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1. An example of the __________ is a product development specialist who bases a decision to not launch a new product on her recent failure with another product offering.
a. representativeness heuristic
b. accessibility heuristic
c. hindsight heuristic
d. utility heuristic
e. availability heuristic
2. Defending turf is a method of political self-protection that can result from one of the following situations __________.
a. minimized commitment to a course of action
b. managers seeking to improve their power by attempting to expand the jobs their groups perform
c. organizations having various departments and groups with aligning interests
d. teams working closely together
e. managers sacrificing their personal interests for the sake of their departments
a) Calculate the EOQ for the workbooks. b) What are the annual holding costs for the workbooks? c) What are the annual ordering costs?
Daniel Trumpe has computed the EOQ for a product he sells to be 400 units. However, due to recent events he has a cash flow problem. Therefore, he orders only 100 units each time he places an order.
How well does risk management contribute to project success? Outline the six sub processes and identify how they contribute to project success.
Determine the schedule and cost variance for a project that has an actual cost at month 15 of $940,000, a scheduled cost of $700,000 and an earned value of $600,000.
Annual holding cost is $3 per slicon chip. The optimal ordering quantity is 1600 chips per order. What is the assumed ordering cost, i.e. S ?
A large law firm uses an average of 40 boxes of copier paper a day. The firm operates 260 days a year. Storage and handlings costs for the paper are $30 a year per box, and it costs approximately $60 to order and receive a shipment of paper. What ord..
How does a Tracking Gantt chart help communicate project progress? Schedule variance (SV) is in dollars and does not directly represent time. Why is it still useful? Why is it important for project managers to resist changes to the project baseline? ..
Consider the two paradigms (individual and organizational) with respect to managing workplace stress. Find and discuss at least one "research-based" article supporting either the individual or the organizational workplace stress management approach.
Describe three different leadership styles from the readings. Using the readings, apply at least one of the styles to your own leadership (leadership can be formal or informal such as volunteer work, church leadership, team leader, leader in your fam..
Discuss the advantages and disadvantages of relying on testing as the sole method of selection. Identify two assessment tests and briefly summarize their structure and design and provide an example of a typical item for this type of test
Utilizing Little's Law calculate the AVERAGE throughput time. Sunshine Medical Clinic serves two hundred patients in an eight hour day which equates to seeing twenty-five patients per hour. The average number of patients in the waiting room, exam roo..
Explain how are the mean activity times and activity variances computed in probabilistic CPM/PERT analysis.
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