1. “We have entered the age of technology; henceforth everything will be knowledge based.” Discuss the above in the context of increasing use of technology-based resources for achieving tasks.
2. Over the years, many variations on classical Delphi have been forwarded. Briefly discuss these variants.
3. Capacity will be modified in response to demand. Demand will be modified in response to capacity. Which of these two statements is correct? Why?
4. What are the different criteria for scheduling jobshop production system? Give their justification also.
5. Inventory of material provides operational flexibility. But, many flexible operational systems need little inventory. Explain this seeming contradiction.
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