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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INVENTORY SUB SYSTEM A PROPOSED STUDY ON THE COMPUTERIZATION OF VISHAY INVENTORY SYSTEM In Partial Fulfillment of the Requirements of the course Of Bachelors of Information Technology Proposed by: Rhyan Fer M. Leyte Rowell D. Codizal John Dominic Y. Bentulan Ivan F. Porteza Jayson S. Palomo Rangee E. Gaer July 13‚ 2013 1.1 BACKGROUND OF THE STUDY Vishay Intertechnology was founded in 1962 by Dr. Felix Zandman. It began operations with a patented technology
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Just-in-Time Inventory System Xingyu Wang ACCT-518 Kettering University Just-In-Time Inventory System Due to the changing economic flows that are happening around the globe‚ management is certainly looking for a way that their business can adopt to it. Customer preferences is not the only determining factor that management consider nowadays‚ but also the development that caused by climate change and the increasing cost of raw materials. These factors urge managers to look for a better way of managing
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the amount of inventory on hand‚ which is costly‚ but may benefit from volume discounts. Frequent orders are costly to process‚ and the resulting small inventory levels may increase the probability of stock-outs‚ leading to loss of customers. In principle all these factors can be calculated mathematically and the optimum found. A second issue is related to changes in demand (predictable or random) for the product. For example having the needed merchandise on hand in order to make sales during the appropriate
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Manual and IT-Based Sales Accounting System Risks Copy Right: Anthony Butka Ralph Avallone Hong-Ming Yen Executive Summary Case Synopsis We meet Sally St. James of St. James Clothiers who has a retail clothing store in Tennesse. Sally has decided to abandon her manual sales entry system and convert to a more sophisticated IT-based application. As the audit engagement team we have been asked to review narratives of former years and then draft a narrative for the new system. We will address the
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PRACTICAL:-1 Introduction to ERP system. Information is crucial in the day to day operations and long-term success of large corporations down to small businesses with barely a handful of employees. Effectively managing and accessing needed information in a timely manner is a key success factor in business. It is often recommended that businesses explore an enterprise resource planning (ERP) system. But what is an ERP system and can they really make a difference in accessing your businesses
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Chapter 1 INTRODUCTION Now‚ in our society all over the world technology is the most important advancement‚ a necessity in bringing about progress as we move along in this computerized world. These changes in effect make man’s life easier and more convenient. The relationship between the library and computer is constantly changing that the use of computer contributes to the way man learns and communicates. It easy in this world to strive for changes and since library is no different from any
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Inventory Management Problem QRB/501 August 30‚ 2010 Abstract The purpose of this paper is to discuss an inventory management problem that currently exists within the California Department of Corrections and Rehabilitations (CDCR). This paper will focus solely on a sub-division of CDCR. The sub-division that will be discussed in this paper is North Kern State Prison. A proposal will be created to describe the organization as well as the inventory problem it faces. The proposal will
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CREDIT POINT SYSTEM OF EXAMINATION FROM MAY 2012 THE CREDIT POINT SYSTEM HAS BEEN INTRODUCED 1. 2. 3. 4. 5. The name and codes of existing subjects remain unchanged. Each subject of study is assigned credit points as given in Annexure. The credit points are assigned‚ keeping in view‚ the level of examination and the difficulty level of the subject. The above system will allow flexibility to the candidates to choose subjects of his/her choice from the available subjects and accumulate
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Demerit point system Demerit points are added to your driver’s licence‚ if you are convicted of breaking certain driving laws. The rules are different depending on if you are a new driver or have a full licence. You don’t lose demerit points on your driving record. You start with zero points and gain points for being convicted of breaking certain traffic laws. They stay on your driving record for 2 years from the date you received the offence. For G1 and G2 level drivers‚ the licence is suspended
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