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In: Economics
Question A project management consultant estimated that if a particular project was completed, t years after ...
Question
- A project management consultant estimated that if a particular project was completed, t years after completion, N thousand persons would benefit directly from the project, where
N (t) = t3/3 -4.5t2 + 16t, 0 ≤ t ≤10
For what value of t, will the largest number of people receive direct benefits?
- A clothing manufacturer makes trousers, skirts and blouses. Each trousers requires 20 minutes of cutting time, 60 minutes of sewing time and 5 minutes of packaging time. Each skirt requires 15 minutes of cutting time, 30 minutes of sewing time and 12 minutes of packaging time. Each blouse requires 10 minutes of cutting time, 24 minutes of sewing time and 6 minutes of packing time.
The amount of time available for cutting, sewing and packaging is 115 hours, 280 hours and 65 hours respectively. Using either the Inverse Method or the Cramer’s Rule, determine how many of each type of clothing should be made to use all available labour hour.
Solutions
Rahul Sunny answered 2 years agoRelated Solutions
QUESTION I Project Background You have just completed a postgraduate diploma in project management and are...
QUESTION I
Project Background You have just completed a postgraduate
diploma in project management and are currently registered for a
master’s degree where you have to carry out a mini research on
customer care in your organization. Develop a project proposal on
the planning, execution, analysis and reporting of the research.
All processes planned for should be finalized within 6 months from
the 4th august 2018.
GENERAL PROJECT TASK
The following needs to be done:
You know:
How to...
IT Project Management: Acme Company retained your services as a project management consultant to develop an...
IT Project Management:
Acme Company retained your services as a project management
consultant to develop an agile method, using Scrum. Acme has always
used a predictive methodology; however, management has heard the
merits of agile, and they wish to understand the implications of
transitioning to an adaptive methodology. Prepare a short proposal
presenting what training, documentation, executive support, and
team management approaches are needed to pilot Scrum. Provide
justifications for your recommendations.
Your paper should be 2 to 3 pages...
Suppose that, after completing your MBA, you are offered a job as a management consultant in...
Suppose that, after completing your MBA, you are offered a job
as a management consultant in a firm specialized in engagement and
productivity. One of your first assignments is related to the
education sector. specifically working with a large university. The
overall goal of the project you're managing is to identify and
enhance motivational factors of students in a well-known
university. The purpose is to help improve student motivation and
learning engagement to help students reach their goal of degree...
The most likely outcomes for a particular project are estimated as follows: Unit price: $ 60...
The most likely outcomes for a particular project are estimated
as follows:
Unit price:
$
60
Variable
cost:
$
40
Fixed cost:
$
420,000
Expected
sales:
47,000
units per
year
However, you recognize that some of these estimates are subject
to error. Suppose that each variable may turn out to be either 10%
higher or 10% lower than the initial estimate. The project will
last for 10 years and requires an initial investment of $2.1
million, which will be depreciated...
The most likely outcomes for a particular project are estimated as follows: Unit price: $ 50...
The most likely outcomes for a particular project are
estimated as follows:
Unit price: $ 50
Variable cost: $ 30
Fixed cost: $ 340,000
Expected sales: 35,000 units per year
However, you recognize that some of these estimates are
subject to error. Suppose that each variable may turn out to be
either 10% higher or 10% lower than the initial estimate. The
project will last for 10 years and requires an initial investment
of $1.4 million, which will be depreciated...
The most likely outcomes for a particular project are estimated as follows: Unit price: $ 50...
The most likely outcomes for a particular project are estimated
as follows:
Unit price:
$
50
Variable
cost:
$
30
Fixed cost:
$
410,000
Expected
sales:
40,000
units per
year
Modern Artifacts can produce keepsakes that will be sold for $60
each. Nondepreciation fixed costs are $1,400 per year, and variable
costs are $30 per unit. The initial investment of $5,000 will be
depreciated straight-line over its useful life of 5 years to a
final value of zero, and the...
The most likely outcomes for a particular project are estimated as follows: Unit price: $ 50...
The most likely outcomes for a particular project are estimated
as follows:
Unit price:
$
50
Variable cost:
$
30
Fixed cost:
$
490,000
Expected sales:
48,000
units per year
However, you recognize that some of these estimates are subject
to error. Suppose that each variable may turn out to be either 10%
higher or 10% lower than the initial estimate. The project will
last for 10 years and requires an initial investment of $2.3
million, which will be depreciated...
The most likely outcomes for a particular project are estimated as follows: Unit price: $ 60...
The most likely outcomes for a particular project are estimated
as follows:
Unit price:
$
60
Variable cost:
$
40
Fixed cost:
$
420,000
Expected sales:
47,000
units per year
However, you recognize that some of these estimates are subject
to error. Suppose that each variable may turn out to be either 10%
higher or 10% lower than the initial estimate. The project will
last for 10 years and requires an initial investment of $2.1
million, which will be depreciated...
The most likely outcomes for a particular project are estimated as follows: Unit price: $ 60...
The most likely outcomes for a particular project are estimated
as follows:
Unit price:
$
60
Variable cost:
$
40
Fixed cost:
$
250,000
Expected sales:
30,000
units per year
However, you recognize that some of these estimates are subject
to error. Suppose that each variable may turn out to be either 10%
higher or 10% lower than the initial estimate. The project will
last for 10 years and requires an initial investment of $1.2
million, which will be depreciated...
The most likely outcomes for a particular project are estimated as follows: Unit price: $ 50...
The most likely outcomes for a particular project are estimated
as follows:
Unit price:
$
50
Variable cost:
$
30
Fixed cost:
$
360,000
Expected sales:
35,000
units per year
However, you recognize that some of these estimates are subject
to error. Suppose that each variable may turn out to be either 10%
higher or 10% lower than the initial estimate. The project will
last for 10 years and requires an initial investment of $1.6
million, which will be depreciated...
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