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QUESTION
1 What is meant by inventory?
2 Name the typical items carried in inventory
3 What are the assumptions for the Economic Order Quantity (EOQ)?
4 What are the characteristics of a queuing system?
5 What are the implications of waiting lines?
6 List and explain briefly the most important factors to consider in analyzing a queuing system
7 What are the assumptions of the basic simple queuing model?
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 inves
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Porter Five Forces of Professional Service Industry The analysis of industry can be done through porter five force models to analyze competitive position. In this industry, i
Analyse the political Environment of car distribution industry.
The aim of the assignments is to test your understanding of some of the key concepts in the material covered in the study modules, examine your ability to critically analyse a part
Problem 1: (a) What is the definition of Business Process Outsourcing according to Gartner Dataquest? (b) BPO deals mainly with non-core processes of an organisation. Descri
Applying TQM that emphasizes customer service and employee teamwork to improve products to a business in which the goods they sell are smarts skill and judgment is not without i
Problem Discuss customer expectations and customer delight Importance of customer satisfaction Characteristics of dissatisfied customers Factors for generating cust
The dictionary meaning of inventory is stock of goods or a list of goods. The word inventory understood differently by various authors. In accounting language it may
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