Explain the principles and work processes in ISO 30001/31000 in minimizing business risk!
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: a) RDL Corporation has one small plant located on the outskirts of Manila. Its production is limited…
A: Objective Functions and Constraints: Based on the given details, the objective…
Q: a)Formulate the problem as a linear programming model. b )Solve the problem graphically. What is…
A: Linear programming is a mathematical technique that is also used in operations management…
Q: Which of the following statements are true about an S Corporation? Group of answer choices A.…
A: ANSWER : Protections of incorporation: limited liability, transfer of interest A S corporation…
Q: Please provide definitions for the following expressions in the context of formal meetings:…
A: A formal meeting is an assembly of two or more people to take decision or action. The meeting takes…
Q: What makes the store manager of a retail company a classic example of an operations manager?
A: Operations managers are responsible for the operations of a company on a day-to-day basis. They make…
Q: write example and explain how they are used: 7. BRAINSTORMING 8. NOMINAL GROUP TECHNIQUE
A: Project management is described as the framework that allows guidance to a team and provides them…
Q: Question 9 9. When starting a business, choosing which kind of busine decision with many…
A: Question9: Correct option is option "d" All of the above are correct. because C corporation can…
Q: Q3: Draw the network diagram and determine the critical path for the following project: Activity…
A: A network diagram is a visual representation of a project which helps to identify the activity…
Q: In a BIP problem, which of the following constralnts would enforce a mutually exclusive relationship…
A: The BIP = Binary Integer Programming concerns issues in which the variables are limited to either =…
Q: What problems arise in breaking the operation into elements? (Methods study)
A: Every business or organization exists to accomplish an objective. As such, it’s reasonable to assume…
Q: with quality tools and techniques indicate which tool can be use to assist in analyzing the…
A: In the healthcare industry, quality is defined as the right treatment, at right time, to the right…
Q: QI: For the project listed below, find the following items: 1- Total project finishing time 2-…
A: As per our guidelines, we are supposed to answer only three sub-parts if multiple sub-parts are…
Q: (a) Calculate the probability that the project will be completed in 31 weeks. (Round your answer to…
A: The critical path is the path which takes the longest time among all the other paths to complete the…
Q: believed that Flextronics could deliver production of Xbox on time, even though assembly of the…
A: Since we only answer up to 3 sub-parts, we’ll answer the first 3. Please resubmit the question and…
Q: As a project manager in product development, discuss TWO measures that could be adopted to establish…
A: Product development is the complete journey of the product. The journey starts from the idea of…
Q: Why is the Construction Occupational Safety and Health law important in the workplace?
A: Since you have asked multiple questions, we will solve the first question for you. If you want any…
Q: Comfortable chairs are delivered to XYZ chain of retail stores, called The Queen's Shop, once a…
A: Here, given data, The ROP or reorder point without safety stock=200, The carrying cost per unit per…
Q: A jewelry shop procures a ring at $20 each and sells it at $80 each. Weekly demands for the ring…
A: “Since you have posted a question with multiple sub-parts, we will solve first three sub-parts for…
Q: Write a position paper about the bill "No Assignment Policy"
A: Homework’s and projects are allotted by the school teachers to the students on the weekends for the…
Q: operations* is the right answer
A: A JIT system is a production system that produces goods on demand. The system stores material and…
Q: What is meant by user-centred design?
A: The design of a product plays a role in the buying behavior of the customer. In fact, it is the…
Q: nce of effective time management to successful study? Explain your answers and reasoning.
A: Effective time productively permits understudies to finish more significantly quicker, on the…
Q: 3. Atlas Fertz Corp. makes a fertilizer using two chemicals that provide nitrogen, phosphate, and…
A: Part (A): Decision Variable: Suppose - X1 be the no. of kilograms of ingredient 1 chemical…
Q: three important professional workplace expectations. and What disciplinary action is appropriate…
A: Important professional workplace expectation: 1) correspondence 2) How could I should act? 3)…
Q: What exactly is meant by the term "Infrastructure as a Service"?
A: Infrastructure as a service (IAAS) is the fastest growing area in cloud services. It is best in…
Q: Number of Accidents 25 45 64 95 Using the least-squares regression method, the trend equation for…
A: NOTE: We are allowed to do only one question at a time. The regression equation is of the form:…
Q: Operations Management 5. List and explain at least five efficiency evaluation metrics for collection…
A: Collection management can be stated as the process incorporating techniques of workforce and…
Q: 5. List and explain at least five efficiency evaluation metrics for collection management
A: Collection management can be extremely challenging, with any number of competing goals and…
Q: discuss below 3 types of suppliers 1. Local suppliers 2. National suppliers…
A: 1. Local Supplier Any local firm that operates in domestic sourcing, production, and distribution…
Q: hy is it so important to understand and explain the fundamentals of a typical project feature in the…
A: Projects can be seen as a set of tasks. The project manager is responsible for organizing and…
Q: Who among the following is NOT one of the individuals to manage Strategy Risk for a multinational…
A: There are three types of risks faced by an organization. 1. Preventable risk 2. Strategy risk 3.…
Q: How does revenue management impact an aggregate plan?
