Find: Crash cost per day; the activities that should be crashed to meet a project deadline of 10 days with a minimum cost; the new cost.
Q: The strategic management as a management philosophy is reflected in the structure of plans . Discuss…
A: ANSWER : Strategic management is a management philosophy that involves setting long-term goals and…
Q: e.) Explain the principles for how these costs are distributed between the Owners of Evita, Gard P &…
A: Evita had P & I Insurance and Hull insurance with Gard and Loss of Hire Insurance (LoH) with…
Q: a) calculate the overall capacity for the system in units/hour
A:
Q: Produce levelled scheduling with small batch size. Show thecalculation.
A:
Q: hat is your definition of a system analysis
A: Within project management, Planning, research and analysis, design, implementation, and maintenance…
Q: The Attaran Corporation manufactures two electrical products: portable air conditioners and portable…
A: Given, X = number of air conditioners to be produced Y = number of heaters to be produced Objective…
Q: Can I have 2 other rules please?
A: Rules for ascertaining intention Rule A.—Where there is a contract for the sale of specific goods…
Q: Explain logistics distribution in your own words and why we use i
A: Here, first of all, I would explain the term logistics distribution or distribution logistics which…
Q: Maximize z = 2x₁ - 1x₂ + 3x3 Subject to: 1x₁ - 5x₂ + x₂ ≤ 10 2x₁ - 1x₂1x₂ + < 40 X₁, X₂, X3 ²0…
A: Find the given details below: Objective Function: Maximize Z = 2x1 - x2 + 3x3…
Q: Assume you bought 100 shares of AZB on 21 January 2019 at $50.00 per share and sold it on 21 January…
A: The overall return from owning an asset or portfolio of assets over a particular amount of time,…
Q: Assign students to schools such that travel time isminimized.
A: Assignment problems in organizations can have a major impact on the overall performance of a…
Q: Oliver County Cars (OCC) is a large custom made car store located in Oliver County, New York. OCC…
A: The minimal length of time that must elapse between orders for a product in order to reduce the…
Q: The owner of Eat Now Restaurant implemented an expanded menu early last year. The menu was a…
A: ANSWER : The mass customization is a technique of specially made wherein base item is made in…
Q: In our study of chapter 16 we learned that minors (those under the age of 18) have only limited…
A: Introduction- A contract can be characterized as an understanding made between at least two people…
Q: Beauty Products makes two styles of hair dryers, the Petite and the Deluxe. It requires 1 hour of…
A: Objective Functions and Constraints: Based on the given details, the objective…
Q: For the following problem, formulate the Linear program or LP as follows: 1) Define the decision…
A:
Q: Ralph Edmund loves steaks and potatoes. Therefore, he has decided to go on a steady diet of only…
A:
Q: Why is it important to create an outline as oppesed to simply writing a rough draft? Why is the…
A: Planning aids an organization in determining the best course for achieving its objectives. Reviewing…
Q: According to this scenario, what can we add to the previous answers?
A: Turnover Causes at Columbus Custom Carpentry New hires are leaving Better opportunities outside…
Q: 1. How do you know that you are a captive of technology? List three positive and three negative…
A: A person who is enslaved by or connected with digital technologies 24 hours a day, seven days a…
Q: You are a newsvendor selling San Pedro Times every morning. Before you get to work, you go to the…
A: The optimal number of newspaper can be calculated using below given standard equations. Optimal…
Q: 2) Discuss the importance of Operations Research in business management.
A: ANSWER : Operations research (OR) is a multidisciplinary field that uses advanced analytical and…
Q: Ruffa's diet requires that all the food she eat come from the four basic food groups: chocolate…
A: The goal of this problem is to find the optimal combination of four foods that satisfies a person's…
Q: Evaluate the role IT systems such as MRP and ERP have within an organization’s operations and…
A: Introduction: In today's competitive market, every company tries to be more and more customer…
Q: DU 15 ES LS EF LF 0 DU 10 ES LS EF LF 0 DU 20 ES LS EF LF NETWORK FOR EXERCISE DU 15 ES LS EF LF DU…
A: Critical activities are those for which the beginning and finish times are totally characterized.…
Q: 1. The crossover point between two processes A and B can be stated as - [ ] a. variable costs of…
A: Variable costs (VC) are any expenditure that fluctuate or vary based on how much a business produces…
Q: Establish the control limits to include 99.73% of the random variation in defectives. LCL = ?
