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Question 1: Explain the Scoring Method for project selection a) Un-weighted 0-1 factor method and Weighted factor scoring method b) Show the algorithm for solving the sh
Need for safety 1. Cost Saving: Two type of costs are incurred by the management when an accident occurs. There are the direct costs in the form of compensation paya
Lack of Specialized Supervision There will be greater difficulty in securing specialized supervision. Because line layout consists of several machines requiring a wide range o
What are the disadvantages of critical path analysis? Disadvantages of critical path analysis (CPA): a. Supposes a trade off among time and money but most staff cost coul
T he dark side of quality cost analysis The Quality Cost Analysis will always look at the organisation's costs and not the customer's costs. The manufacturer and the seller ar
what do you understand by the term analystical methods of production
Advantages of Procedures 1) Procedures enhance efficiency. The sequence of steps for any operation have been laid out in advance and one only needs to follow the analysis to proc
Define the critical path analysis in risk management. Critical path analysis (CPA) or network analysis: Gantt charts are a poor time management tools while projects are l
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
Want to create a feasibility study for class assignment using consulting firm as my entrepreneur business located in Charlotte, North Carolina USA question..
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