Category: Industrial Organization
What is Scheduling in Production Planning? Scheduling means specifying means, specifying the time that will be needed for the production of articles at each stage. Scheduling determines when an …
Types of Purchasing Policy adopted by Industrial Enterprises Purchasing policy means purchasing sufficient quantity of materials for all the anticipated needs but neither overstocking nor carrying stocks at low …
Personal factors influencing individual behavior The various personal factors influencing individual behavior have been classified as shown in the following chart. Each of the factors is explained below. 1. …
Factors Influencing Inventory Control There are a number of factors which can influence the inventory decisions. These can be broadly divided into the following categories: 1. Characteristics of the …
What is Time Study? Time study is concerned with the determination of the amount of time required to pet form a unit of work. It consists of the process …
