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Q. To reduce inventory management costs, many companies use a system called…………, which involves carrying only small inventories of parts or merchandise,often only enough for a few days of operation.

Q. Pareto charts are used to

Q. The term Logistics stems from the Greek word…………

Q. Production function of logistics is also called ………………

Q. After defining corporate vision, the next step in strategic planning process is……….

Q. …………logistics function ensures timely availability of semi processed materials and components inventory to support the production schedule.

Q. Apart from economic and non-economic benefits ,…………is the main artery of logistics and supply chain management for the movement of goods.

Q. Public responsibility is a…………..in TQM.

Q. The largest contributor to productivity increases is ________, estimated to be responsible for _____ of the annual increase.

Q. It is common for international marketers to………. their channel strategies for each country.