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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
o Does the project plan clearly identify a set of functional increments leading to project completion? o Is the sequence of objectives consistent with both the risk priority and
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Example of a strong matrix
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