Professional Documents
Culture Documents
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officially joined the computer industry having its vision to bring and maintain its
frontier of bringing the people the best and latest trends in Information
Pina St., General Santos City. In a short span of time, it brought a good customer
relation, guaranteed after sale services and evolved as one of the major player in
fast growing market, it was relocated to a bigger and better site at Door 3
was established on December 8, 2003, at Aquino St., Koronadal City under the
registered name Marbel Computer Center. Then, it was added by a new branch,
the Davao Branch1, which began its full operation on August 28, 2006, located at
Door 6, 8 and 9, Cirineo Bldg., Palma Gil St., Davao City. Afterwards, General
Santos City Branch expanded its territory at J. Catolico St., Ronquillo Bldg.,
the family tree was formed, the Cagayan De Oro City Branch, which is sited at
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Ramon Magsaysay Memorial Colleges- Marbel Inc.
Alunan Avenue, Koronadal City
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178 Yakapin St., Cagayan De Oro City on February 18, 2009 and was
transferred to its new location Marel 1 Bldg. Tiano Gomez St. Cagayan de Oro
establishment. Through this, Dwinar Computer Center Butuan City Branch was
built and started its operation on September 11, 2010. In succeeding year, an
additional Branch was put up, the Davao Branch2-Dover Lanes Bldg. Padre
Gomez St. cor Bonifacio, Davao City which last March 8, 2012. Another
opens, the Valencia City branch, located at Door # 15,DBL Bldg. A. Catarata-L.T,
Beyond doubt, the Dwinar Computer Center is making all the ways and
means to reach every individual to cater all their IT needs with a guaranteed
service offered. All of its branches are equipped not just with the latest trends of
IT products but also with its workforce who specialize with the best in its chosen
field. In the years to come, Dwinar Computer Center will continue to reach out to
any other places not only in Mindanao but in the whole Philippines bringing the
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Ramon Magsaysay Memorial Colleges- Marbel Inc.
Alunan Avenue, Koronadal City
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CHAPTER II
PROBLEM:
1. FORECASTING
It is vital for a company to have a good planning for the future demand to
maintain the success of the business. However, a lack of good forecast opens
the opportunity of negative impact to the operation and growth of the business.
importance of having a good forecast for the future demand that results a bulk
addition, they also experience out of stock which entice their customer to look for
to level the inventory against the demand and to avoid obsolescence which
reduces the profitability of the business since the company is dealing with
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Ramon Magsaysay Memorial Colleges- Marbel Inc.
Alunan Avenue, Koronadal City
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2. INVENTORY CONTROL
Having too much inventory can cause a huge amount of holding cost and having
too little can trigger reordering which means additional ordering cost.
sales support. But, as long as products are being sold, there will always be some
returns.
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Ramon Magsaysay Memorial Colleges- Marbel Inc.
Alunan Avenue, Koronadal City
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DATA:
Since the MCC have huge kinds of computer spare parts, we just pick one of the
most important components of the computer which is the processor. Below are
the data gathered provided by the company from April 2018 to March 2019 actual
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Ramon Magsaysay Memorial Colleges- Marbel Inc.
Alunan Avenue, Koronadal City
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Date QTY
2/1/2019 2
3/1/2019 2
5/1/2019 6
5/1/2019 3
9/1/2019 3
10/1/2019 3
11/1/2019 1
01/14/2019 1
01/17/2019 7
01/18/2019 10
01/22/2019 1
01/24/2019 3
01/25/2019 22
01/30/2019 4
01/31/2019 9
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Ramon Magsaysay Memorial Colleges- Marbel Inc.
Alunan Avenue, Koronadal City
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Transmission Detail
2018-10-20
Branch: Koronadal MCC
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Ramon Magsaysay Memorial Colleges- Marbel Inc.
Alunan Avenue, Koronadal City
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SPEAKER
PHILIPS 18.5"
10/11/2018 4000 193V5LSB23 PC 1
10/11/2018 4004 AOC 18.6 (E970SWN) PC 1
SEAGATE 500GB
10/11/2018 4611 Pipeline PC 1
10/18/2018 4201 EPSON L380 PC 2
10/18/2018 4202 EPSON L120 PC 1
10/20/2018 102146 WL 320GB (WL0320A) PC 2
KINGSTON 4GB1600
10/20/2018 3009 DDR3 PC 7
10/20/2018 4607 TOSHIBA 500GB PC 1
10/20/2018 4612 WD 500GB BLACK PC 2
10/20/2018 5811 CV5 700W PC 2
10/20/2018 8344 A4TECH HS-7P PC 1
120MM 12V FAN
10/20/2018 6601 WITHOUT LED PC 6
10/20/2018 6606 MULTI COINSLOT PC 2
Form
Co Name: Date:2018/10/20
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Ramon Magsaysay Memorial Colleges- Marbel Inc.
Alunan Avenue, Koronadal City
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Chapter III
Using the data gathered, below are the solutions and recommendations
1. FORECASTING
forecast of demand is essential for determining how much capacity or supply will
for the success of daily activities of every business organization. Forecast error is
the difference between the value that occurs and the value that was predicted for
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Ramon Magsaysay Memorial Colleges- Marbel Inc.
Alunan Avenue, Koronadal City
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Three commonly used measures for summarizing historical errors are the
mean absolute deviation (MAD), the mean squared error (MSE), and the mean
absolute percent error (MAPE). MAD is the average absolute error, MSE is the
average of squared errors, and MAPE is the average absolute percent error
(William J. Stevenson). The formulas used to compute MAD, MSE, and MAPE
are as follows:
MAD
forecast error
n
MSE
(error) 2
error
actual
MAPE 100%
n
individual highs and lows in the data offset each other when they are combined
variability than the original data. Three techniques for averaging are:
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Ramon Magsaysay Memorial Colleges- Marbel Inc.
