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Question 1:
What is understand by a production control system and how are the elements of control systems categorized?
Question 2:
Bring out the differences between forecasting and prediction.Each difference 1 mark
Question 3:
Describe the various inventory control methods and costsDefinition of inventory control and inventory cost
Approaches to inventory control• The Eyeball system.• The Reserve Stock System.• The Perpetual Inventory System
Inventory Costs• Ordering costs• Carrying costs / Holding cost • Setup cost or Capital cost• Shortage Cost or Stock Out costs
How must be the upward communication from subordinate to superior ? Upward Communication moves through subordinate to the superior within the form of feedback. This takes th
Question : (a) Any project has a beginning and an end; without a formal closure process, project teams can fail to recognize the end and this can drag the project into unneces
what are the Roles and responsibilities of a project manager in the construction sector
When JF persuaded a leading retail supermarket chain to trial her 'home-made' chocolate dessert range she could not have anticipated how well it would sell. Now a year on she has f
operating costs with quarterly breakup
What is Trial Balance? Trial Balance: After posting each and every journal entries within the ledger, a statement termed as trial balance is prepared to check the accurac
Question: (a) A project manager must take ownership of the project at its early stage through the following tasks namely: stakeholder identification and analysis, prepare a bus
PMP
M a n a ging Project Quality as per PMI Project Management Institute (PMI) is a global organisation for the project management profession; it is engaged in setting professi
Review assignment and the macro map you prepared. How are your transformational processes monitored? Identify the critical success factors that are both necessary and sufficien
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