Based on the information given, the set of tools that will be used include kore ai, smart analysis, ikon, dynatrace, and remedy.
From the complete information, smart analytics simply means the process of collecting and analyzing data in order to help businesses make better decisions.
Dynatrace is also important as it provides a softwares platform that's based on artificial intelligence which will help achieve organizational goals.
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Standardization is an appropriate strategy in maturity stage of the product life cycle.
<h3>What is
product life cycle?</h3>
A product's life cycle is a cycle that can be broken down into four stages which are :
- introduction
- growth
- maturity
- decline.
It should be noted that Product life cycles are used by management and marketing professionals for advertising schedules, price points, hence Standardization is an appropriate strategy in maturity stage of the product life cycle.
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Alcohol is the right option.
<h3>Why does alcohol make drivers sloppy?</h3>
- Abuse of alcohol combined with the overuse and dependency on the substance (cannabis/marijuana) leads to amotivational syndrome.
- Amotivational syndrome is a psychological condition marked by a decline in a person's physical and cognitive states.
- People with this syndrome exhibit symptoms like diminished consciousness, depression, lack of energy, incoherence, poor attention, memory impairment, alienation, etc.
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Inventory are the products which are directly involved in the manufacturing of a business. Inventory includes raw materials inventory, work in progress inventory and finished goods inventory.
In a merchandising business, inventory includes all the products available for use. There are inventories in the administrative section of the company also which is known as the supplies Inventory.
Purchases are a nominal account that forms part in the cost of goods sold. Purchases term is used in the manufacturing firm and is the raw materials needed in the production of their product, thus will also form part of the inventory account if there is a left over for it.
Inventory on the other hand can come from the purchases itself in terms of the raw materials.
<u> There are many </u><u>inventory control</u><u> such as the following:</u>
Conducting different semi annual inventory count to know the actual number of inventory in hand against the monitoring of the inventory
Maintaining security of the facility of the stockroom storage by having cctv and padlock of the room.
Checking the incoming and outgoing inventory based on the documents given in the store.
Proper segregation of duties must be there, the record keeper should not be the same person as the one holding the inventory.
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