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State the Perpetual inventory control systems
Continuous (Perpetual) Inventory Control Systems:
Stock levels are continually monitored and reviewed within ‘real-time’ and orders placed while stock reaches or falls below a pre-found reorder level. This reorder level could be for standard or variable quantity every time but ordering does not arise at predetermined intervals of time.
Briefly explain the four different approaches to social responsibility that an organization can adopt.
Given this information: Expected demand during lead time = 300 units Standard deviation of lead time demand = 30 units Determine each of the following, assuming that lead time dema
Explain Lead Time. Lead Time : Lead Time is the time that takes the stock to reach from Re-order point to minimum stock level. This may be also defined as the time as elapses
Question 1: Traits theories are not sufficient for explaining Leadership! i. Give an account of the other complementary Contingency theories or parts of the theories that d
1. What are the arguments for and against the application of the methods of scientific management? Answer: The main argument against scientific management is that in de-skilling
1) One change method is to encourage testing activities throughout the change process. "Piloting" ideas throughout the change process gives opportunities that are safe to challenge
what is cordination
What are teh Pros and Cons of gentralizing or decentralizing HR functions as it relates to organization relationships?
The numbers of patient arrivals to the ER department at a local hospital for the past 5 weeks are: week: 1 , 2 , 3 , 4 , 5 arrivals: 405 ,420 , 400 , 380 , 411 a) Compute a three-w
What are the advantage and disadvantages of using optical scanners to score the results of a test?
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