(a) Briefly discuss the features that make PERT, method of project planning different from other planning methods.
Q: The host of a dinner party purchases wine based on the weighted average of clarity (10%), bouquet…
A: In Weighted Average each number in the data set is multiplied by a predetermined weight arrive at…
Q: Analyse the principles, tools and techniques of TQM and six sigma
A: TQM can be defined as an integrated and comprehensive system for planning and managing all business…
Q: ission-only alary plus c
A: Fairness and accuracy are two important elements for businesses to bear in mind when developing a…
Q: Write down the constrained optimization problem as a function of the Objective Function. Then, on a…
A: Linear programming is a mathematical technique that is also used in operations management…
Q: Automatic dividend reinvestment is a requirement of all mutual fund companies. O compounds share…
A: Automatic dividend reinvestment refers to the investment of the company's dividends directly to buy…
Q: What are the three most critical factors to consider when making a hardware purchase?
A: Hardware is a outer part of a computer system which enables a software to get its outputs using…
Q: Determining whether an amount is of a capital or a revenue nature forms part of the subjective test.
A: Capital and revenue nature are objective concepts that can be determined by reference to generally…
Q: Christopher's Cranks uses a machine that can produce 100 cranks per hour. The firm operates 12 hours…
A: Production is the process consist of different stages. Each stage have different combinations of the…
Q: Question 1 : Identify an appropriate inventory management strategy which Nike could implement in…
A: Inventory management is the complete process of ordering, storing, using, and selling a company's…
Q: ____________________ , and thus is difficult for market producers to sell to individual consumers.…
A: A public good is a good which is for the public and which is used by the public and no one can stop…
Q: A. The Naive Approach B. Three month moving average C.A weighted moving average using 0.60 for the…
A: Forecasting techniques are used to predict future events. Forecasting is the process of estimating…
Q: )What is the efficiency of the assembly line, given your answer in (d? Px
A: A project schedule network diagram shows the sequence of the task that are performed to complete a…
Q: Discuss the traditional, Western management approach to quality as compared to the quality…
A: Quality Management Philosophy: Traditional Western Quality Management Approach: The product must…
Q: Consider following data. Draw activity on arc (AOA) network diagram. Find out critical path,…
A: Critical path tells the shortest duration of the project.
Q: How should Walmart rationalize its seafood supply chain to reduce costs and promote sustainability
A: Walmart purchased around $750 million in seafood from different sources around the globe in 2007.…
Q: How significant is the role that software plays in the quality of products these days?
A: Nowadays using software is getting very common. Every business either small or big is using one or…
Q: Anthony hands Patrick the keys to his new car. This form of delivery is regarded as: O A. Delivery…
A: Delivery of asset from seller to buyer is very important because the buyer has purchased not only to…
Q: the textbook describes the four major reasons why portfolios are unsuccessful, including a) Too many…
A: When an organization manages more than one project simultaneously, it is called a project portfolio.…
Q: NOU are we more kely to negotiate about delivery items? Boteneck gment QUESTION 9 In which supplier…
A: The benefit of Supplier Segmentation for the supply base suggests organizing suppliers by analysis…
Q: True or False: If our explanatory variables do not vary, our model will produce no estimates
A: In regression analysis, there are explanatory variables and response variables. Explanatory…
Q: Operations Management Which of the following statements is FALSE? a. Higher product variety makes it…
A: Stock keeping unit are unique identifiers for the products which would make it easier to track the…
Q: how do you forecast a travel demand? 2. how do you make a transport plan?
A: A travel demand refers to the demand of hotels ,motels ,restaurants which people demands when to go…
Q: Describe what is meant by a learning curve. Provide a simple illustration of a 70% and an 80%…
A: Learning Curve A learning curve is a notion that physically depicts the relationship between cost…
Q: pen-and-paper performance management system
A: Performance management system is a technique used for tracking the performance of the employees. It…
Q: Wang Ceramics makes ceramic pots for a chain of stores. The output and cost figures over the past…
A: Given data is Materials cost = RM3.5 per pound Labor cost = RM11 per hour
Q: An investor is looking to invest R 250,000 with the intent of getting the highest possible return.…
A: Given data is Available amount to invest = R 250,000 Limit to invest in ASBA stock = less than or…
Q: You're starting a firm that will host the websites of other companies. What issues do you consider…
A: A web hosting service is typically a business that serves and maintains files for many other…
Q: Operations Management Give examples of measuring service quality and measuring product quality? (2…
A: Quality is the ability of excellence of producing products that can be compared with other similar…
Q: the role of a project leader in a project management process
A: A project leader is the main and responsible person who has the responsibility to manage and control…
Q: The impact of Covid-19 on happiness is negative because: it decreased economic activity it allowed…
A: COVID 19 pandemic has impacted almost each and every mankind and animals on the earth and makes…
Q: What are some factors that a company should consider when determining whether or not to offer…
A: A part time worker is someone who works less hours than full time workers per week in rotational…
Q: Which of the following statements is TRUE? A. In a market economy, decisions are based on…
A: A market economy or a capitalism economy refers to an economic system in which all the major…
Q: The Fly-Right Airplane Company builds small jet airplanes to sell to corporationsfor the use of…
A: a.
