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Q1. Explain the procedure of MODI method of finding solution through optimality test.
Q2. a. Explain the steps in Hungarian method.
b. Solve the following assignment problem.
I nventory management: This refers to the method in which tangible resources and materials are handled by businesses in order to make sure resources are readily available f
Industrial Design Industrial Design differs from conventional design engineering in terms of (largely) aesthetic and ergonomic requirements, coupled with a need for effective
explain what is meant by scope risk
S Company has been awarded the contract for the refurbishment of a local hotel. The overall timescale for the project has been agreed at 30 weeks (a high fast completion for this s
The Buddha had said that an individual is free to think and decide on his own and at the same time he is responsible for his own actions. Organisations are about individuals; they
QUESTION a) Major project management activities have their operational specificities. List the distinguishing characteristics of a project? b) Project management faces a lot
Question: (a) What are the checks/actions to be carried out in a project monitoring meeting? (b) What is the rationale behind the concept of "earned value" in project moni
What is the important role of planning in the management? Planning: Planning can be described as deciding in advance regarding the goals to be pursued through the enterpris
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
S is enrolled on T Company's management development programme. Although S has a financial background, the aim of the management development programme is to help him to gain a bett
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