Questions
Three recent college graduates have formed a partnership and have opened an advertising firm. Their first...

Three recent college graduates have formed a partnership and have opened an advertising firm. Their first project consists of activities listed in the following table. Use Table B.

TIME IN DAYS
Activity Immediate
Predecessor
Optimistic Most Likely Pessimistic
A 5 6 7
B 8 8 11
C A 6 8 11
D 9 12 15
E C 5 6 9
F D 5 6 7
G F 2 3 7
H B 4 4 5
I H 5 7 8
End E, G, I


b.
What is the probability that the project can be completed in 24 days or less? In 21 days or less? (Round your te and z values to 2 decimal places and "Standard deviation" to 3 decimal places. Round your final answers to 4 decimal places.)

Days Probability
24 days or less 0.9685
21 days or less


c.
Suppose it is now the end of the seventh day and that activities A and B have been completed while activity D is 50 percent completed. Time estimates for the completion of activity D are 5, 6, and 7. Activities C and H are ready to begin. Determine the probability of finishing the project by day 24 and the probability of finishing by day 21. (Round your intermediate calculations to 3 decimal places and final answers to 4 decimal places.)

Probability
Day 24
Day 21 0.0179

In: Operations Management

ISA 700 Forming an Opinion and Reporting on Financial Statements requires auditors to produce an audit...

ISA 700 Forming an Opinion and Reporting on Financial Statements requires auditors to produce an audit report. This report should contain a number of consistent elements so that users are able to understand what the audit report means.

Required:

Describe the content to be found in the any FOUR (4) components of an auditor’s unmodified report,and explain the purpose of each.

(b) Based on the provisions of ISA 700 Forming an Opinion and Reporting on Financial Statements, outline (i) the TWO (2) areas of management responsibilities and (ii) the auditor’s responsibility which should be clearly set out in the audit report      

(c) The auditor is required to state the set of laws and regulations which it complied with in conducting the audit. Explain why it is important to disclose this information and the possible consequence of non-disclosure of this information

In: Operations Management

Essay Topic: Why does your education matter to your community? Words-750

Essay Topic: Why does your education matter to your community? Words-750

In: Operations Management

More and more organizations are leveraging social media, including applications such as Twitter, Facebook, and LinkedIn,...

More and more organizations are leveraging social media, including applications such as Twitter, Facebook, and LinkedIn, as part of their communication strategies. In addition to leveraging these applications, some organizations have gone further and have begun to implement a concept known as BYOD or "bring your own device." Discuss some of the IAS strategies, technologies, and methods you would recommend that a health care organization implement in order to mitigate the potential security risks created through the use of these new technologies and applications. Explain how you would approach a recommendation that attempts to discourage or reject the use of some of these tools, as having an imbalance between the benefits of the tool and the risks to the information assets of the organization by their use.

In: Operations Management

Research at least two articles on the topic of big data and its business impacts. Write...

Research at least two articles on the topic of big data and its business impacts. Write a brief synthesis and summary of the two articles. How are the topics of the two articles related? What information was relevant and why?

In: Operations Management

"Today's state-of-the-art network security appliances do a great job of keeping the cyber monsters from invading...

"Today's state-of-the-art network security appliances do a great job of keeping the cyber monsters from invading your business. But what do you do when the monster is actually inside the security perimeter? Unfortunately, all of the crosses, garlic, wooden stakes, and silver bullets in the world have little effect on today's most nefarious cyber creatures" (Manky, 2010). Review the Office Security Violations media and identify at least 10 security violations. For each violation, describe a remediation strategy. As the auditor, develop an e-mail for the director of this facility and include the violations as well as the remediation strategies along with a date for a second audit. expanding on the identified violations and strategies in their initial posts.

In: Operations Management

Ethical Issues Regarding Emerging Technologies We examine only one area of the different types of emerging...

Ethical Issues Regarding Emerging Technologies

We examine only one area of the different types of emerging technologies and the ethical issues that can arise in connection with them. We focus on the ethics of businesses collecting detailed, and often very private, information on their customers in order to use that information to increase their profits. Ethical issues can be examined from the perspective of the consumers whose information is being collected or from the perspective of the businesses, concerning both how they collect and how they use this information.

Is the increase in information gathering by businesses for increasing their profits a good or bad thing on the whole? Consider the arguments given by Johnson, the perspective of customers, and the perspective of the businesses themselves. Do you think the increasing use of such technologies leads to violations of individual rights and, if so, specifically what rights?

Ethical theory and Business-Arnold Beauchamp

Case 1. Social Media and the Modern Worker: The Use of Facebook as an Organizational Monitoring and Management Tool, pp. 442-444

In: Operations Management

What specific resources and capabilities does your company possess that would make it attractive to diversify...

