Information and Communication Technology by flow Knowledge

Author:flow, Knowledge
Language: eng
Format: epub
Publisher: Knowledge flow
Published: 2015-04-30T16:00:00+00:00

Manufacturing products

Booking system

Typical booking system must tackle the booking requests from many different sources and these all will be arriving at same time.

In real-time system every input is processed so that the resulting output will be ready before the next input is processed.

The inputs are requests.

The processing involves retaliating if booking is possible, and if so then making the booking.

The outputs are confirmation/rejection.

Banking payment system

EFT (ELECTRONIC FUND TRANSFER) is a system that does money transfer instructions that is sent directly to a computer system that is of that particular bank.

Receiving one of these instructions, computer automatically transfers the particular specified amount from one account to another.

Therefore various transfer instructions come from other banks.

Using cash machines like ATM.

ATM is used for the services like withdrawing cash, balance enquiry, transferring and paying bill.

On a day’s very often used technique is the online banking technique, where the work can be performed sitting at home.

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