"Implications of valuing inventory under fifo and lifo methods of a fast moving consumer goods fmcg company during a period of rising prices" Essays and Research Papers

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    MODULE-I 1.1. INTRODUCTION TO FAKE PRODUCTS "A rural consumer is brand loyal and this also makes it easy to sell look-alike"                                                                                    - Mr. R.V. Rajan‚ CMD‚ Anuragh Fake products are of two types – one: counterfeit products and two: pass-off products.  Counterfeit products are fake products that bear identical name of product/ packaging/graphics/colour scheme and even same name and address as the genuine

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    India a Rising Superpower

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    1. India Rising Pointers * India’s per capita income increased at only around 1% annualized rate from 1950 - 1980 * In the late 2000s‚ India’s growth has reached 7.5%‚ which will double the average income in a decade. * The highest annualized 1999-2008 growth rates are for states Gujarat (9.6%)‚ Haryana (9.1%)‚ or Delhi (8.9%) and lowest Bihar (5.1%)‚ Uttar Pradesh (4.4%)‚ or Madhya Pradesh (6.5%). * India is the eleventh-largest economy in the world and the fourth largest by purchasing

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    Inventory Management

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    Inventory Management What is Inventory Management? Inventory Inventory: A stock or store of goods. Examples Manufacturing firms carry supplies of raw materials‚ purchased parts‚ finished items‚ spare parts‚ tools‚.... Department stores carry clothing‚ furniture‚ stationery‚ appliances‚... Hospitals stock drugs‚ surgical supplies‚ life-monitoring equipment‚ sheets‚ pillow cases‚... Supermarkets stock fresh and canned foods‚ packaged and frozen foods‚ household supplies‚... The

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    1916 Rising

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    People strive for independence and will do anything for it. In 1916 many of the Irish strongly wanted to take hold of Dublin‚ with the purpose to wipe out the British rule in Ireland‚ and hoping to become entirely independent. The Irish wanted to have a republic‚ and become free from the British rule. The leaders before the Easter Uprising started to realize that the public would show their support against the British. The leaders of this rebellion came together to fight for what they believed in

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    inventory management

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    number of units of a particular item it should stock‚ whether it is a new item or a never out item. It first freezes a forecast for its demand for the upcoming season. This figure is a result of a consensus between the product people‚ buyers and inventory managers. Once the predicted demand is frozen‚ L.L. Bean uses its historical demand and forecast data to analyze the forecasting errors. The forecast errors are calculated for each individual item and a frequency distribution of these is made‚

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    known as the “Sultan of Swat” in baseball‚ Wayne Gretzky was known as the “Great One” in hockey‚ and then‚ there is Proctor & Gamble‚ “The Innovators” of marketing.  “Proctor and Gamble (P&G) is one of the most skillful marketers of consumer packaged goods.  It employs 138‚000 people in more than 180 countries: is a global leader in the majority of the 22 different product categories in which it competes; has 23 billion dollar goal brands; and has total worldwide sales of more than

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    Inventory System

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    Definition of Terms. . . . . . . . . . . . .. II. Methods Research Design . . . . . . . . . . . . . . . Respondents of the Study . . . . . . . . . . Instrumentation . . . . . . . . . . . . . . . Data Gathering Process . . . . . . . . . . . Data Analysis . . . . . . . . . . . . . . . . Chapter 1 I.THE PROBLEM and the REVIEW of RELATED LITERATURE Introduction: Craddock Business Services Website and Regirox Store Inventory System; the proposed system is a combination of an advertising

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    Methods of Increasing Productivity Utilizing Inventory Control Systems Master of Science in Operations Management Your Name Date Instructor Term University of I. Introduction The scope of this research paper is to discuss inventory control systems as they relate to the overall production for a company. I will first discuss production factors for companies and costs associated with high inventories. Then‚ switch the focus to describe‚ discuss‚ and compare Just-in-time (JIT) Production and

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    Summary Africa Rising

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    REGENT UNIVERSITY COLLEGE OF SCIENCE AND TECHNOLOGY SUMMARY ON CHAPTER TWO OF AFRICA RISING “AFRICA IS RICHER THAN YOU THINK” The fact is Africa has some of the poorest countries in the world. But the truth is Africa is one of the richest continents in the world. Most of the countries in Africa have GNI higher than China. The concentration of wealth here is a potential market for countries in Africa. And recent entrepreneurial activities have proven that this can be achieved

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    Inventory Management

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    IV-2 INVENTORY MANAGEMENT AND CONTROL INVENTORY MANAGEMENT AND CONTROL concerns most managers of agricultural marketing and supply businesses‚ whether they are retail‚ wholesale‚ or service oriented. The value of a manager to agricultural marketing and supply business depends on his ability to manage inventories effectively. The total cost of maintaining the desired inventory level must be held down to a reasonable figure‚ but the inventory must also be large enough to permit the company to effectively

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