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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.
Factory is a bathtub with 50 gallons capacity, drain is outlet to market and can output 3 gallons per hour. Faucet is raw material input and allows materials in at a rate of 4 gall
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Of all the discussions and assignments provided in this course, evaluate how Project proposal, project implementation and communication strategy might specifically support your abi
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1) What are at least three main benefits of the just-in-time system? Present and explain them 2) What are at least three main drawbacks/problems of the just-in-time system? Pres
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