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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.
Some information about the toyota-production-system-principle just in case
How should the firm carry out the environmental scanning process? What would the process be of any practical value?
To determine the standard working time for a special job, following observation data is collected. Observation 1 2 3 4 5 6 7 8 Time (in second) 17 18 15 14 13 15 16 13 a) If the pe
Frame relay is a technology that does no error control. If a frame arrives garbled, it is dropped and frame relay does not inform the transmitter. Is this a reasonable approach?
In an overview of the major operations planning activities in a typical logistics organization, which of the following activities follows aggregate sales and operations planning? a
what factors have contributed to the importance of international markets on operations management
Remind yourself of the distinction between feasibility, acceptability and vulnerability discussed. Evaluate both technologies using these criteria.
Define the existing condition at work place
What is the relationship between companies, profit motives, competition and private property?
how does an operation manager decide what layout type is most appropriate for his or her business
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