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Which one the following is not a flow concept: a. Production b. Capi

b. Capital

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1.what is the process of purchasing materials in manufacturing compan

1.The required materials indent are raised by the user dept, then based on the reqirement we go for RFQ with supplier..Based on the cost,leadtime,quality the materials will be purchased satisfying the...

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the lean supply chain process at toyota Motor Corporation follow the

Advantages: 1.Consistency of quality and delivery 2.The supplier fully understands your needs and requirements 3.The supplier can be involved early in the design process 4.A cooperative rather than...

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What is logistics?list about what is work of logistics suprevisor?

Logistics is the process of effectively moving the goods from the point of origin or from any supply point to the point of consumption. The term effectively is the key in logistics, it denotes ‘how...

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4. What are the major problems faced by developing countries in prom

1.Unpopular brand name 2.Vast exporting rules and procedures 3.Currency fluctuation 4.Payment modes 5.Poor logistics. 6. Huge competition from China and African countries. U can give some example for...

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a. State the basic elements of an export sales contract. b. What is

Basic elements or terms present in Export sales contract: Contract period, Parment terms and modes(L/c, Advance etc), Tentative quantity, Rates based on Incoterms (FOB, CIF etc), Customs clearance...

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1. Explain the Modern Theory of International Trade. How is it an im

This theory was propounded by Eli-heckscher(1879-1952) and later refined by Swedish economist Bertil Ohlin(1899-1979) in 1933. Acoording to Ohlin, the differences in the factor prices are due to the...

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2. What do you mean by Balance of Payments? Explain the relationship

The record of money payments between one country and other countries. Balance of payments is more inclusive than balance of trade because balance of payments comprises foreign investment, loans, and...

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Difference between MPP & MRP

MRP MEANS MAX. RETAIL PRICE & MPP MEANS MAX. PURCHASES PRICE

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What is Return PO(Purchase Oreder) ?

return po refers to the refusal of purchase order by the purchase manager, made by the respective department in order to accomplish uninterrupted supply of production chain at their end. a purchase...

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what does OEM mean & Who is an OEM, explain with detailed exampl

Original equipment manufacturer, when NIKE purchased stitched cloth from Tirupur (Tamilnadu) mills for its own branded T-Shirts, NIKE sold the T-Shirt to the end user through its own sales team and...

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what is logistics?list about logistics works!

Logistics is a process by which we can transfer the goods or product from one place to other or from the place from where is originated and to the place where it’s in demand or where it’s in need. In...

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1.What is non moving items 2.what is slow moving items 3.what is fas

Material which is not required Material conumption is very slow material consumed immediately

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A. Differentiate between TRIPs and TRIMs. State the items prohibit

TRIM: Trade Related Investment Measures are rules that apply to the domestic regulations a country applies to foreign investors, often as part of an industrial policy. A....TRIM is/are rules, which...

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what is ABC analysis please describe briefly.

ABC analysis is an inventory management technique in which the items are classified and clubbed according to their value. The items comprising the top 5-10% of the total value of inventory are termed...

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