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(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.
Explain three types of 'Benchmarking' identified by Harrison and describe how organisations might benefit from them.
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Discuss risk pooling with various reasons for variability in customer demand.
Consider a supply chain network for a product with n supplier, m manufacturer, and p warehouse nodes. The unit shipment costs from supplier i to plant j are represented by cij and
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
Supreme is a major supermarket chain in Mauritius, with one central distribution depot. It is sited at the Upper Plaines Wilhems and handles all the normal range of products such a
Question 1) Explain the concept of Service mapping with example Question 2) A. Factors that influence customer expectations B. Pricing strategies follo
how does starbucks fit into the value chain of the coffee industry
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