Read this essay to learn about:- 1. Concept of Work Measurement 2. Steps in Work Measurement Procedure 3. Objectives 4. Techniques. Essay # 1. Concept of Work Measurement: Attempts to measure work and to establish work standards have always aroused reactions, promoted criticism and generally been the subject of considerable controversy both from managements and workers. Workers feel that determination [...]
In this article we will discuss about:- 1. Introduction to Capital Investments of an Organisation 2. Present Value Concept 3. The Loss Value of a Plant 4. Various Methods for Comparing Investment and Replacement Alternatives 5. Replacement Analysis. Contents: Introduction to Capital Investments of an Organisation Present Value Concept The Loss Value of a Plant Various Methods for Comparing Investment [...]
Read this article to get study notes on Demand Forecasting:- 1. Meaning of Demand Forecasting 2. Objects of Demand Forecasting 3. Importance 4. Steps. Notes on Demand Forecasting 1. Meaning of Demand Forecasting: The formulation of appropriate and useful production policy is an important aspect for an enterprise. This involves determination of level of production, manpower requirements, equipment and inventory [...]