Alunan Avenue, Koronadal City
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Yt Yt 1 ... Yt n1
Ft 1
n
Where:
Ft 1 = forecast for time period t + 1
Yt = actual value in time period t
n = number of periods to average
average, except that it typically assigns more weight to the most recent
Where:
wi = weight for the ith observation
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Ramon Magsaysay Memorial Colleges- Marbel Inc.
Alunan Avenue, Koronadal City
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understand.
Where:
absolute deviation (MAD) and mean squared error (MSE), and 3 months moving
average and weighted moving average to get the standard error to compare
Figure 4.1 Forecast using 3 months weighted average in MS excel showing formula.
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Ramon Magsaysay Memorial Colleges- Marbel Inc.
Alunan Avenue, Koronadal City
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Figure 4.2 Forecast using 3 months weighted average method with standard error.
3 Months 3 Months
Error=A -
Month Actual Moving Weighted Absolute Squared
F
Ave. Moving Ave.
April 9 - -
May 15 -
June 35 -
July 56 20 24 32 32 1024
Aug 19 35 42 -23 23 536.6944444
Sept 26 37 34 -8 8 64
Oct 42 34 29 13 13 177.7777778
Nov 19 29 33 -14 14 191.3611111
Dec 45 29 28 17 17 294.6944444
Jan 77 35 36 41 41 1694.694444
Feb 23 47 57 -34 34 1133.444444
March 10 48 45 -35 35 1201.777778
April - 37 26 -
SUM -9.666667 217 6318.444444
AVE. -1.07 24.11 702.05
MAD MSE
STANDARD ERROR 10.0
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Ramon Magsaysay Memorial Colleges- Marbel Inc.
Alunan Avenue, Koronadal City
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Ramon Magsaysay Memorial Colleges- Marbel Inc.
Alunan Avenue, Koronadal City
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Figure 5.2 Forecast using 3 months moving average showing its standard error
With the above solution, researchers recommend that the company will
use Moving Average method because its standard error which is 9.7 is less than
the company from the possible obsolescence while having enough inventories for
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Ramon Magsaysay Memorial Colleges- Marbel Inc.
Alunan Avenue, Koronadal City
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business that buys and resells goods. Typical goals of inventory management
include maintaining low inventory holding costs while also meeting all customer
demand for goods. (Neil Kokemuller). Economic order quantity (EOQ) model
identifies the optimal order quantity by minimizing the sum of certain annual costs
that vary with order size and order frequency (William J. Stevenson). To compute
2 DC o D
EOQ Q * Annual ordering cost Co
Ch Q
Q Q
Average inventory level Annual holding cost C
2 2 h
Where:
Q = number of pieces to order
EOQ = Q * = optimal number of pieces to order
D = annual demand in units for the inventory item
C = ordering cost of each order
o
C = holding or carrying cost per unit per year
h
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Ramon Magsaysay Memorial Colleges- Marbel Inc.
Alunan Avenue, Koronadal City
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Using the data provided (see figure 1) by the company we computer the EOQ:
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Ramon Magsaysay Memorial Colleges- Marbel Inc.
Alunan Avenue, Koronadal City
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With this solution, the company may able to determine how much quantity
to order to level the inventory against the market’s demand and to minimize
inventory cost.
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Ramon Magsaysay Memorial Colleges- Marbel Inc.
Alunan Avenue, Koronadal City
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respond in market demand and gain customer’s satisfaction. After defining how
volume of order, the next question is when to order. Reorder point (ROP) is when
the quantity on hand of an item drops to this amount, the item is reordered. The
time between ordering a good or service and receiving it is called lead time
(William J. Stevenson).
ROP 21 units
With the given data in figure 2, we compute the ROP using the formula below:
Note: Since the demand is not constant, we compute the daily average
demand base on the given data (figure 2).
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Ramon Magsaysay Memorial Colleges- Marbel Inc.
Alunan Avenue, Koronadal City
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stockout due to demand and/or lead time variability.The reorder point then
ROP d L + SS
Where:
SS safety stock
ROP = d X L + SS
= (5 units per day X 4 days) + 10 units
= 20 units + 10 units
= 30 units
Expected demand during lead time is 20 units, and the desired amount of
surge at any point during the cycle it will trigger another order. Once that order
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Ramon Magsaysay Memorial Colleges- Marbel Inc.
Alunan Avenue, Koronadal City
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the inventory. Determining how much to order and when to reorder can save the
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Ramon Magsaysay Memorial Colleges- Marbel Inc.
Alunan Avenue, Koronadal City
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Probability is a numerical statement about the likelihood that an event will occur.
2. The sum of the simple probabilities for all possible outcomes of an activity
must equal 1.
Base on the data in figure 3, product returns of Marbel Computer Center from
the month of October 2018 are 18, 16, 3, 3, and 23 unit and PC per day.
For the month of October (27 days hence Sunday is not included), the owner
18 9 0.33 (=9/27)
16 1 0.04 (=1/27)
3 7 0.26 (=7/27)
3 2 0.07 (=2/27)
23 8 0.3 (=8/27)
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Ramon Magsaysay Memorial Colleges- Marbel Inc.
Alunan Avenue, Koronadal City
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accounts payable
Guiding and teaching the costumers the basic way of proper handling may
A clear and transparent warranty policy should be properly realized for the
- The end -
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