Analytical Models and Automated Rule SystemsOverview
Modeling can be a very difficult topic and is as much an art as a science. When making decisions or solving business problems it can be helpful to construct a diagram that can aid a decision maker with a model of a situation even solving it. In this assignment you will construct diagrams of time-proven models and methodologies related to optimization, search methods, heuristic programming, and simulation.
In many cases, results of predictive models or even optimization models get simplified as rules that are then implemented in other applications. You will also analyze how your models can be supported by applications of automated rule systems and expert system technologies.
In a 5â€“6 page paper (including graphics), create either an influence diagram or a flow-diagram for the following:
In your paper you should create and explain a business situation for each model, develop a graphic, and discuss the relevant aspects of the model. You should conclude your paper with a discussion on how automated rule systems and expert system technologies can be used in your models.
As you complete your assignment, be sure your paper meets the following guidelines:
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