Building a Simple Expert System for Retirement Planning Essay
Scenario. When employees at your company retire, they are given cash bonuses. These cash bonuses are based on the length of employment and the retiree’s age. To receive a bonus, an employee must be at least 50 years of age and have worked for the company for more than five years. The following table summarizes the criteria for determining bonuses.
Duration of Employment Bonus
Less than five years 20% of current salary
5-10 years 30% of current salary
11-15 years 40% of current salary
16-20 years 50% of current salary
21-25 years 70% of current salary
More than 25 years 100% of current salary
Goal. Using the information provided, build a simple expert system. Find a demonstration copy of an expert system software tool on the web that you can download. Alternatively, use your spreadsheet software to build the expert system. (If you are using spreadsheet software, we suggest using the IF function so you can see how rules are created. You may learn about Excel’s IF command at https://is.gd/Agbe1y.)
You may wish to use Modules 1, 2, 5, and 9, at http://tinyurl.com/yyzjvj9k, to help with planning and drafting your essay.
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Textbook: Management Information Systems: Managing the Digital Firm. 15th ed. Kenneth C. Laudon; Jane P. Laudon. Pearson.
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