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A well run store will have the following features new stock…

A well run store will have the following features new stock is issued only after old stock has been used

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When purchasing drugs the choice of method depends on total…

When purchasing drugs the choice of method depends on total cost and how urgently supplies are needed

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The quality of a product and the quality of the supplier is…

The quality of a product and the quality of the supplier is not linked at all

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In a centralised model for logistics management communicatio…

In a centralised model for logistics management communication breakdowns can be more common

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The maximum level of an item is defined as the amount of sto…

The maximum level of an item is defined as the amount of stock expected to be consumed over a given    period of time

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Standard operating procedures are step-by-step instructions

Standard operating procedures are step-by-step instructions

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Standard operating procedures can be used to ensure that act…

Standard operating procedures can be used to ensure that activities are carried out to the same measurable standard of quality each time

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The maximum level of an item is  the largest quantity of thi…

The maximum level of an item is  the largest quantity of this item allowed on the shelf 

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During the procurement of quality products both the supplier…

During the procurement of quality products both the supplier and purchaser have responsibility towards qualityof products

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 Purchase by tender can be open or closed

 Purchase by tender can be open or closed

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