Q: What is carbon footprint? How does your carbon footprint affect the environment and the climate?
A: Carbon
Q: b) The data in Table 4(b) shows the number of nonconforming ties in a sample of size 500, following…
A: Find the Given details below: Given details: Day Sample size Number of Nonconformities 1 500…
Q: What is retrenchment and turnaround strategy? Give its importance in a business including the…
A: Strategy is the plan that managers make to achieve the goals of an organization. It is necessary to…
Q: Below are the production demands for the first four months of the year. What is the 4 month moving…
A: Forecasting is the process of estimating future demand based on previous or historic data and…
Q: What are the benefits of using project management collaboration software?
A: Project collaboration is a systematic manner and a planned way which enables a project manager to…
Q: Which of the following statements are true about the intentional tort of False Imprisonment? Group…
A: ANSWER : False imprisonment is restraining a person in a bounded region without justification or…
Q: Using the following project information, calculate the variance for each of the project activities.…
A:
Q: The school board for the Bellevue School District has made the decision to purchase 1,350 additional…
A: a) BIP model is following: Let X1, X2, X3 be the number of computers to purchase from each supplier.…
Q: What are the drawbacks of testing first?
A: Testing refers to the process of inspecting by doing practical experiment of a process,method or any…
Q: If you’re a supervisor in the company, identify 7 specific safety policy or program that must be…
A: Occupational health and safety deals with all aspects of health and safety in a workplace that…
Q: 1-Discus the Cruise Ship Organization Roles? 2- Mention five of the Required Skills and Abilities…
A: Since you have asked multiple questions, we will solve any one for you, hence solving the second…
Q: There are five primary causes/sources of risk. Identify and discuss these.
A: Risk is an unforseen event of activities which might or might not takes place in near future and…
Q: STEEPLE in Watermelon Oreos
A: Watermelon cookies of Company O are a perfect summertime treat! They have a crispy cookie exterior…
Q: Plan D O.T. Ending Inventory 200 Production Production Stockouts Month Demand (Units) (Units)…
A: The aggregated demand table lists the various needs of a company and the corresponding product or…
Q: All of the following are organization-level impediments to change EXCEPT power and conflict.…
A: There are a number of internal factors that affect the organization and its work and act as barriers…
Q: A company that manufactures cars would use about 50,000 steering wheels per year. Such steering…
A: EOQ stands for economic order quantity. It is a company's optimal order quantity that undervalues…
Q: alifornia. The assembly area is ava lach 10 for 200 minutes per day. (T making other products.) The…
A: Given: Time availability to produce Mach 10 is 200mins Required output rate r=60 units/day Time…
Step by step
Solved in 2 steps
- What do you think are some of the difficulties of adding 25 percent more employees for the holiday season? what kind of planning do you think would be needed?1. An objective must be SMART. What does SMART stand for? Explain each of them. S M A R T 2. In making a project plan, we should first define/determine the problem. What do you think is the reason behind it? 3. Enumerate the project planning steps. 4. Why is planning important in project management? Give 5 reasons to justify your answer. I need it in 30 mins asap1. Why is project cost control important? 2. Explain two ways to control costs using the advanced technologies studied in Unit 2. 3. Who creates the initial cost estimate and updates project costs as actual data is available?
- 4. What are the project phases? Illustrate with example.a) Compare and contrast the three principal organizational structures (traditional, project based, and matrix) and explain the levels of project manager authority that exist in each. b) Describe the basic elements of the project life cycle. Why is an understanding of the life cycle relevant for our understanding of projects?clearly analys the difference between a project manager and a project leader
- Provide a disadvantage of the project team approach and explain.3. What is the most important role of the project manager in project staffing? Give one specific example. 4. What is the importance of project organizational chart? How is this related to project controlling in the progress of the project?1. What are the five phases of project management? 2. Why is it important for a project manager to focus on relationships within a project team and not just processes? 3. Why are Gantt charts used in project management? Cite two reasons. 4. Do you think project management skills would be useful for managing class projects? Why?
- 3) What are the key traits and differences of Project and Review Technique(PERT)/Critical Path Method (CPM)?- Explain the role of a project manager? - List the three types of project management office (PMO)? - How will you collect the project requirements? (mention 2 ways)1. What is project management, what do project management leader do? what is their roles and responsibilities. Is the project should be scheduled on time, and done on time? how to budget and what are the resources to finish the Project on times?