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Question:
(a) What is meant by inventory?
(b) Name the typical items carried in inventory.
(c) What are the assumptions for the Economic Order Quantity (EOQ)?
(d) What are the characteristics of a queuing system?
(e) What are the implications of waiting lines?
(f) List and explain briefly the most important factors to consider in analyzing a queuing system.
(g) What are the assumptions of the basic simple queuing model?
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factors which decide the broad area of scientific activity
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Question 1: Just as it is a mistake for marketers to consider Mauritius as a homogenous group of customers with the same values, culture and lifestyle, it is also a mistake for
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difference between marketing efficiency and marketing effectiveness
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