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Problem 1:
(a) Define the terms ‘ inventory' and ‘inventory control'.
(b) State the classification of supplies for inventory purposes in your organisation.
(c) List the aims of inventory management.
(d) Explain clearly acquisition costs, holding costs and costs of stockouts.
Problem 2:
Explain three types of 'Benchmarking' identified by Harrison and describe how organisations might benefit from them.
Question 1: a. Describe briefly the SWOT analysis. b. Describe the Porter's Five Forces model. Porter's Five Forces model Question 2: Describe the objectives and ty
explain to what extent SCM is applicable to a service operation such as Management at Cruise International, Inc.
what activities should be assigned to materials managemnt
Inspection - Planning, Accuracy and Necessity The inspection and the test plans should identify the product which is to be tested and inspected. It should clearly define the re
Question 1 Corporate Banking represents the wide range of banking and financial services provided to domestic and international operations of large local corporates and local oper
#quedddstion..
Problem 1: Describe the need for safety stock - Demand fluctuation, delay in receipt of inventory, impact of slow delivery - Advantages of safety stock Problem 2: D
The resources such as equipment and human resources should be effectively managed. To facilitate effective management of equipment resources on line records of equipment location a
What is Decision Support System? Explain its structure and its functions. Decision Support System - meaning - Functions of DSS - Components or Structure of DSS - 1. Mode
Define traffic assignment in transportation system and discuss the major aims of traffic assignment? It is the method of assigning a set of trip interchange data to a specified
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