Short notes on a)Letter of credit. b)Kanban system c)CONWIP models d)LIFO method

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288 Views|Posted 2011-08-04 11:58:49

Asked by Harish

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Bhupinder Singh Raina | Contributor-Level 9

2011-08-04 12:18:19

Letter of credit is called LC...a bank document used in Export...the gurantee given by the buyer's bank to the bank of the seller....that his client(buyer) is able to pay the incvoice amount...this mode of payment is generally followed by arabian countries. I am export manager, thus know this. give