Resource Planning and Management - Desklib

Running head: RESOURCE PLANNING AND MANAGEMENT
Resource Planning and Management
Name of Student:
Name of University:
Author’s Note:

1RESOURCE PLANNING AND MANAGEMENT
Table of Contents
Section A.........................................................................................................................................2
Answer to Question i.......................................................................................................................2
Answer to Question ii......................................................................................................................2
Answer to Question iii.....................................................................................................................2
Answer to Question iv.....................................................................................................................2
Answer to Question v......................................................................................................................2
Answer to Question vi.....................................................................................................................2
Section B..........................................................................................................................................3
Answer to Sub-question (i) of B1................................................................................................3
Answer to Sub-question (ii) of B1...............................................................................................5
Answer to Sub-question (iii) of B1..............................................................................................5
References........................................................................................................................................7

2RESOURCE PLANNING AND MANAGEMENT
Section A
Answer to Question i
a. Total ordering cost + total holding & carrying cost
Answer to Question ii
d. All the above
Answer to Question iii
a. Just in Time (JIT)
Answer to Question iv
c. both (a) and (b)
Answer to Question v
d. waste
Answer to Question vi
c. Opportunity costs and insurance cost of materials