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How is Economic Order Quantity depended on costs? Economic Order Quantity depends on two costs as illustrated below: - Inventory procurement costs that consist of expenditur
ERP ASSINMENT
The primary benefit of implementing quality design techniques is a significant decrease in time to market. Other benefits of quality by design techniques are: 1. Faster
Question 1: Explain the Scoring Method for project selection a) Un-weighted 0-1 factor method and Weighted factor scoring method b) Show the algorithm for solving the sh
Internal and external factors influence the organisational culture Culture facilitates internal integration and harmony as well as external adaptation according to environmental
Quality is actually built into the product during its manufacturing. The manufacturing of a product requires a host of activates involving different departments and sect
Define the term Scenario Planning in risk management. Scenario planning: It is about perceiving uncertainties for example identification of risks and the growth of pre-em
Why is it significant that the project team and the users develop and agree a process model for a project? Any project is a cooperative venture among the clients/users and the
How are the conceptual skills required for a successful manager? Conceptual skill is the capability to observe the organization as an entire, to recognize inter-relationships i
T he dark side of quality cost analysis The Quality Cost Analysis will always look at the organisation's costs and not the customer's costs. The manufacturer and the seller ar
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