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Consider the Following Elements Needed to Produce a Purchase Order

question 44

Essay

Consider the following elements needed to produce a purchase order (see figure below):
 Purchase order number  Product number  Purchase order date  Product description  Vendor code  Quantity purchased  Vendor name  Unit cost  Vendor address  Purchase Agent Name  Total ordered  Total due \begin{array} { l l } \text { Purchase order number } & \text { Product number } \\\text { Purchase order date } & \text { Product description } \\\text { Vendor code } & \text { Quantity purchased } \\\text { Vendor name } & \text { Unit cost } \\\text { Vendor address } & \\\text { Purchase Agent Name } & \text { Total ordered } \\& \text { Total due }\end{array}
Using the SYSTEM OUTPUT approach, determine the tables needed and put them in third normal form. Be sure to identify primary, foreign, and/or composite (concatenated) keys as necessary. Primary keys and composite keys should be underlined, while foreign keys should be identified with an asterisk. LIST ALL TABLES FOR FIRST, SECOND and THIRD normal forms.
PURCHASE ORDER
Purchase order number:
Purchase order date:
TO: Vendar Cade
Name
Address
Purchase Agent Name
Thankyou for your order!

 Unit  Product No Description Price Quantity Total  Total \begin{array}{|l|l|l|l|l|}\hline &&\text { Unit }\\\text { Product No}&\text { Description }&\text {Price }&\text {Quantity }&\text {Total }\\\hline & & & & \\\hline & & & & \\\hline & & & & \\\hline & & & & \\\hline & & & & \\\hline & & & & \\\hline \text { Total }&\quad\quad &\quad\quad & \quad\quad&\quad\quad \\\hline\end{array}


Definitions:

Cost Of Goods Sold

The direct costs attributable to the production of the goods sold by a company.

Balance Sheet

A financial statement that presents a company's assets, liabilities, and shareholders' equity at a specific point in time, offering insight into its financial health.

EOQ Approach

Economic Order Quantity, a formula used to determine the optimal order size that minimizes the total inventory costs including ordering and holding expenses.

Fixed Interval Model

An inventory replenishment approach where orders are placed at fixed intervals, regardless of demand levels, to simplify ordering processes.

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