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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?
Organisational Planning tool a) Opportunity cost refers cost calculated in terms of the next best alternative choice that is predetermined when a decision is made. In this case
What are the middle management functions? Middle Management: This includes Superintendents, General Managers and Branch managers. Middle management Functions are: 1
Question 1: (i) Explain the "process of motivation", that is, how motivation works. (ii) With reference to three theories of motivation, explain how they are relevant for
When is the 1948s factories act applicable? 1948s factories act is applicable to any factory wherein ten or more than ten workers are working. The 1948s factories act has a pro
QUESTION Many business people tend to forget the importance of the internal environment for the success of their organisation. They rather give more importance to the impact of
Question 1: (a) What do you meant by of the term ‘safety'? (b) Dsecribe clearly the meaning of industrial accidents. (c) Explain the elements which should be taken into c
Material Handling Systems Meaning and Definition In a manufacturing firm the raw materials are obtained from the suppliers and are stored in the stores room. Th
How is pricing affected in marketing management? Pricing: The price of the products is implies whereby manufacturers acquire a fair return for their labour and replace/ra
QUESTION 1 (i) Outline the importance of good body language at work. (ii) Elaborate on its importance while dealing with clients. Answer with examples. QUESTION 2
Illustrate the Optimism and Leadership of an entrepreneur? Optimism and Leadership of an entrepreneur: Optimism: They are highly optimistic regarding achieving their visio
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