Day: April 3, 2022

Inventory Control is the supervision of supply, storage and accessibility of items in order to ensure an adequate supply without excessive oversupply Objectives of inventory control Protection against fluctuations in demand Better use of men, material & machines Protection against Read More …

This is the process of determining the optimal quantity and timing of Inventory for the purpose of aligning it with sales and production capacity. Inventory planning has direct impact a company’s cash flow and profit margins especially for smaller businesses Read More …

UNIVERSITY EXAMINATIONS: 2018/2019 EXAMINATION FOR THE DIPLOMA IN INFORMATION TECHNOLOGY DIT108 COMPUTER ORGANIZATION AND ARCHITECTURE FULLTIME/PARTTIME DATE: NOVEMBER, 2018 TIME: 2 HOURS INSTRUCTIONS: Answer Question ONE AND any other TWO questions. QUESTION ONE a) Define the following terms as used Read More …

Present value analysis: It is used to evaluate the time of capital investment and fund flows. Aggregate planning models: it is useful for examining the way of using the examining the way of using the existing capacity in the short Read More …

First, it ensures that the organization has adequate capacity to meet all demand, even during periods of high growth. This is especially important when the availability of a product or service is crucial, as in the case of emergency care Read More …

Time management Do you wish there were more hours in a day? Find out how you can manage your time more efficiently. Quality assurance Find out how you can take advantage of a quality management system to create customer loyalty Read More …