Quantitative analysis with IQAM for business decision support

Author

Lai, Binbin

Author_Institution

Coll. of Eng., San Jose State Univ., CA, USA

fYear

2004

fDate

8-10 Nov. 2004

Firstpage

594

Lastpage

599

Abstract

In this paper we introduce the original IQAM system (intelligent quantitative analyzer for business management) that we have designed. It can help the managers make the right decisions by examining various business and financial factors involved through a unique process, which is based on the fuzzy reasoning and probabilistic inference. It´s one of the first system tools that can be used to analyze the impacts of a business decision. Moreover, it can analyze the business needs of the company and evaluate the risks involved as well. The IQAM can be used independently or integrated with some other systems such as the company-wide management information system (MIS), the executive information system (EIS), and the enterprise resource planning system (ERP).

Keywords

decision making; decision support systems; enterprise resource planning; inference mechanisms; ERP; IQAM system; MIS; business decision support; business management; company-wide management information system; enterprise resource planning system; executive information system; financial factors; fuzzy reasoning; intelligent quantitative analyzer; probabilistic inference; quantitative analysis; Companies; Costs; Decision making; Enterprise resource planning; Fuzzy reasoning; Independent component analysis; Management information systems; Marketing and sales; Power generation economics; Risk analysis;

fLanguage

English

Publisher

ieee

Conference_Titel

Information Reuse and Integration, 2004. IRI 2004. Proceedings of the 2004 IEEE International Conference on

Print_ISBN

0-7803-8819-4

Type

conf

DOI

10.1109/IRI.2004.1431526

Filename

1431526