Thursday, April 1, 2010

MIS AND SUPPORT TO BUSINESS

SYSTEM COMPONENTS

BUSINESS SYSTEM

MANAGEMENT INFORMATION SYSTEM

INPUTS

Raw materials, plants and machinery,manufacturing,selling arrangement,accounting

Data from transaction of purchase, production and sales, receipts and payments

PROCESS

Purchasing,manufacturing,selling, accounting

Transaction processing and data processing.

OUTPUT

Quantity of production, sales,stock, income and profit.

Computation of production in number, sales in value, stocks in weight.

SENSOR

Profit

Income less assigned cost

COMPARISON UNIT

Expectation of profit vs actual profit

Algebraic comparison module to compare income vs budgeted income profit vs budgeted profit.

CORRECTIVE UNIT

Managing director

Business decision

Marketing manager

Pricing, advertising and promoting decisons.

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