Project to design an integrated information database

Assignment Help Operation Management
Reference no: EM13889878

1.The Advanced Tech Company has a project to design an integrated information database for a major bank. Data for the project are given in Table. Indirect project costs amount to $300 per day. The company will incur a $150 per day penalty for each day the project lasts beyond day 14.

139_265-B-M-L-O-M (2258).png

a. What is the project's duration if only normal times are used?
b. What is the minimum cost schedule?
c. What is the critical path for the minimum costschedule?

Reference no: EM13889878

Questions Cloud

Why profits might not a good indicator for deadweight loss : Provide an explanation for why profits might not be a good indicator for deadweight loss. What about if profits were persistently positive in an industry?
Probability that the noncritical path : 1.In Solved Problem 2, estimate the probability that the noncritical path B,F,G will take more than 20 weeks.
What are guidelines that enhance master budget comparability : What is a master budget and what are guidelines that enhance its understandability and comparability? Why does the preparation of operating budgets before financial budgets increase the usefulness of the budget process?
Determine the upper and lower control limits : Cybersecurity is an area of increasing concern. The National Security Agency (NSA) monitors the number of hits at sensitive Web sites. When the number of hits is much larger than normal, there is cause for concern and further investigation is warr..
Project to design an integrated information database : a. What is the project's duration if only normal times are used?
Apply concepts of institutional discrimination and social : Apply concepts of institutional discrimination and social and economic justice
Calculate the mean and standard deviation : Suppose that the incomes of all people in the United States who own hybrid (gas and electric) automobiles are normally distributed with a mean of $78,000 and a standard deviation of $8300.
Advantage of subordinates : Managers have many opportunities to pursue their own interests and can use their power to take advantage of subordinates, limit their freedom, and even steal their ideas. At the same time, managers may have a natural tendency to become risk averse..
Did you ever purchase a bag of m&m candies : You can go to the website www.baking.m-ms.com and click the United States on the map, then clickAbout M&M's,thenProductsandPeanutand find the percentage breakdown according to the manufacturer, as well as a brief history of the product.

Reviews

Write a Review

Operation Management Questions & Answers

  Book review - the goal

Operations Management is about a book review. Title of the book is "Goal". This book has been written by Dr. Eliyahu Goldartt. The book has been appreciated by many as one of those books which offers an insight into the operations and strategic capac..

  Operational plan in hospitality enterprise

Operational plan pertaining to a hospitality enterprise is given in detail in the solution. The operational plan is an important plan or preparation which gives guidelines regarding the role and responsibilities of each and every operation at all lev..

  Managing operations and information

Recognise the importance of a strategic approach to the development and deployment of organisational information systems. Demonstrate an understanding of the importance of databases and their integration to the organisation's overall information mana..

  A make-or-buy analysis

An analysis of the holding costs, including the appropriate annual holding cost rate.

  Evolution and contributor of operations management

Briefly explain Evolution and contributor of Operations management.

  Functions and responsibilities of an operations manager

A number of drivers of change have transformed the roles, functions and responsibilities of an operations manager over recent years. These drivers have not only been based on technological innovations but also on the need for organisations to develop..

  Compute the optimal order quantity

Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.

  Relationship to operations practice in the organisation

Evaluate problems in operations and identify approaches to overcoming them. Critically evaluate operating plans and identify areas for improvement. Justify, implement and evaluate changes to operations in line with modern approaches.

  A make or buy analysis

Develop a report for Figi Fabricating that will address the question of whether the company should continue to purchase the part from the supplier or begin to produce the part itself.

  Prepare a staffing plan

Prepare a staffing plan showing the change of your unit from medical/surgical staffing to oncology staffing.

  Leadership styles in different organizations

Ccompare the effectiveness of different leadership styles in different organizations

  Risk management tools and models

Be able to understand the concept of risk, roles and responsibilities for risk management and risk management tools and models.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd