100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
TRL3707 Assignment 2 (COMPLETE ANSWERS) Semester 2 2024 - DUE 17 September 2024 R50,50   Add to cart

Exam (elaborations)

TRL3707 Assignment 2 (COMPLETE ANSWERS) Semester 2 2024 - DUE 17 September 2024

 51 views  3 purchases

TRL3707 Assignment 2 Full Solutions Semester 2 2024 - DUE 17 September 2024 ;100 % TRUSTED workings, Expert Solved, Explanations and Solutions. For assistance call or W.h.a.t.s.a.p.p us on ...(.+.2.5.4.7.7.9.5.4.0.1.3.2)...........

Preview 2 out of 12  pages

  • September 11, 2024
  • 12
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
book image

Book Title:

Author(s):

  • Edition:
  • ISBN:
  • Edition:
All documents for this subject (3)
avatar-seller
LIBRARYpro
TRL3703
ASSIGNMENT 2 SEMESTER 2 2024
UNIQUE NO.
DUE DATE: 17 SEPTEMBER 2024

, TRL3707

Assignment 2 Semester 2 2024

Unique Number:

Due Date: 17 September 2024

Fundamentals of Industrial Hygiene

Question
1.1: Inventory Management Policy

Theory (5 marks)
Inventory management refers to the systematic approach to sourcing, storing, and
distributing materials effectively and efficiently. A well-formulated inventory
management policy provides guidelines on how to control stock levels, order cycles,
and distribution of goods. It helps minimize costs associated with overstocking or
stockouts, optimize space utilization, and improve responsiveness to demands.

Important elements

1. Demand Forecasting - Ensures the right amount of inventory is available to
meet operational needs.
2. Stock Rotation and Categorization - Efficiently managing items based on their
usage, such as food, medical supplies, and spare parts.
3. Automation and Technology - Modern inventory systems for real-time tracking
and automated replenishment.
4. Inventory Accuracy - Regular audits and checks to ensure stock matches
recorded quantities.
5. Buffer Stock - Maintaining a reserve of critical items to avoid disruptions during
emergencies.

Application (5 marks)
The South African Army relies heavily on its inventory management system to maintain
operational readiness. For example, during wartime, soldiers at the camp receive

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through EFT, credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying this summary from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller LIBRARYpro. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy this summary for R50,50. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

73918 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy summaries for 14 years now

Start selling
R50,50  3x  sold
  • (0)
  Buy now