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MANGEMENT INFORMATION SYSTEM

DEFINATION:
MIS or Management Information System is basically a
management tool used to collect, store, process and present data
to user as per the requirement of the user.

It helps the management in decision making function, which


includes data required to make various reports like, forecast, sales
report, budget, inventory list, calculating food cost, etc.

It also plays a vital role in goal setting, strategic management,


and evolving business plans and information.

POINTS TO BE CONSIDERED WHILE COLLECTING


INFORMATION:
Able to handle data & volume
Validity of data & transaction
Quick recovery of information
Store large volume of data
Communicate information to user on time
Able to change the needs of information

ROLE OF MIS
The role of management information system in an organization is
comparable to the role of heart in the body. The information is the
blood and MIS is the heart, because it collects data from various
sources and transmits the information to all the outlets. The MIS
therefore plays a vital role in the management, administration
and operation of the organization.

Kitchen, Restaurants, housekeeping, etc. file requisition through


computers, then the system will process that information and
calculate the cost of each inventory, daily cost, etc. It also
calculates the weekly, monthly and quarterly cost of each
department including food cost.
The MIS helps in making the daily food cost of the food and
beverage department collectively and food cost from kitchen
department is also calculated and it is compared to the budgeted
cost to measure the efficiency of the departments.