QUESTION 1. Alpha Corporation is a merchandising company that sells computer parts. Alpha Corporation uses a perpetual inventory system. The following transactions were completed by the company during June 2010: June 7 Purchased 25 Ergonomia monitors from Office Shop on account at a unit cost of $200. June 9 Sold 6 Ergonomia monitors to Computer World Inc. on account for $350 each. June 11 Sold 10 Ergonomia monitors to Best Corporation for $3‚200 cash. June 15 Purchased 20 Ergonomia
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Freshman vs. Senior Year There are a lot of things that can change in a person through their years in high school. As a person progresses through high school grade by grade‚ there are many changes taking place. In these four years a student grows and becomes a stronger student and overall person in life. There are many challenges and obstacles a person goes through these years which is why freshman and senior years of high school are very different. Although they’re only a couple years apart and
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A PROJECT REPORT ON INVENTORY MANAGEMENT SYSTEM A STUDY OF PIDILITE INDUSTRIES UNDER THE GUIDANCE OF: Dr. Anil Sinha Dean ‚Prof. Corporate finance Session: PGDM 09 IILM‚ GREATER NOIDA ACKNOWLEDGEMENT We have prepared this study paper for the “Inventory Management System – A Study of Pidilite Industries”. We have derived the contents and approach of this study paper through discussions with company executives and internet as well as with the help of various Books‚ Magazines and Newspapers etc
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1.0 Introduction 2.1 Background of Study Information system is a collection of hardware‚ software and people that work together to collect‚ store‚ and sort and process information. From the very earliest moments in the modern history of the computer‚ the people and the business world have witnessed the continuous development and growth of computer system that requires meeting the goal of Information technology. We have the completely new world of information and communication
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The next piece in the three parts that make up the criminal justice system is the corrections system. This week we will examine corrections‚ the major goals of contemporary sentencing‚ who is sentenced‚ and how these sentences are formulated. Please respond to all three of the following prompts: * Define‚ then compare and contrast the prison and the jail systems. Jail is a place of detention‚ a place where an individual convicted or suspected of a crime is tained. Jail holds people accused
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Chapter 7 Inventory Management ◊Distinguish dependent from independent demand inventories ◊Describe the four basic types of inventories and their functions ◊Understand the costs of inventory and inventory turnovers ◊Understand ABC classification‚ ABC inventory matrix and cycle counting. ◊Know RFID and how it can be used in inventory management ◊Understand the EOQ model and its underlying assumptions ◊Understand the Quantity Discount and the EMQ Models and their relationships with the basic EOQ model
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Most of the organizations in the sector of retails have invested a huge amount of money in inventories. Inventory management is considered very important for supermarkets due to the fact that it allows the replacement of a great variety of products at the right time and with low costs. As a consequence‚ organizations are focusing on controlling the capital in the activities involved in inventory management. Additionally‚ this field presents many important opportunities for potential improvements
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Compare and contrast the education system in China with the English education system After the appearance of culture‚ an important public service came into being‚ that is education. However‚ different countries have different forms of educations. According to the internet‚ it is found that there are many differences between them education system in China and English education system. The differences between these two education can be seen in terms of teaching style‚ subjects‚ and exams.
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Compare and contrast Toyota’s manufacturing system with a conventional mass-production system. The conventional mass-production system advocates that by producing a limited product line in massive quantities‚ companies can reach efficiency as well as gain economies of scale. However‚ this can create a large amount of extra costs such as the warehouse rents for the excess inventories. Moreover‚ the extreme division of labor and long production runs increase the probability of getting defects‚ which
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paper materials and pens to process the sales and inventory. In this new era‚ there are establishments using automated transaction such as sales and inventory systems while other still depend on the manual procedures like Maureen Edisel Pharmacy. It is owned by Ms. Maureen Edisel C. Igmen‚ it was established on April 28‚ 2007. And it is located at Avenida Veteranos St. Tacloban City. The researchers observed that the current aforementioned system allocates a lot of time and effort in generating receipts
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