What specific resources and capabilities does your company possess that would make it attractive to diversify into related businesses? Indicate what kinds of strategic fit benefits could be captured by transferring these resources and competitive capabilities to newly acquired related businesses. The company is a NURSING HOME.

In: Operations Management

Do you agree that simplicity is nowadays a key competitive advantage? Explain why or why not....

Do you agree that simplicity is nowadays a key competitive advantage? Explain why or why not.

What other factors do you consider relevant for adding value to customers?

Share some experiences about technology products or services that have added value to you as a customer?

In: Operations Management

23) All of the following are true about the Patient Protection and Affordable Care Act of...

23) All of the following are true about the Patient Protection and Affordable Care Act of 2010 EXCEPT that ________.

A) individuals cannot be denied health insurance because of a pre-existing condition

B) insurance companies cannot cancel a policy if the insured becomes sick

C) individuals who do not purchase health insurance will be fined

D) children over 21 cannot remain on their parents' policy

29) Most union organizers will NOT continue their organizing efforts unless at least ________ percent of the workers in the workgroup sign authorization cards.

A) 30

B) 40

C) 70

D) 100

30) In conducting a legal campaign to discourage employees from voting for the union, management would most likely ________.

A) tell workers the benefits of remaining union-free

B) threaten workers with loss of their jobs to influence the votes

C) incite racial or religious prejudice by making inflammatory campaign appeals

D) give workers a paid holiday on the day of the vote

31) Mandatory bargaining issues are those which ________.

A) fall within the definition of wages, hours, and other terms and conditions of employment

B) may be raised, but neither side may insist that they bargained over

C) are outlawed, such as the closed shop

D) involve company goals and strategies

35) If union members should reject the proposed labor agreement, ________.

A) the labor contract is void

B) the union's status is in jeopardy

C) it is a clear sign of management victory

D) a new round of negotiations must begin

37) Which of the following is an exception made by courts regarding the employment-at-will doctrine?

A) prohibiting termination on the grounds of public policy

B) permitting claims based on good faith and fair dealing

C) permitting employees to bring claims based on statements made in employment handbooks

D) all of the above

In: Operations Management

A town in California is broke. The city had been warned several times over the last...

A town in California is broke. The city had been warned several times over the last few years that it did not have enough money to pay out future pensioners. There is a law that says the town must pay promised benefits. The town says that it cannot, no money. You be the judge. Who wins here? The town or the pensioners? Why did they win and what did you cite for the reasons?

In: Operations Management

Information security activities often create tension between the desire of users to engage in a particular...

Information security activities often create tension between the desire of users to engage in a particular activity and the need to secure the information assets of an organization. If business stakeholders and the broader community span the globe, how might this contribute to increasing the potential tension between business users and information security professionals? Discuss a strategy that you would use to reduce or eliminate potential areas of tension or conflict between these two groups within a global organization.

In: Operations Management

Consider important aspects of a successful business model. In particular, we begin consideration of the essential...

Consider important aspects of a successful business model. In particular, we begin consideration of the essential components of objectives and the strategies to achieve those objectives. After considering the material found in Bygrave, W. D., & Zacharakis, A. (2014). Entrepreneurship (3rd ed.), chapters 4, 5, and 6:

1a) What steps would you take to establish a business strategy to achieve an appropriate objective? What would be the elements of that strategy? How would you identify and align each element of that strategy with the associated business objective?

In: Operations Management

Why did the Democratic Party files suit alleging conspiracy by Trump campaign, Russia, WikiLeaks to sway...

Why did the Democratic Party files suit alleging conspiracy by Trump campaign, Russia, WikiLeaks to sway 2016 election?

In: Operations Management

Find examples of each tool in the marketer's promotion toolbox in the current press, on the...

Find examples of each tool in the marketer's promotion toolbox in the current press, on the Internet, on TV, or another media source. The marketer's toolbox includes advertising, PR, personal selling, sales promotions, direct marketing, and viral marketing. Research and identify one example for each tool. To prepare for writing your first post, speculate on why the company chose that tool for their message and what they hoped to accomplish.

Write your first post. Be sure to clearly state each tool and provide a link or example so that your classmates know what it is that you are referring to. While most examples will be on-line, it is perfectly acceptable to include references to TV ads, newspaper articles, etc. For each tool you must include your thoughts on why the company chose that particular tool. What did it hope to accomplish? Do you believe that they are successful? Why or why not? You may scan and attach anything you find that you believe would contribute to your classmates' understanding of your examples.

In: Operations Management