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University of Caloocan City: College of Business and Accountancy
University of Caloocan City: College of Business and Accountancy
Chapter 4
This chapter presents the data gathered, the results of the statistical
following the sequence of the specific research problem regarding the evaluation
1. Profile of Respondents
The first problem is focused on the profile of the employees who are in
Media Inc.
Table 1 presents the profile of the employees who are in knowledge of the
length of service.
UNIVERSITY OF CALOOCAN CITY
COLLEGE OF BUSINESS AND ACCOUNTANCY
Table 1
Length of service
1-6 months 2 7%
7-12 months 3 10%
1-2 years 4 13%
more than 3 years 21 70%
Total 30 100%
It can be noted in table 1 under the age raging from 22-25 yrs. old got the
highest frequency of 10 with the percentage of 33 while, 51 yrs. Old and above
got the lowest frequency of 3 with the percentage of 10. It implies that the
younger employees raging from 22-25 yrs. old are more dominant compare to
while, Males got 13 with the percentage of 43. Indicate that they either preferred
with the percentage of 77 while those who are left are Single and got a frequency
of 7 with a percentage of 23. Indicates that most of the employees are already
married.
UNIVERSITY OF CALOOCAN CITY
COLLEGE OF BUSINESS AND ACCOUNTANCY
frequency with 24 and a percentage of 80. While both high school graduate and
college level got the same frequency of 3 and percentage of 10. Means that most
of the employees are educated enough to maintain and do well in their respected
jobs.
Means that half of the respondents may be experts or well known on their jobs.
already work for More than three (3) years with 21 and percentage of 30 while
the lowest frequency are for those who work for 1-6 moths with 2 and percentage
of 7. Indicate that most of the employees are already familiar with each other and
the company.
Table 2 shows that: this was indicated by the grand mean of 3.28,
Production are planned and scheduled and the inputs are acquired accordingly
by respondents have the highest mean. The grand mean corresponds that the
respondents use the Demand forecasting at “Very Great Extent” that assessed
the inventory management.
Table 2
Table 3 shows that, this was indicated by the grand mean of 2.68. Lead
time used is efficient to control the level of inventory have the highest mean while
Lead time can affect the order timing as well as the quantity which you order
have the Lowest that got an interpretation of Less extent. The grand mean
UNIVERSITY OF CALOOCAN CITY
COLLEGE OF BUSINESS AND ACCOUNTANCY
corresponds that the respondents use Lead time forecasting at “Great Extent”
that assess the inventory management.
Table 3
Verbal
Indicators Mean Interpretation
a. Lead time used is efficient to control the
level of inventory. 2.53 Great Extent
b. Lead time forecasting used improve the
service level especially with irregular vendor. 2.5 Great Extent
c. Lead time variation is used to supplement
your safety stock in addition to the demand
variance. 2.3 Less Extent
d. Lead time can affect the order timing as
well as the quantity which you order. 2.1 Less Extent
OVERALLWEIGHTED MEAN 2.36 LESS EXTENT
2.3 WarehouseFlow
Table 4
Products with longer life are stored or displayed at the back of the shelf have the
highest mean. The grand mean corresponds that the respondents use Stock
Table 5
SUMMARY
Table 6 shows that, with a grand mean of 2.90, both Demand forecasting
and Stock rotation have the highest mean while, Warehouse flow have the
lowest. The grand mean corresponds that the respondents use all variables at
Table 6
The third problem in this study dealt on the Evaluation of the Inventory
3.1 Age
Table 7 shows the significance in the frequency of Felta employees’
Table 7
test of significant difference on the assessment of the respondent on the inventory
management
Process of Felta Multi-Media Inc. : When grouped according to their age
AGE
Indicators Groups Count SS MS F P-value Interpretation
22-25 yrs 10
26-30 yrs 6
Demand
31-40 yrs 5
Forecasting
41-50 yrs 6
51 yrs and above 3
Between Groups 2.033 0.508 0.173 0.950 Significant
Within Groups 73.433 2.937
Total 75.467
UNIVERSITY OF CALOOCAN CITY
COLLEGE OF BUSINESS AND ACCOUNTANCY
Table 7 shows that; this was indicated by the P-value that the evaluation
on the inventory management group by their age to be significant for it was lower
the significance level 0.05 and with the F value that is lower than the critical
value. Hence we reject the null hypothesis, and there is a significant difference in
the assessment of the respondents on the factors affecting the effectiveness of
Inventory management according to their age.
