advantages of an Activity Based Costing System: The first and most important advantage is the accuracy in the process of costing with regards to the product line‚ the end-users of the product‚ the stock-keeping units employed by the management and the channel and category which streamline the flow of the product from the producer to the end user. This system better assists in the process of understanding the concept of overheadcosts i.e. the allocation of common business resources as they are used
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Introduction and its Background Introduction Inventories are very essential to meet the shareholder needs and demands for financial information. A computerized inventory stock system helps the companies to keep track of their inventory from initial purchase to final sale automatically. It may contain quantities‚ description‚ price‚ purchasing of items‚ the stock – in and out‚ total amount of products on initial purchase and making reports on the inventory. A store sells certain products
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computerized system in our modern time‚ especially on the field of business is undeniable. The manual process in a business may be the cause of poor services‚ unorganized data or unreliable security. In this documentation‚ the big differences of a manual process to a computerized system will be manifest beyond the following chapters. The researcher‚ propose a computerized system to the company of I.T Mechanics. Even though they have a point of sale they don’t have a computerized system when
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2 THEORETICAL/CONCEPTUAL FRAMEWORKS 2.1 Introduction Inventory theory (or more formally the mathematical theory of inventory and production) is the sub-specialty within operations research that is concerned with the design of production/inventory systems to minimize costs. It studies the decisions faced by firms and the military in connection with manufacturing‚ warehousing‚ supply chains‚ spare part allocation and so on; it provides the mathematical foundation for logistics. CURRENT SYSTEM1
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Advantages and Disadvantages of Biometrics Let us now examine the advantages and disadvantages of biometrics in two groups of applications: the commercial positive recognition applications that may work either in the verification or the identification modes‚ and the government and forensic negative recognition applications that require identification. Advantages and Disadvantages of DNA Testing in Biometrics Solutions The ongoing project to map the human genome affects all of us in several
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Advantages and disadvantages of franchising‚ and advice I would give to an entrepreneur who is evaluating a franchise opportunity The advantages for the franchisee The franchisor franchisee relationship is symbiotic-each party provides the other something beneficial it would not have been able to provide for itself. Both gain so both must contribute. The franchisor’s best interest is having each of its outlets succeed‚ and because of this‚ the franchising firm provides a number of advantages to
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Advantages and disadvantages of entertainment to society? Present day entertainments are either good or bad or ugly. Advantages: good ones with pure fun‚ frolic‚ knowledge dissemination through various media keep us in good moods‚ healthy thoughts and entertained. Bad ones can be ignored by matured audience or readers but nonetheless‚ they leave a bad impression on our minds. The ugly ones are those that border on vulgarism like hard core porno entertainments‚ horror movies or badly worded books
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It is true that the internet has made it possible for us to do a lot of things easily; it has a lot of advantages as well as disadvantages to name some of the advantages the internet provides us with unlimited communication and information everything we need to look that can be done just by one click away on the internet. You can even keep in touch with your friends‚ share thoughts with
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Advantages and Disadvantages of Renewable Fuels Solar Energy: Advantages: -Energy is free although there is a building cost. -Causes no pollution‚ however‚ energy may go into machines that produce pollution. -Solar energy can be used in remote areas where it is too expensive to extend the electricity power grid. -Estimated that the worlds oil reserves will last for 30-40 years whereas solar energy is infinite. Disadvantages: -Solar energy can only be harnessed when it is daytime
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Systems Analysis and Design Pre-Final Examination Submission date: October 13‚ 2014‚ 2:00pmRead and analyze the scenario and compute for the development cost of software. Kulafu Advertising Corporation is currently having a problem with regards to determining how many end products they have been produced for weeks and how much raw materials has been used. To eliminate problems they contacted Bulebe Developer Company to create them an automation that will surely lessen their problem. Kulafu provided
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