Decision science is a field that focuses on the use of mathematical and statistical methods to understand and optimize decision-making processes. It involves developing models and tools to help individuals and organizations make better decisions based on data and analysis. Decision science often involves the use of operations research, economics, and psychology to understand how people and organizations make decisions, and to identify ways to improve those decision-making processes.
Decision science systems help improve efficiency and effectiveness in the supply chain by allowing companies to make informed, data-driven decisions that optimize resources and minimize risks.