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What are the objectives of the Inventory Control?
Inventory control is concerned with achieving an optimum balance between two objectives which are:-
1. For minimising investment into inventory since this implies money kept in store room.
2. For maximizing the service levels to the customers of the firm and its own departments.
Ques.1 Comment on “Quantitative Techniques is a scientific and for enhancing creative and judicious capabilities of a decision maker”, also state the different elements of Decision
During planning of inspection consideration should also be given to the flow of product through the inspection station. The inspection station or station should be so plan
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What is the research activities included in marketing research? Marketing research includes all research activities involved in marketing problems:- a. Recording, analyzing
QUESTION 1 i) Explain what you understand by the term internal environment of an organisation ii) Discuss how managers can reduce the influence of the specific external envi
how would you incorporate political risk into the capital budgeting process of foreign investments specifically in the philippines
Question 1: (a) Why is the function of controlling important to an organisation? (b) What are the steps that need to be followed in implementing an effective control system?
QUESTION According to Theologian Max Lucado, conflict is inevitable at the workplace, but combat is optional. However, communication theorists advocate that communication skill
If the waiting time cost per hour for a FAST truck is $100 and the waiting time cost per hour for a non-FAST truck is $40. Build the following ARENA models to help you decide which
1. Wage ratios must lie in between the inter-country productivity ratios. 2. Large countries are always less specialized. 3. Low wage countries have bigger gains from trade.
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