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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
Linear Programming Methods of Line Balancing Assume that a job is broken down into elements tasks and the total duration of all such tasks is 28 minutes. The cycle time i, e,
Define the term risk in risk management. Risk: It is the probability or chance of something which may or may not arise; this is something that can be quantified by using s
Processing Method The process by which product is made has a direct impact on the process planning because variation of the process will vary the type of machine tool, eq
Q. If I am empowered, why do I need project management? A. If you have been authorize it probably or must mean that you have been given the authority and responsibility to un
Q. How do I get started? At one as well as the same time this step is possibly the most important and least understood of all the steps in the project management process. Entir
Question 1: Discuss the major elements required in a project control system and explain how a control system can be developed. Question 2: (a) Explain the role and natu
Problem 1: (a) What do you meant by Life Cycle Costing? (b) Explain briefly the methodology for Life Cycle Costing. (c) Why might a procurement officer consider procuri
You should design a ‘hearts and minds’ programme associated with the implementation of a modern system for the recording and management of stock within a book-publishing company an
What are the contents of project planning document? Contents of a PPD (project planning document): a. Project resource plans b. Quality control and quality policies proce
Network diagrams and bar charts have different parts to play within planning a project. Where each of such tools used is and what does this demonstrate? The network diagram dis
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