NMIMS – Operation Management – Today, the Government of India is very serious about Make in India. Press releases indicate that the Government is very keen to encourage entrepreneurs

Today, the Government of India

Operation Management

Q1. Today, the Government of India is very serious about Make in India. Press releases indicate that the Government is very keen to encourage entrepreneurs with innovative ideas. In case you are an enterprising and an innovative entrepreneur who is keen on establishing a factory, explain, in detail, the factors that would be affecting your facility location planning.

Q2. Inventory cost forms a major portion for an organization, whether it is manufacturing or service. Today, in a heavy competitive market condition, control of costs is very imperative. It is, therefore, necessary to have a knowledge about the various types of inventory, the costs associated with inventory and the concept of Economic Order Quantity. Write, in detail, about your views regarding these concepts

 Today, the Government of India

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Today, the Government of India

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