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You are a manager at a medium sized manufacturing operation that sells a customized product directly to the consumers and the data pattern is linear but it can have the occasion ra
A proactive strategic procurement operation can give the organisation it represents a competitive advantage by reducing waste in the value chain. Purchasing strategies, however, ca
A local skating rink charges each person $5 to skate and another $3 for each skate rental. The rink has determined that on a daily basis, when 100 tickets are sold, the costs per s
What are the activities in promotional mix?
Suppose you are a corporate buyer. One of your suppliers delivers a particular part in 12 days on average; with a standard deviation of 3/ The daily usage averages 20 units per day
How to integrated the cost elements such as administrative overheads and risks in total landed cost model? Seems these two cost elements are hard to quantify.
Mining and Industrial Tyre Supply Inc (MITSI) distributes and sells tyres. While most of MITSI's sales come from earthmover and industrial tyres, they also stock and sell a very mi
What is Just-In-Time (JIT) approach? What are the reasons for adopting JIT in an organization? State the replenishment techniques used by retailers? Just in-time (JIT) JIT (Jus
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
I want to know the flow of Inventory management process
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