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Another important decision is maintaining inventory and determining the inventory level. An inventory level is a quantitative limit, which should neither be much higher nor much low. In both the cases the total costs shall be higher. The critical inventory levels are re order level minimum level maximum level danger level and average stock level.
Every morning a purchasing assistant will take the previous day's prescription log and parse it into two history files: filled prescriptions (drug name and quantity sold), and unfi
Accidents are usually the results of a combination of factors each one of which may very from situation. An accident does no have a single cause but multiplicity of ca
What are the four P variables of Marketing? Four ‘P’ variables of Marketing: Marketing may be described as a human activity directed at satisfying wants and needs by exchange
Question 1: (a) Explain the control process. (b) Discuss the importance of control for managers to improve business performance. Question 2: Using Herzberg's theory
Q. Use of Private networks in companies? Several companies are building private networks to link their customers, employees and suppliers together. These networks within the In
Using the case study approach,discuss the significance of managerial economics in regard to business strategies employed by business entities currently operating in the global econ
What are the important terms of the 1948s factories act? Important Terms of the Act: (1) Factory: A place wherein ten or more persons are working and in which a manufact
What is oral business communication? Explain its benefits to the organisation and to the individual employee.
Q. What is Breaking Time Barriers? Computers as well as telecommunication networks break time barriers. The major capabilities of IT are to shorten the barriers. The major capa
on jan 1,2009 klosman firm held 40% of its total market and two other firms A and B held 40% and 20% respectively.based on a study conducted by a marketing reserch firm, the follow
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