MGTA02H3 Lecture Notes - Lecture 2: Gantt Chart, Longest Path Problem, Critical Path Method

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MGTA02H3 Full Course Notes
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Pakistan- is good at hockey, canada is not good at hockey. *methods planning- identify each step in production as well as the specific methods for performing them (steps to improve the efficiency) *methods improvement: (first talk about sales-to reduce the waste and find the best way to do it). Controlling employee discretion (the ability to analyze if the decision is right) Transportation (how, when and where; find the close supplier and reduce the shipping cost) Warehousing (inventory) eg. just in time production; created the production based on your needs with good quality 1. obsolescence (the product is degenerated) Measured by labour productivity of each country: gross domestic product/ # of workers. Maybe can use technologies to get more information. *quality: has many definitions; we will focus on product"s fitness for use in terms of offering the features that consumers want. Planning: set targets for both performance and reliability. Controlling: monitor to ensure commitment and to catch errors early.

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