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Discount Rate In Manufacturing Company
[A CASE STUDY OF MOUNT OLIVE COMPANY]
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CHAPTER ONE
1.1 GENERAL INTRODUCTION
BACKGROUND TO THE STUDY
Computer is an electronic device which has been accredited as a powerful tools for solving sonic human problems in a faster and sometimes, cheaper way. This project considered the significance and uses of computer in sales and discount rate analysis. Computer needs less human interventions, as it very accurate, informative in sales, and accounts can be stored on it for a very long time. Most problems involves some data or information upon which some actions are required in order to obtain some desire results, thus 3 main phrase can be identify in solving problems with computer by applying computer to Mount Olive Company. It will be automated their job and as well as disable unauthorized person to have access to their information or accounts.
Manufacturing company is a production company whereby they produce different kinds of goods and services for general public use industry computerizing the discount rate of Mount Olive company is to introduce tools that will make their transaction to be perfect and error free.
Introduction of computer application to Mount Olive Company is to help their efficiency areas of sales and expenses on transaction. Discount rate is the reduction of total amount to be paid on a particular commodity, in order to increase the demand of that particular commodity. With the computerization of Mount olive company quality and quantity product will be produced, the production will be very efficient and accurate. Error that may be associated with manual record keeping such as; inconsistency in calculating, data mismatch, record data will be eliminated and increase rate of process, provide proper and maximum security will be used by providing users password. and this program is written in Visual Basic programming (6.0) language which creates database file that will keep all the transaction information when any action is been taken.
1.2 STATEMENT OF THE PROBLEM
PROBLEMS OF THE EXISTING SYSTEM
I gone through the computation procedure of the discount rate, we may find it simple clear and easy to do manually, but when the works becomes voluminous, a large number of problems occurs. This project is therefore design to eradicate these problems which some of them are listed below:
1. Inaccuracy
2. Slow preparation of report
3. Unauthorized access to information
4. Destruction of files and valuable information
5. Movement of file
1.3 AIMS AND OBJECTIVES
The aims and objectives of the computerization of discount rate Mount Olive Company is to minimize error that may be associated with manual record keeping such as inconsistency in calculating and data mitmatch.
This is design to improved management control and increase rate of process, provide proper and maximum security by using user password such as special word like Alphabetic, Alphanumeric Numeric data to represent key, this will also grant proper security for manipulating the program.
Also entails the use of programming language in tabulating and processing of the company activities to design user’s friendly program, proper documentation, easy to debug and also to provide quality, accurate and efficient in nature. It may be upgraded at any time when it is necessary.
The entire manual problem will be provided with solutions, the program contains a form for user to process their data and also code for execution.
1.4 SIGINIFICANCE OF THE STUDY
In order to tackle the problem of wrong calculation, inability to keep costumers record at a time without miscalculation and wrong working, the entire process of Mount Olive Company need to be fully and properly computerized to maximize profit, minimize the cost of production and satisfy the wants of the customers.
In addition, this research work serve as guild line to other readers who may refer to it at any point in time when gathering full details on the procedure and problems of computerization of discount rate in manufacturing company.
This research will also expose the researcher to the practical aspect of discount rate which eventually the researcher will make used of it later in future.
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ABSRACT - [ Total Page(s): 1 ]ABSTRACTThe basic aim of this project is to provide a simplified method of discount rate for manufacturing company using Mount Olive Company as a case study. Due to the rapid improvement in modern science and technology in ratifications of life there is need for the management of the company to apply computer in their transaction of the discount rate to make a quick decision with the existing method due to this difficulties. This project is designed to take care of the difficulties, and this pro ... Continue reading---
