Industrial Engineering and Production Management
Dispatching

Is concerned with the starting of processes
Regulates the progress of job through various processes
Determines the programme for the operations
Prescribes the sequence of operations to be followed

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Industrial Engineering and Production Management
Value engineering aims at finding out the

Resale value of a product
Break-even point when machine requires change
Depreciation value of a product
Major function of the item and accomplishing the same at least cost without change in quality

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