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Question 1:
Define deterministic model of inventory control. Explain inventory costs and relationships
Question 2:
Describe the purpose of operations scheduling? List the benefits of production scheduling
Purpose of operations scheduling (To complete jobs by their due dates establishes the timing of production activities. deal with the tradeoffs among conflicting goals , day-to-day planning that answers ...) Benefits of production scheduling
(Optimises the supply chain, Connects to MRP, Ensures that the materials ordered arrive on time, Reduces labour spikes andfavourslabour load levelling...)
Question 3:
Describe in brief about Priority Rules for Scheduling? What are the uses of Gantt chart?
Q. Market Strategy Development? Market strategy development would require the study of the markets for potential consumers. It would also involve the study of the market for e
Illustrates the Project Evaluation and Review Techniques? PERT (Project Evaluation and Review Techniques): The technique of PERT helps provide better time evaluation for
Question: a) Give two definitions of performance management. b) Explain the elements of a performance management system using the Storey & Sisson 1993 model. c) ‘Performa
Rules Rules are prescriptions for how members of a group ought to or not to behave. They are specific and allow no discretion. In any group situation, and more so in the formal
Reduction in Costs : An efficient quality control system reduces the cost of production of the product due to reduction in wastage of raw materials, semi finished and finished good
Network diagrams and bar charts have different parts to play within planning a project. Where each of such tools used is and what does this demonstrate? The network diagram dis
Question 1 Differentiate between Commercial and Open Source ERPs software packages Question 2 For a successful MRP system three types of information are very essential. Descr
Three Dimensional Model These are scale models of a facility and more nearer to the real situation as besides length and width they show height of the facility also. Models ar
Solution-if I am the owner of the three coffee shops within a 50 mile radius, then I would adopt a de-centralized management model having self directed teams. This will help me in
Benefits of Group Technology 1.Reduced Flow Times: Compared to the earlier process layout, there are very few halts. Hence flow times are reduced considerably. 2.Process Tim
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