Reference No: PROD0174TECPages: 10Published on: 1, January, 1982
Abstract: This note discusses the basic concepts and developments in the field of multiple?criteria mathematical programming (MCMP). The general formulation of MCMP problems is given. Various concepts such as decision space, criterion space, efficient point, efficient frontier, dominated point, utility (preference) function, trade?off, etc are introduced. The direct estimation ... More
Reference No: PROD0175(E)TECPages: 11Published on: 1, January, 1982
Abstract: Discusses the basic inventory systems for controlling inventories under uncertain demand and lead-time. The continuous review system and periodic review system are discussed, and determination of control parameters for the two systems is explained. The concepts of service level, safety stock and reorder point are discussed, and formulas for determining ... More
Reference No: PROD0175(C)TECPages: 16Published on: 1, January, 1982
Abstract: Discusses the models for determining economic order quantities when quantity discounts are given. The models with "all unit" discount and "incremental" discount are presented and economic order quantity for each case is determined. Illustrative examples for each case are provided to show the use of the model and the determination ... More
Reference No: PROD0179TECPages: 13Published on: 1, January, 1983
Abstract: Deals with the concept of quality circles (QCs). The historical evolution of QCs, basic philosophy, structure, techniques applicable for QC work, applications, and common misconceptions are discussed. The methodology for their implementation within an organization is spelt out and typical implementation problems are highlighted. Some illustrative examples drawn from Indian ... More
Reference No: CMA0580TECPages: 5Published on: 1, January, 1983
Abstract: Cost and revenue concepts used in economic decision making differs from their common usage. This note summarizes a few cost and revenue concepts to initiate discussions on their relevance for different types of decision making. A few specific questions related o resource management decisions have also been raised. ... More
Reference No: PROD0176TECPages: 14 Published on: 1, January, 1983
Abstract: The note deals with materials requirement planning (MRP)??its significance, principal assumptions and prerequisites of the MRP system, and lot sizing techniques and advantages. Product structuring and other important aspects of the MRP are also considered. ... More
Reference No: OB0169TECPages: 9Published on: 1, January, 1983
Abstract: The paper attempts to discuss theories of motivation. -- Taylor's Scientific Management, Maslow's Need Hierarchy, Herzberg's Two - Factor Theory, Alderfer's ERG Theory, Expectancy Theory, Equity Theory And Reinforcement Theory. ... More
Reference No: P&IR0157TECPages: 8 Published on: 1, January, 1983
Abstract: The note examines the nature of the personnel function, its linkages to organizational viability, and examines this aspect in terms of three dimensions IR, selection and retention subsystems in terms of the future scenario. ... More
Reference No: CMA0570TECPages: 5Published on: 1, January, 1983
Abstract: This note discusses the following questions: What is shadow price? Why is it needed? What practical and conceptual considerations are involved in shadow pricing? Which goods, inputs and services need to be shadow priced? ... More
Reference No: CMA0568TECPages: 7Published on: 1, January, 1983
Abstract: This note covers some important concepts and methods which are normally used for project appraisal. Concepts and methods covered include (1) budgeting 'model' situation, (2) incremental concept, (3) current or constant prices, (4) direct and indirect impacts of a project, (5) acquisition and opportunity costs, (6) initial investment and terminal values, (7) time horizon, (8) time value of ... More
Reference No: F&A0361TECPages: 7Published on: 1, January, 1983
Abstract: This note compares the conventional and the Arditti-Levy methods of measuring cash flows and discount rate. It proves that the conventional method is consistent with the wealth maximizing principle. ... More
Reference No: PROD0178TECPages: 13 Published on: 1, January, 1983
Abstract: Deals with various aspects of short interval scheduling (SIS) such as significance and applications in various areas like production planning and control, fabrication and assembly work, maintenance, engineering work, clerical operations, and material handling. Management reporting in an SIS environment is also dealt with. ... More