DISCOUNT RATE IN MANUFACTURING COMPANY (A CASE STUDY OF MOUNT OLIVE COMPANY)

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ABSTRACT

The 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 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.  

CHAPTER ONE

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.Â