Preview

Video Rental System

Satisfactory Essays
Open Document
Open Document
286 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Video Rental System
This proposal consists of a DSS project in video rental industry. The project will help the video store to make their business more efficient in terms of sales. The main problem in video stores is that they do not have enough copies of certain movies(mostly new releases). This DSS project will address this problem and it will estimate the number of copies of a certain movie that a video store needs by considering theatre sales, ratings, reviews and current account holders.
The user of this system will be the manager of the video store. By using this system, the manager will be able to modify the video store in a best way that appeals to the customers. When the customers enter to the store, they will be able to find the release they want much easier and much quicker. With the help of the DSS, the store will not run out of copies and will be able to satisfy more customers.
The system will need to access 2 types of data. They are, the database of the members and movie statistics. By accessing the database of members, the system will be able to determine the movie genres that the customers prefer the most and make them most accessible to the customer. Movie statistics will play a big role in determining the correct amount of copies in a specific movie title to purchase.
By implementing this system, the video store will have a competitive advantage over other video stores in the area and a greater overall productivity in terms of sales. In the long run, this project will strengthen the asset turnover in the video store and help the video store to make more
Continue Reading
View Writing Issues

You May Also Find These Documents Helpful

  • Powerful Essays

    Bis/220 Week 3 Information Systems Proposal
    • 884 Words
    • 4 Pages

    Bis/220 Week 3 Information Systems Proposal

    Every customer can use the company software to record and download music to an iPod or an electronic device for easier transportation. Music can also be stored on a desktop or laptop hard drive, a CD Rom and can be transferred from computer to computer for trouble-free mobility. Customer service lines will be set-up to track consumer feedback and to support the business development according to the needs of the consumers. Using a variety of information systems can provide the basics for essential services, new products, and a strategic advantage that will result in higher sales and…

    • 884 Words
    • 4 Pages
    Powerful Essays
    Read More
  • Good Essays

    BIS 220 Week 2 Proposal
    • 641 Words
    • 3 Pages

    BIS 220 Week 2 Proposal

    Brick & Mortar, Nostalgic Record Store is offering music for every genre to include tracks, cassette tape, vinyl records and CD’s. With information systems rapidly growing this will allow our business to rapidly grow with convenience as business owners and to our customers. “Information Systems are combination of hardware, software, infrastructure and trained personnel organized to facilitate planning, control, coordination, and decision making in an organization” (Information Systems, 2013). These systems will provide customers the choice of how they would like their music formatted, for example an online download or on a track player. Information systems will help our business develop a plan, and manage the daily operations of the company.…

    • 641 Words
    • 3 Pages
    Good Essays
    Read More
  • Good Essays

    Marketing Plan for Redbox
    • 924 Words
    • 4 Pages

    Marketing Plan for Redbox

    Redbox is a DVD/Blu-Ray rental company which utilizes kiosk machines placed in convenient, high-traffic locations. The first Redbox kiosk was opened by McDonald’s in 2002. Redbox was later purchased by Coinstar, Inc., and over the years, Redbox has rented over one billion movies and has grown to more than 27,000 locations in restaurants, grocery stores, pharmacies and convenience stores nationwide. Redbox proves to be a very unique way to rent DVD’s and by the nature of Redbox’s rental process, most businesses would benefit from the increased traffic generated by having a kiosk machine at their location. This type of relationship proves to be a win-win situation for both Redbox and the businesses which are housing the kiosk machine.…

    • 924 Words
    • 4 Pages
    Good Essays
    Read More
  • Better Essays

    BUS 219 Netflix Final Paper
    • 4031 Words
    • 10 Pages

    BUS 219 Netflix Final Paper

    They use that same algorithm to predict what is going to be popular and how much stock they will need. This maximizes profits by preventing the storage centers from overstocking on movies that will be in lower demand. Netflix has several distributions centers across the globe; this also helps to maximize their profits because they do not have to maintain individual store locations. This paper will explain how Netflix’s use of this algorithm and data analysis supports their competitive advantage and differentiation strategy.…

