Dear Students,
For this assignment you are asked to develop a Project Schedule Management Question and solve it with PERT Analysis and Project Crashing. In other words, you will be creating your unique question of your own and solve it. Follow the instructions below;
1. Design a project that consists of min 7 - max 10 activities, and define arbitrary Predecessor relationships between these project activities . Assign durations to these activities with 3 point estimates.
2. Apply PERT analysis to your project. If you found only 1 critical path, return back to the first step and re-design your project so that you make sure it has 2 critical paths.
3. Estimate (arbitrary) Crash durations, Normal costs and Crash costs. Then implement Crashing method you learned to shorten the project for 2 periods. Write the total cost of the project after crashing it 2 periods.
All the work must be handwritten. Take a photo or scan your work and upload to CATS/Assignment 2. Important Note: Similar projects will get lower grades, identical projects will not be graded. Hence, be creative to customize your Project.
thanks in advance dear instructors.
In: Operations Management
1) Consider the following requirements for a certain product.
|
Period |
1 |
2 |
3 |
4 |
5 |
6 |
7 |
8 |
|
Gross requirements |
0 |
200 |
200 |
500 |
0 |
400 |
0 |
400 |
Beginning inventory = 300 units
Setup cost = $300 per setup
Lead time = 1 week
Holding cost = $5 per unit per week
(a) Develop the lot-for-lot MRP table - (complete table below).
(b) Calculate the total relevant costs.
Answer (Show all mathematical work):
a)
|
Period |
1 |
2 |
3 |
4 |
5 |
6 |
7 |
8 |
|
Gross requirements |
||||||||
|
On hand beg period | 300 |
||||||||
|
On hand end period |
||||||||
|
Net requirements |
||||||||
|
Order receipt |
||||||||
|
Order release |
b) Total relevant costs = $?,???.
In: Operations Management
Michelle and Tracy are sales representatives for ABC Flooring.
Michelle is on maternity leave and Tracy has been assigned to take
her business calls while she is out. On the first day, one of
Michelle's customers calls the office and asks a secretary for a
price on some high end tile. The secretary, Flo wrote down the
wrong customer phone number and she only took the customer's first
name, John.
What is the problem?
Select one:
a. Michelle is going to miss out on a big sale.
b. The company is going to miss out on a big sale.
c. Michelle may lose a customer.
d. Tracy needs to call the customer back.
e. A and B
Michelle and Tracy are sales representatives for ABC Flooring.
Michelle is on maternity leave and Tracy has been assigned to take
her business calls while she is out. On the first day, one of
Michelle's customers calls the office and asks a secretary for a
price on some high end tile. The secretary, Flo wrote down the
wrong customer phone number and she only took the customer's first
name, John.
Who does the problem involve?
Select one:
a. Michelle, John, and Tracy
b. Michelle and Tracy
c. Tracy, Flo and John
d. Tracy, John, Michelle, and Flo
Michelle and Tracy are sales representatives for ABC Flooring.
Michelle is on maternity leave and Tracy has been assigned to take
her business calls while she is out. On the first day, one of
Michelle's customers calls the office and asks a secretary for a
price on some high end tile. The secretary, Flo wrote down the
wrong customer phone number and she only took the customer's first
name, John.
Who does the problem involve?
Select one:
a. Michelle, John, and Tracy
b. Michelle and Tracy
c. Tracy, Flo and John
d. Tracy, John, Michelle, and Flo
In: Operations Management
The five basic components of promotion include advertising, sales promotions, social media, publicity, and personal selling. All five components of the retailer’s promotion mix need to be managed from a total systems perspective. All non-essential retail businesses are closed due to the COVID-19 lockdown. At some point (hopefully in the near future) we will return to normal and these businesses will reopen. While these businesses will be receiving financial support from the government, many are going to be in a tight situation, and fighting for every dollar when the doors finally open. So, they will need to rely on sales promotion, publicity, social media and personal selling to succeed. Those that don’t get out of the gate strong may not survive. Choose one of the following retailers: Hand and Stone Massage; Modell’s; Caesars casino; or Outback Steakhouse. Describe the best way your retailer choice can use the four promotional components (sales promotion, publicity, social media and personal selling) to be successful when the lockdown is over.
In: Operations Management
What are net profit, net profit margin,gross profit margin, and operating profit margin? Why are these indicators important in business? Explain the importance of knowing how much profit is generated for each dollar in sales? Give specific examples how knowing these information will be helpful in your business.
In: Operations Management
For the following positions, match sources and methods to recruitment. Assume that in all cases you must use external recruitment to fill the position. Justify your choices.
a. Computer programmer
b. Maintenance worker
c. Illustrator
d. Postdoctoral researcher
e. CEO
Note: Managers must first identify the source (where prospective employees are located, for e.g colleges, universities, military personnel etc.) before choosing the method (how to attract them for e.g advertising, internships, job fairs etc).
An example is provided below to guide you to solve the question:
Computer Programmer:
Source: Potential candidates for computer programmers can be recruited from School, College, Universities, Programs etc
Method: Potential candidates for computer programming can be recruited through means of Advertisements, Internships etc
(This is just an example provided above for your clarification, the answer that i need should be properly elaborated and explained)
In: Operations Management
Take one corporation, any one of your choice. Explain what the COVID-19 means for its business. Negative effects may include Boeing, United Airlines, Cheesecake Factory and others. Positives include Johnson and Johnson, 3M and others.
In: Operations Management
In-Class Activity 16-2: Using social media in the promotion blend
Learning Objective
This in-class activity supports the following learning objective from Essentials of Marketing 15e:
LO 16.1: Explain how publicity fits into the promotion blend.
LO 16.2: Understand the differences between paid, earned, and owned media.
LO 16.7: Explain what social media is and how it differs from traditional media.
LO 16.8: Compare and contrast the major social media platforms.
Assignment
Below are read mini cases of specific businesses. For each of these businesses, answer the following questions:
Mini cases
In: Operations Management
As a marketing manager, you have recently turned down Nancy Conrad for a position as sales supervisor. Nancy believes the denial was due to her gender, and she has filed a sex discrimination charge with the EEOC. Explain the steps the EEOC will use to process the charge; include Nancy’s options during the process.
In: Operations Management
International Business
Question 1.
Rank the seven elements of value creation in the short term (1-2 years), middle term (3 -5 years) and long term (5+ years). Describe why you have ranked the top two elements in each term.
In: Operations Management
A nonprofit organization needs to use social media to gain publicity and would like to use influencers to create awareness and also use SEO to their current website.
1- explain how to improve their web presence and SEO and explain the ways to recruit influencers to the above cause?
In: Operations Management
For each of the following, answer True or False. If false, very briefly explain why it is false.
5. By statute, the government is not permitted to take cost-effectiveness criteria into account when deciding to cover new technologies under Medicare. 6. The purpose of a Diagnosis Related Group (DRG) is to prioritize patients who need care most urgently. 7. Suppose a politician suggests means testing the Medicare program. This will have no adverse effects on working or savings decisions.
In: Operations Management
See if you can find a foreign firm that operates in a politically unstable/volatile country (i.e.Syria, Yemen, North Africa, D.R. of Congo, South Sudan, Ethiopia, Somalia, Nigeria, Russia, Venezuela or other). Based on how they operate in the market(s), what techniques does it appear the MNCs uses in response to the political risk? Provide a brief explanation.
In: Operations Management
Explain Ikea's co-creation concept and answer the following questions:
In: Operations Management
What are the technological innovations that can be used to improve e-food supply chain (EFSC) management? Why is the food supply chain increasingly important?
In: Operations Management