A study on inventory replenishment policies in a two-echelon supply chain system [pic] References and further reading may be available for this article. To view references and further reading you must purchase this article. H.T. Leea‚ [pic]‚ [pic]and J.C. Wub aDepartment of Business Administration‚ National Taipei University‚ 151‚ University Rd.‚ San Shia‚ Taipei‚ 237 Taiwan‚ ROC bInstitute of Business and Management‚ Lunghwa University of Science and Technology‚ 300 Wan-shou Road
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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 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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Local Studies Students Performance under retention policy In 1998‚ University of the East College of Business Administration under her leadership was listed by the Professional Regulation Commission (PRC) as the number 3 top performing school with over 100 examinees. This continuous performance is the reason that it granted a second level re-accreditation by The Philippine Association of Colleges and Universities Commission on Accreditation (PACUCOA). Together with the retention
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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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INTRODUCTION Inventory management is vitally important for any business that sells a physical product. An inventory system must balance having enough inventories on hand to meet the demand of customers while investing as little money as possible in inventory. Perishable products add another dimension of management considerations because they must be cycled through the inventory system more quickly and stored in a way that preserves their value. An inventory control system is an integrated package
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of an inventory system considers which needs the inventory system addresses. These include valuing the inventory‚ measuring the change in inventory and planning for future inventory levels. The value of the inventory at the end of each period provides a basis for financial reporting on the balance sheet. Measuring the change in inventory allows the company to determine the cost of inventory sold during the period. The inventory level and changes allow the company to plan for future inventory needs
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Priscila --part Inventory System Summary Introduction Many companies are using inventory systems for their success and growth. Inventory systems have a variety of functions purposes in businesses. Promoting the sales and shrinkage control are two main functions of inventory system. Promoting the sales function deals with availability of sufficient products for the customers where as shrink age control function deals with monitoring the occurrence of damage loss‚ or theft‚ etc. of the products
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society and will continue to find ways to improve and better peoples live. Through this change the researcher will design a proposed system for Robles Bakery that would therefore answer the needs or the establishment in their method of giving in their employee’s salary. The purpose of this is to make their way of computing the payroll easier. Background of the Study Robles Bakery was established on June 21‚ 1985‚ by Mr. Mario Larcia at 50 M. Paulino Street San Pablo City Laguna. Robles Bakery was
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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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