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Ranking the benefits of IS applications for manufacturing. (information systems)
In a survey of senior managers who use information systems in 310 manufacturing organizations and who are authorized to make decisions regarding investment in information systems, the managers ranked three applications as most beneficial to their operations: financial reporting, product costing, and inventory management. Their responses are analyzed and explained.
The present dynamic industrial environment is characterized by:
* High costs of raw materials, machinery, labor, and overhead.
* Significant differences in production processes.
* Too lengthy production times.
* A high degree of interdependence among the different components of ...
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