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Question 1:
Describe briefly how the different system/aids are used to ensure smooth working of the production process.
Question 2:
Show the merits of MRP
Estimates and maintains an optimised manufacturing plan, enables pro activeness, the right materials are at the right place at the right time, Reduced inventory levels and component shortages, Improved customer service, Reduced purchasing cost and manufacturing cost, Reduced lead times and excess inventory.
Features MRP uses to plan optimal inventory levels, purchases, and production schedules
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 are the objective of the project alignment session program?
Once the process capabilities of available processes are known the process selection is then just a question of matching the process capability with the tolerance specified
Explain about the implementation phase. Implementation phase: The project takes shape throughout the implementation phase. It includes the construction of the real projec
MPMM has adopted best practice terminology to make sure that organizations communicate effectively whilst managing projects. Within the Glossary you will search definitions for all
Seven process modules are placed on our model, and they represent the basic functions in the model. These process modules simulate important operations such as specifying wheel cha
Question: "Total Quality Management is regarded as a quick fix solution by many organizations.This has led various companies to start on the road to total quality improvement i
external factors affecting scheduling
QUESTION (a) The project organization structure clearly identifies the relationship between project team members through defining their duties, responsibilities and lines of au
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
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