a brief introduction of the interviewer and the intention of the interview to the interviewee who bought a 400 QR worth Samsung Galaxy phone. When asked what made him buy the Android phone, he answered that Android phones were trendy and stylish. This is probably because his peers had already had Android phones by then, and when he got an opportunity to buy a phone, it was not going to be an inferior one. When asked about the number of alternatives he had considered, if any, he affirmed indeed he had considered many...
4 Pages(1000 words)Assignment
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Essay on topic The importance of expert systems in the decision making process for FREE!

Contact Us