MIS is not used in which of the following applications?
Heat transfer
Management Information System (MIS) is a system or process that provides the information needed to manage organizations effectively. MIS are typically used in business and organizational contexts to support decision-making, coordination, control, analysis, and visualization of information.
Let's look at the given options to determine where MIS is typically used and where it is not.
Based on the analysis of the typical applications of Management Information Systems in business operations, it is clear that forecasting, scheduling problems, and inventory management are areas where MIS is commonly used. Heat transfer, being a concept from physics and engineering, falls outside the scope of standard MIS applications.
The original cost of equipment is rupees 1,00,000. Its salvage value at the end of its useful life of five years is 40,000. Its book value at the end of two years of its useful life as per straight line method of evaluation of depreciation will be
Error reports are an example of
FMS production methodology is applicable to a situation where the lot size of a product ranges between
Functional subsystem are connected by
Which of the following is the objective of MIS?