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One of the most important aspects of managing risk for a project is to accurately define the size of the project. Determine the criteria that must be considered to perform the project sizing and create one conditional factor with rationale. Suppose the size of the project was not determined correctly and a large, complex project was defined as a medium project instead. Predict the out come of the risk schedule of the risk management process within this organization. Include examples(ie the incorrect assessment) to support your prediction.
The stamping operation takes 1 minute per T-shirt, and the stamping machines are expected to have 90 percent efficiency considering adjustments, changeover of patterns, and unavoidable downtime. How many stamping machines are required?
What is the purpose of drug courts? What do you think will be their future? Do you think drug courts are a good idea? Why or why not?
What are some of the advantages of entering a market early? Are there any advantages to entering a market late?
Edwards Engineering has a new injection system for your countertop production line. Your process engineering department has conducted experiments and determined that the mean is 8.01 grams with a standard deviation of 0.03.
Andrew the barber owns a four chai shop. andrew estimated that each barber would take an average of 30 min to give a haircut in an exponentially distribution fashion.
Midwest Nut Organization produces cans of mixed-nuts on a high volume assembly line. Using data of last two months, it established average also range control charts to monitor the can-weight. Is the process still in control.
Illustrate what if tech could buy an ATM-type ticket dispensing machine for $6000. This machine would have constant service time of 5 minutes.
Select a real company (not a retailer). Identify four decisions that the company makes at different levels of the organization. Explain the policies, procedures and decision-making tools which might be used to make each of the four decisions.
High Tech, Inc. is a virtual store that stocks a variety of calculators in their warehouse. Customer orders are placed, the order is picked and packaged, and then shipped to the customer.
The EGAD Bottling Company has decided to introduce a new line of premium bottled water that will include several "designer" flavors.
This is a long term strategic decision in which factors might change in the next 10 t0 20 yrs. Elucidate how will this influence the decision.
At what business stage is Emma's Parlor? At what stage is her Web-based organic tea business?
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