Essays on Inventory

The process of generating an action plan based on my values, awareness, goal-setting, reflection, and plan for my individual development in the context of my education, career, self- improvement, or relationship stimulates me. I have always been a creative and resilient individual that stays with a plan of action until I achieve my desired objective. My ability to tolerate stress normally makes me very resourceful in solving both challenging and new problems, but I am easily bored by the routine. The process of creating my personal development plan (PDP) started with numerous individual evaluations that helped me recognize who Continue reading...

1.1 Describe with examples, some of the characteristics of food production and food and beverage service systems that is in use within the hospitality industry.
The food and beverage industry are a multi-billionaire industry, that has catered to many, making it a new industry that people can look forward to. There has to be a system, that the service directors are using to inherit a food service system that are to be followed by the directors all day-long.An option in food service industry is what we are bound to look for if there has to be a look-out and Continue reading...

Managerial accounting as the name suggests provides information to the internal users of accounts. Internal users include executives, product managers, and sales managers to name a few. Any other user within the organization may also benefit from managerial accounting methods and use the compiled information to make informed decisions that would affect the financial performance of the company. As the information gathered is for internal users there is no compulsion that the data should abide by US GAAP rules (Heisenger & Hoyle, 2013). For example, a sports good manufacturer may add the non-production costs to the inventory as the internal Continue reading...

Job analysis questionnaire

The interview that was handled lasted for at least 20 to 25 minutes as the interviewee provided a full description of her job position and the duties she accomplishes along with it. The 25 year-old head cashier in a 24-hour convenience shop says that this is likely her fourth job position every since she started working seven years ago. She mentioned that so far, this one has been among the most successful and most rewarding positions she has ever taken into account especially considering that she is an immigrant from Mexico who is in dire need of supporting her Continue reading...

Cathay Pacific Airline Limited, which was established in 1946, is a profitable airline that has its operations globally. The company has received many awards due to its efficiency in its operations. Nonetheless, the airline has experienced some challenges in its supply chain, particularly in maintenance, services as well as repairs. Therefore, to permit firm’s maintenance, it needs a sophisticated spare parts management process in its supply chain management (Chopra & Meindl, 2013).
- What are some particular supply chain management issues for spare parts operations that Robert (manager of inventory operations) and Paul (manager of procurement of aircraft components Continue reading...

Vanity Products Company

1: The logistics service and cost constraints imposed on VP by the chain store’s latest demand. The latest request by the chain stores requires that every order should be delivered within five working days regardless of the ordered quantities. The fact that the new orders will be placed directly by the consumers through the EDI software means that they will not be consolidated and may be irregular on the choice of products. The company will experience an increase in the dispatch trips that might even need expansions in the delivery capacity and this will result into an increase Continue reading...

Referring to the latest 10Q(Quarterly) Filings by Colgate Palmolive, i.e. one filed on 24th October, 2013 and 25th July, 2013, we shall be analyzing the changes in working capital and cash management strategies of the company:

Changes in Working Capital:

I) Working Capital Position as at 30th June, 2013:
Beginning with the Quarterly Report filed on 25th July, 2013t, and the company ended the quarter with the total current assets of $4867 Million. Both receivables and inventories contributed with the maximum share to the total current assets, with an amount of $1778 and $1440, respectively. The total cash position of the company Continue reading...

The name of the boutique clothing store is Chic Boutique, where the key activity is trading in clothing, footwear and accessories for female teens and the newly young. Retailing in the latest fashion items, and boasting of the widest range of trends, comfort and confidence for our girls and young ladies is guaranteed from our stores. The boutique aims to provide limited run-way inspired pieces and the very latest trends for the fissionable young ladies at market competitive prices. At Chic boutique, we also cater for comfort items at affordable prices. Our store has highly trained and informed staff Continue reading...

Based on Module 9, describe what failed in the orientation process. Be specific and use examples based on case study.
An orientation program was normally initiated with an objective to introduce the new joiners to their jobs in a formal manner. A new employee comes to know about different aspects of their jobs through a proper orientation, as it elaborates on the information that an employee receives during the selection procedure. The main purpose of an effective orientation program is to introduce the new employee to the organization as a whole, to its co-workers and their work units, apart Continue reading...

