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How are carrying costs varied with quantity order? Carrying Costs, that vary along with quantity ordered, contained as a. There Interest on capital investment b. There Co
Communication Strategy: Communication strategy, beginners as a concept in the 1980s by communication expert Mary Munter, provides as the basis for all management communic
Do it Right First Time : TQM adopt the policy of zero defect. There is no scope for rework and rejection. The right first time or zero defect is the result of an empha
Advantages of Product Layout - Scientific Materials Handling This layout facilities adoption of automatic handling devices. The channelization of work flow through direct
Advantages of Three Dimensional Models Layouts made of models are easier to understand by laymen. It is easy to explain to the management. Models can be shifted eas
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1. Reciprocal Relations: When a company deliberately buys as much as possible from its own customers it is said to practice reciprocity. In consumer goods industries reci
Product/Service and Volume Flexibility Ability to respond fast to the customer's needs known as flexibility.Two forms of flexibility are product/ Service and volume flexibilit
Understanding Project Contracts Project contracts invariably involve construction and therefore we will discuss contracts necessarily involving construction in this section. I
clear information about project type production
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