Christopher Lim General Merchandising Sales and Inventory System A Project Presented to the Faculty of the College of Sciences Palawan State University In Partial Fulfillment of the Requirement for the Degree of Bachelor of Science in Computer Science Lauzon‚ Morris Alvin G. De Guzman‚ Vav Maria M. CHAPTER I INTRODUCTION This chapter includes the Background of the Study‚ Statement of the Problem‚ Objectives‚ Significance of the Study and Scope and Delimitations. Background of
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Literature-Inventory System Inventory control systems maintain information about activities within firms that ensure the delivery of products to customers. The subsystems that perform these functions include sales‚ manufacturing‚ warehousing‚ ordering‚ and receiving. In different firms the activities associated with each of these areas may not be strictly contained within separate subsystems‚ but these functions must be performed in sequence in order to have a well-run inventory control system. In
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TABLE OF CONTENTS - CHAPTER 11 I. CHAPTER 11 – INVENTORY 1 II. OVERVIEW AND OBJECTIVES 1 A. Overview 1 B. Objectives 1 III. DEFINITION OF INVENTORY 1 IV. INTERNAL CONTROLS 2 V. ESTABLISHING AND MAINTAINING AN INVENTORY 2 VI. VALUING THE INVENTORY 4 A. FIFO 5 B. Weighted Average 6 VII. YEAR-END PHYSICAL INVENTORY 7 VIII. EXHIBITS 8 CHAPTER 11 – INVENTORY The purpose of this chapter of The Guide is to explain the concept of inventory and to discuss the policies‚ guidelines
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Chapter I INTRODUCTION Good decision making is important for organizations to survive. In order for good decision making to occur‚ the proper steps must be taken to ensure accurate information used. Sales and Inventory System (SIS) is a computer-based system that is designed to aid decision makers in making decision that may include multiple attributes‚ objectives and goals. Good decision making tools are necessary to make good strategic decisions. Sales and Inventory Systems are used to collect
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Chapter 1 Introduction Background of the Study In an aim for an efficient & well-managed inventory management system necessities as today’s society the production of a store billing & management system that functions as an easy to check stocks & make a reservation of a costumers in what transaction needed of the costumer. They need to have an efficiently inventory management system makes it necessary considering that the same time is business in the making. This inventory management system
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Chapter 1 Introduction Background of the Study A business is an organization involved in the trade of goods‚ services‚ or both to consumers. One of the three types of business is merchandising. This type of business buys products at wholesale price and sells the same at retail price. They are known as "buy and sell" businesses. They make profit by selling the products at prices higher than their purchase costs. Merchandising activities may include display techniques‚ free samples‚ on-the-spot demonstration
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companies now are making system to be computerized because in this way it can minimize time and efforts consumed by using manual system. One way to save time and effort is to start using Sales and Inventory System. A sale refers to the exchange of product or services for an amount of money or its equivalent while making Inventory in a business is a total amount of goods and the act of counting them. Inventory is merchandise in-stock and on hand‚ also known as stock. Inventory is basically the total
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APPROVAL SHEET Proponents: Morris P. Chavez Ma. Cristyl G. Salva Title: Sales & Inventory System by 4Brothers Trapal Supply Mrs. Michelle Alisna Caiña Instructor October 8‚ 2013 Acknowledgement We would like to thank our instructor‚ Mrs. Michelle Alisa Caiña‚ for guiding and supporting us all throughput this project. His constant reminders and progress report checks have helped us become more focused during this writing process.
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Chapter 1 THE PROBLEM AND ITS BACKGROUND Introduction This research also reflects the change of emphasis in information systems development from developing customized systems to developing tools which are flexible and easy to use. This is a very significant change‚ as it allows end users at all levels in organizations‚ and society as a whole‚ to use technology more actively‚ and to find‚ manipulate‚ and reconfigure information to suit their own purposes. Access to such tools and the information
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Aklan Catholic College INFORMATION AND COMPUTER STUDIES Kalibo‚ Aklan SALES AND INVENTORY SYSTEM OF NOYSKI PETSHOP CHAPTER 1 INTRODUCTION PROJECT CONTEXT Information Technology (IT) refers to techniques used in business for transmitting‚ storing‚ manipulating and retrieving all kinds of data‚ including speech‚ text‚ movie‚ graphics and reports of events such as equipment malfunction‚ intrusion etc. Typically‚ Information Technology relates to the hardware and software that businesses
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