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Computerized Relative Allocation of Facilities Technique (CRAFT):
The previous difficulty can now be alleviated because of the availability of computer software packages like the computerized relative Allocation of Facilities Techniques (CRAFT). The common technique of optimization in CRAFT is identical to what we did visually; exchanges of positions between different departments. The computer program therefore requires inputs data such as:
The final aim of the CRAFT program is to minimize the material handling costs for the complete plant.
QUESTION (a) Accurate estimation is crucial for effective planning and control and is associated with time, information, experience of estimator, techniques used and funding. D
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i wannt to know the BCG mAtix of MCB bank ..
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