Readers ask: Which Of The Following Decisions Is Supported By A Logistics Information System?

a logistic information system supports decisions related to providing reports and statistics on employee demographics.

Which decision is supported by a manufacturing information system?

Among the higher-level decision making supported by manufacturing information systems are facilities planning – locating the sites for manufacturing plants, deciding on their production capacities, and laying out the plant floors.

Which decision is supported by a financial information systems?

Financial Management Information Systems (FMIS) support the automation and integration of public financial management processes including budget formulation, execution (e.g. commitment control, cash/debt management, treasury operations), accounting, and reporting.

Which of the following is a difference between a logistics information system?

Which of the following is a difference between a logistics information system (LIS) and a financial information system (FIS)? An LIS supports decisions related to improving shipment planning, whereas an FIS supports decisions related to determining portfolio structures.

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What is included in a financial information system FIS )?

Section 2 – The Financial Information System (FIS) The three components are: Financial Accounting (FI) FI is used to record all financial transactions in general ledger accounts for assets (i.e., A/R), liabilities (i.e., A/P), revenues and expenses. FI also produces the university’s financial statements.

Which information system is used to manage manufacturing resources?

Manufacturing Resource Planning (MRP II) is an integrated information system used by businesses. Manufacturing Resource Planning (MRP II) evolved from early Materials Requirement Planning (MRP) systems by including the integration of additional data, such as employee and financial needs.

What are 4 M’s?

Money, material, machine and manpower are the Four Ms, the traditional framework for viewing the resources available to a business, which can be useful when designing a business plan. Identifying the resource needs is generally considered in business, a task for those in management.

What is logistics information system?

A logistics management information system (LMIS) is a system of records and reports – whether paper-based or electronic – used to aggregate, analyze, validate and display data (from all levels of the logistics system) that can be used to make logistics decisions and manage the supply chain.

What is a decision support system and how is it used?

A decision support system (DSS) is a computerized program used to support determinations, judgments, and courses of action in an organization or a business. A DSS sifts through and analyzes massive amounts of data, compiling comprehensive information that can be used to solve problems and in decision-making.

What are the key decision supported by a financial mis?

The key aspects of financial decision making relate to financing, investment, dividends and working capital management.

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What is logistics management system?

A logistics management system is a combination of software tools that optimize business processes from beginning to end. A logistics management system will help increase efficiency in processing orders, managing inventory, transporting orders to customers, and returning orders if necessary.

How information systems facilitate logistics management?

Information system facilitates planning and control of the logistical activities related to order fulfillment. Helps provide customers information regarding product availability, order status, and delivery schedules promoting customers service.

Which group of characteristics best describes decision support systems?

Which group of characteristics best describes decision support systems? Analytical models, specialized databases, interactive computer-based modeling processes, and the decision maker’s own insights and judgments.

What is financial information system in MIS?

Financial Management Information Systems (FMIS) support the automation and integration of public financial management processes including budget formulation, execution (e.g. commitment control, cash/debt management, treasury operations), accounting, and reporting.

What are the five 5 basic components of an accounting information system?

There are five main components in an accounting system. Each part has a different job and accomplishes different step in the financial reporting process. The five components are source documents, input devices, information processors, information storage, and output devices.

What is financial and accounting information system?

An accounting information system (AIS) involves the collection, storage, and processing of financial and accounting data used by internal users to report information to investors, creditors, and tax authorities.

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