MELCO Deputy Manager Project Management Interview Questions and Answers

Parts planning technique involves efficient management of inventory to ensure availability of required parts.

• Parts planning involves forecasting demand and determining optimal inventory levels.

• Techniques like ABC analysis, Just-in-Time (JIT) inventory, and Economic Order Quantity (EOQ) are commonly used.

• ABC analysis categorizes parts based on their importance and usage frequency.

• JIT inventory aims to minimize inventory...read more