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Processing Method
The process by which product is made has a direct impact on the process planning because variation of the process will vary the type of machine tool, equipments, production time, production cost type of labour required and also the quality and surface finish of the components.
Question Using a project drawn from your own experience, discuss the following (a) What are the two primary stages of risk management of a project? (b) What are the four
Net Present Value (NPV) analysis is a method of calculating the expected net monetary gain or loss from a project by discounting all expected future cash inflow and outflow to the
What types of errors disclosed in Trial Balance? A Trial Balance discloses the given types of errors as illustrated follows: a. An item posted two times. b. A mistake int
What is communication in organisation? Communication: An organisation structure gives channels for the flow of information on that the decisions of the organisation will
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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What is the purpose of the post completion review? The purpose of a PC (post completion) review: • Assist continuous improvement for example review procedures to design bett
Define the process of critical path analysis. Process of critical path analysis: 1. Break down project within a logical sequence of activities to be finished. 2. Appro
Balancing Efficiency An efficient line balancing will minimize the amount of idle time. The balance efficiency can be calculated as Eff B = output of task time / in
Degree of Vertical Integration Vertical integration is the amount of production and distribution chain, from suppliers of raw materials and components to the delivery of finishe
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