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1. How did the Smyth order demonstrate DEPENDENT EVENTS and STATISTICAL FLUCTUATION? Provide some back ground and explain?

2. For many individuals, the nature of work and jobs is changing. Describe these Changes, some reasons for them, and how they are affecting both human resource management and Individuals?

 

3. Economic order quantity model is one of the most commonly used inventory-control techniques. Describe the 6 assumptions in order to employ this technique.

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