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PERT/CPM methods of project scheduling have been utilized for over 50 years. More recently, ideas from Goldratt’s Critical Chain (1997) are becoming increasingly popular with project managers. Describe three key ideas of the critical chain approach. (PROJECT MANAGEMENT)
Prepare a two-page paper on "Creating and Sustaining an Innovative Organizational Culture."
With an average service rate of twelve customers per hours and an average customer arrival rate of ten customers for hour, calculate the probability that actual service time will be less than or equal to six minutes. Show math please. This is a suppl..
The owner of a large machine shop has just finished its financial analysis from the prior fiscal year. Following is an excerpt from the financial report: Compute the inventory turnover ratio
Describe the advantages and disadvantages of hiring an internal and external candidate.
Evaluate the efficiency and effectiveness of the process selected in Week Two using the data collected. Determine areas for improvement
Global standardization strategy, If the pressure of cost reduction is high but the pressure of local responsiveness is low then which of the strategic choice a firm should make to "go international":
So how will you as the project manager use this information to ensure project success at completion? Will you be successful? What might get in your way? Does it matter where you are in the project timeline?
What is the role of strategic planning in creating value for the organization? Provide an example of how a company uses strategic planning to create value for the organization.
The Olde Town Microbrewery makes Townside beer, which it bottles and sells in its adjoining restaurant and by the case. It costs $1,700 to set up, brew, and bottle a batch of the beer. The annual cost to store the beer in inventory is $1.25 per bottl..
2 repairers take 20 minutes. and 3 repairers take 15 minutes. While these cars are down, lost income, is $40 per hour. Cars tend to break down at the rate of two per hour.
Explain briefly how techniques described in this chapter could be used to improve operations. Be specific about which techniques could be used, how they could be used, and why you think those techniques would be helpful.
Proofsmart Inc, a supplier of home insulation materials, was burned down in a recent fire. From the remains of what used to be the accounting ledger, the following information was recovered
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