A: Given the data shown below, For this Dataset, I would determine the UCL and LCL control limits,…
Q: 1- How much turnover is too much? 2- What is causing the turnover at Columbus Custom Carpentry? 3-…
A: Turnover/attrition rate :- The employee attrition rate is the percentage of employees who leave a…
Q: What are some of the benefits and drawbacks associated with doing research evaluations?
A: ANSWER : Benefits of research evaluations include: the ability to assess the quality and validity…
Q: a. If carrying costs are $2 per year for each stone, find the order quantity that will minimize…
A: EOQ stands for economic order quantity. It is a company's optimal order quantity that undervalues…
Q: Q1: Determine the duration of project for the activities shown below, and find the critical path,…
A: Here, I have been given the activity table data, this table data would help us to construct the…
Q: can you Describe in 1000 words, process evaluation?
A: Organizations always try to keep a regular check on their current and ongoing progress. It is the…
Q: What would be the implications of quality initiatives on cost, schedule, and features. What might be…
A: The practices that are developed with the objective to improve the quality of a project or product…
Q: Question 2 Read the case study below and answer the following questions:Lazada eyes more sellers…
A: The multi-channel logistics and distribution strategy will help Lazada to reach maximum potential…
Q: Director of “We Care” hospital, want to apply for accrediting their healthcare facility. He knows…
A: The term "accreditation" refers to the procedure by which a healthcare facility will show that it is…
Q: a) Determine the economic order quantity. b) Consider that a service level of 85% (Z=1.036) is to be…
A:
Q: 6. From the following information, develop an AON project network. Complete the forward and backward…
A: Throughout project management, the term "activity-on-node" refers to a precedence diagramming…
Q: Match the sources of cost advantage to the definitions provided. Remember to select a different…
A: The sources of cost advantage to the definitions provided are below with suitable.
Q: Q23 Explain organisational systems for the following procedures: (5.2) a) Sales invoicing b)…
A: a) Sales invoice means an accounting document sent by a provider of goods or services to a…
Q: In business parlance, what does it mean to have "several processes" in place? Could this idea be…
A: ANSWER : In business parlance, having "several processes" in place means that an organization has…
Q: Mention any five points that emphasise the significance of controlling.
A: Introduction: Controlling refers to the idea of channelizing the actions of the employees of a given…
Q: 6 Which of the following is not a critical design decision? O Product Design O Process Design…
A: Critical decision indicating the process which help to choose the most useful decision in critical…
Q: We have a dataset of different countries and we want to generate an indicator that indicates whether…
A: Explanation : The correct syntax to generate an indicator variable named "Africa" that is equal to 1…
Q: Most major banks offer a credit card service for students. In 2011, Canadian credit card interest…
A: ANSWER 1 : To determine the interest rate for various savings accounts, chequing accounts, and…
Q: You have just graduated from college and are looking to buy your first car. Money is tight right…
A: Given, Importance to you is a column like weight to the preferred dimension. The greatest value can…
Q: Select the most appropriate definition of differentiation in relation to strategy. Select one: a. A…
A: Strategy can be defined as knowledge of goals, uncertainty of events and actual behavior of others.
Q: How may a project involving the development of new technologies, like mobile banking, make use of…
A: The four organizational frameworks are : Structural Frame Human Resource Frame. Political Frame.…
Q: Location decision is a trade-off decision”- why? Elaborate
A: Introduction :- Location decision in operations management refers to the process of selecting the…
Q: 2) Describe the four (4) special cases in simplex application. Which of the 4 need revision of the…
A: ANSWER : The simplex method is a widely used algorithm for solving linear programming problems.…
Q: The strategic management as a management philosophy is reflected in the structure of plans . Discuss…
A: ANSWER : The statement that "The strategic management as a management philosophy is reflected in the…
Trending now
This is a popular solution!
