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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.
Study different business organizations in your business environments The learner has been given a position of business analyst who will study environments and prepare report o
QUESTION (a) What is management? Use your own words to define the concept Discuss the various functions which constitute the process of management (b) Describe the skills
QUESTION 1 Strategic decisions are the essence of strategic management. According to Pears & Robinson, typically, strategic issues have certain dimensions. Write short notes on
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.
Objective of Maintenance Management 1. Minimizing the loss of productive time because of equipment failure i, e, minimizing idle time of equipment due to break down) 2.
what market segment will the company be targeting?why?
First, think about your own upbringing and values when faced with an ethical decision, whether it is in a business environment or not. How are your beliefs the same as or differe
process of delegation
Question 1: Before beginning new ventures entrepreneurs need to acquire essential information. Discuss (a) the major information collection methods, and, (b) crucial infor
Describe FIVE benefits of process mapping. Process mapping includes constructing a flowchart representation indicating processes that shows how a product or transaction is pr
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