3.2 Gender
Table 8 shows the significance in the frequency of Felta employees’
Table 8
test of significant difference on the assessment of the respondent on the inventory
management
Process of Felta Multi-Media Inc. : When grouped according to their gender
GENDER
Indicators Groups Count SS MS F P-value Interpretation
Demand MALE 13
Forecasting FEMALE 17
Between Groups 9.277 9.277 3.924 0.0575 Significant
Within Groups 66.19 2.364
Total 75.467
Table 8 shows that; this was indicated by the P-value that the evaluation
on the inventory management group by their gender to be significant for it was
lower the significance level 0.05 and with the F value that is lower than the critical
value. Hence we reject the null hypothesis, and there is a significant difference in
the assessment of the respondents on the factors affecting the effectiveness of
Inventory management according to their gender.
Table 9
test of significant difference on the assessment of the respondent on the inventory
management
Process of Felta Multi-Media Inc. : When grouped according to their civil status
CIVIL STATUS
Indicators Groups Count SS MS F P-value Interpretation
Demand Single 7
UNIVERSITY OF CALOOCAN CITY
COLLEGE OF BUSINESS AND ACCOUNTANCY
Forecasting Married 23
Between
Groups 3.082 3.082 1.192 0.284 Significant
Within
Groups 72.385 2.585
Total 75.467
Total 36.667
Total 34.700
Total 91.467
level of
degree of between significance =
freedom: groups=1 0.05 critical value= 4.19597181855776
within
UNIVERSITY OF CALOOCAN CITY
COLLEGE OF BUSINESS AND ACCOUNTANCY
groups=28
Table 9 shows that; this was indicated by the P-value that the evaluation
on the inventory management group by their civil status to be significant for it
was lower the significance level 0.05 and with the F value that is lower than the
critical value. Hence we reject the null hypothesis, and there is a significant
difference in the assessment of the respondents on the factors affecting the
effectiveness of Inventory management according to their civil status.
Table 10
test of significant difference on the assessment of the respondent on the inventory
management
Process of Felta Multi-Media Inc. : When grouped according to their educational background
EDUCATIONAL BACKGROUND
Indicators Groups Count SS MS F P-value Interpretation
High School
Graduate 3
College Level 3
Demand College Graduate 24
Forecasting
Between Groups 10.800 5.400 2.255 0.124 Significant
Total 75.467
Forecasting Graduate
College Level 6
College Graduate 5
Total 36.667
Total 34.700
Total 91.467
level of
degree of between significance =
freedom: groups=4 0.05 critical value=3.354131
within groups=25
Table 10 shows that; this was indicated by the P-value that the evaluation
on the inventory management group by their educational background to be
UNIVERSITY OF CALOOCAN CITY
COLLEGE OF BUSINESS AND ACCOUNTANCY
significant for it was lower the significance level 0.05 and with the F value that is
lower than the critical value. Hence we reject the null hypothesis, and there is a
significant difference in the assessment of the respondents on the factors
affecting the effectiveness of Inventory management according to their
educational background.
