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Define the periodic inventory control systems.
Periodic (or bin) Inventory Control Systems:
Stock levels are reviewed at pre-found intervals of time and an order is positioned. Orders are made onto a scheduled origin but the reorder level could be for a variable or standard quantity every time.
What are the tradeoffs between profitability, risk, and control that should be considered when choosing between debt and equity?
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IT is one of most globally integrated corporate function how is IT different from other business areas when it comes to global integration? why do you think this is the case?
A paper mill produces two grades of paper viz., X and Y. Because of raw material restrictions, it cannot produce more than 400 tons of grade X paper and 300 tons of grade Y paper i
Describe some of the cues that might cause a company to suspect there is unmet demand for its products or services. How would you design a test to determine whether your suspicions
A cleaning company uses $10 of chemicals, $40 of labour, and $5 of misc. expenses for each house it cleans. After some quality complaints, the company had decided to increase its u
Priority Sequencing In sequencing jobs on machines on one the process time of each job and their due dates of delivery are required. A priority rule is then decided upon in or
What are the pros and cons of Varying workforce strategy
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