Tag: Materials Management
Business
What is Planning? Planning may be defined as the determination of a course of action to achieve the desired results. Planning involves the determination of objectives and planning of …
Business
Various factors contributes to Make or Buy Decisions in an organization. Quantitative factors such as considerations of costs, idle facilities, Qualitative factors such as product quality, patent (legal restrictions), …
Management
Considerations in Product Development While developing a new product the following considerations are worth noting: 1. Consumer Acceptance Sales depend on consumer acceptance of the product. The demand of …
Management
Process planning is a staff activity. It may constitute a department or alternatively may be considered a subgroup which, along with other subgroups such as plant layout, tool design, …
