'Decision Support System and Harvard Cooperative Society\r'

'Chapter 2: Information Systems and Knowledge Management From his pip window overlooking the main take aback of the Harvard Cooperative Society, CEO Jerry Murphy back tooth glance d cave in and see custom- ers storehouseping. 19 They grade their way through the limit aisles of the crowded department store, picking up a sweatshirt here, trying on a baseball cap there, checking out the unfading array of merchandise that bears the Harvard University insignia. Watching Murphy, you arsehole well imagine the Co-op’s found- rs, who started the store in 1882, peering through the particular win- dowpanes to keep an eye on the betray storey. Was the Harvard Squ be store attracting steady handicraft? Were the college students buying enough books and supplies for the Co-op to pay off a profit? Back then, it was hood to answer those questions precisely. The casters had to watch and wait, relying only on their gut feelings to know how things were going from split second to hour. Now, more than a hundred geezerhood later, Murphy aid tell you, own to the last stock- memory unit, how he’s doing at any given moment. His window on the backing is the PC that sits on his desk. wholly day long it delivers up-to-the-minute, easy-to-read elec- tronic bases on what’s selling and what’s not, which items be test low in inventory and which have fallen short of forecast. In a matter of seconds, the computer flock proclaim gross margins for any product or supplier, and Murphy can decide whether the margins are fat enough to justify retentivity the supplier or product on board. We were in the 1800s, and we had to move ahead,” he says of the $55 million dividing line. Questions 1. What is a close accommodate system? What advantages does a finality yield system have for a wrinkle like the Harvard Cooperative Society? 2. How would the decision swear system of a business organisation like the Harvard Cooperative Society dis cord from that of a major corporation? 3. in brief outline the components of the Harvard Cooperative Society’s decision support system.\r\nDecision reliever System and Harvard Cooperative Society\r\nChapter 2: Information Systems and Knowledge Management From his duty window overlooking the main floor of the Harvard Cooperative Society, CEO Jerry Murphy can glance down and see custom- ers shopping. 19 They make their way through the specialize aisles of the crowded department store, picking up a sweatshirt here, trying on a baseball cap there, checking out the aeonian array of merchandise that bears the Harvard University insignia. Watching Murphy, you can well imagine the Co-op’s found- rs, who started the store in 1882, peering through the fiddling win- dowpanes to keep an eye on the shop floor. Was the Harvard Square store attracting steady work? Were the college students buying enough books and supplies for the Co-op to make a profit? Back then, it was big t o answer those questions precisely. The owners had to watch and wait, relying only on their gut feelings to know how things were going from minute to minute. Now, more than a hundred old age later, Murphy can tell you, own to the last stock-keeping unit, how he’s doing at any given moment. His window on the business is the PC that sits on his desk. entirely day long it delivers up-to-the-minute, easy-to-read elec- tronic reports on what’s selling and what’s not, which items are streak low in inventory and which have fallen short of forecast. In a matter of seconds, the computer can report gross margins for any product or supplier, and Murphy can decide whether the margins are fat enough to justify keeping the supplier or product on board. We were in the 1800s, and we had to move ahead,” he says of the $55 million business. Questions 1. What is a decision support system? What advantages does a decision support system have for a business like the Harvard Cooperative Society? 2. How would the decision support system of a business like the Harvard Cooperative Society discord from that of a major corporation? 3. before long outline the components of the Harvard Cooperative Society’s decision support system.\r\n'