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Management Information System

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Management Information System
MANAGEMENT INFORMATION SYSTEM
-the original type of information system developed to support managerial decision.
Management Reporting Alternatives
Four major reporting alternatives provided by MIS * Periodic Scheduled Reports
Example: daily or weekly sales analysis reports monthly financial statements. * Exception Reports * Demand Reports and Responses * Push Reporting
ONLINE ANALITICAL PROCESSING(OLAP)
-enables managers and analyst to interactively examine and manipulate large amounts of detailed and consolidated data from many perspectives. OLAP involves basic analytical operations: * Consolidation * Drill-down * Slicing and Dicing
OLAP Examples Common Business areas where OLAP can solve complex problems include: * Marketing and sales analysis * Clickstream data * Database marketing * Budgeting * Financial reporting and consolidation * Profitability analysis * Quality analysis
Geographic Information and Data Visualization Systems * Geographic Information System (GIS) – is DSS that uses geographic databases to construct and display maps, as well as other graphics displays that support decisions affecting the geographical distribution of people and other resources. * Data Visualization Systems (DVS)- represent data using interactive, three- dimensional, graphical forms such as charts, graphs and maps.

USING DECISION SUPPORT SYSTEM(DSS)
FIGURE 10.16 Four basic types of analytical modelling activities in using DSS Types of Analytical Modeling | Activities and Examples | What- if analysis | Observing how changes to selected variables affect other variables. | Sensitivity analysis | Observing how repeated changes to a single affect variables | Goal-seeking analysis | Making repeated changes to selected variables until a chosen variable reaches a target value. | Optimization analysis | Finding an optimum value for selected variables given certain

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