    • 4031 Words
    • 10 Pages
    Better Essays
    Read More
  • Good Essays

    Bis/220 Week 2 Essay
    • 792 Words
    • 4 Pages

    Bis/220 Week 2 Essay

    Q & J Records is a small record company that buys and sells CD’s and DVD’s. Our goal is to be one of the world’s most lucrative independently owned records stores. The company will expand our services internationally where customers can buy the hardcopy of the CD or DVD and have them mailed to them or customers can download them online using or hard drives. Q & J Records, at present, is in need of several types of information technologies for the business to grow, and to run accurately and accordingly in today’s business world. These information systems will allow the business to conduct its daily activities successfully and professionally.…

    • 792 Words
    • 4 Pages
    Good Essays
    Read More
  • Satisfactory Essays

    Bis 220
    • 454 Words
    • 2 Pages

    Bis 220

    In opening a new business we must take a look at the types of information systems to use to launch our business out the public. As a new nostalgic record store we must see ways for us to buy and sell records. In this summary I will be proposing two types of information systems with descriptions of each type and why it would be best suited for our record store.…

    • 454 Words
    • 2 Pages
    Satisfactory Essays
    Read More
  • Best Essays

    Information Security Policy
    • 3396 Words
    • 14 Pages

    Information Security Policy

    Sunica Music and Movies is a company that currently has four locations. This business is ready to improve the way they do business by implementing a computerized network that will allow for centralized accounting and inventory as well as starting a web-based e-commerce site. The following document provides an in-depth look at the implementation of policy and procedures that will help this transition to become successful.…

    • 3396 Words
    • 14 Pages
    Best Essays
    Read More
  • Good Essays

    Competition in the Movie Rental Industry: Netflix and Redbox
    • 1722 Words
    • 7 Pages

    Competition in the Movie Rental Industry: Netflix and Redbox

    With the growing increases in technology and home entertainment, there are major forces pushing for change in the movie rental industry. In addition to this; we now live in a world where people want something and they want it NOW. I work in retail and this “in the now” era is…

    • 1722 Words
    • 7 Pages
    Good Essays
    Read More
  • Powerful Essays

    Blockbuster Netflix Case Analysis
    • 1542 Words
    • 7 Pages

    Blockbuster Netflix Case Analysis

    Blockbuster is an American-based chain of VHS, DVD, Blu-Ray, and video game rental store that has over 5,000 stores in the U.S. The rise of online rental service providers such as Netflix greatly reduced Blockbuster’s market share. As a result, Blockbuster re-launched its online rental service to remain competitive on the market. Blockbuster faced many risks in the past decade, leading to its sharp demise. The biggest risk that Blockbuster faced was the its massive infrastructure that makes implementing changes to meet the demands of the changing technological environment difficult. Furthermore, the operating expenses to sustain business were astronomical while business was declining. Thus, management faced pressure from creditors to cut costs in order to stay afloat. Another risk that Blockbuster faced was its “no late fee” initiative that caused a costly buildup of inventory. This caused cash flows and revenues to suffer, causing stock price to hit rock bottom, further risking the firm’s reputation as a firm worth investing in. However, its success lies in its well-known brand and important relationships with movie studios that rely on it as a major distribution channel and source of revenue.…

    • 1542 Words
    • 7 Pages
    Powerful Essays
    Read More
  • Good Essays

    Redbox Case
    • 686 Words
    • 3 Pages

    Redbox Case

    1. What are the chief elements of Redbox’s strategy? Which of the five generic competitive strategies discussed in Chapter 5 most closely fit the competitive approach that Redbox is taking? What type of competitive advantage is Redbox trying to achieve?…

    • 686 Words
    • 3 Pages
    Good Essays
    Read More
  • Powerful Essays

    Eco 550 Assignment 3
    • 1441 Words
    • 6 Pages

    Eco 550 Assignment 3

    Today, due to advancement in technology, movie rental companies are running away from the old methods of video renting and have now embraced internet as a business tool. With internet, movie Rental company are able to rent the videos where a customer pays using online merchants like PayPal and the movie is delivered by mail or in one’s digital television. It is also worth to note that there is increasing number of video machines in major stores across US.…

