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
Premium Inventory Operations research Supply chain management
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
Premium Hamburger Beef Fast food restaurant
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
Premium Marketing Social network service Facebook
This program can be used by the users in performing online reservation via internet for their all business purposes. The software program “Online Bus Reservation System” provides bus transportation system‚ a facility to reserved seats‚ cancellation of seats and different types of enquiry which need an instant and quick reservation. This system can be used by the users. A ticket is a voucher that indicates that one has paid for admission to an event or establishment such as a theatre‚ amusement park or
Premium Computer software Ticket Computer
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
Premium Advertising
CHAPTER II REVIEW OF RELATED LITERATURE AND STUDIES 2.1Foreign Related Studies 2.1.1 Computerized Inventory Management System According to Thomas M. McHugh (2011) computerized inventory management systems provide many benefits that are hard to obtain using paper methods or an in-house spreadsheet. Systems that are specific to the lab can be used relatively quickly without a significant learning curve or system customization. The ability to analyze the inventory‚ item usage‚ purchasing history‚
Premium Inventory Inventory control system Biometrics
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;
Premium Motivation
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
Premium Manufacturing Bangkok Thailand
Chapter 2 REVIEW OF RELATED LITERATURE AND STUDIES This chapter contains the review of related literature and studies‚ conceptual model of the study and the operational definition of terms. Related Literature Many staff and students rely on mobile computing devices for work and personal uses. Laptop computers‚ Personal Digital Assistants (PDAs)‚ USB memory (aka thumb drives)‚ smart phones (mobile phones with advanced communication‚ storage and processing capabilities). They
Premium Text messaging Short Message Service SMS
Related Literature The paper presents a short literature review comparing online evaluations with paper. The Eco nomics department at University of Belgrade‚ Serbia conducted a small pilot in a course of 800students in May of 2006. Half the students received paper evaluations in class and half were directed to complete an identical online evaluation. The paper evaluation received a 92.5% response rate and the online received a 52% response rate after an incentive was introduced. They found tha
Premium Course evaluation Statistical significance