Faced with in trying to fulfill triple constraint

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1. Suppose a retailer has two markets, 1 and 2. demand 1 follows normal distribution with mean 100 and standard deviation 12.4. demand 2 follows normal distribution with mean 110 and standard deviation 16.7. the retailer needs to know the mean and standard deviation of the difference between the two demands. please describe the conceptual analysis process to find out these two parameters by using simulation.

2. One of the common difficulties in project management is to fulfill the triple constraint. Part A of this homework is an analysis of Wal-Mart online expansion. If you were hired by Wal-Mart as project manager to build and maintain its ecommerce marketplace, what challenges would you be faced with in trying to fulfill the triple constraint while doing your job? State the challenges and explain how you would address each of those challenges.

Reference no: EM132247285

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