Professional Documents
Culture Documents
Presented by:-
Group-3
Management information system
Meaning of MIS:-
M=Management=Practical use of power of decision
making.
I=Information=Useful Data.
Expert systems.
1
How Do Expert Systems
Work?
Generic categories of Expert
system Applications:-
Classification-
Diagnosis-
Monitoring-
Process control-
Design-
Scheduling & Planning-
Generation of options-
Benefits & Limitations:-
2
TRANSACTION PROCESSING
SYSTEM (TPS)
Some examples of processing
systems for transactions include,
ATM transactions
Credit Card system
Electronic Commerce
Online Payments
Online Trading Stocks
Self-checking stations
TPS is needed to conduct
business in nearly any
organization today. TPSs bring
data into the databases of the
organization; these systems are
also a basis on which
management-oriented
information systems are based.
INTORDUCTION
A Transaction Processing System is a set of information that processes the data operation
in a database system that controls transaction programs. The method of breaking down
transaction using a simpler and unified method is called transaction processing.
A transaction is a simple process that takes place during business operations.
The Transaction processing system also called as Junior Level
Management.
Dependable &
readjustment
Swift response
Controlled
processing
Inflexibility
Importance of transaction processing system
Handling of operations
Untapped markets
Transaction processing modes
1. Processing in a
Batch
2. Processing in
Real-time
TPS can also execute
input, output, storage and
processing function.
Final Thoughts
.
Using spreadsheets to manage inventory.
Basic inventory management software.
Dedicated inventory management
software.
Warehouse management systems.
4
MANAGEMENT REPORTING SYSTEM
4
INTRODUCTION
o A Management reporting system(MRS) It is a
system which attempts to communicate
information in the form of reports, statements,
graphs, charts etc. to help the management to
take the appropriate decision.
o It is a essential for monitoring the missions of
an organisation.
o It produces Financial and non-Financial
reports that supports the organisation to take
quick decisions regarding the performance of
the company.
TYPES OF MANAGEMENT REPORTS
PERIODIC/SCHEDULED REPORTS:
These reports follow a predetermined format and are used
for providing information to the managers on a regular
basis.
EXCEPTION REPORTS:
These reports are not generated on a regular basis but only
in exceptional situations.
DEMAND REPORTS:
These are the reports which are prepared when the
manager demands for the report in order to oversee the
situation of the company at that point of time.
FUNCTIONS OF MRS
5
Introduction to decision support system(dss)
• A Decision Support System (DSS)is a computer based application that collects ,organises
and analyses business data to facilitate quality business decision – making for management
, operations and planning.
• A well designed DSS aids decision makers in compiling a variety of data from many
sources : raw data, documents, personal knowledge from employees, management,
executives and business models. DSS analysis helps companies to identify and solve
problems and make decisions. For example, if the management needs to asses the prices
of a product, may use data from external sources i.e. market prices.
• DSS’s are designed for every manager to execute a specific managerial task or problem.
Generally, they help managers to make semi-structured decisions, the solution to which
can be arrived at logically. However, sometimes, they can also help in taking complex
decisions.
• Information systems
• Used by managers
• Used in decision making
• Used to support ,not to replace people
• Used when the decision is “Semi-structured” or
“Unstructured”
• Incorporate a database of some sort
• Incorporate models
TYPES OF DECISION SUPPORT
SYSTEM
Section- 3-B.COM-C.