Questions
1. Explain the idea of a turnkey project. Why should a firm use this arrangement to...

1. Explain the idea of a turnkey project. Why should a firm use this arrangement to expand internationally? In what industries are turnkey arrangements most common?

2. Why should a firm be cautious about entering a licensing agreement?

3. Compare and contrast licensing agreements and franchising agreements.

4 What is a joint venture? What type of joint venture is most common? Provide an example of a joint venture.

In: Operations Management

Problem 9-19 (Algorithmic) The product development group at Landon Corporation has been working on a new...

Problem 9-19 (Algorithmic)

The product development group at Landon Corporation has been working on a new computer software product that has the potential to capture a large market share. Through outside sources, Landon's management learned that a competitor is working to introduce a similar product. As a result, Landon's top management increased its pressure on the product development group. The group's leader turned to PERT/CPM as an aid to scheduling the activities remaining before the new product can be brought to the market. The project network is as follows:

The activity time estimates (in weeks) are as follows:

Activity Optimistic Most Probable Pessimistic
A 2.0 4.0 6.0
B 4.0 4.5 8.0
C 3.0 5.0 7.0
D 1.0 3.0 5.0
E 6.0 11.0 16.0
F 6.5 8.5 13.5
G 3.5 6.0 8.5
H 4.0 6.0 14.0
I 1.0 2.5 7.0
J 4.0 5.0 6.0
  1. Develop an activity schedule for this project and identify the critical path activities.
    If required, round your answers to two decimal places. If your answer is zero enter “0”.
    Activity Expected Time Variance
    A
    B
    C
    D
    E
    F
    G
    H
    I
    J
    Earliest Latest Earliest Latest Critical
    Activity Start Start Finish Finish Slack Activity
    A No
    B Yes
    C No
    D No
    E Yes
    F No
    G No
    H Yes
    I No
    J Yes

    Critical Path: B-E-H-J
  2. What is the probability that the project will be completed so that Landon Corporation may introduce the new product within 25 weeks? Within 30 weeks?

    Expected project completion time =  weeks. If required, round your answer to two decimal places.

    . If required, round your answer to two decimal places.

    P(25 weeks) = . If required, round your answer to four decimal places.

    P(30 weeks) = . If required, round your answer to four decimal places.

In: Operations Management

Discuss the percentage of sales and competitive parity methods for setting advertising budgets. What are the...

Discuss the percentage of sales and competitive parity methods for setting advertising budgets. What are the shortcomings of both these methods?

In: Operations Management

Often organizations are faced with the necessity of changing the direction or focus of their organization...

Often organizations are faced with the necessity of changing the direction or focus of their organization – due to competition, due to new technology, due to environmental issues, regulations, etc. In these situations, uncomfortable changes are sometimes required.

a) Would younger or older employees be more likely to embrace change?

b) Would successful or less successful organizations be more likely to embrace change?

c) One element in reinforcing change within an organization is to replace people and hire outsiders. Even if done with a great deal of care and understanding, this can often come across as a somewhat cruel undertaking. Why is it necessary?

In: Operations Management

Which benefits are of greatest value to your employer. Provide a justification for why you believe...

Which benefits are of greatest value to your employer. Provide a justification for why you believe these benefits are of greatest value to employers (Pick at least 3)

In: Operations Management

1) For the following Business Cycle Phases listed (Provide objectives and at least two deliverables from...

1) For the following Business Cycle Phases listed (Provide objectives and at least two deliverables from each phase)

  • Initiation Phase: Make the business case for the project. Work also begins on the user experience and on architectural proof of concepts.
  • Discovery Phase: Conduct investigation leading to an understanding of the solution’s desired behavior
  • Construction Phase: Complete the analysis and design, code, integrate, and test the software
  • Final V & V Phase : Perform final testing before the product or service is transitioned into production
  • Closeout Phase: Manage and coordinate deployment into production and close the IT project.

                                                                                                         

SUBJECT : MODERN PROJECT MANAGEMENT

In: Operations Management

I need to find an interesting article related to a topic How Exceptional Managers Realize a...

I need to find an interesting article related to a topic How Exceptional Managers Realize a Grand Design

Presentations topic related to Management. Speaking about provides another chance to reinforce what’s been learned, and gives you the opportunity to develop verbal communication skills in a virtual environment, a highly sought-after skill that most employers seek today.

In: Operations Management

Summarize how and when payments are made to beneficiaries under Medicare and Disability programs and the...

Summarize how and when payments are made to beneficiaries under Medicare and Disability programs and the qualifications for each.

In: Operations Management

Diversification merits strong consideration whenever a single-business company faces diminishing market opportunities and stagnating sales in...

Diversification merits strong consideration whenever a single-business company faces diminishing market opportunities and stagnating sales in its principal business. Identify a company you feel should diversify and explain why.

In: Operations Management

1. Due to the COVID-19 pandemic, and the stay at home order handed out by the...

1. Due to the COVID-19 pandemic, and the stay at home order handed out by the Governor and the President we have had to use MIS more. Tools like Zoom have become widely popular and have seen increased users. However, they have also had some challenges. What are some of the challenges that Zoom has faced in the last few weeks? How would you recommend solving them?

2. Companies like Microsoft, Amazon AWS and Google have built their platform for situations like what we are experiencing. How has cloud computing evolved over the years to allow us some form of continuity? Do you believe there will be a rise in companies moving to the cloud and will there be new entrants to the cloud landscape with companies offering Saas? What are some examples of SaaS?

In: Operations Management

Canada is a trading nation, how will Canada adapt to post-Covid world in terms of value...

Canada is a trading nation, how will Canada adapt to post-Covid world in terms of value chain? What role does government have? What is the new normal?

In: Operations Management

Create Five Annotated Bibliographies of operational challenges of Small and Medium Companies

Create Five Annotated Bibliographies of operational challenges of Small and Medium Companies

In: Operations Management

The Hangover Part II has been a hotbed of intellectual property issues. Warner Brothers recently settled...

The Hangover Part II has been a hotbed of intellectual property issues. Warner Brothers recently settled a lawsuit brought by the tattoo artist who did Mike Tyson’s facial tattoo that was then replicated on a character in the movie. Please read Problem 4 on page 549 of the book (Chapter 15) and answer the following questions:

What is the issue in the use of trademarked products in artistic works?

Why is Louis Vuitton so concerned about the use of its products in a film such as the Hangover Part II?

In: Operations Management

Answer these few questions on marketing a Jeep SUV. 1. Of the three levels of the...

Answer these few questions on marketing a Jeep SUV.

1. Of the three levels of the Consumer problem solving, to which one(s) does Jeep appeal?

2. Referring to the psychological factors that impact consumer behavior, which three variables Jeep is trying to influence? (1 point)

3. How should Jeep alter their approach to fit the consumer behavior of the Millennials? (1 point)

4. Describe the five-stage purchase decision process for a Jeep customer.

In: Operations Management

What are the important features of a limited liability company? Explain.​

What are the important features of a limited liability company? Explain.​

In: Operations Management