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State the Perpetual inventory control systems
Continuous (Perpetual) Inventory Control Systems:
Stock levels are continually monitored and reviewed within ‘real-time’ and orders placed while stock reaches or falls below a pre-found reorder level. This reorder level could be for standard or variable quantity every time but ordering does not arise at predetermined intervals of time.
Which of the following rules maximizes the number of orders processed in a center and minimizes the number orders waiting in the queue? Shortest operation next First-come/fir
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Ask question #Minimum 100COMPONENTS OF MATERIAL REQUIREMENT PLANNING words accepted#
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