| It is very important to work with data, information and knowledge correctly, when a decision model is used as a support for managerial decision-making. Unfortunately, these terms are understood differently in various branches; particularly, the definitions of knowledge are very different. It causes problems in praxis; it is not clear, in which case data processing, information or knowledge/expert systems are appropriate to use. In this paper we introduce modern approaches to indentifying these terms. The objective of the paper is to identify data, information and knowledge in decision-making process, particularly in multiple-criteria decision-making model, to help users of such models to better understand it. To reach this objective, we need to provide... |
