Vince Roberts runs a vintage record shop in the University district. His shop sells 45’s, LPs, and old 76 RPM records. Most of his stock is used. He buys used vinyl from customers or finds them at yard sales and discount stores. He does sell some new albums that are released on vinyl. He has kept most of his inventory either in his head or in a spiral notebook he keeps behind the sale counter. But his inventory and his business have grown to where that is far from sufficient.
The records’ prices are given by their rareness, Vince’s own experience and condition. The different conditions are mint, good, fair, and poor.
Customers may request particular albums that are not in stock. In these cases Vince writes down the customers and records details (in case a copy of the requested album becomes available).
As well as the inventory, purchases and sales are also written down manually. Vince finally decides prices in both cases. It is difficult to assure that in each sale the purchase cost and antiquity of records in the store are contemplated when performing the sale. Then, when a purchase or sell is performed it is difficult to assure that some of the specific records mentioned in the previous paragraph are being considered (I.e. selling them for a reduced price; and/or neglecting the client who requested the record previously; and/or not contacting the customer who requested the record; or not purchasing the mentioned record when available from a seller).
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