MANAGEMENT  INFORMATION SYSTEM <ul><li>TOPIC: Expert System  </li></ul><ul><li>Executive Information System </li></ul><ul>...
Expert System provides expert advise for Operational course like equipment diagnosic or managerial decission as portfolio ...
Overview of Expert Systems <ul><li>Can… </li></ul><ul><ul><li>Explain their reasoning or suggested decisions </li></ul></u...
Components of an Expert System (1) <ul><li>Knowledge base </li></ul><ul><ul><li>Stores all relevant information, data, rul...
Inference engine Explanation facility Knowledge base acquisition facility User interface Knowledge base Experts User
Advantages of Expert Systems <ul><li>Easy to develop and modify </li></ul><ul><li>Consistent Decision </li></ul><ul><li>Pr...
Limitations of Expert Systems <ul><li>Not widely used or tested </li></ul><ul><li>Limited to relatively narrow problems </...
EXECUTIVE INFORMATION SYSTEM
<ul><li>Executive Information System   </li></ul><ul><li>is a type of management information system intended to facilitate...
Purpose of an EIS <ul><li>Gives managers access to the data </li></ul><ul><li>Promotes managerial learning </li></ul><ul><...
Types of EISs <ul><li>Corporate Management  </li></ul><ul><ul><li>E.g., Management functions, human resources, financial d...
Characteristics of an EIS <ul><li>Tailored to executive’s information needs </li></ul><ul><li>Reports </li></ul><ul><li>An...
Advantage of an EIS <ul><li>A tool for the senior manager </li></ul><ul><li>Direct on-line access to relevant information ...
Disadvantage of an EIS <ul><li>Function are limited ,cannot perform complex </li></ul><ul><li>Executives may encounter inf...
VIRTUAL REALITY Virtual Reality is a technology which allows a user to interact with a computer-simulated  environment
IMPACT OF VIRTUAL REALITY <ul><li>Virtual reality will be integrated into daily life and activity, and will be used in var...
APPLICATIONS OF VIRTUAL REALITY IN BUSINESS <ul><li>Retailing and Marketing </li></ul><ul><li>Design and Manufacturing </l...
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Management information system

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Management information system

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

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