    • 1441 Words
    • 6 Pages
    Powerful Essays
    Read More
  • Powerful Essays

    Movie Rental Business
    • 4618 Words
    • 19 Pages

    Movie Rental Business

    Chipotle Mexican Grill is a restaurant company specializing in fast food. Started in Denver, Chipotle now operates 1,230 stores in 41 states in the District of Columbia, Canada, and the United Kingdom. Chipotle serves a limited menu that is highly customizable. They pride themselves on serving high - quality raw ingredients together with classic cooking methods that are grown in a sustainable and human manner. For 1993, Chipotle has launched first and enjoyed rapid growth and increasing success. In 2011 alone, revenues reported are $2.3 billion. Chipotle has seen its revenues and net income increase in each of the past five years. It has expanded rapidly even through national economic hardships and uncertainty and has seen its profit margins grow healthily the past three years. Chipotle should continue its growth in the United States both increasing density in current locations as well as expanding into areas that, as of now, are untapped by Chipotle. Also, after achieving initial success in Chipotle should continue to test the next market by slowly entering other major cities but keep their focus on domestic expansion. With this stated expansion, Chipotle should continue and increase its use of the smaller, more efficient a Model style restaurant. Chipotle has recently hired workers in its restaurant and is the current target probes in multiple states. In addition, Chipotle tighten its hiring policies and possibly help them gain the right to live and work in a second home run. The last…

    • 4618 Words
    • 19 Pages
    Powerful Essays
    Read More
  • Powerful Essays

    Redbox: Marketing Within the Box
    • 1637 Words
    • 7 Pages

    Redbox: Marketing Within the Box

    REDBOX is a “Coinstar Company that rents DVDs for a dollar a day through vending machines in more than 25,000 convenience store, supermarkets, and fast-food restaurants” (Kolter and Armstrong, 2012, p. 370). REDBOX was the first of its kind to offer affordable daily DVD rentals from a kiosk. REDBOX is still in competition with Blockbuster and Netflix in the DVD rental market. However, REDBOX is a step ahead. They realize the high cost of rental and membership fees consumers can endure, so they offer a unique distinguishing marketing tool, $1 a day rentals. Imperative to their success, REDBOX uses a sophisticated software system designed to skillfully deliver DVDs to consumers instantly at the touch of a button. REDBOX does not anticipate cutting back on its products or kiosks; instead they are diligently trying to fulfill higher demands from consumers by using the future of technology. “REDBOX operates more than 24,000 DVD rental kiosks in McDonald’s, Walmart, Walgreens,…

    • 1637 Words
    • 7 Pages
    Powerful Essays
    Read More
  • Powerful Essays

    Netflix Information System
    • 1867 Words
    • 8 Pages

    Netflix Information System

    One of the most important technologies that support Netflix’s customer relationship management is its custom-built intelligent agent. An intelligent agent is artificial intelligence software that helps or acts on behalf of the user to perform repetitive-computer related tasks (Haag 224). In particular, Netflix uses a buyer agent, also known as a shopping bot. A buyer agent is an intelligent agent on a website that assists the consumer in finding a product or service that he or she wants (Haag 225). Netflix’ shopping bots use two techniques in order to predict customers’ DVD preferences: collaborative filtering and adaptive filtering. Collaborative filtering is when a customer is matched with a group of users who have similar tastes. Then, the customer is presented with common selections in that group (Haag 225). Adaptive filtering is when the consumer is asked to rate a product or situation and then monitored over time (Haag 226). Ultimately, Netflix will know what the customer likes and dislikes. By using a hybrid technique, Netflix is able to give…

    • 1867 Words
    • 8 Pages
    Powerful Essays
    Read More
  • Good Essays

    Nt1310 Unit 3 Assignment 1
    • 753 Words
    • 4 Pages

    Nt1310 Unit 3 Assignment 1

    Improving a company’s system helps aid in its success in today’s market as well as in the future of the company’s growth and stabilization. this new system that will enable the company to promptly accomplish these requirements without hesitation and will not interfere with the company’s time management protocols or add extra unneeded expenses.…

    • 753 Words
    • 4 Pages
    Good Essays
    Read More

Related Topics