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The demand and supply can never be assessed exactly. There is discrepancy between actual and estimated demand and supply quantities with fair degree of uncertainty. A buffer stock can also be defined as the average stock available inventory when the fresh supply arrives. It is presumed that this stock will be able to cope with the emergency if and when experienced. Generally buffer stock is maintained at the desired level by discontinuous replenishments at varying intervals of time. Factors affecting choice of buffer stocks are uncertainty in demand uncertainty in lead times and size of the batch. The large the uncertainty associated with any factor larger should be the size.
Question 1: (a) List three types of supervision styles. (b) Describe each of them, stressing upon their importance to you as supervisors. (c) Write short notes on two maj
QUESTION 1 Discuss the differences between monologic communication and dialogic communication. Use a concrete example to illustrate your answer, highlighting the advantages and
#what is a goverment compony&futures of advantages& disadvantages
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The major environmental pressures are summarized as the three Cs Customers competition and change. 1. Customers today known what they want what they are willing to pay
1. Corporate Social Responsibility remains as an essential part of business practice today. It can improve the reputation of the organisation since stakeholders will know the costs
Question 1 Explain the four assumptions made by modernization theory about the process of social change in the Third World. Give your own examples to explain your discussion.
The concept of single gender classes has been mainly designed and developed based on the fact that there are differences between male and female at various functional and structura
It allocates costs based on the price elasticity of demand. Yet higher the elasticity (elastic), the lower the charge of fixed costs when allocated amongst products.
What is the difference between qualitative data and quantitative data, provide an example of each - First of all, the Quantitative data comprises of figures as well as frequen
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