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Q. Explain about the managing inventory.
Managing inventory (stock):
Retailers buy stock or inventory and sell that to customers; that manufacturers buy raw material and elements, manufacturing or assembling goods and after that selling such finished goods downstream for example, later into the supply chain, in the direction of the ultimate customer or consumer.
Types of Dispatching Dispatching may be centralized or decentralized. Centralized dispatching refers to the instructions issued from the central dispatching section directly
What is flexibility?
what is service concept?
how can make a plan for appropriate capacity of a cinema by replacing amount of standard seats with luxury seats?
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Compare and contrast the Quality Circle and High Involvement applications of employee involvement
with the help of a diagram, describe the production process.
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