Inventory System for Mr. K Community Hardware Store ABSTRACT The proposed Inventory System for Mr. K Community Hardware is to automate the manual process of inventory of products‚ providing the fast and easy transaction in the day-to-day operations of the business. The goal of this study is to help Mr. K Community Hardware develop its essential business operations which are the key to improvement of the company. Through the system‚ the business will manage its resources better because it will lessen
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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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Nundies a unique brand of stockings introduced to the market fall 2006. The item to be sold at women’s boutique and specialty shops as well as 10 Neiman Marcus department stores throughout 40 states. Management problem did not seem to be the distribution of the new item in which they shipped out 11‚ 383 units of Nundies to stores through December 2007 and sold 2007 units online. A unit of Nundies consisted of a package of 5 liners. Nudies is a single use disposable panty that sticks to the inseam
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Inventory Valuation Retailers define inventory as intended sellable assets consisting of goods that are available for resale to customers. Manufacturers also maintain three components of inventory. These include “finished goods” which are goods that have been completed and are awaiting sales. Manufacturers may also have “work in process inventory” made up of goods being manufactured but not yet completed. The third category of inventory is “raw materials‚” consisting of goods that are to
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| ADVANTAGES OF DEPARTMENTAL STORES | | 1. The departmental store provides all facilities under one roof to enable the customer to by all his requirements. 2. The central location attracts a good number of customers which increases the sales turnover. 3. Large variety of goods is stored. This has a special appeal to the customers. 4. The financial strength of departmental store enables it to have experts in all sections. 5. Centralized buying helps them to get merchandise at lower cost together
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business is fast and their impact on the economy is becoming bigger. How to manage the inventory effectively and efficiently often is a challenge for these small businesses. The study took place at COMETZ II TRADING‚ a company involved in car accessories. For COMETZ II TRADING two inventory problems‚ stock-out and overstock occur frequently. The company wants to improve its efficiency and is con-sidering a change in the inventory management. Cometz II Trading is the one of the biggest supplier of
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Asian Institute of Computer Studies 3rd Floor JTM Bldg.‚ Regalado Ave.‚ Fairview‚ Quezon City Payroll System System Proposal Presented to Cybertrix Internet Café Caloocan Branch In Partial Fulfillment of the requirements for the Degree of Associate in Computer Science By: Balagbagan‚ Edmar Enriquez‚ Ariel Fortes‚ Alexander V. Gamboa‚ Jaena A. Ramos Melvin A. Vendiola‚ Rancel Jane P. Ms. Sheila A. Bocabal COS-8 Instructress October 2008 August 17‚ 2010 Author & Layout by AlexFortes System Analysis
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Literary Essay-Freaky Friday ’Hate is a feeling that can only exist when there is no understanding’. This quotation from famous 20th century playwrite‚ Tennesse Williams not only shows the underlying message of the film ’Freaky Friday’ directed by Mark Waters‚ but describes the main reason why there is conflict between many countries. The film is based around the conflict between Anna‚ an ordinary rebellious teenager and her overworked mother‚ Tess. After encountering a fortune cookie‚ Anna
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story “The Black Cat” by Edgar Allan Poe‚ but many people have not seen the Egyptian’s paintings with a black cat in it created by the “Kerameikos.” (www.theguardian.com) Although many people have not seen the Egyptian’s artwork‚ but they’ve read “The Black Cat” there are many similarities and differences. They are similar in ways that people don’t understand until they read an essay or story about both items. The paintings of the Egyptian’s are about a black cat. The story of “The Black Cat” is similar
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A NEW APPROACH TO PORTFOLIO MATRIX ANALYSIS FOR STRATEGIC MARKETING PLANNING 1 2 Vladimir Dobrić ‚ Boris Delibašić Faculty of organizational science‚ vdobric@fon.rs 2 Faculty of organizational science‚ delibasic.boris@fon.rs 1 Abstract: Portfolio matrix is probably the most important tool for strategic marketing planning‚ especially in the strategy selection stage. Position of the organization in the portfolio matrix and it’s corresponding marketing strategy depends on the aggregation
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