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problem1. List all five main characteristics of Maintenance, Repairs and Operating supplies (MRO).

problem2. describe four main factors which might influence the replenishment of MRO's.

problem3. Describe two potential benefits and two possible demerits of a Just in Time (JIT) supply system in manufacturing concern.

problem4. Standardization of stock items has its merits and demerits. Suggest two merits and two demerits of standardization.

problem5. From the perspective of a retail business, describe four main merits and four main demerits of holding low stocks.

problem6. Suggest two measures for controlling 'B' class items.

Management Theories, Management Studies

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