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An important piece of critical chain thinking is to measure what is important--developing the right metrics to measure to true health of a company. Give me an example of a metric a business, preferably one you work(ed) for, uses to measure its business processes that may be misleading by making it look like the company is performing well when financially the company is not achieving what it should to create long-term sustainability.?
How does Parkinson's Law "work expands so as to fill the time available for its completion" relate to the concepts of critical path and critical chain?
Discuss the tradeoffs between cost of a project and shorter lead times. Do you recognize any potential issues with the negotiations with the coatings subcontractor? How could you make those negotiations even more effective?
A virtual team's deliverables are currently at risk of falling behind schedule. The virtual team leader must determine whether the poor team performance is due to individual team member performance or cultural differences. Discuss the various behavio..
Mark plans to open a barbeque restaurant. He can either open the business as a sole proprietorship or obtain a franchise for “Smokin’ Hot Bar-B-Q”. Compare and contrast the advantages and disadvantages of opening the business as a sole proprietorship..
A hotel had a supply of 3,000 rooms in January and sold 2,500 rooms. The total revenue was $270,000 in January. In December, the supply was the same, total revenue was $300,000 and the demand was 2,900 rooms. Calculate the percentage change for the h..
Develop the risk management plan. Identify at least five specific risks that are applicable to the Riordan project. Describe how changes to the project scope, timeline, and budget for the Riordan project will be requested, reviewed, approved, reporte..
Deceptive advertising hurts consumers and competitors alike, and the Federal Trade Commission has stepped up efforts to combat it. Discuss a recent example of deceptive advertising by the FTC and one investigated by the industrly self-regulatory body..
Hospital has capacity/week for 100 general surgeries or 25 neurosurgeries -average demand for general surgeries is 80 and is 15 for neurosurgeries WHAT IS THE OPTIMAL PRODUCT MIX?
There are different types of total quality management (TQM) tools that can be used in quality management. These tools are useful in analyzing data and determining the methods of improving the quality process for an organization.
In this assignment analyse a production system (service or manufacturing based) with which you are familiar; a shop, restaurant, transport system, doctor's surgery are all possible examples
Make an operations chart of one of the following: - Putting a new eraser in (or on) a pencil - Putting a paper clip on two pieces of paper - Putting paper in a printer - Develop a process chart for installing a new memory board in your personal comp..
We will focus on the way to build the first diagram in the process model called a context data flow diagram (CDFD). Give an example of how process modeling might be beneficial? How does creating the CDFD benefit IT system development and the user?
Mental Health Care Administration and Payment Plan" Please respond to the following:
GX Corporation is developing a new innovative product. To launch the product, fixed costs are set at $140,000. Variable Costs are set at $75. They desire to break even by selling 1,000 units.
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