Accounting

Introduction
This whole essay is concentrated on the Hershey Company. This essay has been divided into five separate parts. In the first part of an essay, the discussion has been made regarding the Company’s introduction, its major line of operations, the major competitors of the Hershey Company, as well as the expected future growth of this Company. Second part is very important which includes the full discussion of the ratio analysis that has been used for evaluating the Company’s performance. In the third part of an essay, the auditor’s opinion made in the financial statements of Continue reading...

Golf Corporation

Liquidity Ratios:
Current Ratio for the year 2012 = Current Assets / Current Liabilities
Current Ratio for the year 2012 = 2,000 / 2,000
Current Ratio for the year 2012 = 1
Current Ratio for the year 2013 = Current Assets / Current Liabilities
Current Ratio for the year 2013 = 3,000 / 4,000
Current Ratio for the year 2013 = 0.75
Quick Ratio for the year 2012 = Current Assets – Inventory – Prepayments / Current Liabilities
Quick Ratio for the year 2012 = 2,000 - 500/ 2,000
Quick Ratio for the year 2012 = 0.75
Quick Ratio for the year 2013 = Current Continue reading...

• Assuming a constant rate for purchases, production, and sales throughout the year, what are Casa de Diseño exists operating cycle (OC), cash conversion cycle (CCC), and resource investment need?

The existing Disenos’ operating cycle (OC)    

  =average collection period + average age of inventory = (75+ 110) days = 185 days Existing Cash Conversion Cycle (CCC) 
= OC - average payment period = (185 – 30) days = 155 days Resources needed    
=cost of operating cycle investment ×CCC365= ($ 26,500,000 ×155)/365= $11,253,425
• If Leal can optimize Casa de Diseño’s operations according to industry standards, what will the company’s operating cycle (OC), cash conversion cycle (CCC), Continue reading...

I always store commodities such as toilet paper, toothpaste, shampoo, water bottles, etc. in places like drawers, baskets, shelves, etc. I make sure to check the storage twice a month to make sure there is enough of each product. If there is a need, I plan to buy the required products online or from retail stores. I always take care of the expiry date of the products before buying as some of the items have a lead time for several days. Or, when I buy earlier than expiry of existing products, it causes over stocking and exhaustion of space. Continue reading...

Operations management is very crucial a process in the control of activities and decisions involved in the production, maintenance and delivery of goods and services. In encompasses all the activities and responsibilities that are employed in managing resources in production, maintenance and delivery of products and/or services. In at least every organization, there exists an operations arm that is mandated with such tasks of decision making and responsibility taking in trying to manage a company’s resources. This arm of management is usually headed by an operations manager who is responsible for supervisory work in managing these resources that Continue reading...

Supply chain management is one of the processes that control the flow of goods and services. It entails the storage and movement of work-in-progress inventory, raw materials, as well as finished goods from production to consumption level. It is worth nothing that supply chain management incorporates a lot of networks, businesses and channels. Supply chain management focuses on supply management and purchasing operations. There are key purchasing operations and supply management issues. In identifying the key purchasing operations and supply management issues, it is crucial to comprehend the fact that the entire activities are a process (Cetinkaya, 2010). Supply Continue reading...

Introduction

Banking, financial, and even insurance-issuing institutions were badly hit by the global financial crisis that happened in 2007 to 2008. It created a serious domino effect that eventually took its toll on the U.S. Federal Government. The struggling dollar and U.S. economy—the world’s largest economy in terms of GDP, led to a serious wave of financial and stock market corrections that were felt globally, especially in countries whose economy is largely dependent on U.S. commodity and financial supply and consumption. The ultimate effect of the global financial crisis of 2009 was an increased uncertainty and negativity in Continue reading...

The process of generating an action plan based on my values, awareness, goal-setting, reflection, and plan for my individual development in the context of my education, career, self- improvement, or relationship stimulates me. I have always been a creative and resilient individual that stays with a plan of action until I achieve my desired objective. My ability to tolerate stress normally makes me very resourceful in solving both challenging and new problems, but I am easily bored by the routine. The process of creating my personal development plan (PDP) started with numerous individual evaluations that helped me recognize who Continue reading...

