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Management Information SystemsTransaction
Processing Systems (TPS)
Support operationManagement and
controlRoutine, normal
operations
Management Information Systems
(MIS)Provide decision-
making support for routine, structured decisions
Closely linked to and fed by TPS
Management Information Systems Terminology Confusion
MIS = the study of information technology in business settings
But, MIS is also term to refer to class of systems used to support operational and tactical decision making.
A Model for Problem SolvingDecision Making Phase
Intelligence gatheringDesignChoice
ImplementationMonitoring
Decision MakingA step in problem solvingIntelligence gathering
Definition of problemData gathered on scopeConstraints identified
Design phaseAlternatives identified and assessed
ChoiceSelection of an alternative
Structured vs. Unstructured Problems
Structured problems lend themselves to programmed decisionsThe implication is that a repeatable process can be employed and these can be automated
Unstructured problems require unprogrammed decisions
Structured ProblemsCan be addressed by an MISThree decision models or techniques
OptimizationFind the best solution
SatisficingFind a solution which meets certain
criteriaHeuristics
Rule-based solution generation
Goals of an MISProvide managers with informationRegular, routine operationsControl, organize and plan better
Typical Inputs and OutputsInputs: Information from the TPSOutputs: hard and softcopy reports
Scheduled reportsOn-demand reportsKey-indicator (business fundamentals)
Exception reports
Functional Perspectives of MISFinancial MIS
Will integrate information from multiple sources
FunctionsCostingP&L reportingAuditingFunds management
Functional Perspectives of MISManufacturing
Design and EngineeringMaster Production SchedulingInventory ControlMaterials PlanningManufacturing and Process ControlQuality Control
Functional Perspectives of MISTransportation and Logistics
Route and schedule optimizationHuman ResourcesAccounting
Decision Support SystemsUsed for unstructured problemsCharacteristics
Data from multiple sources internal and external to organization
Presentation flexibilitySimulation and what-if capabilitySupport for multiple decision approachesStatistical analysis
Components of a DSSModel management software
Provides a variety of solution modelsFinancial, statistical, graphical, project
managementDialogue Manager
Allows user interaction with DSS
Group Decision Making Systems
Very interesting fieldHow can information technology
improve how decisions are made by groups?
Group Decision Making Systems
ApplicationsWhere time is criticalWhere participants are geographically
dispersedWhere authority obstructs communicationMilitaryBusinessGovernment
Group Decision Making SystemsCommon characteristics
Meeting moderation/facilitationSigned and anonymous commentsStructured deliberations
Presentation period Comment period Automated collation of comments “Voting”
Face-to-face and remote
Executive Information SystemsHigh level with drill downKey business and industry dataStructured and unstructured
informationStructured: MTD ordersUnstructured: Industry newsfeed
Graphical
BIBLIOGRAPHY
THROUGH WEB …SLIDESHARETEXT BOOK OF INDUSTRIAL ENGINEERING AND MANAGEMENT BY HAROLD KOONTZ AND HEINZ WRIHRIC