Chapter 2 REVIEW OF RELATED LITERATURE AND STUDIES This chapter is about the related literature and studies of both local and foreign. It takes in article/magazine‚ books‚ internet/web and related thesis according to the same studies. Related Literature CHAPTER 2 REVIEW OF RELATED LITERATURE AND STUDIES In order to develop a thorough understanding and deeper insight into previous works and trends that is relevant to the subject‚ as well as to reach specific goals of the study‚ the researchers
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LOCAL RELATED LITERATURE Lopez 1978 conducted a study on a restaurants in baguio city and found out that: 1. Restaurants are largely sole proprietorships in organization‚ they are mostly owned by Filipinos‚ although many others are owned by Chinese and Americans; 2. Most restaurant personnel are male‚ single and predominantly high school graduates; 3. In terms of available facil;ities and practices‚ the following are found: a) on service facilities‚ entrance and exits are properly situated‚ good
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The first plenary headed by Mr. Adolfo Aran III‚ a Virtual Marketing Consultant‚ alumni of University of the Philippines and De La Salle University and member of the Board of Directors as introduced by Dr. Amado L. Magsino has presented an overview of Digital Marketing. “Good More-earnings!” a very graceful greeting from Mr. Adolf Aran. It is the way business entrepreneurs greet as he said. His presentation started with a fun ice breaker which students from different universities participated
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Study In an aim for an efficient & well-managed inventory management system necessities as today’s society the production of a store billing & management system that functions as an easy to check stocks & make a reservation of a costumers in what transaction needed of the costumer. They need to have an efficiently inventory management system makes it necessary considering that the same time is business in the making. This inventory management system helps you increase revenue because it saves processing
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Related Literature-Inventory System Inventory control systems maintain information about activities within firms that ensure the delivery of products to customers. The subsystems that perform these functions include sales‚ manufacturing‚ warehousing‚ ordering‚ and receiving. In different firms the activities associated with each of these areas may not be strictly contained within separate subsystems‚ but these functions must be performed in sequence in order to have a well-run inventory control
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(2010) Inventory Management: A Tool of Optimizing Resources in a Manufacturing Industry A Case Study of Coca-Cola Bottling Company‚ Ilorin Plant S. L. Adeyemi* and A. O. Salami** *Department of Business Administration‚ University of Ilorin‚ P.M.B 1515‚ Ilorin‚ Kwara State‚ Nigeria **Department of Management Science‚ Ladoke Akintola University of Technology‚ Ogbomoso‚ P.O.BOX 4000‚ Oyo State‚ Nigeria KEYWORDS Optimization. Resources. Efficiency. Economic Order Quantity. Demand and Sales. Production
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order for good decision making to occur‚ the proper steps must be taken to ensure accurate information used. Sales and Inventory System (SIS) is a computer-based system that is designed to aid decision makers in making decision that may include multiple attributes‚ objectives and goals. Good decision making tools are necessary to make good strategic decisions. Sales and Inventory Systems are used to collect data‚ analyze and shape the data that is collected‚ and make sound decisions or construct
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talkers‚ special offers‚ and other point-of-sale methods. Most of the small scale businesses use manual inventory system where they write orders‚ deliveries‚ expenses‚ and sales per day‚ bad order‚ and details about the product and so many more‚ where in there is a lot of paper works‚ slow data processing‚ unsecured‚ and is not user-friendly. Above all this hassles it is time consuming and is difficult in managing records. In manual inventory system the work is slow and so the money will moves
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Sales and Inventory System of Bounty Fresh Chooks to go 1. EXECUTIVE SUMMARY This business project will address current business concerns‚ the benefits of the project‚ and the recommendations and justifications of the project. This business case also discusses the project goals‚ performance measures‚ assumptions‚ constraints‚ and alternative options. Sale’s and inventory system is manufacturing companies rely on forecasting to project demand to schedule production. Production rates are
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Relationship of Sales and Inventory In order for your sales force to do its job‚ there must be enough inventory on hand to sell. A successful relationship between sales and inventory operations involves either a predictable rhythm of inventory turnover as a result of consistent sales‚ or dependable communication between the two divisions so the inventory department will know how much the sales department needs. In order for this system to function smoothly‚ the sales department must have a clear
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