Performance Indicators

Business Management and Administration

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Just-in-time (JIT) inventory coordinates materials so that they arrive just before they are needed for production. Quick Response Delivery (QSD) is the same type of inventory as JIT but is applied in the retail setting. A perpetual inventory system constantly checks what it in is stock. Any type of transaction is tracked in this system so that reordering is done in time to avoid lost revenue.

Operations

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Discuss types of inventory (CS)

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