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The main point of Project Management is the concept of an “ Iron Triangle” where you can do trade-off analysis between cost, schedule, and performance. Research this concept online.
Then address the following:
Provide a realistic example of a trade-off, where one of these three items is optimized at the detriment of the other two items.
Explain why you selected the one item to optimize.
Explain how you will work to mitigate adverse impact from the reduction in the other two areas of the Iron Triangle.
William Beville's computer training school, in Richmond, stocks workbooks with the following characteristics: Calculate the EOQ for the workbooks. What are the annual holding costs for the workbooks? What are the annual ordering costs?
Create a scenario (provide the type of organization and a complete description of the task) that would be an ideal situation to employ each of the four most common types of teams: project teams, cross-functional teams, virtual teams, and self-mana..
A 4 year old machine has a remaining book value of $21,000 and a second-hand salvage value of $30,000. You need to analyze the cost of keeping this asset to lease to another party for the next 3 years.
Describe how the view of operations as a process can be applied to the following types of work: acquisition of another company, closing the books at the end of the year, marketing research for a new product, design of an information system, and hirin..
Describe the organization's system in terms of inputs, processes, and outputs. Describe how the company is organized, its people, and technology features; also, the importance of an MIS system to the company.
University of florida football programs are printed 1 week prior to each home game. Attendance averages 60,000 screaming and loyal Gator fans, of which two-thirds usually buy the program, following a normal distribution, for 4 each. What is the cost ..
The one remaining factor is the center of gravity. Use the center of gravity method to select the better site. Monthly shipments will be the quantities listed in thetable.
A small computer firm orders monitors for sale. The annual demand is 1300 per year. The holding cost is 10 percent of the value of the monitors on hand.
Due to variations in processing times, management has decided to keep 20 percent of the needed inventory as safety stock. How many kanban card sets are needed?
Have Google business model and strategy proven to be successful? Should investors be impressed with the company's financial performance? How does the company's financial performance compare to that of Microsoft and Yahoo? Please conduct financial ..
Do you think Bharti should enter outsourcing agreements outlined by Gupta. Illustrate what do you see as pros and cons of such agreements. Explain how do different outsourcing agreements work towards building se core competencies.
Provide an example of a product with intensive distribution, another product with selective distribution, and another product with exclusive distribution. Why do you think each of these three products is sold in this way? Is this the type of distribu..
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