الحاسبات وتنظيم التخزين - الاعمال المصرفية - الشؤون المالية .. الحاسبات تعمل

Computers and Storage Organization - Banking

- Financial Affairs .. Computers work

Computers and Storage Organization

Large industrial companies avoid storing large quantities of raw materials and parts they need, because of the space required and the money it freezes. But if the inventory is less than what is required, it may run out before it is found again. Therefore, it is necessary to maintain a certain level of inventory that suits the consumption rate in the factory, and new quantities are requested when the inventory level drops to a minimum.

The computer is used to organize storage in warehouses, and the punched card system may be used for this purpose, so a card is allocated

My context to organize warehouses using the computer.

For each item stored in the warehouse, its identifying number is shown. This information is entered into the computer by a card reader in the goods receiving center. The computer keeps the identifying number for each item and the stored quantity of it.

When an item is to be withdrawn from the warehouse, the warehouse keeper passes the punched card through the card reader, and the computer subtracts the withdrawn quantity, then checks whether the remaining quantity has fallen below the minimum for that item. If the inventory falls below the minimum, the computer reviews its classifications to see if this item has been decided to be withdrawn and not ordered again. If it is not intended to be withdrawn, the computer prints the name of the item, its supplier, the required quantity and its cost, and enters this cost into the account indicated for the warehouse. The electronic computer may determine the quantity that must be ordered based on the time it takes for a new shipment to arrive, the rate of consumption in the factory, the necessary reserve stock, and the effect of the requested quantity on the unit price.

Banking

Electronic computers have become widespread in banks in many countries, and the computer system used in banks is similar to the financial stock exchange system mentioned above.

Each branch of the bank is equipped with a data port that connects to a central computer via telephone lines. The central computer continuously sends details of daily business, including account numbers and amounts in circulation. The computer stores information about customer balances and prepares the daily account statement for the branch. The balance of any account in any branch can be known by interrogating the central computer, thus facilitating the cashing of checks quickly and in any branch of the bank.

The central computer instructs the data ports in the branches to print customer account statements either periodically or whenever the exchange restrictions in an account reach a full page.

This computer system is characterized by accuracy and the speed of completing banking transactions, as a bank account holder in one town can cash a check without delay in a branch of the bank in another town and correct his balance on the same day. It is also possible to link different banks that follow the same computer system through automated clearing centers, thus regulating accounts between banks and exchanges between accounts in different banks take only minutes instead of days, and a check drawn on any of these banks can then be cashed quickly and easily.

A nationwide banking data system.