CHAPTER II Review of Related Literature This study deals with the review and analysis of the literature and studies relevant to inventory management techniques that the researchers will be using in the optimization. It consists of information culled from studies and literature‚ both local and foreign‚ from which this study is subject to. This chapter will certainly help in giving the reader a better understanding of what is Economic Order Quantity model and Dynamic Programming to optimization
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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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Related Literature Study Habits Experimental psychology is an area of psychology that utilizes scientific methods to research the mind and behavior. While students are often required to take experimental psychology courses during undergraduate and graduate school‚ you should really think of this subject as a methodology rather than a singular area within psychology. Many of these techniques are also used by other subfields of psychology to conduct research on everything from childhood development
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Local Literature An article from The Philippine Star dated August 7‚ 2012 by Louella D. Desiderio entitled “Businesses urged to use Internet to push products”. It shows that businesses are advised to use the Internet for promoting their products and services as more consumers are going online to research before making purchases. Companies should consider using online advertisements for the products and services they offer as more and more people are using the Internet to research goods they plan
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I. The Quantity Theory of Money This theory‚ developed by the classical economists over 100 years ago‚ related the amount of money in the economy to nominal income. Economist Irving Fisher is given credit for the development of this theory. It begins with an identity known as the equation of exchange: MV = PY Where M is the quantity of money‚ P is the price level‚ and Y is aggregate output (and aggregate income). V is velocity‚ which serves as the link between money and output. Velocity is the
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MOTIVATION Motivation involves a constellation of beliefs‚ perceptions‚ values‚ interests‚ and actions that are all closely related. As a result‚ various approaches to motivation can focus on cognitive behaviors (such as monitoring and strategy use)‚ non-cognitive aspects (such as perceptions‚ beliefs‚ and attitudes)‚ or both. For example‚ Gottfried (1990) defines academic motivation as “enjoyment of school learning characterized by a mastery orientation; curiosity; persistence; task-endogeny;
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CHAPTER II REVIEW OF RELATED LITERATURE AND STUDIES This chapter contains the researched review done by the proponents about the related ideas regarding the social networking. The critique of both related studies and literature that are related to the present study. A. Related Literature Matt Mickiewicz (2010) stated that‚ Social networking refers to the act of building networks of people on specific websites. Social networking takes place among people who share something. A social networking
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LOCAL LITERATURE A. High School Students’ Reasoning Skills and Their Study Habits and Attitude Towards Learning Reasoning involves providing arguments‚ premises‚ justification‚ and evidence to claims or positions. However‚ acquisition of reasoning skills requires much from students. It requires good study habits and positive attitudes‚ as well as good contextual reinforcers and influences. Many educators have noted that learning is dynamic and that it does not occur in a vacuum. Learning happens
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FOREIGN LITERATURE A significant amount of literature is available on inventory systems. A majority of the findings are derived from experiences in the US‚ Japan and Western Europe. Some inventory systems however‚ can be affected by variations in local conditions such as infrastructure‚ customs‚ duties‚ and regulations. Hence‚ it is essential to view such systems in an international context. To frame this research‚ we will examine the literature on operations in NIC countries followed by an analysis
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