Question 1

(10 marks)

As a project manager, explain the influence of supply and demand on scheduling.

Question 2

(10 marks)

What are Gantt charts and what are their uses in scheduling?

Question 3

(10 marks)

There are certain costs incurred at the different stages of inventory. Discuss in detail the three different types of inventory costs.

Question 4

(10 marks)

Illustrate graphically the MP system and briefly define the 3 key components making up the MRP system.