Management information system
Upcoming SlideShare
Loading in...5
×
 

Like this? Share it with your network

Share

Management information system

on

  • 823 views

 

Statistics

Views

Total Views
823
Views on SlideShare
823
Embed Views
0

Actions

Likes
0
Downloads
20
Comments
0

0 Embeds 0

No embeds

Accessibility

Upload Details

Uploaded via as Microsoft PowerPoint

Usage Rights

© All Rights Reserved

Report content

Flagged as inappropriate Flag as inappropriate
Flag as inappropriate

Select your reason for flagging this presentation as inappropriate.

Cancel
  • Full Name Full Name Comment goes here.
    Are you sure you want to
    Your message goes here
    Processing…
Post Comment
Edit your comment

Management information system Presentation Transcript

  • 1. MANAGEMENT INFORMATION SYSTEM
    • TOPIC: Expert System
    • Executive Information System
    • Virtual Reality
    • By:- Alok Kumar Yadav
    • MBA Iind Year
  • 2. Expert System provides expert advise for Operational course like equipment diagnosic or managerial decission as portfolio management An Expert system is a Knowledge programme that covers the problem by capturing the expertise of a human in a limited domains of knowledge & experience
  • 3. Overview of Expert Systems
    • Can…
      • Explain their reasoning or suggested decisions
      • Display intelligent behavior
      • Draw conclusions from complex relationships
      • Provide portable knowledge
    • Expert system shell
      • A collection of software packages and tools used to develop expert systems
  • 4. Components of an Expert System (1)
    • Knowledge base
      • Stores all relevant information, data, rules, cases, and relationships used by the expert system
    • Inference engine
      • Seeks information and relationships from the knowledge base and provides answers, predictions, and suggestions in the way a human expert would
    • Rule
      • A conditional statement that links given conditions to actions or outcomes
  • 5. Inference engine Explanation facility Knowledge base acquisition facility User interface Knowledge base Experts User
  • 6. Advantages of Expert Systems
    • Easy to develop and modify
    • Consistent Decision
    • Provides More Alternatives
    • Expert System Help Preserve &
    • Reproduce the Knowledge of Expert
  • 7. Limitations of Expert Systems
    • Not widely used or tested
    • Limited to relatively narrow problems
    • Cannot readily deal with “mixed” knowledge
    • Possibility of error
    • Cannot refine own knowledge base
    • Difficult to maintain
    • May have high development costs
    • Raise legal and ethical concerns
  • 8. EXECUTIVE INFORMATION SYSTEM
  • 9.
    • Executive Information System
    • is a type of management information system intended to facilitate and support the information & decision making needs of senior executives by providing easy access to both internal & external information relevant to meeting the strategic goal of the organization .
  • 10. Purpose of an EIS
    • Gives managers access to the data
    • Promotes managerial learning
    • Provides timely information
    • Looking at the data leads to questions
    • Identifies trends
    • Measures performance
  • 11. Types of EISs
    • Corporate Management
      • E.g., Management functions, human resources, financial data, correspondence, performance measures, etc. (whatever is interesting to executives)
    • Technical Information Dissemination
      • E.g., Energy, environment, aerospace, weather, etc.
  • 12. Characteristics of an EIS
    • Tailored to executive’s information needs
    • Reports
    • Analysis and graphics
    • “ Drill-down” process
    • Easy to use
    • Have a Future Orientation
  • 13. Advantage of an EIS
    • A tool for the senior manager
    • Direct on-line access to relevant information
    • Timely and accurate
    • For individuals with limited time, limited keyboarding skills, and little direct experience with computers
    • An EIS is easy to navigate
  • 14. Disadvantage of an EIS
    • Function are limited ,cannot perform complex
    • Executives may encounter information overload
    • Difficult to keep data
    • May lead to less reliable and insecure data
    • It is a expensive
  • 15. VIRTUAL REALITY Virtual Reality is a technology which allows a user to interact with a computer-simulated environment
  • 16. IMPACT OF VIRTUAL REALITY
    • Virtual reality will be integrated into daily life and activity, and will be used in various human ways
    • Techniques will be developed to influence human behavior,  interpersonal communication , and  cognition
    • As we spend more and more time in  virtual  space, there will be a gradual "migration to virtual space", resulting in important changes in economics, worldview, and culture.
    • Virtual reality can also be used to induce  body transfer illusions
  • 17. APPLICATIONS OF VIRTUAL REALITY IN BUSINESS
    • Retailing and Marketing
    • Design and Manufacturing
    • Accounting an d Finance
    • Training and Human Resources