In: Economics
IMPORTANT NOTE*****Read the following scenario, and write one or two paragraphs to answer each of the sub-questions below:
Consider a small, but growing, company that distributes kitchen supplies. The customers are primarily small retailers such as kitchen specialty stores, hardware stores, and other types of home retail stores. Managers currently keep track of all customers, orders, and inventory information using a spreadsheet.
a. If a TPS was set up to automate the order entry and inventory system, provide two examples of reports that could be produced at the Managerial Level, and one example of a report that could be produced at the Strategic Level. Explain and describe the reports.
Ans.
- If a TPS was set up to automate the order entry and inventory system
o Two examples of reports that could be produced at the Managerial Level are in the nature of the scheduled performance reports and exception tracking reports. Some examples are :
Exchange Logs - are postings of all exchanges prepared during a framework run and incorporate buy request shows or deals registers.
Mistake (Edit) Reports - blunder reports list exchanges discovered to be in blunder during the preparing. They distinguish the mistake and at times additionally list the relating expert document or information base records.
Detail Reports - detail reports are removes from the information base that rundowns records fulfilling specific standards.
Rundown Reports - average outline reports created by TPSs incorporate fiscal summaries.
o one example of a report that could be produced at the Strategic Level is the for e..g Asset Management report which tracks the assets of the organization or human assets.