Material management. Material can be defined as integrated.

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Presentation transcript:

Material management

Material can be defined as integrated

Important Terms  Activity  Event  Network  Critical Path  Predecessor  successor

Difference between PERT and CPM PERT  Critical Path Method  Event based  Does not Consider the time CPM  Program Evaluation and Review Tech.  Activity based  Consider time related to cost

Break Even Analysis  Investment analysis method  Deterministic model  Cost-volume-profit study  Equilibrium point is Break Even Point  No-profit, no-loss stage

 Assumptions  Advantages  Limitations

Quality Mgt.  Definition of quality  Concept of quality  Quality circle  TQM  Kaizen  5 ‘s’  6-sigma

THANK YOU…