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Discuss about the Holding Inventory Control Systems.
Holding Inventory Control Systems:
Holding great levels of inventory enables an organisation to be extra flexible to meet surges into demand as an example offer customers a huge variety of goods and ‘instantly’, however holding large levels of inventory can be extremely expensive.
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A work sampling study is to be made of a typist pool. It is left that typists are idle 30 % of the time. How many observations should be made in order to have 395.5%
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