How Does the Procedure for Determining Inventory Requirements Differ Between

question 24

Essay

How does the procedure for determining inventory requirements differ between a basic batch processing system and batch processing with real-time data input of sales and receipts of inventory? What about for the procedures used by the receiving department?

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Definitions:

Rich Communication Medium

A rich communication medium is a method of communication that can transmit immediate feedback and multiple cues (such as tone, facial expressions, and body language), enhancing the quality and depth of communication.

Computer-Mediated Communication

The exchange of messages between individuals or groups through the use of digital platforms or devices.

360-Degree Feedback

A performance appraisal system where an employee is evaluated by feedback collected from their supervisors, peers, subordinates, and sometimes themselves.

Behavioural Competencies

The skills, knowledge, and personal attributes that are observable and measurable, which contribute to an individual's performance and success.