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Explain Inventory Procurement Cost and Inventory Carrying Cost.
Inventory Procurement Cost and Inventory Carrying Cost: Inventory is a detailed list of such movable items which are essential to manufacture a product and to keep the equipment and machinery in good working order. Inventory control is related with achieving an optimum balance among two competing objectives: -
What is the relationship between mass customisation and rapid product development
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Question 1 In a net change MRP system requirements and schedules are considered rigid and never updated. Question 2 the customer grace period is a time-span having some specifie
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