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Production planning technique that is an extension of the just-in-time inventory control method
Production planning technique that is an extension of the just-in-time inventory control method

Inventory management is only as effective as the strategy you deploy to control and track your products and assets. From Apple to Kellog’s, Fortune 500 companies look to just-in-time inventory ...

How do I get a void check virtually?
How do I get a void check virtually?

Looking to set-up direct deposit with a voided check? Learn multiple ways to void a check, and what to avoid.Get your paycheck directly deposited into your bank account to save yourself some time and ...

What is meant by scope creep and why is it significant to project managers
What is meant by scope creep and why is it significant to project managers

Like a curse that keeps plaguing projects across all business fields, these words are the heralds of the most terrifying boogeyman of project management — scope creep.Scope creep is one of the top ...

Which of the following terms refers to the ability to foretell the future?
Which of the following terms refers to the ability to foretell the future?

Trend analysis is a technique used in technical analysis that attempts to predict future stock price movements based on recently observed trend data. Trend analysis uses historical data, such as ...

What are the 3 strategies for global marketing?
What are the 3 strategies for global marketing?

Even besides shipping, simply handling global tracking and payments at scale would’ve been impossible.The data economy has shrunken the world down to the size of your palm.With everything available ...

What are the 4 different classifications of an entrepreneur?
What are the 4 different classifications of an entrepreneur?

For those with an entrepreneurial spirit, often nothing is more exciting than embarking on a new business venture. New entrepreneurial ventures promise excitement, the chance at success and the ...

Vertical integration in the global seven stage diamond supply chain
Vertical integration in the global seven stage diamond supply chain

A decision by Alrosa, the Russian diamond mining company, to create a single production framework that encompasses all of its cutting and polishing facilities raises the prospect of vertical ...

What is marketing mix explain the components of it with suitable examples?
What is marketing mix explain the components of it with suitable examples?

“The marketing mix is “the set of marketing tools that a company utilizes to achieve its marketing goals in the target market environment.” According to marketers, it’s what makes your ...

A hypothesis test for the difference between two means is considered a two-tailed test when:
A hypothesis test for the difference between two means is considered a two-tailed test when:

When creating your data analysis plan or working on your results, you may have to decide if your statistical test should be a one-tailed test or a two-tailed test (also known as “directional” and ...

What is a good example of inflation?
What is a good example of inflation?

So, the governor of the Bank of England, Mark Carney, is filling his fountain pen, and looking for a stamp.Now that inflation has fallen to 0.5% on the Consumer Prices Index (CPI) measure, hes got ...

What is the basic challenge in the crisis of ego integrity versus despair?
What is the basic challenge in the crisis of ego integrity versus despair?

How do people cope with old age? According to Erikson, the last psychosocial stage is Integrity vs. Despair. This stage includes, “a retrospective accounting of one’s life to date; how much one ...

When a qualified opinion is expressed, the implication is that the auditor
When a qualified opinion is expressed, the implication is that the auditor

A couple of things that make audit reports so complicated is that some of the information isnt readily available and some of the information is subjective in nature. Auditors have to make various ...

Which of the following refers to the mechanism that coordinates the independent intentions of buyers and sellers?
Which of the following refers to the mechanism that coordinates the independent intentions of buyers and sellers?

For any organization, procurement is an essential business process. Organizations acquire goods and services from external suppliers at the best price to expand, enhance operations, and optimize ...

What additional information is included with a standard bank confirmation?
What additional information is included with a standard bank confirmation?

Standard bank confirmations seek information on client account balances and on the existence of loans, due dates of loans, interest rates, dates through which interest has been paid, and collateral ...

Is providing multiple distribution channels for consumers to buy a product.
Is providing multiple distribution channels for consumers to buy a product.

In the past, selling was as simple as making your own products and deciding whereabouts in the shop window they’d look best. Then more and more decisions were added: whether to sell them at outdoor ...

Why is the point method the most widely used for job evaluation?
Why is the point method the most widely used for job evaluation?

The point method evaluates jobs by comparing compensable factors - elements of job content like skill, effort or responsibility that can be used to assess a jobs value to the organization. Each ...

Which machine learning models are training to make a sequence of decisions?
Which machine learning models are training to make a sequence of decisions?

Machine learning algorithms are mathematical models that learn from data and unravel patterns embedded in them. Vijay Kanade AI ResearcherLast Updated: May 30, 2022A machine learning algorithm is a ...

What are the various factors affecting the compensation of an organization?
What are the various factors affecting the compensation of an organization?

The Compensation is the monetary and non-monetary rewards given to the employees in return for their work done for the organization. Basically, the compensation is in the form of salaries and ...

Which characteristic is a key difference between ratio and interval scales?
Which characteristic is a key difference between ratio and interval scales?

The nominal, ordinal, interval, and ratio scales are levels of measurement in statistics. These scales are broad classifications describing the type of information recorded within the values of your ...

Which of the following is true of the perceptual error of availability bias
Which of the following is true of the perceptual error of availability bias

The availability heuristic, also known as availability bias, is a mental shortcut that relies on immediate examples that come to a given persons mind when evaluating a specific topic, concept, ...

