(a) Write short notes to explain each of the following in the context of materials control: (i)...
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(a) Write short notes to explain each of the following in the context of materials control:
(i) Continuous stocktaking.
(ii) Perpetual inventory system.
(iii) ABC inventory analysis.
(b) State the factors that should influence the decision regarding economic order quantities of raw materials. (7 marks)
(c) Calculate three normal control levels, which maybe used in stock control systems, from the following information for a particular raw material:LO1
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