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Using PERT, Adam Munson was able to determine that the expected project completion time for the construction of a pleasure yacht is 24 months, and the project variance is 9. a) What is the probability that the project will be completed in 17 months? b) What is the probability that the project will be completed in 20 months? c) What is the probability that the project will be completed in 23 months? d) What is the probability that the project will be completed in 25 months? e) What is the due date that yields a 95% chance of completion?
What is the different between treating employees as assets and as investors? When is it appropriate for an organization to treat employees as investors? When is it appropriate for an organization to treat job applicants and employees as assets?
Determine the sensitivity ranges for the objective function coefficients, using graphical analysis.
An engine system consists of three main components in a series, all having the same reliability. Determine the level of reliability required for each of the components if the engine is to have a reliability of 0.998. (Round answer to 4 decimal pla..
Discuss synchronous manufacturing, it is said that one should focus on bottleneck resources and capacity-constrained resources. What is meant by each of these. Why do we concentrate on these particular resources as opposed to other ones?
Identify challenges that internationalization presents to logistics management. And discuss the drivers and logistics implications of internationalization.
Describe a present day organization and how they achieved operational excellence. Describe the tools, such as supply chain management, customer relationship management, and other enterprise applications, and how they help to achieve operational excel..
Illustrate your ideas with concrete examples of both cultural elements and specific countries.
Discuss your opinion regarding the merits of Circuit City’s labor cost-cutting strategy. How might the strategy affect the following competitive issues: ability to cut prices on goods sold, customer service, and recruitment and retention of retail em..
Bubba is a sales representative for Shrimp Boats R Us company, which is a prospective seller of shrimp boats for your project. Bubba has offered you a great end-of-the year deal that is substantially below the current prices for the desired boats. Ot..
Create an introduction that tells what your report is about. Include the Problem Statement that you already created and revised in Part 1. Include terms that readers will need to know in order to understand the report.
How do you write an objective for opening a coffee shop, the objective must have at least five goals, what objective is this project designed to meet? What will be the business need of opening a coffee shop, must include why should this project be ma..
Expected demand for implants during lead time is ten units and the management keeps a safety stock level of twenty units, the ROP would be thirty units.
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