Write the research design appropriate to your research problem
Write the research design appropriate to your research problem

Wondering where to start your research project? Here are 7 steps to research design that you can apply today!As we explained last week, Motivated Academics are curious to brainstorm and test new ...

What is the process of transmitting information from one person to another?
What is the process of transmitting information from one person to another?

Defining Communicationcommunication, n. The imparting or exchanging of information by speaking, writing, or using some other medium. The successful conveying or sharing of ideas and feelings.Oxford ...

In which step of the addie process are objectives, program content, and materials selected?
In which step of the addie process are objectives, program content, and materials selected?

The acronym ADDIE stands for Analyze, Design, Develop, Implement, and Evaluate. It is an Instructional Design model that has withstood the test of time and use. It is simply a device to help ...

How does social mobility affect social stratification?
How does social mobility affect social stratification?

Illustration from a 1916 advertisement for a vocational school in the back of a US magazine. Education has been seen as a key to social mobility and the advertisement appealed to Americans belief in ...

What is considered a journal article?
What is considered a journal article?

Article: Much shorter than a book, an article can be as short as a paragraph or two or as long as several dozen pages. Articles can address any topic that the author decides to explore and can ...

In terms of global business strategy and structure, a multinational strategy
In terms of global business strategy and structure, a multinational strategy

A firm that has operations in more than one country is known as a multinational corporation (MNC).The largest MNCs are major players within the international arena. Walmart’s annual worldwide ...

What is meant by the right quality at the right time and at the right price?
What is meant by the right quality at the right time and at the right price?

For many years, logistics management was viewed as a necessary evil. That is, logistics activities had were needed for a manufacturing or retail firm to stay in business, but these activities were ...

What does it mean when a fire is transmitted by convection
What does it mean when a fire is transmitted by convection

The best way of protecting yourself in a fire is to understand the behaviour of fire and how it spreads.Fire is fast, hot and deadly. Every day people are experiencing the horror of a fire. With a ...

How big is the early majority segment of the technology adoption life cycle?
How big is the early majority segment of the technology adoption life cycle?

The technology adoption lifecycle is a sociological model that describes the adoption or acceptance of a new product or innovation, according to the demographic and psychological characteristics of ...

Where does a program to implement social responsibility in a business begin?
Where does a program to implement social responsibility in a business begin?

For companies looking to optimize their positive effect on the social and environmental systems in which they operate, developing a Corporate Social Responsibility (CSR) strategy is a fundamental ...

How are people affected by positive illusions?
How are people affected by positive illusions?

Social psychology: Altruism · Attribution · Attitudes · Conformity · Discrimination · Groups · Interpersonal relations · Obedience · Prejudice · Norms · Perception · Index · ...

What is the primary objective of analytical procedure used in the overall review stage of an audit?
What is the primary objective of analytical procedure used in the overall review stage of an audit?

Our sitesmyACCAACCA mailACCA CareersACCA Career NavigatorACCA Learning CommunityYour FutureUseful linksMake a paymentACCA-X online coursesFind an accountantACCA RulebookNewsWork for usMost ...

What accounts are debts incurred but not yet paid?
What accounts are debts incurred but not yet paid?

Current liabilities are debts that are due to be paid within one year or the operating cycle, whichever is longer. Further, such obligations will typically involve the use of current assets, the ...

When the results of a study can be generalized to other subject populations?
When the results of a study can be generalized to other subject populations?

Internal validity is a measure of how well a study is conducted (its structure) and how accurately its results reflect the studied group.External validity relates to how applicable the findings are ...

Which of the following type of cohesion is also known as accidental cohesion?
Which of the following type of cohesion is also known as accidental cohesion?

Reduce coupling and maximize cohesion to build systems that are scalable, manageable and can be extended over timeCoupling and cohesion are two often misunderstood terms in software engineering. ...

What is an example of multiple gene inheritance?
What is an example of multiple gene inheritance?

Most commonly, traits are influenced by multiple genes and the environment. So for most traits, patterns of inheritance are complex and unpredictable. For instance, when a sexually reproducing ...

How to write further research section
How to write further research section

The results of your particular research paper should be organized with more than just a description of what those results are. The section should also include information on the future research that ...

Which of the following will result in an adverse opinion in the audit report?
Which of the following will result in an adverse opinion in the audit report?

19 If the predecessors report was issued before the effective date of this section and contained an uncertainties explanatory paragraph, a successor auditors report issued or reissued after the ...

What will happen to the ordering cost and the holding cost as the order quantity increases for a material?
What will happen to the ordering cost and the holding cost as the order quantity increases for a material?

Inventory procurement, storage and management is associated with huge costs associated with each these functions.Inventory costs are basically categorized into three headings:Ordering CostCarrying ...

What are the characteristics of and differences between data and information?
What are the characteristics of and differences between data and information?

Information is delineate because the structured, organized, and processed data, conferred inside context, that makes it relevant and helpful to the one who desires it. Data suggests that raw facts ...