Step by step
Solved in 2 steps with 5 images
- The ill-fated Trophy Project was in trouble right from the start. Mulenga, who had been an assistant project manager, was involved with the project from its conception.When the Trophy Project was accepted by the company, Mulenga was assigned as the project manager. The program schedules started to slip from day one, and expenditures were excessive. Mulenga found that the functional managers were charging direct labor time to his project but working on their own pet projects. When Mulenga complained of this, he was told not to meddle in the functional manager’s allocation of resources and budgeted expenditures. After approximately six months, Mulenga was requested to make a progress report directly to corporate and division staffs.Mulenga took this opportunity to bare his soul. The report substantiated that the project was forecasted to be one complete year behind schedule. Mulenga’s staff, as supplied by the line managers, was inadequate to stay at the required pace, let alone make up…The ill-fated Trophy Project was in trouble right from the start. Mulenga, who had been an assistant project manager, was involved with the project from its conception.When the Trophy Project was accepted by the company, Mulenga was assigned as the project manager. The program schedules started to slip from day one, and expenditures were excessive. Mulenga found that the functional managers were charging direct labor time to his project but working on their own pet projects. When Mulenga complained of this, he was told not to meddle in the functional manager’s allocation of resources and budgeted expenditures. After approximately six months, Mulenga was requested to make a progress report directly to corporate and division staffs.Mulenga took this opportunity to bare his soul. The report substantiated that the project was forecasted to be one complete year behind schedule. Mulenga’s staff, as supplied by the line managers, was inadequate to stay at the required pace, let alone make up…You are managing a project to build a new wing onto a local school buildingover a summer break. One night, the school and your construction site aredestroyed by a tornado. Your client demands that you continue work despitethe disaster, but you consult the contract, and find a clause that states thatyou are not responsible for any more work. This is referred to as _____.A. An “act of God” clauseB. MitigationC. An ex parte communicationD. A force majeure clause A project manager is running into problems with the team. People arerepeatedly running into trouble over seemingly small problems: who takesnotes at meetings, what dress is appropriate for the office, who people needto notify when they take a day off. The problems started out small, but asmore people run into more problems the situation is rapidly escalating. Thissituation is most likely caused by a lack of _____.A. Ground rulesB. Sensitivity trainingC. Common courtesyD. A reward system
- Edward and Tony are fraternity brothers. Edward has a dinner party to celebrate getting a new job. Tony helps Edward out with the dinner party, coming 3 hours before, helping with cooking, buying the ingredients for the dinner, and party set up, and staying after, to help with clean up after. The next day, Edward promises Tony that Edward will pay Tony $100 because of all the help Tony provided the day before at the dinner party. Is Edward's promise enforceable? Why or why not?Bobby is an employee of a publicly traded corporation, and holds stock and stock options. As a member of the product development team, he has been working on the design of a new product at the company. For its part, the company has been pinning most of its future economic hopes on thesuccess of the release of the product. However, the development of the product has not gone public yet. The company is keeping the entire project a complete secret until it releases it publicly. The company has been so secretive about the new product that no one but Bobby knows the releasedate yet. When Bobby realizes this, he decides to use this information to profit heavily by purchasing as much stock as he can afford in the company right before the product goes public. Then, when the stock prices rise after the successful release of the product, he plans to sell it all. What kinds of information are considered "material information" when discussing insider trading? Would the information Bobby used to…Examine why project scope creep can yield a positive impact on a project
- 3. Describe benefits of including the people that will be involved in performing the projectwhen planning the project.Project Managent 11. Explain concept of risk management in projects. b. Explain the importance of planning and monitoring and controlling scope on a project.You are a consulting project manager and have been contracted by an investment bank to run a large information technology project that is expected to last 15 months. During the Direct and Manage Project Work process, you discover that several regulatory requirements have not been addressed in the project management plan. Failure to meet these requirements could result in legal action against the company. However, implementing the technology to comply with these regulations exceeds the budget and scope of the project, and could result in the cancellation of the project. As a project manager what are some of the critical issues that you will undertake?
- Can you help me with these two discussions and how much. I added the four causes to discussion 1Discussion 1Choose any four âcausesâ of change within a project in table 9.1 in the text. Provide a project example and scenario, and describe the impact of each change. Was there a level of change control in the project examples that tracked ownership, documentation and approval of these changes?-Poor Communication-Difficulty Scoping-Poor Planning-Unforeseen ProblemsDiscussion 2The identification of all changes to a project is only the first step for ensuring a control system is in place. Describe the detailed steps you would implement for your project to ensure an entire change control process is in place. Consider the following topics in your answer: documentation, analysis, approval and implementation. Why is the baseline configuration important to this topic?Based on the article, “Project Scope Creep” could be described as a necessary evil. Examine why project scope creep can yield a positive impact on a projectAssess if project management software may aid in the successful management of project expenses.