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State the Perpetual inventory control systems
Continuous (Perpetual) Inventory Control Systems:
Stock levels are continually monitored and reviewed within ‘real-time’ and orders placed while stock reaches or falls below a pre-found reorder level. This reorder level could be for standard or variable quantity every time but ordering does not arise at predetermined intervals of time.
What happens if balance doesn’t exist
what do you understand by line balancing? what happens if balance does not exist?
State the term capacity. Capacity: It is the capability of an operation to do and produce. The maximum restriction to the volume of product or service an organisation can
What do you understand by “line balancing”? What happens if balance doesn’t exist?n..
Credibility - Customer Satisfaction and Service Quality Involves trustworthiness, believability and honesty. It involves having the customer's best interests at heart. Contrib
External Factors - Factors Affecting Productivity Improvement As was previously stated, the organisation has no direct control over external factors, be they government policy
How do you describe queuing theory? How can you use queuing theory in your organization to improve process capability?
Explain why it is important to carry out a rough-cut capacity planning check on critical resources before proceeding with the development of the final master production schedule
What happens if balance doesn’t exist?
What are the major priorities associated with operations strategy? How has their relationship to each other changed over the years?
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