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Reorder Point Techniques
Systems based on reorder points assume that demand is uniform and predictable and that there is no true identifiable time of need. Hence, stock must always be available. In practice, demand is discontinuous and follows a lumpy pattern. Stock is seldom depleted item-by-item, it is more common to deplete or order by lots or batches. This ordering in lots tends to magnify the requirements or lot sizes from the finished item to the component to the raw material levels.
Explain about the term cost function. Cost Functions This function measures the minimum cost of producing a specified level of output for some fixed factor prices. Likewise
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i want to know that ,wheather lithium iodide can be used as redox electrolyte? and acetonitrile canbe used as redox electrolyte? ehich is more efficient?n..
PEST analysis Political factors: The political factors include laws and regulations in the market and this influences the market activities. These laws and regulations a
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