Business Intelligence

最新推荐文章于 2023-05-08 11:08:00 发布

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最新推荐文章于 2023-05-08 11:08:00 发布

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Business Intelligence

Definitions of BI

Business intelligence (BI) is an umbrella term that combines architectures, tools, databases,
analytical tools, applications, and methodologies.

Phases of the Decision-Making Process

Decision making : the design phase
A model of the decision-making problem is constructed, tested, and validated.

Lack of precise knowledge (uncertainty)
Risk can be measured with probability

Scenarios
A scenario is a statement of assumptions about the operating environment of a particular system at a given time; that is, it is a narrative description of the decision-situation setting.

Components of decision support system

•DSS database
•DBMS
•Data directory
•Query facility

MBMS
model base management system
The model management subsystem of a DSS is composed of the following elements:
• Model base
• MBMS
• Modeling language
• Model directory
• Model execution, integration, and command processor.

What Is a Data Warehouse?
In simple terms, a data warehouse (DW) is a pool of data produced to support decision
making.

A data warehouse
is a subject-oriented, integrated, time-variant, nonvolatile collection of data in support of management’s decision-making process.