STUDY GUIDE Forecasting- Who needs Forecast? Accounting‚ Finance‚ Operations‚ Human Resources‚ and Marketing Elements of a good Forecast: -Timely and allowing for the system to respond to the forecast. Sould cover a span of time that allows actions to be taken to meet the forecast. -Should be accurate (no forecast id 100% accurate). Should be reliable and used so that actual sales will not depart radically from the forecast. -Expressed in meaningful terms such as dollars‚ production planners
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Five Types of Information Systems Information systems are constantly changing and evolving as technology continues to grow. Very importantly the information systems described below are not mutually exclusive and some (especially Expert Systems‚ Management Information Systems and Executive Information Systems are can be seen as a subset of Decision Support Systems). However these examples are not the only overlaps and the divions of these information systems will change over time. At present there
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is to open a website through the help of an Internet connection which offers a variety of services. Nowadays‚ information dissemination becomes more vital than before since the rapid development of the World Wide Web (WWW.). Because internet is in demand‚ users can gain access to the information and other application they want to use. With the continuous development of technology in our generation‚ proponents came up with the project entitled “Online Student Information System of Blue Isle Integrated
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A Pharmacy Information System is a computerized system that handles many one of many outpatient functions‚ such as taking prescription orders‚ prescription entry‚ and pricing of the medications‚ to fill and refill medication‚ medication inventory‚ and the financial management and purchasing. Some features of the PIS consist of prescription management that manages prescription for patients. It receives the prescription order electronically‚ then matches to the available pharmaceutical
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CRIME INFORMATION MANAGEMENT SYSTEM AT TESANO POLICE STATION CHAPTER ONE Introduction 1.1 Background To Study: This system is going to use by the police service department of Ghana. Our intension of developing this system is that‚ we want to have the exact record of all the people who are sent to police this system is going to help all
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at the different marketing information systems‚ one can only marvel at the thoroughness of companies and the information it collects. Marketing information systems are people‚ equipment‚ and procedures to gather‚ sort‚ analyze‚ evaluate‚ and distribute needed‚ timely‚ and accurate information to marketing decision makers (Armstrong & Kotler‚ 2007). This can optimize your sales‚ and if done right‚ can help monitor changes‚ patterns‚ and wants of consumers. Information is king‚ in the land of marketing
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allowing barangays to evolve their own information system. Benchmark study‚ secondary data use‚ key informants interview and observations were the key data gathering techniques. Data analysis was basically descriptive. This project was implemented in nine barangays of Munoz‚ Nueva Ecija. Some 83 respondents composed of barangay captains‚ barangay councilmen‚ barangay secretaries‚ barangay treasurers and SK chairmen were interviewed to have a benchmark information regarding their knowledge of and perception
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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
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1. An Accounting Information System (AIS) * collects and processes transaction data and disseminates the information to interested parties. * Helps management answer such questions as: * How much and what kind of debt is outstanding? * Were sales higher this period than last? * What assets do we have? * What were our cash inflows and outflows? * Did we make a profit last period? Basic Terminology (see Textbook for definitions) * Event * Transaction * Account
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different marketing factor‚ different business information systems have been developed. Diagram 1 shows businesses core competencies and the roles that marketing plays and the importance of an effective Business Information System (BIS). Diagram 1. Business Core Competencies Pricing decisions can be supported by systems such as online analytical processing used by major companies such as Microsoft (http://msdn.microsoft.com/sql/bi/analysis/). A system such as this assists basing price to remain
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