Question

In: Economics

IMPORTANT NOTE*****Read the following scenario, and write one or two paragraphs to answer each of the...

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.

Solutions

Expert Solution

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.


Related Solutions

IMPORTANT NOTE*****Read the following scenario, and write one or two paragraphs to answer each of the...
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.Describe how a TPS would help the managers of this company keep track of orders and inventory. b.Identify...
Write 3 paragraphs for each of the following Define spectrophotometry? Why is it important as an...
Write 3 paragraphs for each of the following Define spectrophotometry? Why is it important as an analytical chemical method of analysis? What are the main components of spectrophotometer? List the main types of spectrophotometer and differentiate between them? How does matter absorb radiation? How does a spectrophotometer measure absorbance?
Question Two Read the scenario and answer the following questions. Heather Williams is the manger and...
Question Two Read the scenario and answer the following questions. Heather Williams is the manger and owner of Perfect Beauty Hair & Cosmetics located on High Street. She has been an entrepreneur for the past five years and has learnt a great deal about human behavior. Some of her stylists are self- motivated. However. There are a few that are lazy and need constant supervision to perform their duties responsibly. There are also a few technicians who create conflict and...
Write 2 Paragraphs! Each paragraph should answer and discuss the questions below. (One paragraph for each...
Write 2 Paragraphs! Each paragraph should answer and discuss the questions below. (One paragraph for each question.) Question #1: Vanessa notices that even though her 80 year old grandmother keeps her thermostat set at 80 degrees, she still wears a sweater in her house. When Vanessa asks her grandmother why, her grandmother tells her she is cold. Vanessa can't understand this and asks you for an explanation. What would you tell her? Question #2: Tess is diagnosed with a disease...
Part 1: Please read the following scenarios. For each scenario, answer the following questions: a) what...
Part 1: Please read the following scenarios. For each scenario, answer the following questions: a) what is the independent variable, b) what is the dependent variable, and c) is this a between-subjects or within-subjects design? A child psychologist wants to determine the effects of cloth versus paper diapers on toilet training. Day-old infants will be used to begin the project. The age at which diapers are no longer needed (to the nearest week) will be determined. A researcher wants to...
Write your responses in complete sentences. Each answer should be two - three paragraphs (150 –...
Write your responses in complete sentences. Each answer should be two - three paragraphs (150 – 250 words) in length. 1. What are the four characteristics of perfect competition? Explain what would happen if they were absent from a market?
Write your responses in complete sentences. Each answer should be two - three paragraphs (150 –...
Write your responses in complete sentences. Each answer should be two - three paragraphs (150 – 250 words) in length. 1. What is Marginal Revenue? For both Perfect Competition and Monopoly, explain the relationship between marginal revenue and demand.
Write your responses in complete sentences. Each answer should be two - three paragraphs (150 –...
Write your responses in complete sentences. Each answer should be two - three paragraphs (150 – 250 words) in length. 1. Two conditions for Monopolistic Competition are that there are a large number of firms and the good is differentiated. Explain why these conditions exist.
DISCUSSION (APA reference is required) Direction:Do not answer questions directly ,WRITE one to two paragraphs Wilson...
DISCUSSION (APA reference is required) Direction:Do not answer questions directly ,WRITE one to two paragraphs Wilson is a 36-year-old migrant worker. He was admitted to the Hospital with a cough, unintended weight loss, and night sweats. He is staying with 6 friends in a one bedroom apartment near the strawberry field where he works. The ED physician suspects Tuberculosis (TB). What diagnostic testing will the Provider order to confirm a diagnosis of TB? What Isolation precautions do you expect to...
In not more than two paragraphs each, write short notes on the following concepts in gender...
In not more than two paragraphs each, write short notes on the following concepts in gender and communication. a. Gender equality b. Gender mainstreaming c. Gender equity d. Gender stereotyping
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT