Preview

transaction processing system

Good Essays
Open Document
Open Document
546 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
transaction processing system
Transaction Processing Systems
A transaction is an elementary activity conducted during business operations. Transaction processing systems (TPS) process the company's business transactions and thus support the operations of an enterprise. A TPS records a non-inquiry transaction itself, as well as all of its effects, in the database and produces documents relating to the transaction.
TPS are necessary to conduct business in almost any organization today. TPSs bring data into the organizational databases, these systems are also a foundation on which management oriented information systems rest.
Transaction Processing Modes Transaction processing may be accomplished in one of two modes:
1. On-line mode
2. Batch mode
Characteristics of on-line transaction processing:
1. Each transaction is completely processed immediately upon entry.
2. OLAP is the most common mode of used today
3. More costly than batch processing
4. Database is always up to date.

Transaction Processing Subsystems in a Firm
Overall transaction processing, also known as data processing, reflects the principal business activities of a firm. The principal transaction processing subsystems in a firm are those supporting:
Sales
Inventory
Purchasing
Shipping Receiving
Accounts payable
Billing
Accounts receivable
General ledger

DECISION SUPPORT SYSTEM
A Decision Support System (DSS) is a computer-based information system that supports business or organizationaldecision-making activities. DSSs serve the management, operations, and planning levels of an organization (usually mid and higher management) and help to make decisions, which may be rapidly changing and not easily specified in advance (Unstructured and Semi-Structured decision problems). Decision support systems can be either fully computerized, human or a combination of both.
DSSs include knowledge-based systems. A properly designed DSS is an interactive software-based system intended to help decision makers compile

You May Also Find These Documents Helpful

  • Satisfactory Essays

    A transaction is an elementary activity conducted during business operations. Transaction processing systems (TPS) process the company's business transactions and thus support the operations of an enterprise. A TPS records a non-inquiry transaction itself, as well as all of its effects, in the database and produces documents relating to the transaction.…

    • 545 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Bsat 303 Final Study Guide 1

    • 4353 Words
    • 23 Pages

    o Decision support system (DSS) – a highly flexible and interactive system that is designed to…

    • 4353 Words
    • 23 Pages
    Powerful Essays
  • Good Essays

    Decision Support System is a tool for making the better decisions in the organization. It is also a set of computer-based information system that assists in some decision-making activity. Decision making is one of the most significant and important activities in a business. The decision makers can compile useful information from raw data, documents, personal knowledge or business models to identify, solve problems and make decisions.…

    • 661 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    1. Transaction processing system-a point of sale terminal that checks out customers in an automated fashion.…

    • 596 Words
    • 3 Pages
    Satisfactory Essays
  • Satisfactory Essays

    DAC1 Study

    • 782 Words
    • 3 Pages

    A transaction processing system (TPS) is the basic business system that serves the operational level (analysts) and assists in making structured decisions.…

    • 782 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    Bis 220 W2 Ia

    • 1042 Words
    • 5 Pages

    |Management Information |A subset of internal controls that allows this |Generates financial reports, sales reports, |…

    • 1042 Words
    • 5 Pages
    Good Essays
  • Powerful Essays

    Database and Page Ref

    • 4307 Words
    • 19 Pages

    12) A transaction is a group of alternative database actions, from which the database can choose to perform only one of them.…

    • 4307 Words
    • 19 Pages
    Powerful Essays
  • Powerful Essays

    Our mission is to provide the best DSS solutions for our customers. We can help our customers make faster, and more reliable decisions by helping them understand and organize data and knowledge that already exist within their business.…

    • 2315 Words
    • 10 Pages
    Powerful Essays
  • Powerful Essays

    Fedex Case

    • 2920 Words
    • 12 Pages

    Transaction Processing Systems: automate the handling of data about business activities or transactions, which can be thought of as simple, discrete events in the life of an organization.…

    • 2920 Words
    • 12 Pages
    Powerful Essays
  • Satisfactory Essays

    This is what it is and how it can be fixed with the implementation of Decision Support System. A Clinical Decision Support System (CDSS) is a type of expert system (also commonly referred to as a knowledge-based system) used within a clinical setting to support clinical processes. CDSSs are the result of the research of those within both the medical and computer science fields who had wished to develop artificially intelligent (AI) computer systems that would revolutionize healthcare. Clinical Decision Support Systems are often used with Computerized Physician Order Entry (CPOE) functions in hospitals.…

    • 448 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    d. Records in reference files that are used by transaction records cannot be edited without proper authorization and data reconciliation.…

    • 666 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    Information System

    • 323 Words
    • 2 Pages

    3. A transaction processing system (TPS) supports the monitoring, collection, storage, and processing of data from the organization’s basic business transactions, each of which generates data.…

    • 323 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Decision Making Model

    • 569 Words
    • 2 Pages

    The decision support systems is the final type of decision making models. Decision support systems is the evidence to back up the decision. It can be anything from a simple graph to organize data visually to intricate data systems. If the team consists of members that will only make decisions based on facts to back it up then the decision support…

    • 569 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    1. Explain the following statement: a transaction is a logical unit of work. A transaction is a logical unit of work that must be entirely completed of aborted; no intermediate states are accepted. In other words, a transaction, composed of several database requests, is treated by the DBMS as a unit of work in which all transaction steps must be fully completed if the transaction is to be accepted by the DBMS. Acceptance of an incomplete transaction will yield an inconsistent database state. To avoid such a state, the DBMS ensures that all of a transaction's database operations are completed before they are committed to the database. For example, a credit sale requires a minimum of three database operations: 1. An invoice is created for the sold product. 2. The product's inventory quantity on hand is reduced. 3. The customer accounts payable balance is increased by the amount listed on the invoice. If only parts 1 and 2 are completed, the database will be left in an inconsistent state. Unless all three parts (1, 2, and 3) are completed, the entire sales transaction is canceled.…

    • 4933 Words
    • 20 Pages
    Powerful Essays
  • Good Essays

    Transaction Processing Systems (TPS): are the basic business systems that serve the operational level of the organization. And it is also a computerized system that performs and records the daily routine transactions necessary to conduct business.…

    • 926 Words
    • 5 Pages
    Good Essays