You work for a small shipping company and warehouse. The owners have decided to update the software used for tracking, shipping, receiving, and inventory. Fifteen computers need to be updated. Hours of operation are 7 a.m. to 7 p.m. Monday through Saturday. Each computer must be updated manually by one of two trained employees, both of whom must be borrowed from other managers. The update procedure consumes 4 hours of the updater's time and generates an additional 1.5 hours of computer downtime. The work must be performed at a central loading station, away from the current location of the computer. How does the project portfolio management approach lead to enhanced strategic management for an organization and give an example how you woulduse this in a work place?

You work for a small shipping company and warehouse. The owners have decided to update the software used for tracking, shipping, receiving, and inventory. Fifteen computers need to be updated. Hours of operation are 7 a.m. to 7 p.m. Monday through Saturday. Each computer must be updated manually by one of two trained employees, both of whom must be borrowed from other managers. The update procedure consumes 4 hours of the updater's time and generates an additional 1.5 hours of computer downtime. The work must be performed at a central loading station, away from the current location of the computer. How does the project portfolio management approach lead to enhanced strategic management for an organization and give an example how you woulduse this in a work place?

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter6: Optimization Models With Integer Variables

Section: Chapter Questions

Problem 91P

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