Accession Number : AD0268036

Title :   PHYSICAL INVENTORY ACCOUNTING PROGRAM

Corporate Author : DUKE UNIV DURHAM N C

Personal Author(s) : FERRELL,WAYNE B. ; BRYSON,MARION R.

Report Date : 01 OCT 1961

Pagination or Media Count : 1

Abstract : Two problems still exist: (1) there must be developed a method of determining easily when an item was last inventories; and (2) the disposal of inventory records should be outlined. The first has two workable solutions. If the activity counter is readjusted to zero every time an inquiry for an inventory balance is made and if the contents of the activity counter are printed in the opening balance in the Daily Activity Register, this would solve the problem.A history could be carried back until the activity counter shows zero. This would be the first activity following inventory. The second solution is to print a dummy transaction in the D.A.R. for each item inventoried. The first of these solutions is simpler since it is all automatic and requires no additional work except initial programming. (Author)

Descriptors :   *LOGISTICS, *ORDNANCE, *SUPPLY DEPOTS, ARMY, DISTRIBUTION, ERRORS, MATHEMATICAL ANALYSIS, QUALITY CONTROL, RECORDS, SAMPLING, STORAGE

Distribution Statement : APPROVED FOR PUBLIC RELEASE