One issue is infrequent large orders vs. frequent small orders. Large orders will increase 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
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Tru-Fit Part‚ Inc 1. What would you recommend to top management regarding the three problems they have identified? a. Transfer Price I recommend that manufacturing divisions and AM Marketing division should have an agreement on the standard of transfer pricing. To prevent any unnecessary dispute. the availability of the standard transfer pricing method is very important . The dispute may exist due to incentive bonus plan which relates to sales volume to AM Marketing division (plant’s actual
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expects to be able to open by double-clicking the document’s icon. In order to keep track of the files and stay organized‚ file management system has become a major strategic factor in companies’ development. It is important to get the right information circulated to the right people‚ as efficiently as possible‚ yet still keep it secure. File management system provides a way for companies to organize their information‚ in all its forms‚ in one place. OVERVIEW
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Week 4 4.7 Case Study “Wolf Peak International: Failure and Success in Application Software for the Small Business to Small to Medium Enterprise” 1) Problems with upgrades from Quick books to new accounting software package? How could they have avoided? These problems could have been avoided if when they made the initial decision for replacement of QuickBooks‚ they should have advised with a finance person before the change and or never made the change in the first place. Quick books was
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An Introduction to Use-Case Modeling One of the primary challenges is the ability to elicit the correct and necessary system requirements from the stakeholders and specify them in a manner understandable to them so those requirements can be verified and validated. The hardest single part of building a software system is deciding precisely what to build. No other part of the conceptual work is a difficult as establishing the detailed technical requirements‚ including all the interfaces to people
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Use case name: Request for Plotter sheet ID: 1 Importance level: High Primary actor: Student Short description: Events to happen when requesting for a plotter sheet. Trigger: Filled in Plotter Sheet Type: External Major Inputs Major Outputs Description Source Description Destination Subject Student EDP Code Student Filled in Plotter sheet Student Time Student Days Student Room No. Student Major Steps Performed Information for Steps
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Case Study: AirTex Aviation (Textbook p. 246) Suggested practice/discussion questions: Group Presentation 1. Did AirTex need a new control system at the time of takeover? 2. Evaluate the control system that Frank and Ted implemented. Class Discussion 3. Should anything have been done differently? Case Study: AirTex Aviation “Hello‚ Sarah. This is Ted Richards.” Ted was on his way to resign from his job. He and his business partner Frank Edwards had just bought AirTex Aviation‚ a floundering
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variable. As volume changes‚ the different overhead cost behavior patterns cause per-unit manufacturing cost to fluctuate considerably. As a result‚ some method is needed to determine an amount of overhead charged to the units produced. ❖ Use of a Predetermined Overhead Rate ▪ Because of the impossibility of tracing overhead to specific jobs or specific products‚ overhead cost is allocated across jobs and units. ▪ A predetermined overhead rate
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CHAPTER 1 INTRODUCTION 1. BACKGROUND OF THE STUDY Dataworld Computer Center has been providing quality computer products and services to the leading business‚ government and educational institutions in Northern Mindanao (Region X) since 1983. Being the first vendor in the region to effectively provide its clients with a complete range of information technology solutions‚ they offer a wide range of quality computing products that provide appropriate and affordable solution that addresses
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FAST FACTS Capital : Iloilo City Area : 5‚324 sq. km Population : 1‚765‚476 Cities : Iloilo City No. of Towns : 43 LOCATION Iloilo is on southern Panay Island in western Visayas. It is bounded on the north by Capiz‚ on the east by the Visayan Sea and Guimaras Strait‚ on the west by Antique‚ and on the south by Panay Gulf and Iloilo Strait. Iloilo City is a highly urbanized city. It has an area of 68 sq. km and a population of 309‚505. THE LAND Mountains ranges with peaks as high
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