Critical Path Method
The critical path is the longest succession of tasks that has to be successfully completed to conclude a project entirely. The tasks involved in the sequence are called critical activities, as any task getting delayed will result in the whole project getting delayed. To determine the time duration of a project, the critical path has to be identified. The critical path method or CPM is used by project managers to evaluate the least amount of time required to finish each task with the least amount of delay.
Cost Analysis
The entire idea of cost of production or definition of production cost is applied corresponding or we can say that it is related to investment or money cost. Money cost or investment refers to any money expenditure which the firm or supplier or producer undertakes in purchasing or hiring factor of production or factor services.
Inventory Management
Inventory management is the process or system of handling all the goods that an organization owns. In simpler terms, inventory management deals with how a company orders, stores, and uses its goods.
Project Management
Project Management is all about management and optimum utilization of the resources in the best possible manner to develop the software as per the requirement of the client. Here the Project refers to the development of software to meet the end objective of the client by providing the required product or service within a specified Period of time and ensuring high quality. This can be done by managing all the available resources. In short, it can be defined as an application of knowledge, skills, tools, and techniques to meet the objective of the Project. It is the duty of a Project Manager to achieve the objective of the Project as per the specifications given by the client.
MRP Services – South African National Blood Services (SANBS)
SANBS is not-for-profit organisation which provides an essential service in South Africa. It is
rated among the best in the world in the provision of blood and blood products as well as in
the research and training provided. SANBS operate across all South Africa but excluding the
Western Cape. SANBS aims to collect an average of 3000 units of blood every day nationally.
It is through planned sustainable blood drives at companies organisations and institutions that
we are able to achieve this collection target. An MRP would be used by SANBS to plan the
requirements for the blood drives planned for the month of March at local shopping malls for
example , SANBS would use the MRP to calculate the quantity of items required such as but
not limited to gloves needles and medical beds. The goal of MRP is to ensure the right
materials required for successful blood drive are available at the right time to ensure a smooth
delivery of services.
Discuss how MRP can benefit South Africa’s medical History
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