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Entrepreneurship Grade 10

Welcome

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18 views6 pages

Entrepreneurship Grade 10

Welcome

Uploaded by

jaylianmhiellevictoria
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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Department of Education

Region III
Division of Pampanga
BRO. ANDREW GONZALEZ TECHNICAL HIGH SCHOOL
San Juan, Apalit

Week 5 & 6
First Quarter
ENTREPRENEURSHIP-GRADE 10

Name:___________________
Sec:_____________________

1|Pag e
READ!

1.Read the module first before answering.


2.Accomplish the following :
Activity Card- page 4
Enrichment Card- page 5
Assessment Card- page 5

*******************
What’s New

Lesson 3: UTILIZED STANDARD INVENTORY CONTROL OF THE


PRODUCTION MATERIAL

One of the task of an entrepreneur is to maintain an inventory control of goods


and services. There must be a assurance that the owner will not run out of stock
in the production phase of his business.

Words to Study

Inventories- are stocks of goods and materials available


for production and manufacturing.
Control- is an approach or strategy that check and balance
resources needed in the continuous operation of the
business.
Process- refers to the step –by-step manner of operation making
a product from raw materials into a finished output.
Stocks- are the inventory itself in various form.
Stock Card- is used to control records of stocks of goods and
materials.

Three Types of Inventory

 Raw- Materials Inventory- These are stockpile of Materials for inputs of


Production.
 Work-In- Process Inventory- These are partially completed products
requiring further processing.
 Finished –Goods Inventory- These are the final outputs of production
ready for delivery to the market or customers.

3|Pag e
Benefits of Inventory Control
1. It Protects a company from fluctuation in demand.

2. It provides better service to its customers.


3.It keeps a smooth flow of raw materials.
4.It Checks and maintain the right stocks
5.It Checks on loss of materials due to carelessness or pilferage.
6.It avoid duplication
Stocks Control Method
Just in time- items are delivered when are needed.

Re Order Lead Time- Allows for the time between placing an


order and receiving it.
First in- First out (FIFO)- a system to ensure that perishable
stocks are use efficiently.
Let Us Remember…..

All related purchasing requires inventory control. To


control is not only to check physically but to list down
stocks and balances stocks to avoid shortage.

4|Pag e
Activity : WORD SEARCH: Look for the
following words

I N D R A C K C O T S
STOCK L N R T V V K S U T S
STOCK L R V T Y U S T O O R
S T H E N T U U O O R
CARD
T L T T N S A F K S S
INVENTORY
K O S T O C K F R S T
CONTROL K R U V U V T R E D C
PROCESS C T R O L T S C E I I
C N Y K L T O V R Y S
C O U V O R O E I Y O
Y C A A P E S T F G S
I N V E N T O R Y Y I

5|Pag e
Enrichment Card

Fill in the stock card with correct information

Assessment Card

Matching Type: Match column A to column B


A B

1.are stocks of goods and a. process


materials available for b. stock card
production and manufacturing. c. stock card 1
2. a system to ensure that perishable stocks are use d. finished goods inventories
efficiently e. inventories
3.is used to control records of stocks of goods and f. FIFO
materials. g.work-in process inventories
4. refers to the step –by-step manner of operation h. Re-Order lead time
making a product from raw materials into a i. raw materials inventories
finished output J. Just in Time
5. These are stockpile of Materials for inputs of
Production.
6 items are delivered when are needed .
7. These are partially completed products requiring
further processing
8. Allows for the time between placing an order and
receiving it.
9. These are the final outputs of production
ready for delivery to the market or
customers
10. is for itemized inventory record per item.

Reference Card
CBC-Competency Based Learning Materials for Grade 10
http://googlesearch.com
6|Pag e

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