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Class 1 Exam Q&A : 2015/FEB/03 – 2016/AUG/08 – 2016/SEP/04 – 2016/NOV/08 – 2015/OCT/03 – 2017/JAN/04 – 2017/SEP/03 – 2018/SEP/04 – 2018/OCT/04 – 2018/DEC/02 – 2019/FEB/05 – 2019/APR/01 – 2021/FEB/01 – 2022/FEB/02 – 2023/DEC/06 – 2024/FEB/06
Question
Q3. Discuss the capital, voyage and operating costs of ship operation and explain Chief Engineer’s role in optimizing them. What are the modern management principles used in Inventory control?