Total Quality Management, Capacity Management, Inventory Fundamentals And Forecasting

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3 pages in length. Understanding and utilizing each of these four elements of contemporary commerce will enable the student to take part in - and rise above - the growing competition so prevalent in virtually every industry. Staying a step ahead of competitors is no longer a choice but rather a mandated action for organizational survival brought about by the ever-changing nature of globalization, a concept that has broken barriers so that countries are competing together where they had never done before. The components of total quality management, capacity management, inventory fundamentals and forecasting provide a basis upon which an organization's infrastructure can operate both soundly and productively. No bibliography.