ASSIGNMENT . Understand the pay structure of an IT company. An employee gets basic salary and allowances Travelling allowance (8%), Dearness allowance (20%), Medical (10%), Family (5%). Relocation allowance (6%). Calculate the gross salary he is getting including above mentioned allowances. Also, he is paying 13% GST (tax) for each pay period. Can you calculate NET salary which he receives after these deductions? DESIGN: NLGORITHM AND FLOW CHART 1 Weekly exercise 4 . . Explain with examples and your understanding! ABC analysis Backordering Bulk shipments Consignment inventory Cross docking Drop Shipping Just-in-time (JIT) Vendor managed inventory (VMI) Avoid plagiarism. Do your quick research and use references. This Is individual work