Suggest two or more technology solutions for this problem

Assignment Help Managerial Accounting
Reference no: EM132823542

Question - Lake Superior University (Automating Data Gathering Task) Lake Superior University is a small technical college that is located miles from the nearest town. As a result, most of the students who attend classes there also live in the resident dormitories and purchase one of three types of meal plans. The "Full Plan" entitles a student to eat three meals a day, seven days a week, at any one of the campus's three dining facilities. The "Weekday Plan" is the same as the Full Plan, but entitles students to eat meals only on weekdays-not weekends. Finally, the "50-Meal" plan entitles students to eat any 50 meals during a given month. Of course, students and visitors can always purchase any given meal for cash. Because the school administration is anxious to attract and retain students, it allows them to change their meal plans from month to month. This, in fact, is common, as students pick plans that best serve their needs each month. But this flexibility has also created a nightmare at lunch times, when large numbers of students attempt to eat at the dining facilities simultaneously. In response to repeated student complaints about the long lines that form at lunchtime, Barbara Wright, the Dean of Students, decides to look into the matter and see for herself what is going on. At lunch the next day, she observes that each cashier at the entrance to the dining facilities requires each student to present an ID card, checks their picture, and then consults a long, hard-copy list of students to determine whether or not they are eligible for the current meal. A cashier later informs her that these tasks are regrettable, but also mentions that they have become necessary because many students attempt to eat meals that their plans do not allow. The cashier also mentions that, at present, the current system provides no way of keeping a student from eating two of the same meals at two different dining facilities. Although Barbara thinks that this idea is far-fetched, the cashier says that this problem is surprisingly common. Some students do it just as a prank or on a dare, but other students do it to smuggle out food for their friends. Barbara Wright realizes that one solution to the long-lines problem is to simply hire more cashiers. She also recognizes that a computerized system might be an even more cost-effective solution. In particular, she realizes that if the current cashiers had some way of identifying each student quickly, the computer system could immediately identify a given student as eligible, or ineligible, for any given meal.

Requirements -

1. Suggest two or more "technology solutions" for this problem.

2. What hardware would be required for each solution you named in requirement 1?

3. What software would be required for each solution you named in requirement 1? What would this software do?

4. How would you go about showing that your solutions would be more cost-effective than simply hiring more cashiers? (You do not have to perform any calculations to answer this question-merely outline your method.)

Reference no: EM132823542

Questions Cloud

Describe the setting for the soho wireless network : The SOHO Wireless Network: Describe the setting for the SOHO wireless network. An example could be a five-person law office, size and layout, and other details.
Ge two-decade transformation-jack welch leadership : Harvard Business Review's "GE's Two-Decade Transformation: Jack Welch's Leadership" case study. Read this document and answer the following questions:
What is multifactor authentication and what are some example : What is multifactor authentication and what are some examples? Ending all online crime is not a realistic goal, but simple steps can massively reduce.
Prepare reversing entries and subsequent cash entries : Prepare reversing entries and subsequent cash entries. On May 1, 2021 the company sold their equipment to a customer, and in exchange
Suggest two or more technology solutions for this problem : Suggest two or more "technology solutions" for this problem. What hardware would be required for each solution you named in requirement 1
Discussion-when to use a 360-degree appraisal : While 360-degree appraisals have many advantages, they are not for every employer or every type of employee.
Discuss about the color lightness spectrum : The judgement involved with selecting the right amount of color for a particular application can be daunting. With regards to visualizations.
Design an appropriate and effective performance appraisal : Design an appropriate and effective performance appraisal instrument that could be used by the sales and marketing department
Find what amount of sales revenue should be reported : Find what amount of sales revenue should be reported for the current year? Customers owed P1,000,000 on January 1 and P750,000 on December 31.

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Manage budgets and financial plans

Explain the budgeting process and its importance to a business, identifying the components of different budgets, forecast estimates for inclusion in the budgets.

  Prepare a retained earnings statement

Prepare a retained earnings statement for the year and Prepare a stockholders' equity section of given case.

  Prepare a master budget for the three-month period

Prepare a master budget for the three-month period.

  Construct the companys direct labor budget

Construct the company's direct labor budget for the upcoming fiscal year, assuming that the direct labor workforce is adjusted each quarter to match the number of hours required to produce the forecasted number of units produced.

  Evaluate the predetermined overhead rate

Evaluate the Predetermined Overhead Rate

  Determine the company''s bid

Determine the company's bid if activity-based costing is used and the bid is based upon full manufacturing cost plus 30 percent.

  Compute the pool rates for the different activities

Complete the schedule to compute the pool rates for the different activities.

  Prepare Company financial statements

Prepare Company financial statements

  Prepare an analysis of terracycles

This individual assignment is based on the TerraCycle Inc.

  Discuss the ethical issues

Discuss the ethical issues

  Political resources in emerging markets

Calculate the GDP in Income Approach  and Expenditure Approach

  Management accounting - ehsan electronics company

A new plant accountant suggested that the company may be able to assign support costs to products more accurately by using an activity based costing system that relies on a separate rate for each manufacturing activity that causes support costs.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd