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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 is a network diagram constructed? A network (critical path) diagram constructed by: • Needs a pencil, ruler and 2P coin or some stencil otherwise coin for an ideal circl
Describe all types of projects requirements according to Wijnen. Preconditions: It forms the context in which the project should be executed. Illustrations include legisl
The analogy method of estimating is frequently used to produce broad-brush evaluates at the start of a project. Why this method is mainly suited to such application? Determinin
Advantages of FMS Flexible manufacturing systems are regarded as one of the most efficient methods to employ in reducing or eliminating problems in manufacturing industrie
C ontrol charts Control charts are tools used for monitoring, controlling and improving processes over time. These are applicable to administrative processes.
Quantitative layout analysis - Trial and Error Method Here we use simple travel chart and graphical approach to reduce to minimize nonadjacent flows by centrally locating the
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
Determine elapsed time of critical path when The critical path is given by points BCFG and the elapsed time 17 weeks. There D can over running by up to 3 weeks without
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