Employees clock in with an ID-badge system. The Payroll Department then prepares the paychecks for both hourly and salaried employees . The paychecks are sent via overnight delivery on the following Thursdays. The branch offices currently batch all billing da ta by order date and send them daily by overnight delivery to the corporate office a long with other interoffice correspondence. When Information Services / Data Processing receive the packages, it enters the batches and processes them daily.
* The DGLs first season Financial Journal reflects the initial foray of the enterprise purchasing the requisite capital equipment (pitchers & spoons) to start the business and the daily consumables (ice, mix, and cups) required to sustain it. Analysis of the journal demonstrates that the debits equals credits reflecting a balanced accounting of transactions during this season. * The DGLS first season
• Given the data on arrival and service times, how would you calculate an average arrival rate and service rate? The average arrival rate can be determined from Exhibit 4. Exhibit 4 gives us the arrival rate per half hour for three different possibilities viz. Normal, Peak and super peak intensity of flow. We can calculate the average flow rates for each individual scenario and then find the weighted average (by number of days) of these three scenarios to get a single average arrival rate (Ri) Service rate is determined by number of tellers divided by the time taken by each teller to service one customer.
Overall and yearly conclusions were drawn at the end of the report. Some reasonable suggestions for investing activities were also raised for people who are interested in Kroger. In this report, descriptive statistics were used to analyze the stability of the company. Other analysis techniques were used through the report including correlation, confidence intervals, hypothesis test and regression analysis. Company Overview Founded in 1883 and incorporated in 1902, The Kroger Co. (NYSE:KR) is one of the world's largest grocery retailers based on annual sales, holding the #23 ranking on the Fortune 100 list with fiscal 2013 sales of $98.4 billion.
For every customer visiting the store, a record in the customer table is added mentioning customer’s details. 3. If customer purchases an item from the store, a record is entered in Orders table and with customer Id, Branch Id, Product Id. 4. For every item sold, the changes are reflected in the inventory table, decreasing the available quantity.
Process | Description | Paper/Electronic & How | Sign on | Any employee can sign on cash registers using: 1. Valid employee ID | Electronic, logged in the system | Product is scanned | Sales clerk scans each bar code on the price tag of the product (or can manually enter if multiple identical products are purchased) | Electronic, uses scanner to update the system | Cash register reads scanned item and calculates | Cash register calculates: 1. Product code 2. Correct unit price 3. Total price 4.
In addition, an annual report may contain information about the company's products, facilities, strategies or other topics at management's discretion. This case is an analysis through the fundamental financial statements of two companies. You will want to calculate a number of financial ratios, to analyze the basic financial statements and to highlight significant points underlying trends. In order to understand many of these points you will have to study management's discussion of financial condition and results of operations as well as the notes to the financial statements. Included in this case is the analysis of three companies in the retail business.
Case 2: Whole Foods Market 1. What are the chief elements of the strategy that Whole Foods Market is pursuing? Growth Strategy: Whole Foods has maintained a growth strategy using a combination of opening new stores and acquiring smaller chains that had good management and were in promising locations. Since the company has ran out of attractive acquisition candidates they are focusing on opening 10-15 bigger stores in metropolitan areas ranging from forty thousand to eighty thousand square feet. Their main acquisition was Wild Oats in 2007 for $700 million which gave them entry to five new states.
He informs the audience about obesity to emphasize how worse Americans’ health has become. Statistics are used frequently. For example, when experts (health professionals) are interviewed, Spurlock occasionally stops the interview and then uses statistics to prove or disprove what the expert has to say. He asks 100 nutritionists if people should eat fast food: only two out of 100 say consumers can eat fast food two times a week or more, 28 say consumers should eat
Wendy’s Chili: A Costing Conundrum To: VP Operations From: Senior Manager – Operations Date: Oct 10th, 2011 Subject: Wendy’s Chilli Introduction Wendy’s International Inc. is a world leader in the quick-service restaurant industry, having thousands of stores across North America. However, intense competition in the industry has been increasing and “The company’s major competitors had substantially improved the quality of their products, service, and facilities, and they had been aggressively introducing new menu items” (Brownlee, 2005, p.6). As a result, the company is in need of clear and appropriate strategy to propel it over the next few years. This business report reviews Wendy’s history and current situation to arrive at a recommendation that the company may want to explore. It begins with a brief history of the company followed by the issue that is impeding its success.