EBK OM
6th Edition
ISBN: 9781305888210
Author: Collier
Publisher: YUZU
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Chapter 18, Problem 4PA
Summary Introduction
Interpretation: An example is to be developed to illustrate the ideas, rules and mechanics of forward and backward passes through project network and the critical path is to be calculated.
Concept Introduction:
The new method of Miss S’s helps in improving the methods and it also reduce the backorders and stock out.Calculation of annual size inventory will rearrange the average lot size and remove such large shortage as the company is facing now. Also the ordering cost will be reduced.
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