Chapter 12 Inventory Management Multiple Choice Questions 60. Which of the following is not one of the assumptions of the basic EOQ model? A. Annual demand requirements are known and constant. B. Lead time does not vary. C. Each order is received in a single delivery. D. Quantity discounts are available. E. All of the above are necessary assumptions. Difficulty: Medium TLO: 6 Taxonomy: Knowledge 61. Which is an application for RFID tags? A. Monitoring the temperature of fruit
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CHAPTER I LIBRARY MANAGEMENT SYSTEM 1.1. Overview of the Current State Computers have been used within libraries since the 60s; initially isolated tasks were automated‚ but these systems have evolved over the years and today they are used virtually for a wide range of complex tasks from the management of all the administrative and routine operations of libraries to information organization‚ storage and retrieval‚ communications and more. Throughout the years‚ computer-based system used within libraries
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Answer: 3) Write the formula for Cost of Goods Sold when using the Periodic Inventory Management System? Answer: 4) What are the two main characteristics that define an objective (as opposed to a goal) Answer: 5) In a flow chart what is the shape that defines a decision to be made with two possible outcomes? Answer: The shape that defines a decision is diamond. 6) What are 5 of the most important words that systems or business analysts should think about when they are determining business
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HW #4 (Chapter 9 Inventory Management) (Due: Feb 25‚ 2014) Please do the following all four problems: Prob. 2 (p.337) “Prince Electronics‚ a manufacturer of consumer electronic goods‚ has five distribution centers in different regions of the country. For one of its products‚ a high-speed modem priced ……..” Prob. 4 (p.337) “Oakwood Hospital is considering using ABC analysis to classify laboratory SKUs into three categories: those that will be controlled ……..” Prob. 6 (p.337) “Yellow
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1 . Under a perpetual inventory system ‚ when a shortage is discovered __________ d . Merchandise Inventory is credited 2 . The inventory data for an item for November are : Nov . 1 Inventory 20 units at 20 4 Sold 10 units 10 Purchased 30 units at 21 17 Sold 20 units 30 Purchased 10 units at 22 Using the perpetual system ‚ costing by the last-in ‚ first-out method what is the cost of the merchandise sold for November d 610 3 . The inventory data for an item for November
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San Beda College – Alabang A.Y 2012 – 2013 INVENTORY SYSTEM FOR ROCELO OPTICALS System Analysis and Design Harold Kenneth Malabanan Chenee Mae Espina Keith Rocel Bucad Janeil Araojo Jerrylyn Rose Gavilla Ms. Bautista July 28‚ 2012 APPROVAL SHEET THIS PAPER ENTITLED‚ “INVENTORY SYSTEM FOR ROCELO OPTICALS” submitted in partial fulfilment of the requirements in System Analysis and Design (SAD). HAROLD KENNETH MALABANAN CHENEE MAE ESPINA KEITH ROCEL BUCAD JANEIL ARAOJO
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wants you to know about that aspect; this is the main idea – The main idea of a paragraph on President Obama as a public speaker may be: President Obama is a charismatic speaker who uses his oratorical skills to encourage the American people in times of crisis. • Prioritize Reading Assignments o Ask what is important to remember Is the information stressed in headings‚ charts‚ tables‚ captions‚
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ABC analysis (Inventory) In supply chain‚ ABC analysis is an inventory categorization method which consists in dividing items into three categories‚ A‚ B and C: A being the most valuable items‚ C being the least valuable ones. This method aims to draw managers’ attention on the critical few (Aitems) and not on the trivial many (C-items). Prioritization of the management attention Inventory optimization is critical in order to keep costs under control within the supply chain. Yet‚ in order
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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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ABC Analysis is an inventory categorization method which divides items into three categories‚ A‚ B‚ C: A being the most valuable items‚ B being the average valuable items and C being the least valuable ones. Inventory analyzed under the ABC method is classified in order of profitability to the company‚ Class A inventory accounts for 80 percent of revenue‚ class B inventory for 15 percent of revenue and class C for 5 percent of revenue().The supply manager can thus identify inventory items that yields
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