In order to understand the role of work-study, we need to understand the role of method study and that of time study. Method study (also sometimes called Work Method Design) is mostly used to improve the existing methods of doing work although it is equally well applicable to new jobs. When applied to existing jobs, method study aim…

An MRP system has three major input components: Master Production Schedule (MPS):  MPS is designed to meet the market demand (both the firm orders and forecasted demand) in the future in the taken planning horizon. MPS mainly depicts the detailed delivery schedule of the end products. However, orders for replacement components can a…

image credit- bbc.com Just before a significant meeting of the conference of parties 26 (COP26), The Intergovernmental Panel on Climate Change (IPCC) has released its report on climate change termed the largest ever with inputs from over 14,000 scientific papers and the first after 2013. We will see the impact of this report on the …