Examlex
Henri Fayol set forth several management principles that could be taught to people to improve the quality of management practice.
Work Centres
Designated areas or locations within a manufacturing facility where a specific production activity or group of activities are performed, often housing specific equipment or resources.
Critical Ratio
A measure used in inventory management and scheduling, comparing the remaining time until a deadline to the remaining work, to prioritize tasks.
Dispatching Rule
Guidelines or criteria used in scheduling to determine which job should be processed next by a resource.
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