QUESTION 1. Alpha Corporation is a merchandising company that sells computer parts. Alpha Corporation uses a perpetual inventory system. The following transactions were completed by the company during June 2010: June 7 Purchased 25 Ergonomia monitors from Office Shop on account at a unit cost of $200. June 9 Sold 6 Ergonomia monitors to Computer World Inc. on account for $350 each. June 11 Sold 10 Ergonomia monitors to Best Corporation for $3‚200 cash. June 15 Purchased 20 Ergonomia
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A Secondary Research Study on Inventory Management Table of Content 1. Introduction-------------------------------------------------------------------------------- 1 2. Inventory Management------------------------------------------------------------------ 2 3. Effective inventory management is a crucial aspect of a successful business practice------------------------------------------------------------------------------------- 3 3.1 Mismanaged Inventories -----------------------------------------------------------
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This project is aimed at developing a Computer-Based Sales and Inventory System for MySolutions. This system can be used to store the details of the inventory‚ update the inventory based on the sale details‚ produce receipts for sales‚ generate sales and inventory reports periodically etc. This is one integrated system that contains both the user component (used by salespersons‚ sales managers inventory managers etc) and the admin component (used by the administrators
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Ishikawa diagram From Wikipedia‚ the free encyclopedia Ishikawa diagram Cause and effect diagram for defect XXX.svg One of the Seven Basic Tools of Quality First described by Kaoru Ishikawa Purpose To break down (in successive layers of detail) root causes that potentially contribute to a particular effect Ishikawa diagrams (also called fishbone diagrams‚ or herringbone diagrams ‚ cause-and-effect diagrams‚ or Fishikawa) are causal diagrams that show the causes of a certain event -- created
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One issue is infrequent large orders vs. frequent small orders. Large orders will increase the amount of inventory on hand‚ which is costly‚ but may benefit from volume discounts. Frequent orders are costly to process‚ and the resulting small inventory levels may increase the probability of stock-outs‚ leading to loss of customers. In principle all these factors can be calculated mathematically and the optimum found. A second issue is related to changes in demand (predictable or random) for the
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Data Dictionary entry for a process from 1 to 5 Data Dictionary entry for a process 1 Process Name : Accept Order Process Number : 1 Purpose : Collect customer details‚ order details and store these details Input Data Flows : ORDER DETAILS Output Data Flows : CUSTOMER DETAILS‚ ORDER DETAILS Process description : This process accepts all customer order to rent DVDs and then stores all customer details and order details in the memory. Notes : The system stores the customer and order details
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titled Library Management System is Library management software for monitoring and controlling the transactions in a library .The project “Daet Municipal Library Management System” is developed in java‚ which mainly focuses on basic operations in a library like adding new member‚ new books‚ and updating new information‚ searching books and members and facility to borrow and return books. “Library Management System” is a windows application written for 32-bit Windows operating systems‚ designed to help
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Chapter 7 Inventory Management ◊Distinguish dependent from independent demand inventories ◊Describe the four basic types of inventories and their functions ◊Understand the costs of inventory and inventory turnovers ◊Understand ABC classification‚ ABC inventory matrix and cycle counting. ◊Know RFID and how it can be used in inventory management ◊Understand the EOQ model and its underlying assumptions ◊Understand the Quantity Discount and the EMQ Models and their relationships with the basic EOQ model
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Introduction 2 KNOWLEDGE MANAGEMENT VS INFORMATION MANAGEMENT 5 KNOWLEDGE MANAGEMENT CONTROVERSIES 5 POSSIBLE CONSTRAINTS IN THE IMPLEMENTATION OF A KNOWLEDGE MANAGEMENT PROGRAM 6 CASE STUDY ON THE SUCCESSFUL IMPLEMENTATION OF KM: 6 THE EVOLUTION OF KM AT BUCKMAN LABORATORIES. 6 CASE STUDY ON THE FAILURE OF KNOWLEDGE MANAGEMENT 8 ANATOMY OF A FAILED KNOWLEDGE MANAGEMENT INITIATIVE: LESSONS FROM PHARMACORP’S EXPERIENCES 8 BENEFITS OF KNOWLEDGE MANAGEMENT 9 DATA MINING 10 FACTORS INFLUENCING
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Activity Diagram Administrator Inventory System Use Case Descriptions Inventory Use case: Search Item Actor: Sales Clerk Description: The system will search the item. Use case: Look Up remaining stocks. Actor: Sales Clerk Description: The will Look Up if they are enough stocks for the item. Use case: Look Up Item Price Actor: Sales Clerk Description: The system will look up the item price. Use case: Produce item details Actor: Sales
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