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Explain about the Management Information System.
Management Information System:
It is defined as like a formal method of making obtainable to management the precise and timely information essential to facilitate the decision making process and make possible the organisation’s planning, operational and control functions to be carried efficiently and effectively.
The reason is to aid decision making as well as not to automate the Decision making process.
Also known as the loading cost or the storage cost carrying cost represents the cost that is associated with storing an item in inventory. It is proportional to the amoun
advantage and dis advantage of north west colum
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