QUESTION 1
What is just-in-time (JIT) purchasing? Examine some potential benefits and possible disadvantages of JIT.
QUESTION 2
Make clear the causes and effective disposal of surplus. Give examples to illustrate your answer.
QUESTION 3
Illustrate the characteristics of a good coding system.
QUESTION 4
The systematic formulation and adoption of standards is referred to as standardization which is usually accompanied by variety reduction. Illustrate benefits that can be obtained from a systematic standardisation and variety reduction programme.