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How might an automobile company use a management information system to reduce its costs and better serve its customers? Explain the various types of input data the system might use, and describe what types of output reports managers would find useful.
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Automobile company can take advantage of various reports and analysis produced by Management information systems such as ERP or supply chain management system to reduce costs and improve operating margins. For example, MIS can generate extensive information about the current and optimum inventory levels, purchase order quantity, etc. to guide organizational management and …
