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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 are the causes of organisational change? Causes of Organisational changes are as given below: (1) External pressures: a. Change into Equipments and Technology also
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Distinguish between circulars and notices along with formats
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