Normal Crash Duration Normal Duration Crash Activity (hours) Cost ($) (hours) Cost (S) Immediate Predecessors AB 2 10 2 0 None 3 15 2 23 A с 5 25 4 30 B E MO D 36 3 20 1 24 с 6 30 4 45 C F HGT 1 5 1 0 C,E о 7 35 6 50 F Н 10 50 7 62 D,G
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The client of a project has requested the project team to crash 8 hours of time. The table below
provides the necessary information about the possible project crashing.
(a) What is the crash cost for 8 hours of time-savings?
(b) Assume the team calls the client and asks for a project extension, reducing the amount of time they
need to crash. The project team has a $20 crash budget. Is the budget sufficient to crash 4 hours of
time?
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Solved in 2 steps
- Company X produces a product, GlueX3, that Company X sales for $5. An opportunity presents itself to reallocate its manufacturing facility and related resources to produce Epoxy10. It believes it can sell Epoxy10 for $8. Explain how this switch creates “value”. Be sure to include for whom.To better plan for future growth of the restaurant, Karen needs to develop a system that will enable her to forecast food and beverage sales by month for up to one year in advance. Table shows the value of food and beverage sales ($1000s) for the first three years of operation. Food and Beverage Sales for the Vintage Restaurant ($1000s) Month First Year Second Year Third Year January 242 263 282 February 235 238 255 March 232 247 265 April 178 193 205 May 184 193 210 June 140 149 160 July 145 157 166 August 152 161 174 September 110 122 126 October 130 130 148 November 152 167 173 December 206 230 235 Managerial Report Perform an analysis of the sales data for the Vintage Restaurant. Prepare a report for Karen that summarizes your findings, forecasts, and recommendations. Include the following: A time series plot. Comment on the underlying pattern in the time series.…. How would you respond to the criticism that EOQ models tend to provide misleading resultsbecause values of D, S, and H are, at best, educated guesses?
- 48- The maximum number of sales that can occur in a given period to an individual or businesses that are willing to sell in a given market is known as: a. Product demand b. Market potential c. Market demand d. All the options are correct16.6 which type of graph would you recommend to show each of the following? why? A. A comparison of changes in average annual per capita income for the United States and japan from 2000 to 20018. B. The percentage compositiion of average family expenditure patterns, by the major types of expenditures, for families whose heads are under age 35 compared with families whose heads are 55 or older. C. A comparaison of the changes in charitable giving between December 21, 2007 and December 31, 2017.The following table shows quarterly sales (in thousand units) for a product over 4 years. The overall sales average for the entire 4 years is 126.0625 (thousand units).Fill in the missing values assuming there is no trend.Round seasonal indexes to 4 decimal places.Report Averages accurate to at most 2 decimal places.Report Actual sales ('000) accurate to the nearest integer. Year 1 Year 2 Year 3 Year 4 Average Seasonal Index Quarter 1 92 93 95 106 Quarter 2 105 106 105 101 Quarter 3 197 187 196 1.5211 Quarter 4 106 116 121 0.8865 PART BSuppose actual quarterly sales (in thousands) for Year 5 are 93, 123, 206, and 126 respectively. Assuming there is no trend, forecast sales for the four quarters of Year 5.Use seasonal indexes (rounded to 4 decimal places) from Part A.Report forecast answers as integers accurate to the nearest thousand.Quarter 1 forecast = thousandQuarter 2 forecast = thousandQuarter 3 forecast = thousandQuarter 4 forecast =…
- The BIR need to assess a taxpayer for payment of taxes Group of answer choices True Falsemultiple1- Organizations that seek the most-qualified executive available for a specific position and are generally on assignment from the company needing a specific type of individual are referred to as A- employment agencies B- job fairs. C- progressive search firms. D-executive search firms. 2-Which of the following provides an example of special event recruiting? A- Internships B- Recruiters. C- Employment agencies D- Job fairs. 3- What is perhaps the most common approach to meeting short-term fluctuations in work volume? A. Overtime B- Subcontracting C- Temporary employees D- Employee leasing. 4- The least-expensive recruitment method that provides the broadest coverage is probably through the use of A- newspaper advertising. B- special events C- recruiters. D- employment agencies.We all hate to keep track of small change. By us-ing random numbers, it is possible to eliminate the need for change and give the store and the customera fair deal. This problem indicates how it couldbe done.a. Suppose that you buy something for $0.20. Howcould you use random numbers (built into the cashregister system) to decide whether you should pay$1.00 or nothing?b. If you bought something for $9.60, how wouldyou use random numbers to eliminate the need forchange?c. In the long run, why is this method fair to both thestore and the customers? Would you personally (asa customer) be willing to abide by such a system?
- Dropdowns (Above)1. Yes/No2. Less than/greater than3. 20,30,40,50,60,70,804. Are/Are Not5. May/May NotConsider a telecommunication service provider. You have the following quarterly data: STATISTICS TYPICAL CONSUMER Number of referrals per period (n=n1+ n2) 5 of which, customers that joined due to the referral (n1) 3 of which, customers that would have joined anyway (n2) 2 Marketing cost per period (Mty) $30 Average gross margin (Aty) $78 Cost of referral (aty) $15 Acquisition cost savings (ACQ1ty and ACQ2ty) $10 Yearly discount rate (r) 15% Calculate CRV of a typical customer for one year (over 4 quarters).An organization plans to implement several initiatives to enhance its employees’ organizational commitment. Specifically, community charity activities are targeted to enhance _____ and employee stock option plan is designed to increase ______. a. Affective commitment, continuance commitment b. Continuance commitment, affective commitment c. Affective commitment, affective commitment d. Continuance commitment, continuance commitment