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This is the time gap between placement of an order and the time of actual supply. The determination of lead time is a complicated matter.
It is of core significance in determining the stock level.
Lead time + servicing Time + Delivery Time + Receiving Time.
The minimum maximum and average lead times differ from unit to unit and time to time. It is a procurement cycle.
What is mutual agreement in collective bargaining process? The mutual agreement may be as regards the given in below: 1. Union security. 2. Bonus and other benefits and w
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Demerits of specialisation include: There is superior risk in providing only a restricted range of products or services, i.e. individual traders are not capable to enjoy
QUESTION 1 (a) Define the term management by objective (MBO) and outline its unique features (b) Enumerate and explain the two main organizational structures? QUESTION 2
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An efficient inventory control necessitates maintenance of proper inventory records because various inventory records contain information to meet the needs of purcha
Types of leadership styles: Dissimilar kinds of leadership styles occur in my work settings. Advantages and disadvantages occur in every leadership style. The background and a
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Start a new workbook and develop a spreadsheet solution for Gareth's Gardens in order for him to efficiently record his garden orders and produce his customer invoices. The soluti
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