Applied Engineering Question:
Do you know inventory control in Applied Engineering?
Answer:
Inventory Control is the supervision of supply, storage and accessibility of items in order to ensure an adequate supply without excessive oversupply.
It can also be referred as internal control - an accounting procedure or system designed to promote efficiency or assure the implementation of a policy or safeguard assets or avoid fraud and error etc.
It can also be referred as internal control - an accounting procedure or system designed to promote efficiency or assure the implementation of a policy or safeguard assets or avoid fraud and error etc.
| Previous Question | Next Question |
| What is Scheduling (production processes) in Applied Engineering? | Explain production planning in Applied Engineering? |