Briefly discuss the fixed order quantity

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Reference no: EM133320212

Question 1: Briefly discuss the Fixed order quantity (system and Fixed order interval system by providing differences and similarities (6 marks) and then explore the situations where one of these inventory systems is preferred over the other.

Question 2: Discuss the strategic purposes of warehouses in a supply chain. Explore the benefits and disadvantages of having a warehouse either with variable or fixed slot locations.

Question 3: Explain how packaging facilitates efficient and effective logistics and discuss the function of labelling and the labelling requirements associated with hazardous materials.

Reference no: EM133320212

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