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Question 1:
Define deterministic model of inventory control. Explain inventory costs and relationships
Question 2:
Describe the purpose of operations scheduling? List the benefits of production scheduling
Purpose of operations scheduling (To complete jobs by their due dates establishes the timing of production activities. deal with the tradeoffs among conflicting goals , day-to-day planning that answers ...) Benefits of production scheduling
(Optimises the supply chain, Connects to MRP, Ensures that the materials ordered arrive on time, Reduces labour spikes andfavourslabour load levelling...)
Question 3:
Describe in brief about Priority Rules for Scheduling? What are the uses of Gantt chart?
Definitions of management Several definitions of management have been given by different scholars. Mary Follet defined management as "having work done through others." Another
assignment of pert and critical path method
What do you mean by Improving Productivity? Improving Productivity: The concentrate of production is creation of goods, might be by the transformation of raw materials or
Q. What value does project management add? This is extremely difficult to answer in traditional accounting terms for the reason that the real value is in the quality of the end
what is project valuation?
Q. Why do I need project management? One more way of asking this question is What if I do not bother with project management? The reality is all projects demand some extent of
H i stograms are of five types. They are: B ell shaped: It can be applied for concepts such as average and standard deviation. D ouble peaked: It is used to com
Critically analyze Mr. Vincent?s reasoning.
H i stograms Histograms show a visual summary of the data, which is simple to understand. Raw data is difficult to understand and a pictorial representation helps to understa
compare cobit 4.1 with cobit 5
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