ENTERPRISE RESOURCE PLANNING

MANAGEMENT INFORMATION SYSTEM(MIS)

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MIS is a computer based system that optimizes the collection ,transfer and presentation of information throughout an organization, through an integrated structure of databases and information flow.

Main Characteristics of the MIS

MIS supports the data processing functions of transactional handling and record keeping. y MIS uses an integrated database and supports a variety of functional areas. y MIS is flexible and can be adapted to the changing needs of the organization.
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DECISION SUPPORT SYSTEM (DSS)

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A Decision Support System (DSS) is a class of information systems that support business and organizational decision-making activities.

A properly designed DSS is an interactive software-based system intended to help decision makers compile useful information from a combination of raw data, documents, personal knowledge, or business models to identify and solve problems and make decisions.

Characteristics of DSS
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DSS is designed to address Semistructured and unstructured problems. DSS mainly support decision-making at the top level of management.

Some Types:
A communication-driven DSS supports more than one person working on a shared task; examples include integrated tools like Microsoft's NetMeeting. y A data-driven DSS or data-oriented DSS emphasizes access to and manipulation of a time series of internal company data and, sometimes, external data.
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A document-driven DSS manages, retrieves, and manipulates unstructured information in a variety of electronic formats. y A knowledge-driven DSS provides specialized problem-solving expertise stored as facts, rules, procedures, or in similar structures. yA model-driven DSS emphasizes access to and manipulation of a statistical, financial, optimization, or simulation model.
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DATA WAREHOUSING
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A data warehouse is a repository (collection of resources that can be accessed to retrieve information) of an organization's electronically stored data, designed to facilitate reporting and analysis.

This definition of the data warehouse focuses on data storage. The main source of the data is cleaned, transformed and cataloged and is made available to be used by managers and other business professional for data mining, market research and decision support .

DATA MINING
Data mining is the process of extracting patterns from data. Data mining is becoming an increasingly important tool to transform the data into information. y Data mining commonly involves four classes of tasks: y Clustering - is the task of discovering groups and structures in the data that are in some way or another "similar", without using known structures in the data.
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Classification - is the task of generalizing known structure to apply to new data. For example, an email program might attempt to classify an email as legitimate or spam. y Regression - Attempts to find a function which models the data with the least error. y Association rule learning - Searches for relationships between variables. For example a supermarket might gather data on customer purchasing habits.
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