Day: April 2, 2022

1. ABC Analysis Relates to the annual usage cost of a particular item. Generally 10 per cent of items account for nearly 70 per cent of usage value, Another 20-30 percent may account for 20 per cent of usage value Read More …

UNIVERSITY EXAMINATIONS: 2018/2019 ORDINARY EXAMINATION FOR THE DIPLOMA IN INFORMATION TECHNOLOGY AND DIPLOMA IN BUSINESS INFORMATION TECHNOLOGY DCU200 INFORMATION LITERACY DATE: AUGUST, 2019 TIME: 2 HOURS INSTRUCTION: Answer Question ONE and any other TWO Questions. QUESTION ONE: (30 MARKS) a) Read More …

To minimise capital investment in inventory by eliminating excessive stocks; To ensure availability of needed inventory for uninterrupted production and for meeting consumer demand; To provide a scientific basis for planning of inventory needs; To tiding over the demand fluctuations Read More …

UNIVERSITY EXAMINATIONS: 2018/2019 EXAMINATION FOR THE DIPLOMA IN BUSINESS INFORMATION TECHNOLOGY/ DIPLOMA IN INFORMATION TECHNOLOGY DCU101 HEALTH AWARENESS AND LIFE SKILLS DATE: AUGUST, 2019 TIME: 2HOURS INSTRUCTIONS: Answer question ONE and any other TWO questions. QUESTION ONE (30 MARKS) (Compulsory) Read More …

Stock analysis: The process of understanding the stock/product mix combined with the knowledge of the demand for stock/product. It is the technique to determine the optimum level of inventory for a firm It helps an organisation in: Establishing a proper Read More …

1. Increase in the size of manufacturing units: With the increase in the size of manufacturing units, there is a necessity to have sufficient inventory control so that increasing inventories do not become non-value added expenditure. In fact, increasing inventory Read More …