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Industrial Engineering

Types of Inventory and Quality Standards

There are a few different roles that inventory can play in production. First, it can act as a buffer between production and demand, ensuring that production can continue even w…

What is Routing and its Importance in Production?

Define Routing: Routing prescribes the sequence of operations where and by whom the work will be done. It forms the basis for loading and the scheduled function of planning. The r…

What are the components of Critical Path Method?

Critical Path Method: Project management technique that is used when activity times are deterministic. The critical path method (CPM), or critical path analysis (CPA), is …

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