PART-1

Activity Based Costing:
Activity Based Costing is one of the most widely used inventory classification models otherwise known as “Always Better Control”. As per ABC categorization, things are categorized on the basis of their consumption value in a year. It recognizes the activities and distributes the cost associated with each resources and activity on the basis of the actual consumption by the products and services. Thus, ABC is a technique to quantitatively measure the performance and cost related to the activities, resources and cost objects. ABC incarcerates organizational cost for the different factors of production and other administrative expenses, Continue reading...

ITunes Music Store Analysis

ITunes music store is a one-stop online shop for digital contents consist of music, apps, movies and, electronic publications. The store is a division of Apple Inc. business focusing on providing contents for Apple-native devices. Consumers can purchase and download either individual tracks or complete albums from the artists of different genres. Unlike other online distribution shops, iTunes is not a subscription service or a stand-alone website, it is an entire application that is normally integrated in the operating systems and it is downloadable from the Apple store’s website. Albums cost between $7.99 and $12.99 but the majority Continue reading...

Management of Working Capital Case Study: George's Trains

Executive Summary
Actionable information on the future and current cash flow, working capital, and capital budgeting are what managers in both small and big businesses work hard to obtain in their daily activities. Working capital is can be used to measure up the liquidity of the operations of the business (Sullivan 2010). It is usually the current assets subtracted from the current liabilities. Managers are normally concerned about working capital and would always seek the best practices to achieve a better working capital management. This report tries analyses the case study of George’s train business with an aim Continue reading...

Internal environmental analysis

Overview of Sara Lee’s market performance and developments
Every business is driven by key objectives that it uses to evaluate the extent to which it has progressed since its inception. These key factors are Market share, profitability and value of a share. Sara Lee Corporation‘s management used these key indicators to assess its progress until they resolved to strategize its business segments to manageable sectors. (Thompson & Gamble,2010). 
Sara Lee has extended its growth over the last 70 years through acquisition of different enterprises to increase its pool of risk and projected revenue basket. Appointment of Brenda Continue reading...

Analysis of Company Audit-Risk Using Financial Analysis Tools

Audit risk occurs when an auditor makes an unqualified report of the company’s state of affairs. This results when he or she omits information that is significant in the procedure. An individual could make an error or fraud, thus causing the misstatement (DiGabriele, 2010). These threats are categorized into inherent, detection and control risks.
Financial analysis is the process of collecting, selecting, evaluating, and interpreting financial information of a company. This is significant in making investment and financial conclusions (Lanier & Saini, 2008). The analyzed data are used for internal activities of the organization such as appraising employee performance. Continue reading...

1.0 Executive Summary
The majority of transporting companies optimize their clients with competitive rates, shorter transport durations, protection of goods, and convenience delivery. Nelson Transport SA shares its objectives many of its competing transport with the aforementioned criteria. Nelson Transport SA specializes in the transport of letters and furniture throughout Switzerland, but currently letter courier is the dominant service. Nelson prefers to stay streamlined with courier and trucking as they find these realms more profitable and better potential for business growth in the transporting industry. Nelson is expanding its vehicular capacity to suit the needs of customer orders, bulk Continue reading...

[Author Name(s), First M. Last, Omit Titles and Degrees]
[Institutional Affiliation(s)]
[Include any grant/funding information and a complete correspondence address.]

Consumers’ purchasing behavior varies according to the product, customer service, physical location of the consumers, and mainly, the product price. The level to which the product price affects consumers purchasing behavior is known as price sensitivity, and it varies depending on the consumers and the products. Price sensitivity also depends on the consumer’s income, such as, fixed or fluctuating income, and time to inquire a product. Consumers with less income are more sensitive towards product price. Continue reading...

Executive Summary

This paper espouses the application of lean management system of Just in Time Distribution (JITD) by a manufacturing company called Barilla Spa. At the onset, the fundamental problem in the operations of Barilla is that there are various fluctuations in their pasta orders. These are brought about by several factors like transportation discounts, volume discount, promotional activity, the lack of a minimum or maximum order quantities, product proliferation, long order lead times, poor customer service rates, and poor communication. This case considers all these problems to come up with a better system which primarily involves a more effective and Continue reading...

