indication is provided that a small percentage of slots is still available in the enormous car parks‚ most drivers do not seem to be able to locate those slots. Car Parking Slot Allocation System is a system that automates the searching and guides drivers on which location is their chosen slot located in the parking area. The system is designed to prevent problems usually associated with parking cars in a certain parking lot. How does it work? When a car is waiting at the entrance‚ the operator will give
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ST. MARY’S COLLEGE OF TAGUM INC. National Highway‚ Tagum City CAR PARKING SLOT ALLOCATION SYSTEM A Thesis Project Submitted to the Faculty of Bachelor of Science in Computer Science In Partial Fulfillment of the Academic Requirements for the Degree of Bachelor of Science in Computer Science (BSCS) Submitted by: Agnes‚ Cesar Ian D. Alivio‚ Cathrine Y. Custodio‚ Jinky Joyce O. Daganio‚ Jecel G. Osic‚ Ralph Raoul C. Submitted to: Mr. Archie C. Ceñas‚ MIM March
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OPPORTUNITY COST & THE FREE MARKET Scarcity is one of the most basic and crucial points to understand in microeconomics.1Scarcity means that we cannot have all the needs and wants to satisfy our desires. Scarcity can be applied to almost anything. Due to the scarcity of products we must make a choice of what we want. We must choose whether to do one thing or another by what we value to be most important to us. This‚ therefore‚ leads to us opportunity cost. Usually when one has to make a decision
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A free market system is the best way to organize the economy. capitalism‚ economic system based on private ownership of the means of production‚ in which personal profit can be acquired through investment of capital and employment of labor. Capitalism is grounded in the concept of free enterprise‚ which argues that government intervention in the economy should be restricted and that a free market‚ based on supply and demand‚ will ultimately maximize consumer welfare. These principles were most notably
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Memory Allocation Now we will discuss about the various memory allocation schemes. Single Partition Allocation In this scheme Operating system is residing in low memory and user processes are executing in higher memory. Advantages * It is simple. * It is easy to understand and use. Disadvantages * It leads to poor utilization of processor and memory. * Users job is limited to the size of available memory. Multiple-partition Allocation One of the simplest methods
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Cost allocation for indirect costs Cost Pool – Set of costs that are added together before being allocated to cost objects on some common basis Cost Driver/ Allocation base Cost Object Cost Driver Rate = Total Costs in Pool/ Total Quantity of Driver Where total quantity of driver = practical capacity of driver Cost of excess capacity = Cost Driver Rate * Excess capacity Predetermined overhead rate - cost per unit of the allocation base used to charge overhead to products. Predetermined
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capitalist or communist societies‚ and analyzing the results both economic systems; one related to a political perspective and the other one entirely relationated to an economical one; have given to the ones that have used them since they were created until nowadays‚ we can realize that it is better to keep the resources or the means of production with a private owner other than society taking the means of production and resources of a country. One of the most important disadvantages communism has
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VIDEO CASE 1 . Is Peet’s market monopolistic or an oligopoly? An oligopoly 2. What are some ways that Peet’s Coffee & Tea tries to differentiate its product offering? Offering free samples and educating their customers about their products. The Peetniks Program. 3. What consumer needs is Peet’s satisfying? The need to feel a part of special group. The need to feel like an informed consumer. KEY TERMS free enterprise - an economic system with few restrictions on business ownership
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Evaluate the Free Market Economy It is essential for every society to have some type of economic system in order to utilize their scarce resources to satisfy people’s unlimited wants. One specific type of economic system is the free market economy; an economy that is based off the citizens choice and not directed by the government. In this economy people can buy and sell goods and services‚ and this is completely controlled by consumers and producers. Every economy has advantages and disadvantages
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disadvantages of market economy? There are many advantages to a free market economy. They range from the moral issues to the practical issues. We will deal mainly with the practical ones. -Unprecedented innovation. Free markets are wrought with inventions and the capital to research them. Countries classified as having a free market have been responsible for the vast majority of inventions since the 19th century. -Very high income mobility. This means that under a free market system it is easier
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