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4) Your boss would like you to study the impact of making two changes to how the project is organized. The first change involves using dedicated teams that would work strictly in parallel on the activities in each subproject. For example, in subproject P, (product specifications) the team would work on P1, P2, P3, and P4 all in parallel. In other words, there would be no precedence relationships within a subproject-all tasks within a subproject would be worked on at the same time and each would take the same amount of time as originally specified. With this new design, all the subprojects would be done sequentially with P done first, then S, D, I, and finally V. What would be the expected impact on how long it would take to complete the project if this change were made? 5) The second change your boss would like you to consider would be to select the suppliers during subproject P and have them work directly with the dedicated teams as described in 4. This would involve adding an additional activity to subproject P called supplier selection and contract negotiation (P5) with a duration of 12 weeks. This new activity would be done in parallel with P1, P2, P3, and P4. Subprojects S and V would be eliminated from the project. What would be the expected impact on how long it would take to complete the project if this additional change were made? 6) Evaluate the impact of making these changes using criteria other than just the time to complete the project. Do you think it would be in Nokia's best interest to try to make these changes in how they run this and future cell phone design projects?
Question: Explain why the free rider problem makes it difficult for perfectly competitive markets to provide the Pareto efficient level of a public good.
Some commentators have argued that the failure of the “Super committee” is good thing for the economy? Do you agree?
Case study analysis about optimum resource allocation: - Why might you suspect (even without evidence) that the economy might not be able to produce all the schools and clinics the Ministers want? What constraints are there on an economy's productio..
Questions: : Which of the following are likely to be fixed costs and which variable costs for a chocolate factory over the course of a month? Explain your choice.
Problem - Total Cost, Average Cost, Marginal Cost: - Complete the following table of costs for a firm. (Note: enter the figures in the MC column between outputs of 0 and 1, 1 and 2, 2 and 3, etc.)
Problem based on Oligopoly and demand curve, Draw and explain the demand curve facing each firm, and given this demand curve, does this mean that firms in the jeans industry do or do not compete against one another?
Explain the impact of external costs and external benefits on resource allocation; Why are public goods not produced in sufficient quantities by private markets? Which of the following are examples of public goods (or services)? Delete the incorrec..
Describe the differences between shifts in demand and movements along the demand curve. What are the main factors which can shift the demand curve? Explain why they cause the demand curve to shift. Use examples and draw graphs to support your discuss..
Article Review Question: Read the following excerpts from the article "Fruit, veg costs surge' by Todd, Dagwell, published in the Herald on January 25th 2011 and answer questions below:
Long-term Growth, International Trade & Globalization:- This question deals with concepts such as long-term growth, international trade and globalization. Questions related to trade deficit, trade surplus, gains from trade, an international trade sce..
"Does the economic bailout of Spain and Greece spell the beginning of the end for the European Monetary Union (EMU)?"
Read the rules of the game, the overview and the almanac for the Development Game "Settlers of Catan"
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