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Hello students, here three primary types of decision making system and the role of machine learning here i have taken operational, managerial and strategic.
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So here the first operational decision making system.
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This system are responsible for day to day routine decision within an organization.
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Ml machine learning can enhance operational decision making by automating repetitive tasks such as customer support, chat box, fraud detection and inventory management.
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It can analyze vast amounts of data to optimize.
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Number two managerial decision making system.
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This system aid middle and senior level management in making semi -structured decision machine learning and assist by providing data -driven insight, trend analysis and predictive modeling.
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For example, it can help optimize supply chain management, pricing strategies and making campaign.
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And third one is strategic.
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These support system top level executive in making high level strategic decision machine learning contribute by processing historical data, marketing trends and competitive analysis to provide actionable insights.
01:03
So here now next is machine learning across all three type of a system enables data -driven decision making by extracting valuable information from the large database.
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So it is the task automated complex task.
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The machine learning in a grocery store.
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Now i have to use the machine learning in the grocery store check out.
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So machine learning can transfer the traditional grocery store checkout process in several ways automated checkout.
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So automated checkout system using the computer vision and machine learning algorithm can identify the price item without the need for the cashier.
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So without any need for the cashier, we can find the price item...