3.5 Position
Table 9 shows the significance in the frequency of Felta employees’
Table 11
test of significant difference on the assessment of the respondent on the inventory
management
Process of Felta Multi-Media Inc. : When grouped according to their position
Position
P-
Indicators
Groups Count SS MS F value Interpretation
Rank & File 14
Supervisor/
Manager 16
Demand Between
Forecasting Groups 11.172 11.172 4.865 0.036 Significant
Within
Groups 64.295 2.296
Total 75.467
P-
Indicators
Groups Count SS MS F value Interpretation
Rank & File 14
Supervisor/
Lead Time
Manager 16
Forecasting
Between
Groups 0.952 0.952 0.747 0.395 Significant
UNIVERSITY OF CALOOCAN CITY
COLLEGE OF BUSINESS AND ACCOUNTANCY
Within
Groups 35.714 1.276
Total 36.667
P-
Indicators
Groups Count SS MS F value Interpretation
Rank & File 14
Supervisor/
Manager 16
Between
Warehouse
Groups 0.021 0.021 0.017 0.896 Significant
Flow
Within
Groups 34.679 1.239
Total 34.700
P-
Indicators
Groups Count SS MS F value Interpretation
Rank & File 14
Supervisor/
Manager 16
Between
Stock
Groups 3.172 3.172 1.006 0.324 Significant
Rotation
Within
Groups 88.295 3.153
Total 91.467
level of
between significance =
degree of
groups=4 0.05 critical value=4.19597182
freedom:
within
groups=25
Table 11 shows that; this was indicated by the P-value that the evaluation
on the inventory management group by their position to be significant for it was
lower the significance level 0.05 and with the F value that is lower than the critical
value. Hence we reject the null hypothesis, and there is a significant difference in
the assessment of the respondents on the factors affecting the effectiveness of
Inventory management according to their position.
UNIVERSITY OF CALOOCAN CITY
COLLEGE OF BUSINESS AND ACCOUNTANCY
Table 12
test of significant difference on the assessment of the respondent on the inventory
management
Process of Felta Multi-Media Inc. : When grouped according to their length of service
LENGTH OF SERVICE
Indicator
s Groups Count SS MS F P-value Interpretation
1-6 Months 2
7-12 Months 3
Demand
Forecasti 1-2 years 4
ng more than 3 years 21
Total 75.467
Indicator
s Groups Count SS MS F P-value Interpretation
1-6 Months 2
Lead 7-12 Months 3
time 1-2 years 4
Forecasti more than 3 years 21
ng
Between Groups 5.833 1.944 1.640 0.204 Significant
Total 36.667
UNIVERSITY OF CALOOCAN CITY
COLLEGE OF BUSINESS AND ACCOUNTANCY
Indicator
s Groups Count SS MS F P-value Interpretation
1-6 Months 2
7-12 Months 3
Warehou 1-2 years 4
se Flow more than 3 years 21
Total 34.700
Indicator
s Groups Count SS MS F P-value Interpretation
1-6 Months 2
7-12 Months 3
Stock 1-2 years 4
Rotation more than 3 years 21
Total 91.467
level of
degree of significance =
freedom: between groups=4 0.05 critical value=2.97515396
within groups=25
Table 12 shows that; this was indicated by the P-value that the evaluation
on the inventory management group by their length of service to be significant for
it was lower the significance level 0.05 and with the F value that is lower than the
critical value. Hence we reject the null hypothesis, and there is a significant
difference in the assessment of the respondents on the factors affecting the
effectiveness of Inventory management according to their length of service.
UNIVERSITY OF CALOOCAN CITY
COLLEGE OF BUSINESS AND ACCOUNTANCY
Inc.
Table 13
assessment of the respondent of the challenges of inventory management
process of
Felta Multi-Media Inc.
Verbal
Challenges Mean Interpretation Rank
Inconsistency of inventory records and
physical inventory. 2.80 Great Extent 3
Delay in delivery of products sold due to
unexpected events 2.53 Great Extent 2
Lack of storage capacity
1.23 Not at All 1
Managing of sales and purchases return
3.43 Very Great Extent 4
Table 13 shows that, with the grand mean of 2.50, managing of sales and
purchases return has the highest mean with 3.43 meaning that in the challenges
listed it has been the challenge that doesn’t that much attention. While, Lack of
storage capacity has the Lowest Mean meaning that this challenge required the
attention for the effectiveness of Inventory management process.