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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
3. What are some ways to manage a stakeholder relationship closely? Give examples of how you might manage relationships differently based on the unique personalities of different
Dr. Adinombe Watage, deputy director of the Family Planning Research Center in Nigeria’s Over-the-River Province, was assigned the task of organizing an training five teams of fiel
Question 1: (a) Using information from Table 1, build a network diagram for the project. (b) Perform a Forward Pass on the network diagram and deduce the duration of the p
(a) What are the benefits and caveats of adopting a standard methodology (such as PRINCE2) for the management of an organization's projects? (b) How might the size of an organi
Disadvantages of FMS Limited ability to adapt to changes in product Substantial preplanning and capital Tooling and fixture requirements
a sample ofaproject
Problem: According to the PRB report, "Performance management is often confused with performance appraisal or the confidential reporting system presently in force in the servi
Define why the concept of PPSO arose into the first place. The basses of the PPSO lie into the provision of administrative maintain for project managers, to look after several
I mplementation risks There are many problems which have caused the cost-of-quality approaches to fail. It is unwise to achieve too much too fast. For ex
summarise the argument for such a policy of partnering with a major supplier such as BAA and MACE HAVE DON HERE
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