CHAPTER II Review of Related Literature This study deals with the review and analysis of the literature and studies relevant to inventory management techniques that the researchers will be using in the optimization. It consists of information culled from studies and literature‚ both local and foreign‚ from which this study is subject to. This chapter will certainly help in giving the reader a better understanding of what is Economic Order Quantity model and Dynamic Programming to optimization
Premium Inventory Operations research Supply chain management
LOCAL RELATED LITERATURE Lopez 1978 conducted a study on a restaurants in baguio city and found out that: 1. Restaurants are largely sole proprietorships in organization‚ they are mostly owned by Filipinos‚ although many others are owned by Chinese and Americans; 2. Most restaurant personnel are male‚ single and predominantly high school graduates; 3. In terms of available facil;ities and practices‚ the following are found: a) on service facilities‚ entrance and exits are properly situated‚ good
Premium Hamburger Beef Fast food restaurant
The first plenary headed by Mr. Adolfo Aran III‚ a Virtual Marketing Consultant‚ alumni of University of the Philippines and De La Salle University and member of the Board of Directors as introduced by Dr. Amado L. Magsino has presented an overview of Digital Marketing. “Good More-earnings!” a very graceful greeting from Mr. Adolf Aran. It is the way business entrepreneurs greet as he said. His presentation started with a fun ice breaker which students from different universities participated
Premium Marketing Social network service Facebook
© Kamla-Raj 2010 J Soc Sci‚ 23(2): 135-142 (2010) Inventory Management: A Tool of Optimizing Resources in a Manufacturing Industry A Case Study of Coca-Cola Bottling Company‚ Ilorin Plant S. L. Adeyemi* and A. O. Salami** *Department of Business Administration‚ University of Ilorin‚ P.M.B 1515‚ Ilorin‚ Kwara State‚ Nigeria **Department of Management Science‚ Ladoke Akintola University of Technology‚ Ogbomoso‚ P.O.BOX 4000‚ Oyo State‚ Nigeria KEYWORDS Optimization. Resources. Efficiency. Economic
Premium Inventory Economic order quantity Operations research
REVIEW OF RELATED LITERATURE The review of the literature for this study focuses on creating computerize inventory system for Cavite State University Marketing Main Campus. In order to create we need to find some helpfull resources about the study. Related Literature Janes (2001) stated that computers are extremely reliable device and very powerful calculators with some great accessories applications like word processing problem for all of business activities‚ regardless of size‚ computers
Premium Computer Personal computer Database management system
CHAPTER II REVIEW OF RELATED LITERATURE AND STUDIES 2.1Foreign Related Studies 2.1.1 Computerized Inventory Management System According to Thomas M. McHugh (2011) computerized inventory management systems provide many benefits that are hard to obtain using paper methods or an in-house spreadsheet. Systems that are specific to the lab can be used relatively quickly without a significant learning curve or system customization. The ability to analyze the inventory‚ item usage‚ purchasing history‚
Premium Inventory Inventory control system Biometrics
AMA EDUCATION SYSTEM LUCENA CAMPUS LC Pc Net Sales and Inventory System A Case Study Presented To The Dean and Faculty Of Department of Computer Studies AMA COMPUTER COLLEGE LUCENA CAMPUS In Partial Fulfillment Of the Requirement in the Subject System Analysis & Design Irish R. Banayat Ana Luna Loberio Jasper Amiel R. Magnaye Mhelieza R. Magnaye October 2010 CHAPTER I INTRODUCTION Background of the Study Technology has taken a big leap forward in 21st century‚ with computer
Premium Inventory Computer Software engineering
CE‚ cross-functional teams‚ and modern quality management. Second‚ this study by carrying out 6 interviews within the Chinese plants in four Swedish-Chinese based companies identifies the main challenges of interaction of design in Sweden and manufacturing in China (2 pilot companies and 2 target companies). The most frequent challenges are spotted as cultural clashes‚ ineffective collaboration‚ frustrating verification process‚ inadequate management system‚ and lack of technical knowledge. By including
Premium Cultural studies China Reward system
Local 9. Ace Hardware implements robust point-of-sale and inventory management system Solving the problem of real-time links between retail outlets’ point-of-sale systems and headquarter inventory databases. Just a few years ago‚ if someone went into their local Ace Hardware store and bought a new cordless drill‚ it would have taken several days before corporate headquarters was aware of the sale. With 5‚100 stores stocking more than 65‚000 parts in 50 states and 70 countries‚ it was hardly
Premium Inventory Warehouse Supply chain management
Local Literature An article from The Philippine Star dated August 7‚ 2012 by Louella D. Desiderio entitled “Businesses urged to use Internet to push products”. It shows that businesses are advised to use the Internet for promoting their products and services as more consumers are going online to research before making purchases. Companies should consider using online advertisements for the products and services they offer as more and more people are using the Internet to research goods they plan
Premium Advertising