Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Consider the cardinalities required between 2 specific entities based upon the specific way business is conducted. Name your entity appropriately and draw the cardinalities of

Consider the cardinalities required between 2 specific entities based upon the specific way business is conducted. Name your entity appropriately and draw the cardinalities of relationships.

image text in transcribedimage text in transcribed

Can someone help me out with the name of the entities and the cardinalities and relationships between them? They sort of confused me and I need to compare. Thanks.

Expenditure cycle Give Order Get Goods 1. Vendor ships items from PO only when everything is in stock hint: this means there are no back-orders and do not assume that multiple orders are bundled 2. Vendors ship items on PO's as items are available (meaning that there are multiple receiving reports for a PO) Hint: if you purchase 3 books from Amazon, but the books are available to ship at different times, how many different shipments could Amazon make? Could it be more than one? 3. Vendor batches Multiple orders into one shipment Hint: if you want to save money on shipping, but have more than one order, then usually you want the vendor to ship only once 9. You can make payments to the vendor on the account for an order, but only do this once (i.e. can have a purchase on layaway) Hint: if you only do one purchase for layaway it would require the deposit and then make the payments on that one purchase 10. Cash is due upon receipt of goods (i.e. point of sale) or c.o.d. (cash on delivery) Hint: cash payment is due at the time of purchase, no credit is extended or payment plan Expenditure cycle Give Order Get Goods 1. Vendor ships items from PO only when everything is in stock hint: this means there are no back-orders and do not assume that multiple orders are bundled 2. Vendors ship items on PO's as items are available (meaning that there are multiple receiving reports for a PO) Hint: if you purchase 3 books from Amazon, but the books are available to ship at different times, how many different shipments could Amazon make? Could it be more than one? 3. Vendor batches Multiple orders into one shipment Hint: if you want to save money on shipping, but have more than one order, then usually you want the vendor to ship only once 9. You can make payments to the vendor on the account for an order, but only do this once (i.e. can have a purchase on layaway) Hint: if you only do one purchase for layaway it would require the deposit and then make the payments on that one purchase 10. Cash is due upon receipt of goods (i.e. point of sale) or c.o.d. (cash on delivery) Hint: cash payment is due at the time of purchase, no credit is extended or payment plan

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

ISE Financial Markets And Institutions

Authors: Anthony Saunders, Marcia Cornett, Otgo Erhemjamts

8th International Edition

1265561435, 9781265561437

More Books

Students also viewed these Finance questions

Question

Solve problem 5.1 using source transformation.

Answered: 1 week ago