THE USE OF COMPUTER IN INFORMATION MANAGEMENT TECHNOLOGY

1.       Computer ensures accuracy of  processed data once the correct data has been fed into the  computer

2.      They provide  rapid  retrieval of information for example , the status of supplies account could be viewed on the computer screen 

3.      They  enable individual   mangers to obtain across to information needed

4.      They can carry out calculations that would be time consuming or practically impossible  by other means . specific areas of  application with regards to planning and budgetary control

include

–       Linear  programming to establish optimum production  level

–      Marginal cost and revenue calculations for profit maximization

–      Updating of standards under a  standards costing system or budget under a system of rolling  plan

–      Trend , analysis for sales forecasting