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What are the advantages of holding inventory control systems?
Advantages of holding inventory control Systems:
a. Discounts for bulk buying for example, order higher volumes but few frequently
b. Reduction within transaction costs when buying higher volume but less often
c. Continuity of production for example ignore stock-outs and expensive hold ups
d. Flexibility to meet surges within customer demand
e. ignorance of price rises as an example, buy larger quantities while the price is lower
What effect does your organisation's facility layout have on the following (where appropriate): inter-process movement; health & safety; congestion; resource utilisation; work-in-p
If Merck can donate $50 million in free doses of ivermectin, what does that say about the amount of revenue the company generates in the drug research and distribution industry?
To effectively manage supply risks, the supply manager must: inform the corporate risk officer of a potential risk, await instructions, and implement the directive. Seek input from
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what are the most significant events in the story of how the plant survived because of its adoptation of quality based principles?
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