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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.
Planning Tools or Techniques General Framework Discuss the Planning function in the context of the work of the manager. Illustrate with a case study. Individual Compone
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