Question: a . Give four differences between CPM and PERT. b . XYZ Inc. has two factories with weekly production rates of 4 0 and 2

a. Give four differences between CPM and PERT.
b. XYZ Inc. has two factories with weekly production rates of 40 and 20 widgets. These
widgets must be shipped to three warehouses that have a demand of 25,10 and 25 units.
The cost to ship between each location is known (see the table below).
Which industry should produce and ship how many widgets to which warehouses to meet
demand at each location with minimal cost? Use the North-West Corner Method to
determine the minimal cost.
c. Define the following terms as used in inventory control.
i. Economic Order Quantity
ii. Annual Ordering cost
iii. Order cycle
[1 Mark]
[1 Mark]
[1 Marks]
d. A manufacturer has to supply his customers with 1200 units of his production per year.
The inventory carrying cost amounts to $1.2 per unit. The set-up cost per run is $160.
Find the EOQ and the total cost of inventory per year.
[5 Marks]
 a. Give four differences between CPM and PERT. b. XYZ Inc.

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