"A DSS enables managers to get answers to such unexpected and generally nonrecurring kinds of problems. This being said, a TPS simply records data, a MIS summarizes structured, predetermined data, while a DSS is used to analyze data. Reports from a DSS do not have a fixed format thus enabling it a flexible tool for analysis.
A DSS consists of four parts: the user, system software, data, and decision models. A DSS's
data consists of two kinds, internal and external, enabling data from within the organization to be compared to data gathered from outside. There are three base-types of DSS decision models (strategic, tactical, and operational) along with GDSS. A GDSS is specifically designed to support more than one or a team of decision makers, including tools to support group meetings and collective work."
Recommended textbook solutions
Which activity is handled by a transaction processing system?
~ The TRANSACTION PROCESSING SYSTEM (TPS) records day-to-day transactions, such as customer orders, bills, inventory levels, and production output. ~ The management information system (MIS) summarizes the detailed data of the transaction processing system in standard reports for middle-level managers.
Who is responsible for operational matters and monitoring day to day events?
Who is responsible for operational matters and monitoring dat-to-day events? The marketing department identifies, investigate and develops new products and services.
Which type of information system is do organizations use to handle day to day business matters such as payroll or accounts payable?
The management information system records day-to-day transactions, such as customer orders, bills, inventory levels, and production output. Middle-level managers are responsible for tactical planning and the implementation of long-term goals.
Which computer based information system records day to day transactions?
Transaction processing systems (TPS) are the basic business systems that serve the operational level of the organization. A transaction processing system is a computerized system that performs and records the daily routine transactions necessary to conduct business.