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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?
Question: (a) With reference to the Confined Space Regulations 1997. (i) Give the meaning of ‘confined space', providing TWO workplace examples (ii) What are the speci
what is project valuation?
What are the benefits to an organisation of having a Project and Programme support office? The major advantages to an organisation by having a Project and Programme support off
Do you think Acorn’s solution was good? Why or why not?
Illustrates the Project Evaluation and Review Techniques? PERT (Project Evaluation and Review Techniques): The technique of PERT helps provide better time evaluation for
Cost Targeting Cost targeting is the pricing method which has to be used by the firms. It is defined as the cost management tool used for reducing the overall cost of the produ
Personnel Management Personnel Management refers to the process of procurement and management of the human resource that is needed to accomplish organization objectives. It is
Areas of key risk in Project Management Companies believe that the most critical risk they face is market or competitive risk. There are various other risks faced by organisati
charateristics of a good network
Quantity to be manufactured When only few parts are to be manufactured we cannot use the processes involving more setups, costly tools and special purpose machines. The use
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