Operations Management: Processes and Supply Chains (12th Edition) (What's New in Operations Management)
Operations Management: Processes and Supply Chains (12th Edition) (What's New in Operations Management)
12th Edition
ISBN: 9780134741062
Author: Lee J. Krajewski, Manoj K. Malhotra, Larry P. Ritzman
Publisher: PEARSON
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Chapter 7, Problem 4C
Summary Introduction

Interpretation: The project report of each activity is to be prepared and the projected cost and weekly project cost is to be determined.

Concept Introduction: Process strategy guides the pattern of decisions. In this strategy, the managing processes will achieve their competitive priorities.

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To create a project schedule, one must understand the Project Schedule Management processes; in particular, one needs to know the project work or tasks to be performed (i.e., the project scope) and their duration, as well as their dependencies and required resources. How is the knowledge of Develop Schedule process, as well as the inputs, tools & techniques, and outputs can help you in creating a project schedule for (Deliverables -These incorporate the outcomes the venture supervisory crew needs to create to meet the business goals. Project expectations can be simply the item or administration that the task will convey, guidelines and establishment manuals, promoting materials, publicizing efforts, official statements, and so on)?
Your project to obtain charitable donations is now 30 days into a planned 40-dayproject. The project is divided into 3 activities. The i rst activity is designed to solicitindividual donations. It is scheduled to run the i rst 25 days of the project and to bring in $25,000. Even though we are 30 days into the project, we still see that we have only 90 percent of this activity complete. The second activity relates to company donations and is scheduled to run for 30 days starting on day 5 and extending through day 35. We estimate that, even though we should have 83 percent (25y30) of this activity complete, it is actually only 50 percent complete. This part of the project was scheduled to bring in $150,000 in donations. The i nal activity is for matching funds. This activity is scheduled to run the last 10 days of the project and has not started. It is scheduled to bring in an additional $50,000. So far $175,000 has actually been brought in on the project. Calculate the schedule…
Your project to obtain charitable donations is now 41 days into a planned 51-day project. The project is divided into 3 activities. The first activity is designed to solicit individual donations. It is scheduled to run the first 34 days of the project and to bring in $25,700. Even though we are 41 days into the project, we still see that we have only 90% of this activity complete. The second activity relates to company donations and is scheduled to run for 41 days starting on day 7 and extending through day 48. We estimate that, even though we should have (34/41) 82.93% of this activity complete, it is actually only 54% complete. This part of the project was scheduled to bring in $150,700 in donations. The final activity is for matching funds. This activity is scheduled to run the last 10 days of the project and has not started. It is scheduled to bring in an additional $51,400. So far $178,000 has actually been brought in on the project.   Calculate the schedule variance, schedule…

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Operations Management: Processes and Supply Chains (12th Edition) (What's New in Operations Management)

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