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Using the ITT Tech Virtual Library, select case studies of two construction projects, one that was successful because of correct cost estimation and one that failed because of incorrect cost estimation. On the basis of the case studies, perform the following tasks: Task 1: Identify the direct and indirect costs in both projects. Analyze how the successful project factored in indirect costs well. Task 2: Suggest ways in which the failed project should have estimated indirect costs?
The service industry has become the cornerstone of the US economy. Customer service has become the defining element of many businesses. In today’s market certain industries discriminate between average consumers and “good” consumers (average income a..
Identify one key factor you would advise your management to focus on in the organization's growth strategy. Consider, for example, how customer service could be improved. What specific tactics would you employ for your key factor during the short ter..
Discuss the role that a supervisor plays in planning and controlling organizational performance. Also discuss the challenges of organizing a work structure and environment in the dynamic economic conditions of 2016.
The supervisor at the precision machine shop wants to determine the staffing policy that minimizes the total operating cost. The average arrival rate at the tool crib, where tools are dispensed to the workers, is 5 machinists per hour.
Because people support collaboration so conveniently, wikis are becoming increasingly common in business. Think of two potential applications of wiki sites in a business context and describe the way each would work.
Evans & Wurster assert which Information Technology might enable some to escape the historical trade-off between richness also reach. Does this apply to the consulting industry.
Describe the 4Ps of marketing in your organization? (Product/positioning, pricing, promotion, and placement) Prepare this assignment according to the APA guidelines
Then think about a product(s) you recently purchased-which inventory costs category is probably the largest for this product(s) and how could this category of inventory cost be reduced? Be sure to defend your answer and respond to at least 2 othe..
Louisiana Specialty Foods can produce their famous meat pies at a rate of 1650 cases of 48 pies each per day. The firm distributes the pies to regional stores and restaurants at a steady rate of 250 cases per day. Determine the optimum production run..
What is the optimal order quantity (select the closest number) ? From the previous problem, what is the total annual inventory cost of your policy (select the closest number)?
Consider the readings from the textbook for this unit, as well as your own experience. How would you define excellence in project management. In your opinion, will excellence in project management consistently have a positive impact on the organiz..
What are the three basic causes of workplace accidents? What is the role of OSHA in regards to workplace accidents?
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