MANAGEMENT – 2015: Daily Answer Writing Challenge – 25
- 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.
| JOB | PROCESSING | DUE DATES |
| 1 | 5 | 13 |
| 2 | 3 | 15 |
| 3 | 7 | 22 |
| 4 | 2 | 9 |
| 5 | 4 | 7 |
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?
- 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?
