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The. RITES report on commodity flow for total transport system study of the planning commission, government of India, states that import elements of total logistics cost in India are produced inventory at source. FUNCTIONS OF INVENTORY : Inventory allows managers to decouple operation. Inventory protects one part of an operation system from disruptions in other parts of system. Inventory can provide an edge against inflation. The cost id the profit that would have been made if the sale gad occurred and cost of negative affects that the stock out may have on future sales. BACK ORDER COST : - Back order costs that customer will wait for his order to.

Management Resume Objective Manager Resume Objective Marketing Resume Objective. Medical Resume Objective Military Resume Objective Model Resume Objective. Mortgage Resume Objective Network Engineer Resume Objective Nursing Resume Objective. Pharmaceutical Resume Objective Police Resume Objective Programmer Resume Objective.

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Inventory Management? The main function of inventory management is to minimize inventory cost, subject to demand and services constraint.It deal with guiding a firm with respect to «Row materials and finished goods stocking policies.
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However, there is no proposal to discontinue Tatkaal system, as it serves the purpose of issuing passports for urgent travel needs, the minister said. Meanwhile, the Home Ministry is working on a country-wide online police verification project for passports that will cut down the time required for issuing the.

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