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Scheduling
Meaning and Definition
Scheduling is the next technique of production control. In production control scheduling means the arrangement of different operations involved in manufacturing in order of priority fixing the time and date when each operation is to commenced and completed.
Spriegal and Lansburgh quote scheduling as scheduling involves establishing the amount of work to be done and the time when each element of work will start or order of work"
According to James L .lL undy "work scheduling contains the assignment of starting and completion time for the various operations to be Carried out"
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If elasticity is -2, price is $10, and marginal cost is $8, should you raise or lower price?
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