Artificial intelligence for decision support systems in the field of operations research: review and future scope of research

Shivam Gupta (), Sachin Modgil (), Samadrita Bhattacharyya () and Indranil Bose ()
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Shivam Gupta: NEOMA Business School
Sachin Modgil: International Management Institute
Samadrita Bhattacharyya: Indian Institute of Management Udaipur
Indranil Bose: Indian Institute of Management Calcutta

Annals of Operations Research, 2022, vol. 308, issue 1, No 9, 215-274

Abstract: Abstract Operations research (OR) has been at the core of decision making since World War II, and today, business interactions on different platforms have changed business dynamics, introducing a high degree of uncertainty. To have a sustainable vision of their business, firms need to have a suitable decision-making process at each stage, including minute details. Our study reviews and investigates the existing research in the field of decision support systems (DSSs) and how artificial intelligence (AI) capabilities have been integrated into OR. The findings of our review show how AI has contributed to decision making in the operations research field. This review presents synergies, differences, and overlaps in AI, DSSs, and OR. Furthermore, a clarification of the literature based on the approaches adopted to develop the DSS is presented along with the underlying theories. The classification has been primarily divided into two categories, i.e. theory building and application-based approaches, along with taxonomies based on the AI, DSS, and OR areas. In this review, past studies were calibrated according to prognostic capability, exploitation of large data sets, number of factors considered, development of learning capability, and validation in the decision-making framework. This paper presents gaps and future research opportunities concerning prediction and learning, decision making and optimization in view of intelligent decision making in today’s era of uncertainty. The theoretical and managerial implications are set forth in the discussion section justifying the research questions.

Keywords: Operations research; Decision support systems; Artificial intelligence; Systematic literature review (search for similar items in EconPapers)
Date: 2022
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Citations: View citations in EconPapers (11)

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DOI: 10.1007/s10479-020-03856-6

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