Question
Enumerate the suggested policy guidelines for A, B and C classes of items.
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S.No.
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(A) Items (High Consumption Value)
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(B) Items (Moderate Consumption Value)
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(C) Items (Low
Consumption Value)
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1.
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Very strict consumption control
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Moderate control
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Moderate control
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2.
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No or very low safety stock
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Low safety stock
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High safety stock
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3.
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Phased delivery (Weekly)
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Once in three months
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Once in 6 months
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4.
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Weekly control report
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Monthly control report
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Quarterly report
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5.
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Maximum follow up
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Periodic follow up
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Exceptional
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6.
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As many sources as possible
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Too reliable
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Too reliable
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7.
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Accurate forecasts
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Estimates on past data
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Rough estimate
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8.
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Central purchasing/storage
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Combination purchasing
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Decentralised
|
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9.
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Max. efforts to control
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Min. clerical efforts
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LT Moderate
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10.
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To be handled by Sr. officers
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Middle level can be delegated
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Middle level can be delegated
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Total sales per day
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200 sandwiches per day
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150 Vadaspav per day
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Unit price
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45 per sandwiches
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25 per vedaspav
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Ingrediants and Material Requirment per sandwiches \ vadaspav respectively;
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15 per sandwhiches
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10 per vadaspav
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Rent
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₹ 1800
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|
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Salary
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₹2300
|
|
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Other fixed overhead Expenses
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₹ 1500
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Electricity
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₹ 400
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