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MANAGEMENT – 2015: Daily Answer Writing Challenge – 25

MANAGEMENT – 2015: Daily Answer Writing Challenge – 25

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  1. job shop incurs different costs per day, for processing 5 different jobs in the shop on a single machine. All jobs are available at time t = 0. The data for the jobs is given below                                                                                          Draw Gantt chart for SPT rule, slack time sequence rule, to compute average tardiness and lateness for each of the above rules.

 

JOBPROCESSINGDUE DATES
1513
2315
3722
429
547

 

2. What is the difference between “Micro”, “Small” and “Medium” enterprises in the Manufacturing Sector?                           What are the main arguments in support of Small Scale Enterprises in India?

 

  1. What do you understand by the term “Strategy”? How do you distinguish between “Business Strategy” and “Corporate Strategy”? What role do “External Assessment” and “Internal Scrutiny” play in strategy formulation?