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Problem 1:
Describe the need for safety stock
- Demand fluctuation, delay in receipt of inventory, impact of slow delivery- Advantages of safety stock
Problem 2:
Describe the various methods of disposing the obsolete stock • Review inventory for obsolete items• Create a Materials Review Board (MRB)• Include an obsolescence review in the closing procedure• Use computer tracking for items with a short shelf life• Track the rework status actively
Describe the several financial ratios important in financial statement analysis.
• Liquidity ratio• Profitability ratio• Leverage ratio• Activity ratio
citing differenting procurement strategic between public & private org highliting their objectives
Supreme is a major supermarket chain in Mauritius, with one central distribution depot. It is sited at the Upper Plaines Wilhems and handles all the normal range of products such a
What is "order fulfillment" and "Order to payment" difference in manufacturing industry?
explain the major inputs into the MRP system
This is for a Supply Change class Higher Education in India: country evaluation from both political and economic benefits and risks perspective. Company chose is Education Manageme
brief of inventory control
Differentiate between stock checking, stock taking and stock verification
Sampling Risks Any uncertainty in a project plan that potentially can be controlled, tracked or identified is termed as Risk. Risk analysis involves consideration of uncertaint
Question: You are the owner of the American-based "Chick-n-fila" fast food chain. You believe that customers in other countries would also like your food and you therefore deci
The business section of the International Herald Tribune carried a story with the headline "Hark! The Herald Angels Sing of Teleconference," (Peter H. Lewis, New York Times Service
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