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Explain about the term Lead Time. Lead Time: It is the time which takes the stock to reach through Re-order point to minimum stock level. This may be also described as th
Stock out cost means the cost associated with not serving the customers. Stock outs imply shortages. If the stock out is internal ( that is in the production system) it woul
What are the uses of control chart? Control chart: It is a daily graphical presentation of the collected information. Therefore information pertains to the measured or ot
QUESTION a) Identify and describe the cultural and social factors that can influence buyers' decisions b) In a buying center purchasing process which buying center participa
Q. Illustrate Steps in Business Reengineering? Reengineering experts have summarized five major steps for reengineering business processes. 1. Develop the business vision a
Question: XYZ is a small organization producing. canned Tuna fish.Work is allocated into teams of 6 to 8 people. Some groups specialize in canning, some in design, some in mar
Porter Five Forces of Professional Service Industry The analysis of industry can be done through porter five force models to analyze competitive position. In this industry, i
QUESTION 1 Explain what you understand by the term "Feedback" and how this can help in improving communication in our work place environment. QUESTION 2 Who are organisati
definition of a model
outline with example four main barriers to communication
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