Accounting Information Systems
Solutions
Accounting Information Systems
How do you determine what groceries (e.g., bread, milk, peanut butter, toilet paper, etc.) you need to buy for your household? Have you ever run out of an essential product? How do you determine what quantity to buy when you go to the grocery store? Are you “overstocked” on any household product? Could you implement a reorder point or EOQ system for your home? Discuss fully.
To determine: The experience of Person X in buying a grocery.
Introduction:
Accounting Information System (AIS) is said to be the specialized subsystem of the Information System (IS). AIS can be used in the business events for the purpose of collecting, processing, and reporting the financial information.
Experience of Person X in buying a grocery:
The groceries that Person X need to buy is based on the stock available in the home and the number of people in the house. Person X would run-out of an essential product sometimes when there is unexpected celebrations or guests. The quantity to buy will be depended on the festivals in the month, guests, and a number of people in the house...
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