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Assume that you are offered a new piece of equipment for $10,000 units per year with a margin of $6.00 per unit. Demand for the product being produced has been 2,000 units per year. Your current equipment is fully deprieciated and can produce 2,000 units per year with a margin of $4.00 per unit.Should you perchase the new equipment? Under what conditions?
While cost and time are critical components of projects, how would you define the quality of a project?
Determine the technological components of the production process and determine which provides the greatest overall benefit. Explain your rationale.
Project Management- Implement PPM for projects already in process - When a firm decides to implement PPM into its way of managing projects, one of the first questions that comes to mind is what will happen to those projects already in progress and/..
Can anyone please help me with some ideas on the following - Determine the need for leadership in project management.
Why is it important to evaluate and audit your project and how does this affect the overall strategic direction of the organization?
Establish structure within the department to clarify chain of command and set responsibilities for project tasks and prepare computer program to aid as a management tool in processing funding in a timely manner
Larry's Auto Body Repair Shop had revenues that averaged $60,000 per week in April and $50,000 per week in May. During both months, the shop employed six full-time (40 hours/week) workers.
Quantitative analysis - Critical paths and what happens to the project if a task on the Critical Path is missed or delayed. What about a task on a non-critical path that is missed or delayed?
has just completed the production of the 10th unit of a new high-efficiency turbine/generator. Its analysis showed that a learning rate of 85 percent existed over the production of the 10 units. If the 10th unit contained labor costs of $2.5 milli..
To develop a schedule for a project, we will use the concept of a project network, which shows work activities taken from the work breakdown structure.
Explain the connection between Project Management and an organization's Strategic Plan and briefly explain the task decision making responsibilities under the three project management matrix structures
You just have been instructed to develop a schedule for introducing a new product into the marketplace.
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