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ICMIND – Purchasing Inventory Management How would operations strategy for a service industry be different if any from that for a manufacturing industry? (It’s an example & explains)If the desi

How would operations strategy for a service industry Purchasing Inventory Management Q1. How would operations strategy for a service industry be different if any from that for a manufacturing industry? (It’s an example & explains) Q2. Consider the following two mutually exclusive projects. The net cash flows are given below: YEAR NET CASH FLOWS FROM…
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Inventory Management At Ford Motor company, every car or truck model has its own internal website to track design, production, quality control and delivery processes

At Ford Motor company, every car Inventory Management   Multiple Choices: Q1. ……………………. is IT tool used for automation data capture. Q2. Stockout Level is also called the a. Red Zone b. Amber Zone c. Both (a) & (b) d. None of the above Q3. When classified on the basis of time period, they are…
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INVENTORY MANAGEMENT – Define the numerous techniques are available for forecasting and explain in detail

  Define the numerous techniques are available for forecasting and explain in detail   INVENTORY MANAGEMENT   CASE STUDY : 1 Wall Mart – success story we know very well. Their formula for success has been getting the right product on the appropriate shelf at the right time, at the lowest price. This is possible only when…
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Inventory Management-Define inventories why they are important to manufacturing companies and what are responsibilities of inventory management? Explain aggregate inventory management

Define inventories why they are important to manufacturing Inventory Management     Q1) a) Define inventories why they are important to manufacturing companies and what are responsibilities of inventory management? Explain aggregate inventory management b) What are the five costs associated with inventories? Name and describe the categories of inventory-carrying costs, categories of ordering costs…
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List out the advantages of fixed order system

Inventory Management   List out the advantages of fixed order system   Q1. List out the advantages of fixed order system. (10 marks) Q2. Explain the disadvantages of implementing JIT. (10 marks) Q3. Write a short note on control measures. (10 marks) Q4. Which factors influencing stocking of spares? (10 marks) Q5. Explain about SOS…
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Wall Mart – success story we know very well.

          INVENTORY MANAGEMENT Wall Mart – success story we know very well. Their formula for success   CASE STUDY : 1 Wall Mart – success story we know very well. Their formula for success has been getting the right product on the appropriate shelf at the right time, at the lowest price. This is possible…
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