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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?
What are the necessary features of the Earned Value Management? Necessary features of EVM systems: a. A quantified project plan which identifies work or activities to be
C ustomer value There is a considerable debate within the business world on whether the companies will have to deliver value for the shareholders or the customers. There are m
What type of symbols used to create a network diagram? Symbols used to create a network diagram are as illustrated: An arrow is utilized to represent each activity or even
operating costs with quarterly breakup
Understanding Project Contracts Project contracts invariably involve construction and therefore we will discuss contracts necessarily involving construction in this section. I
R educe inspection cost by acceptance planning In few cases where there are number of methods, available to protect the supplier and the customer from poor quality, it so happ
C ontrol charts Control charts are tools used for monitoring, controlling and improving processes over time. These are applicable to administrative processes.
Question 1: (a) ‘One of the most powerful concept as advocated by Total Quality Management is that of the internal customer and supplier.' With reference to examples you ar
Q. You have been hired by a contractor, who wants you to organize a construction project for one of their clients. The project team has been working for six weeks. You need to eval
Selection criteria for Product One or few standard products Large volume of production of every item over considerable period of time. Possibility of time an
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