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Types of DispatchingDispatching may be centralized or decentralized.Centralized dispatching refers to the instructions issued from the central dispatching section directly to the machine shoe in details. Foremen are required to implement then. Decentralized dispatching: means the issue of orders and instructions to the work force by the individual foreman to the works making under him. No central instructions are issued.But no form of dispatching is followed in its strict sense. A mix of the two is generally followed by most of the industries. In this form orders are issued to the foremen form the central office and foremen are free to determine the sequence within their section. This type of dispatching minimizes red tapism avoids delays and dispenses with elaborate reporting this is more flexible.
How has the increase in uncertainty in business affected the "make-or-buy" decision, and is this trend likely to change?
What is the major difference between aggregate planning in manufacturing and aggregate planning in services? Provide and explain to examples.
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the importance of the measurtement of market risk for financial institution
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