Management Information System
Manufacturing and Service systems
The analytical information provides support for decision making in the decision supportsystem (DSS) the analysis system provides fund of information at all level for planning &execution of business operation. The forth objective is to provide control information toensure that the business runs as per the plan progresses in a set direction & achieves thegoals.The control information is generated by using the standards, norms targets & budgets.The actual results are compared with this entities & exceptions are highlighted whenever possible the information is provided on the basis of feed forward control that is providingearly signal of probable adverse conditions or results. The designer of business applicationfocuses the development on the aspect of accounting querying, analysis & control.The report generation is decided on the basis of certain business information needs. Theseneeds are statutory compliance, knowledge update, operation management, decision analysis,control & action. The reports are designed for screen display or for print. The content of thereports are decided as per users of the information. The frequency, duration & coverage of the report is decided as per the user requirement.A typical information system begins with OLTP system, uses RDBMS for creation of database, DGL for application development and SQL forquerying and report generation. Ituses programme or complex data processing and report generation. It uses business models,accounting and commercial principles for processing the information leading to businessresults. The information system is designed on the principle of open system deign, providingflexibility and friendliness of the users of the system.A typical information system primarily serves the needs at function levels such as personl, finance, production, materials, marketing and corporate business management. Thesesystems when integrated provide cross functional information to management high-lightingthe business implications of the decision taken in one area of the business or the other.Integrated systems provide data and information for business planning at the middlemanagement level and orstrtegic planning at the top management level.
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MIT- Maharaja Institute of Technology