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Materials Management as an Operating Function : In small scale industries generally the function of materials management is considered subordinate to the production function. The materials manager acts as a subordinate to works manager. Materials management is considered as a service function to operation and is regulated with other operations under the control of works manager. The splitting of the materials management department will largely depends on the quantum of the work of each section and the need of the organization.
You are an accountant who has been approached by two people, Bill and Steve, for some advice. Bill and Steve are planning to open a furniture store in Toronto. They plan to rent
Question : (a) What are the distinguishing characteristics of a project? (b) What are the four types of consequences of risk? (c) Explain what you understand by the term
AHOW TO FIND THE VARIANCE OF AN ACTIVITY AND THE THE PROBABILTY THAT A WORK WILL BE FINISHED IN A GIVEN NUMBER OF DAYSsk question #Minimum 100 words accepted#
Verification is the process by which one can ensure that a model is performing as expected or intended. The process of verification is a challenging one for the project concerned a
Steps of Heuristic Method The heuristic approach involves following procedural steps: Identify the work ( job) Break down the work into elemental tasks or steps for
Maximize Z= 3x1 + 2X2 Subject to the constraints: X1+ X2 = 4 X1 - X2 = 2 X1, X2 = 0
How are the technical skills required for a successful manager? Technical skill consider to the proficiency in handling processes, methods and techniques of an exact kind of in
1 Write short notes on Earned Value Method (EVM) 2 What are the common features available in PM software packages? 3 A project should earn sufficient return on the investment
What are the popular psychological tests? Several of the popular psychological tests are as given below: a. Intelligence Tests: Such are conducted for containing an idea o
Having given the guidelines in the form of design specifications the designer should be given a free hand in developing the preliminary design of the product. However i
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