Monday, September 23, 2019
INFO101 assigment Assignment Example | Topics and Well Written Essays - 500 words
INFO101 assigment - Assignment Example The content of these reports may vary depending on the situations and the needs of the manager requesting the report. Third and last, is exception report. Exception reports are those that deal with data outside ranges considered normal. They exhibit statistics of data beyond the normal range. The report consolidates the unusual conditions such as cost overruns or production down time and reports them differently. Timely reporting of unusual cases enables appropriate action to be taken by the management. Different types of reports cover different issues. Moreover, various circumstances in the business demand appropriate actions, which vary from one scenario to another. As such, it is important to distinguish between the three basic MIS reports so that each can be tailored to the informational need of its users. Clear distinction between the reports also enables the management to take timely actions on issues that require urgent attention. Summary reports are used when managers require quick overview of information on particular area. On the other hand, detailed reports are used for specific activities so as to gage their performances while exception reports are sued to report unusual occurrences in an organization, which need urgent solutions. Decision Support System (DSS) has three fundamental components. These include: data, models as well as user interface. Data is basically the information that is required for decision making. Data is usually kept in a database. Models refer to the models that are utilized in data analysis and the forecasting of outcomes of any particular decision. It also includes software that helps in managing models in DSS. User interface refers to the manner in which the users can use the DSS to facilitate their decision making processes, even if they are not technology experts. In most scenarios, a
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