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Explain inventory control. Inventory Control - its importance and scope: Inventory control is the scientific way of finding out how much stock be maintained so as to meet the
Simultaneity of Production and Consumption of Service Products There is no opportunity to place the service in inventory. This is not always completely, for instance, petrol i
Lysosomes Lysosomes were first discovered by Christian de Duve. Unlike other organelles which were detected by microscbpe, these were first discovered biochemically. Later, ele
1. Which one of the following statements is NOT true of apprenticeships? Most apprenticeship programs are in the skilled trades. A major advantage of apprenticeships is the a
Features of Production and Operation Management 1. Production management is the process of making decisions. 2. Decisions are made regarding transformation of inputs outputs. 3
Which of the following statements is true? Answer law applies to individuals only; not to groups or society as a whole the sale of marijuana is illegal worldwide the sale of alcoho
What is the supply chain terminology? Supply chain terminology: • Upstream refers to processes which arise prior to an organisations supply stage. • Downstream refers to
A paper mill produces two grades of paper viz., X and Y. Because of raw material restrictions, it cannot produce more than 400 tons of grade X paper and 300 tons of grade Y paper i
Briefly explain the four different approaches to social responsibility that an organization can adopt.
Explain the purpose of realistic and contrived tests as part of the installation of a new system. Both of these tests contribute to a critical activity prior to the changeover
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