An organization might prefer a level production arrangement to a pursuit production level especially when its production process is complex and costly to change. This is less costly, and the stock is maintained at a moderately low level. This production level provides an association pad that provides a directive if the actual sales exceed the estimated sales. It also provides a perfect match between the number of laborers to be hired and the prevailing demand. Hiring and dismissing of laborers is executed accordingly depending on the objectives of the association. This ensures that laborers are not idle, as this Continue reading...

Management Accounting for Business Decisions

Executive Summary
This report is very important from the management’s point of view because of the reason that it thoroughly focused on all the major organizational structure, system and the policies of the business. In this report, full analysis of the repair segment, conversion segment, administration department, existing services and inventory management procedures has been made. Moreover, weak areas have been identified, and full recommendations have been made at the ending part of this report in order to convert the weak sections into the stronger section. Overall, this report will provide a clear cut guideline regarding what is Continue reading...

Improving large format printing in Marketing Advantage

Introduction
Marketing advantage is a private company (family owned), based in Salt Lake City, Utah. The major activities of the company include vehicle wrap which is mainly vehicle sales advertising, contract printing done on behalf of external marketing companies which involves customized printing on small marketing type items and lastly , large format printing done on behalf of local companies and national resellers which include printing of flags, banners, signs, tents, giant inflatable and tradeshow displays. All the operations of the company currently takes place on a 19,000 square facility and a total of thirty employees who are both Continue reading...

Ans-1)

There are a number of industries in the world that deem as important one from different standpoints and among them, the name of Health Care industry is one of them. Health care industry is a huge industry, and it requires a high amount of looking after of the patients and other important provisions. Based on the scale of market entities, it is found that health care has a tangible dominance in its existence. It is regarded as tangible in the sense that there are a number of departments and mediums which have been completed for the entire delivery of Continue reading...

Drugs and substance abuse have been on the rise world over. In response to this social problem, there are numerous organizations that are dedicated towards alleviation of this problem. Among the many organizations, there is the Alcoholics Anonymous (AA) and Council on Alcoholism and Drug Abuse (CADA). The organizations have varied methods of approach in the attempt to provide solutions to the problem of alcoholism and drug abuse.

Alcoholic Anonymous (AA)

This organization was founded in 1935 as an international fellowship for mutual aid by Dr. Bob Smith and Bill Wilson. The primary goal for the organization was “to stay sober and Continue reading...

MARKETING STRATEGY FOR FRACE BOOKS

Target Markets
The company’s target market will be readers of both the non-academic and the academic literature who are currently internet users. This is because those targeted are students who source for materials online and the non-academic readers in search of magazines and information material. Frace books will strive to provide accessibility of titles to their online readers since the demand of such materials is high on sites of colleges, book publishers’ websites, and on online academic journals’ websites.
The titles of books to be offered reflect the make-up of the recent trends and developments and individuals’ interests. Continue reading...

Company: Diageo Plc

Industry: Alcoholic Beverage Industry
Diageo Plc is a British, multinational alcoholic breweries manufacturer. The company is headquartered in London, United Kingdom and the primarily operations of the company are related to the manufacturing of alcoholic breweries which includes, wine, spirit and beer. With the market capitalization of $78 Billion, it is the eight largest company registered on the London Stock Exchange.

Diageo is also a proud owner of the leading brands in the alcohol industry as Smirnoff, Johny Walker and Guiness.

Stock Exchange Listing/ Stock Market Activity:
Diageo Plc is registered on London Stock Exchange under the ticker symbol of ‘’DGE’’. With the average volume of 622,398 shares, the company stock price is in the increasing trend. Referring Continue reading...

perceptions of the tattooed person’s character
(Applied Psychology)
(Advanced Statistical Data Analysis)

Authors note

I hereby declare that this work is my own and not copied from any other source and that all sources have been acknowledge.

