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Scope of Process Design
Design of manufacturing process starts with the receipt of product specifications and ends with the final plan for the manufacture of the product. The steps involved in process design are:
The above steps may be identified as functions or activities such as manufacturing engineering, process engineering, methods engineering and tools engineering. The scope of process design activity can be identified as all the work that is necessary to arrange for the manufacture of the product by the most economical means and the compliance with all safety regulations.
Backward Integration A strategy in which an organization builds competitive benefits by controlling the provider of the raw materials needed to make its products.
Greater Possibility of Space Utilization There will be a greater productive utilization of the floor area under this type of layout. Due to lesser need for temporary storage o
S hareholder value Project management initiative brings a renewed interest among the shareholders. The major investors show more interest by becoming active in the organisati
Q. Where can I get help in project management? There are several sources of help such as books educational programs active societies and the Internet. However why not just pick
KS, the Finance Manager of TZY Company's Finance Department, is aware that it is approaching the time of year when he requirements to conduct staff appraisals. However, he is consc
The management of risk is proving to be one of the most difficult tasks for the project management profession. How can risk be managed effectively and who should be responsible for
how do I calculate forward pass and backward pass?
Organisational culture is an significant concept since it impacts on most aspects of organisational life and the way in which work is performed. Every organisation will have its ow
i) Explain the project management control technique called earned value analysis and illustrate the fundamental concepts. Justify your answer. ii) Determine the progress and
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
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