Question1. Make a distinction between primary and support inventories.
Question2. Every organization has inventories of some type and the economics and techniques of inventory management are significant. Describe the economics of effective stock management.
Question3. What is just-in-time (JIT) purchasing? Examine some potential benefits and possible drawbacks of JIT.
Question4. Describe the causes and effective disposal of surplus. Provide examples to exemplify your answer.
Question5. Explain the silent characteristics of good coding system.