CHAPTER 1—INTRODUCTION6Purpose of the StudyProblem and Significance Research Question/Hypotheses7 Definition of TermsLimitations DelimitationsAssumptions

CHAPTER 2—LITERATURE REVIEW8CHAPTER 3—METHODOLOGY .Model Research DesignInstrument Data Collection Data AnalysisVariablesLimitations Delimitations AssumptionsCHAPTER 4—RESULTS Data Screening Scale Development Analyses of Primary Hypotheses Analyses of Secondary Hypotheses
CHAPTER 5—DISCUSSION Discussion of Findings Implications of the Limitations on Present and Future Research Recommendations Practical Application of Results Future Research

REFERENCES

Abstract
The purpose of this is to examine how the characters of Continue reading...

Answer 1)

The role of each of the financial statement is explained hereunder:
Income Statement:
Also known as Profit and Loss Statement, income Statement, indicates the net profit or loss of the company during the year.

Balance Sheet:

Also known as the Statement of the Financial Position, Balance Sheet provides information about the financial position of an entity at a given date. Balance Sheet consist of following items:
- Assets
- Liabilities
- Equity
It works on the principle of Assets= Liabilities+ Equity

Cash Flow Statement:

Cash Flow Statement provides information about actual cash transactions in the entity held during the year. The movement of cash Continue reading...

Amazon.com vs. Industry Averages

Amazon.com vs. Industry Averages
Since 2004, Amazon’s online sales have far out-performed its top online retail competitors. By the end of 2012, the company reported $61.1 billion in total sales. Its nearest competitor in the online retail space, Staples, reported $11.8 billion in total sales in 2012 . With such a significant lead over its competitors in total sales, one could assume the company is having strong financial roots. However total sales is only one measure of financial strength. However, to have a deep insight into Amazon’s financial position in the market, a financial Continue reading...

Analysis of Temporal Trends in Persistent Organic Pollutants in

Analysis of Temporal Trends in Persistent Organic Pollutants in Air, Water, Food Chain and Humans in United States
Introduction
Persistent Organic Pollutants (POPs) are synthetic organic chemicals, which are persistent in environment. Its long-range transport leads to global pollution. These materials are lipophilic and they are accumulated in the food chain as they are found in fish and marine mammals (Arnot & Gobas, 2006). These toxic materials are spread in environment through different human activities. They pose adverse effects on air, water, food chain and humans. In United States, over the last two decades there has been a continuous declining Continue reading...

Supply chain management is very vital in the oil and gas industry. The Global Supply Chain Forum outlined that supply chain management would be incorporating major business processes in all the value chains ranging from the original raw material suppliers to the end consumers of the products manufactured. The stakeholders of the supply chain gain value owing to the top notch products, information and services created by the processes (Lambert & Cooper, 2000). The supply chain is ever changing. This modern era brings in some challenges that need to be considered in order to coordinate the system effectively. In this Continue reading...

[Institution’s Name]

Section-A

- Natural Assessment: Natural assessment requires analyzing the natural environment in which a company is doing its operations accordingly. It is required to analyze the environment of natural assessment for a company to make the organization economically and strategically fit and active. Natural assessment is a type of analysis in which, it is analyzed that is the company is operating in a deficiency based analysis and what would be the recommended strategy while operating in such an activity . For a manufacturing or services oriented organization, analysis of natural assessment is important and it is required that Continue reading...

Management

There is so much one can learn from the lecturers that visit our campus, and we were fortunate to have Mr. Sam Obara lecture us on ‘Lean Culture and Leadership Awareness’ (LCLA) on February 26, 2014. Touching upon the subject of TPS, Mr. Obara said that, having witnessed Toyota’s success, quite many companies tried to emulate the TPS process, but very few were successful. It is not the tools that define success, but the way they are used, said Mr. Obara. Mr. Sam Obara brings with him, years of experience, and is a guest lecturer on lean for Continue reading...

Introduction

Material Requirements Planning (MRP) and Kanban control systems are one of the most prominent production planning and inventory control systems of today. These systems are the most popular implementations of push and pull strategies respectively. Speaking of MRP, it is a material control system that tries to maintain adequate inventory levels to ensure that the required materials are available, when needed. MRP is used where there are multiple items with complex bills of materials. It is not suited for continuous processes that are tightly linked.

The major objective of an MRP system is to simultaneously:

- Ensure the material availability, components, and products for customer delivery and planned production.
Continue reading...