system is the Motoposh. Motoposh is a motorcycle and appliances dealer located at Brgy. Alang-alang‚ Borongan City. It is owned by Mr. Howard Co and managed by Mr. Julius Rex B. Apelado. Due to the manual process that they’re using in their sales and inventory system‚ problems are often encountered in recording different transactions of the company such as‚ Lack of security of their files because they just put their files in a file cabinet. Time consuming in checking their stocks because they just count
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of a focused approach could result in efforts not being spent in areas where the potential for savings is greater. * Finding – There is no facility to check the physical stock with system stock. ( Refer finding # 2) We were informed that the inventory system is not in operation for the past two months due to the computer virus. Hence we could not verify the physical stock with system stock * Finding – There is no evidence of risk management activities in purchase department. ( Refer finding
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CASE: PARTS EMPORIUM • Sue McCaskey‚ the new materials manager of a wholesale distributor of auto parts. • She seeks ways to cut the bloated inventories while improving customer service. • Back orders with excessive lost sales are all too frequent. Inventories were much higher than expected when the new facility was built‚ even though sales have not increased. CASE: PARTS EMPORIUM • Summary data on inventory statistics‚ such as inventory turns‚ are not available. • McCaskey decides to begin
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PART II END-OF-CHAPTER QUESTIONS CHAPTER 10: WAREHOUSING MANAGEMENT 1. Distinguish between warehouses and distribution centers. Warehouses emphasize the storage of products‚ and their primary purpose is to maximize the use of storage space. In contrast‚ distribution centers emphasize the rapid movement of products through a facility‚ and thus attempt to maximize throughput (the amount of product entering and leaving a facility in a given time period. 2. Explain the four ways that
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AC501: Financial Accounting and Reporting Unit 3 Assignment Chapter 7 E7-5 (Recognition of profit for long-Term Contracts) Andre Agassi Construction Company began operations January 1‚ 2008. During the year‚ Andre Agassi Construction entered into a contract with Lindsey Davenport Corp. to construct a manufacturing facility. At that time‚ Agassi estimated that it would take 5 years to complete the facility at a total cost of $ 4‚ 5000‚000. The total contract price for construction of
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Chapter I I. INTRODUCTION Knowing a business’ inventory in small scale business may be hard task and can be inaccurate at times especially if you maintain it manually. Maintaining records on these sheets of papers is time-consuming and it takes a lot of patience to do so. Misappropriation of these records will result to misplacement and damages. Possible errors and shortage and overage will also occur most of the times. Hence‚ manually recording sales where there is a rapid change in technology
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observation. 2.1.1 Major Statement How to create a Computerized Sales and Inventory System for Alta School & Office Supply that will solve the major and minor problems of the store? Alta School & Office Supply using the manual system for the operation of the inventory and the cashier operator transacts all purchases using a cash register. The proponents decided then to develop a computer-based sales and inventory system that the store can use to be able to solve major and minor problems encountered
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Sports Programs The idea of cutting sports programs from colleges to save money is‚ and has been‚ a very debatable and touchy subject for many years; whether you are for or against it. While the titans will forever clash on this subject‚ I am here to persuade you that it is not easy to choose just one side of the argument. There are just too many deciding factors to simplistically pick one side. Like many others I too was‚ and quite frankly still am‚ a little unsure of what side of this sinuous
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Preparation 2. Specific Preparation 3. Pre-Competitive 4. General Competitive 5. Transition Macrocycle 1 2 3 4 5 6 7 8 9 10 11 12 Length of Macrocycles 4 weeks 4 weeks 6 weeks 6 weeks 4 weeks 4 weeks 4 weeks 4 weeks 4 weeks 4 weeks 4 weeks 4 weeks Weekly Program Mon Interval Interval Interval Extended skills (without plyometrics) Recreational activities Tues Weight Weight
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Macy’s Inventory Management Summery: Tying up too much capital in products that are not in demand could be a fatal mistake for struggling small businesses. Moreover‚ Inventory management can mean the difference between success and failure for some companies. According to the New York Times article‚ Macy’s was able to post a profit last quarter thanks in large part to improvements it made to its inventory management system. In spite of the unstable economic conditions and the huge competition
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