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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:
Describe the various methods of disposing the obsolete stock • Review inventory for obsolete items• Create a Materials Review Board (MRB)• Include an obsolescence review in the closing procedure• Use computer tracking for items with a short shelf life• Track the rework status actively
Describe the several financial ratios important in financial statement analysis.
• Liquidity ratio• Profitability ratio• Leverage ratio• Activity ratio
As a newly recruited materials manager explain all the functions of the units in your department to a group of students on a visit to your organization.
citing differenting procurement strategic between public & private org highliting their objectives
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Problem 1: What do you meant by the ‘Purchasing Function'? Describe some benefits accrued to a firm having an effective purchasing function? Problem 2: Purchasing Depar
WHAR ARE THE RESPONSIBILITIES?
what is the potential negative or downside to the long-term Starbucks-OHL collaboration? identify what you can consider to be three major potential problems in such long-term relat
What is the factors influencing demand in organic food market? Organic Food Market Organic farming is influenced by several factors. In this section, we analyse the factors tha
Use regression to perform trend analysis on the de-seasonalized demand values. Is trend analysis suitable for this data? Find MAD and MSE and explain the Excel Regression
How do i evaluate the use of a complex models for this title?
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