Define deterministic model of inventory control, Project Management

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Question 1:

Define deterministic model of inventory control. Explain inventory costs and relationships

Description of deterministic model of inventory control
Inventory costs and its 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?

Description of priority rules
major criteria for selecting priority rules
priority rules classification
priority criteria rules
Conclusion

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