Management Information SystemsTransaction Processing      Management Information  Systems (TPS)               Systems (MIS...
Management Information Systems• Terminology Confusion  – MIS = the study of information    technology in business settings...
A Model for Problem Solving• Decision Making Phase   – Intelligence gathering   – Design   – Choice• Implementation• Monit...
Decision Making• A step in problem solving• Intelligence gathering   – Definition of problem   – Data gathered on scope   ...
Structured vs. Unstructured            Problems• Structured problems lend themselves to  programmed decisions   – The impl...
Unstructured Problems• Can be addressed (or partially addressed)  with Decision Support Systems              MIS 175 Sprin...
Structured Problems• Can be addressed by an MIS• Three decision models or techniques  – Optimization    • Find the best so...
Goals of an MIS• Provide managers with information• Regular, routine operations• Control, organize and plan better        ...
Typical Inputs and Outputs• Inputs: Information from the TPS• Outputs: hard and softcopy reports   – Scheduled reports   –...
Functional Perspectives of MIS• Financial MIS  – Will integrate information from multiple    sources  – Functions     • Co...
Functional Perspectives of MIS• Manufacturing  – Design and Engineering  – Master Production Scheduling  – Inventory Contr...
Functional Perspectives of MIS• Marketing  – Market research    • Web-based market research  – Pricing              MIS 17...
Functional Perspectives of MIS• Transportation and Logistics  – Route and schedule optimization• Human Resources• Accounti...
Decision Support Systems• Used for unstructured problems• Characteristics  – Data from multiple sources internal and    ex...
Components of a DSS• Model management software  – Provides a variety of solution models     • Financial, statistical, grap...
Group Decision Making           Systems• Very interesting field• How can information technology improve  how decisions are...
Group Decision Making            Systems• Applications  – Where time is critical  – Where participants are geographically ...
Group Decision Making               Systems• Common characteristics  – Meeting moderation/facilitation  – Signed and anony...
Executive Information Systems• What information does a chief executive of  board member require?              MIS 175 Spri...
Executive Information Systems• High level with drill down• Key business and industry data• Structured and unstructured inf...
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Mis

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Mis

  1. 1. Management Information SystemsTransaction Processing Management Information Systems (TPS) Systems (MIS) – Support operation – Provide decision- – Management and making support for control routine, structured – Routine, normal decisions operations – Closely linked to and fed by TPS MIS 175 Spring 2002 Chapter 10 1
  2. 2. 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 decisionmaking MIS 175 Spring 2002 Chapter 10 2
  3. 3. A Model for Problem Solving• Decision Making Phase – Intelligence gathering – Design – Choice• Implementation• Monitoring MIS 175 Spring 2002 Chapter 10 3
  4. 4. Decision Making• A step in problem solving• Intelligence gathering – Definition of problem – Data gathered on scope – Constraints identified• Design phase – Alternatives identified and assessed• Choice – Selection of an alternative MIS 175 Spring 2002 Chapter 10 4
  5. 5. Structured vs. Unstructured Problems• Structured problems lend themselves to programmed decisions – The implication is that a repeatable process can be employed and these can be automated• Unstructured problems require unprogrammed decisions MIS 175 Spring 2002 Chapter 10 5
  6. 6. Unstructured Problems• Can be addressed (or partially addressed) with Decision Support Systems MIS 175 Spring 2002 Chapter 10 6
  7. 7. Structured Problems• Can be addressed by an MIS• Three decision models or techniques – Optimization • Find the best solution – Satisficing • Find a solution which meets certain criteria – Heuristics • Rule-based solution generation MIS 175 Spring 2002 Chapter 10 7
  8. 8. Goals of an MIS• Provide managers with information• Regular, routine operations• Control, organize and plan better MIS 175 Spring 2002 Chapter 10 8
  9. 9. Typical Inputs and Outputs• Inputs: Information from the TPS• Outputs: hard and softcopy reports – Scheduled reports – On-demand reports – Key-indicator (business fundamentals) – Exception reports MIS 175 Spring 2002 Chapter 10 9
  10. 10. Functional Perspectives of MIS• Financial MIS – Will integrate information from multiple sources – Functions • Costing • P&L reporting • Auditing • Funds management MIS 175 Spring 2002 Chapter 10 10
  11. 11. Functional Perspectives of MIS• Manufacturing – Design and Engineering – Master Production Scheduling – Inventory Control – Materials Planning – Manufacturing and Process Control – Quality Control MIS 175 Spring 2002 Chapter 10 11
  12. 12. Functional Perspectives of MIS• Marketing – Market research • Web-based market research – Pricing MIS 175 Spring 2002 Chapter 10 12
  13. 13. Functional Perspectives of MIS• Transportation and Logistics – Route and schedule optimization• Human Resources• Accounting MIS 175 Spring 2002 Chapter 10 13
  14. 14. Decision Support Systems• Used for unstructured problems• Characteristics – Data from multiple sources internal and external to organization – Presentation flexibility – Simulation and what-if capability – Support for multiple decision approaches – Statistical analysis MIS 175 Spring 2002 Chapter 10 14
  15. 15. Components of a DSS• Model management software – Provides a variety of solution models • Financial, statistical, graphical, project management• Dialogue Manager – Allows user interaction with DSS MIS 175 Spring 2002 Chapter 10 15
  16. 16. Group Decision Making Systems• Very interesting field• How can information technology improve how decisions are made by groups? MIS 175 Spring 2002 Chapter 10 16
  17. 17. Group Decision Making Systems• Applications – Where time is critical – Where participants are geographically dispersed – Where authority obstructs communication – Military – Business – Government MIS 175 Spring 2002 Chapter 10 17
  18. 18. Group Decision Making Systems• Common characteristics – Meeting moderation/facilitation – Signed and anonymous comments – Structured deliberations • Presentation period • Comment period • Automated collation of comments • “Voting”• Face-to-face and remote MIS 175 Spring 2002 Chapter 10 18
  19. 19. Executive Information Systems• What information does a chief executive of board member require? MIS 175 Spring 2002 Chapter 10 19
  20. 20. Executive Information Systems• High level with drill down• Key business and industry data• Structured and unstructured information – Structured: MTD orders – Unstructured: Industry newsfeed• Graphical MIS 175 Spring 2002 Chapter 10 20

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