CHAPTER 3 METHODOLOGY In this Chapter‚ we present the method that we used to develop the System. The method that we used is called System Development Life Cycle (SDLC). The SDLC parts are System Planning‚ System Analysis‚ System Design‚ System Implementation. The SDLC method is the one that most IT programmers used in gathering and creating System. 3.1 System Planning This is the first stage in creating the system. First‚ we identify the problem that occurs during the enrollment at
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Inventory Management Introduction Inventory definition The Basic Relationship- Average Inventory Types of Inventory Reasons to Hold Inventory Methods to Supervise Inventory Visible Costs of Inventory Hidden Costs of Inventory What Increases Inventory Inventory Management Effective Inventory Management Myths in Inventory Management Why is Inventory Management Important Economic Order Quantity (EOQ) Just-In-Time Management (JIT) Essential Aspects of JIT Kanban JIT is Not Possible
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considered one of the most important thing that mankind has ever discovered with the help of cosmetics our daily life become easier by means of human hygiene because of cosmetics and detergent by the help of Silka Cosmetic Asia. This research studies focuses on the progress and development of Silka Cosmetique Asia. Silka Cosmetique Asia is one of the most leading manufacturer and retailer of top quality cosmetics products not only in Philippines but also in Asia region. In 2001 Silka Cosmetique
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1.1 Introduction: This days in most of the business important and utmost priority is in‚ measuring and enhancing return on investment (ROI)‚ at its most simplistic‚ when we measure ROI we calculate the financial return for all expenditures. Increasingly organizational managers want to know what strategies and tactics capture the highest return. In the last dozen years as technology has improved our measurement and tracking capabilities managers have realized they need a better understanding
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remain competitive‚ manufacturing moved to third world countries to take advantage of low cost labor. Manufacturing lead time is between 2 and 4 months and transportation lead time is between 4 and 6 weeks. Today Big Brand orders inventory 5 to 9 months before the inventory is introduced to the public. 1.1 Retail Business Challenges Here are some operational facts that Big Brand was facing in its European retail segment: 1. Big Brand has over 200‚000 SKUs overall‚ when size and color are considered
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An overview of Research Methodology Research defines as a scientific and systematic search for pertinent information on a specific topic . In fact‚ research is an art of scientific investigation. The term research refers to the systematic method consisting of enunciating the problem‚ formulating a hypothesis ‚ collecting the facts or data ‚ analyzing the facts and reaching the certain conclusions either in the form of solutions toward the concerned problems or in certain generalizations for
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real-world problem. At approximately 8:30 A.M.‚ it arrives in the form of status reports on inventory and orders shipped. At the top of an extensive computer printout is a handwritten note from Joe Donnell‚ the purchasing manager: "Attached you will find the inventory and customer service performance data. Rest assured that the individual inventory levels are accurate because we took a complete physical inventory count at the end of last week. Unfortunately‚ we do not keep compiled records in some
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Transformation Process 8 Production and Operations Management 10 Product Design 13 Process Design 16 Automation 18 The Production Manager 21 POM in India: First 40 Years of the Republic 25 • Summary 28 References 29 Keywords 29 Case Study I—Kishore Biyani and Big Bazaar 30 Case Study II—Rover-Honda 32 Concept Review Questions 33 Project Assignments 34 2. Service Operations Management Services Scenario in India 36 Medical Tourism in India 37 Characteristics of Services 39 Classification of Services 42 Service
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InvUnit 8 Overview Inventories - Part 1 This unit covers Chapter 6 which includes an overview of the controls needed for inventories‚ explanation of the three inventory cost flow assumptions (FIFO‚ LIFO and Average Cost methods) and using these inventory costing methods under a perpetual inventory system Chapter 6: "Inventories" Chapter 6: "Inventories" describes how companies maintain control over their inventories and account for the inventory costs as inventories are purchased and sold.
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MANAGEMENT OF INVENTORIES Inventory management – involves the control of the assets that are used in the production process or produced to be sold in the normal course of the firm’s operations. It can also refer to assets that are bought and sold in a trading concern business. Purpose of inventory – To uncouple the operations of the firm – that is‚ to make each function of the business independent of each function – so that delays or shutdowns in one area do not affect the production and
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