A: The revenue management process can be broken down into two components: aggregate planning and price…
Q: In Value Engineering we cannot reduce the quality of the item which will reduce the cost: A) True B)…
A: Value engineering is an approach to provide the necessary functions in a project at the lowest cost…
Q: a. Develop a network representation of this problem. b. Develop a linear programming model that can…
A: Linear programming is a mathematical technique that is also used in operations management…
Q: olving quality-related problems in the organisation is as much about applying the tools and…
A: Organizational problem solving is about more than just applying the right tools and techniques. It's…
Q: Suppose that a processoutput is normally distributed with a mean of 30.0 and a variance of 1.44. If…
A: Mean X = 30.0 Variance = 1.44 Upper specification limit = 30.0+3.25=33.25 Lower Specification Limit…
Q: Problem. A garment factory manufactures men's shirts and women's blouses. The production process…
A: Given data is Workers in cutting department = 25 Workers in sewing department = 35 Workers in…
Q: a. Find the naïve forecast. b. Use the 3 years moving average forecast. c. Have a 5 years weighted…
A: Forecasting is predicting in advance the future sales based on the past data.
Q: Every summer Marianna offers a special convertible roof on the Sport Coupe model. The demand for the…
A:
Q: Write a narrative report about the Retail Management plan of a company
A: Assuming you're hoping to begin a retail business or develop your current retail business you really…
Q: discuss the meaning of the term processes within the context of operational risk management
A: In business, process refers to a set of activities that produce a product or service for customers.…
Q: Which of the following is a true statement regarding project lifecycles? Iterative-phasing of a…
A: The project life cycle consists of four phases, Initiation: Includes developing project proposals…
Q: A jewelry shop procures a ring at $20 each and sells it at $80 each. Weekly demands for the ring…
A:
Q: EXPLAIN the following LEGAL ISSUES in terms of Gender Preference in WORKPLACE
A: Gender preference is seen globally in many workplaces. Men and women are treated differently in the…
Q: t the process capabilities c
A: The term "process capacity" refers to a statistical measurement of the inherent process variability…
Q: Outline the impact e-business can have on the performance of an entity supply chain.
A: Supply chain operations have shifted from mass manufacturing to mass customization thanks to new…
Q: Are there guidelines for project management?
A: Before you start planning the project, make sure you stick to the authorized timeline and budget.…
Q: 360- degree feedback is effective way of appraising the performance of employees provided it is…
A: 360 Degree Employees receive private, anonymous feedback from their coworkers through a system or…
Q: Read the situation below on decision making and see how it can help Eng’r. Estabillo solve his…
A: As per the given case details, Mr. R is the founder of a construction firm. The firm has been…
Step by step
Solved in 2 steps
- A disaster recovery strategy is crucial for every business in the event of an emergency. How can the catastrophe recovery strategy that has been developed be evaluated?Review the AS ISO 31000:2018 Risk Management – Guidelines. 1. Outline the purpose and key features of organisational policies, procedures and processes for risk management. (200 - 250 words)The COVID-19 pandemic dramatically affects the aviation industry, which brings the sharpest decline of passenger demands. It also causes increasing incidents from every aspect of aviation industry, due to the changes of operational environments. The situation will continue to evolve until a “new normal” is reached. Upon your own understanding of the impact of COVID19 on aviation industry, please list five possible safety issues during the pandemic, or in the recovery process, or in the “new normal” period.
- In your own words. Why is proper diagnosis of the problem important? (Our lesson is DECISION MAKING) (Our subject is Engineering management)Explain the approach to quality management that is followed by the ISO 9000 family of standards. Identify the ISO standards that are broadly applicable to managing quality. Discuss the advantages and disadvantages of installing an ISO 9001 system in an organisation. Explain how systems like ISOn9001:2008 can be made applicable to any project.The remaining part of the case and Question below, PLEASE HELP Fortunately, shipboard emergencies are infrequent, but when they do occur they are problematic. For instance, the Costa Concordia hit a rock and sank off Italy, causing32 people to die. A generator fire on the Carnival Triumph stranded 4000 passengers for four days. Sporadically, viruses causing diarrhea and vomiting strike cruise ships, causingCarnival to take an infected ship out of service to eradicate all traces of the virus by sanitizing virtually every object on board.Although these incidents are costly, the cruise industry has a fatality rate three times better than airlines. Economic Issues Spending for a cruise is generally considered discretionary. During recessions, people are more apt to take shorter cruises and to embark from nearby ports rather than flying to faraway points of departure. Interestingly, however, in comparison with other segments of the tourist industry, cruise lines have fared well during…
- . Draw a basic Risk Matrix (Probability vs. Impact) and plot the following FIVE (5) risks. Loss of physical assets Loss of human capital Technology/ equipment failure Operational loss Loss of supply Public LiabilityDescribe the importance of conducting a Business Impact Analysis (BIA) in the development of a continuity plan. What are the key steps involved in conducting a BIA?In the context of business continuity planning, discuss the concept of risk assessment and its role in identifying potential threats to an organization.