Definition of Decision Support System (DSS)

branch of the broadly defined Management Information System (MIS)that provides answers to problems and that integrates the decision maker into the system as a component. The system utilizes such quantitative techniques as regression analysis Linear Programming (LP) financial planning modelsDSS software furnishes support to the accountant in the decision-making process. It analyzes a specific situation and can be modified as the practitioner wishes. Models are constructed and decisions analyzed. Planning and forecasting are facilitated.

branch of the broadly defined Management Information System (MIS). It is an information system that provides answers to problems and that integrates the decision maker into the system as a component.