operation management

timer Asked: Apr 22nd, 2017

Question description

1. Explain the meaning of productivity, work out Single and Total Factor Productivity-TFP. Conclude if the organization sustains competitive operational advantage.

2. Explain the concept of ERP & MRP in the modern context and the importance of information technology for operation management.

3. Discuss the concept of Inventory Management, ABC classifications, advantages and disadvantages. (Selected organization will add value to the answer).

4. Draw and briefly explain project management life cycle

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