Description This is an individual assignment that needs 3 replies to other similar discussion on yo ...
Description This is an individual assignment that needs 3 replies to other similar discussion on your opinion. As you are aware by now that Decision Analysis and Modeling DAaM) is a very important part of Decision Support Systems. It makes the main component of Model Base Component of DSS. DAaM is also known by other names, (such as Decision Science, Management Science, Operations Research, etc.). Moreover, you must be familiar with the seven steps of DAaM application in problem solving. I did discuss and will again discuss DAaM in the class. Clearly DAaM covers a very vast body of modeling techniques applicable to many business situations. One interesting and complicated aspect of DAaM is how to formulate decision problems. Indeed, problem definition and formulation are the first critical steps of problem solving. It is often known as the first steps of modeling. Typically, DAaM is covered in MGMT 630 (or EM 602 – a pre-required course in our MBA program). Clearly, problem formulation is a major aspect of knowledge acquisition in the Knowledge Management (KM) construct. By the way, KM is one important course in the MBA program. There is a course MGMT 650, which you may want to take as part of your MBA. I am inviting you to read the article entitled “Just Modeling Through: A Rough Guide to Modeling,” and participate in a forum discussion to analyze and discuss the parallels between modeling and knowledge management. A PDF copy of this paper is seen attached at the bottom of this description of this assignment, as well as at the bottom of Module 8 (which covers KM). Please also do some research to find out as much as you can about the Four Quadrants of Knowledge Management. There are many articles you can easily and quickly find on this subject matter on the Internet. I am inviting you to conduct some research to enrich your knowledge about both modeling and KM. As I inferred above, there are many parallels between Modeling and KM process. As you navigate to find your way through both, the following four (4) issues will quickly come to mind and challenge your curiosity. In Modeling as in KM, you must deal with What you know you know (a double positive), What you don’t know you know (negative + positive), What you know you don’t know (a positive + negative), and What you don’t know you don’t know(a double negative). Below are the forum questions that you must first answer before you can answer the opinion expressed by others. Failing to answer these questions will significantly reduce your score on this assignment. Questions: Do you agree about the parallel between Modeling (i.e., particularly the problem formulation phase) and Knowledge acquisition phase of the problem? Please state and explain why or why not. Now assume that there is a parallel. Please write a brief essay to draw a contrast between the difficulties you meet during Modeling (as part of the knowledge acquisition as you try to solve a decision analysis problem. You are specifically asked to draw a parallel on the four quadrants of KM (with the elements seen listed above) Finally, consider the possibilities and prospects of extending modeling and KM with Artificial Intelligence (AI). Clearly, AI can greatly expand the possibilities of DMaM (as well as DSS) well beyond any limits we can imagine today. As I stated several times during our class discussions, AI has the potential for great creativities and goods, and also the great disasters and evils (thus, AI can be great disruptor to do both good and bad things to humans and the environment.). Please discuss how in your views, AI can shape up our future (for both good and bad)? Give detailed examples based on your opinions supported by research findings.
