Industrial Engineering and Production Management
Inventory control in production, planning and control aims at

Ensuring against market fluctuations
Achieving optimization
Discounts allowed in bulk purchase
Acceptable customer service at low capital investment in inventory

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Industrial Engineering and Production Management
Which of the following are the guidelines for the construction of a network diagram?

All of the these
Dummy activity consumes no time or resource
Dangling must be avoided in a network diagram
Each activity is represented by one and only one arrow in the network

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