Question: Short questions: Marks-10 How does PERT work? What are the goals of quality management system? What is the difference between mass and lean manufacturing? Explain

Short questions: Marks-10

  1. How does PERT work?
  2. What are the goals of quality management system?
  3. What is the difference between mass and lean manufacturing?
  4. Explain the difference between actual physical plant capacity and potential GDP.
  5. Explain how the capacity utilization affect product mix and profitability.

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