Decision models provides a common notation that is easily understandable by all business users. The business analysts who need to design initial decision requirements, the technical developers who are responsible for automating the decisions in processes and business people who will monitor and manage these decisions are all targets of this mechanism. Emakin decision model is based on DMN standards which is published by Object Management Group.
A decision is the act of determining an output value with a logic that is defined by a number of input values. This decision logic may include one or more business knowledge models which encapsulate business know-how's in the form of business rules, analytic models, or other formalisms. Authorities also may be defined for decisions or business knowledge models, which might be (for example) domain experts who re are responsible for defining or maintaining them, or source documents from which business knowledge models are derived, or sets of test cases with which the decisions must be consistent. These are called knowledge sources.
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Business knowledge models are mathematical formulations to apply referenced documents. BKM functions written in FEEL syntax and an example of PMT (calculates the payment for a loan) function can be defined as BKM function.
(amount * rate / 12) / (1 – (1 + rate / 12) ** -term)...