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A project manager is faced with the following activities and times associated with a building construction. Each activity can be crashed at most by 2 weeks. The cost associated with each week time reduction is given below. Activity Immediate Predecessor Normal Time (weeks) Crash Cost 1st week Crash Cost 2nd week A - 6 $5,000 $9,000 B - 5 $3,000 $8,000 C A 4 $10,000 $9,000 D B 3 $4,000 $8,000 E C,D 2 $10,000 $14,000 F C,D 3 $12,000 $15,000 G F 4 $14,000 $18,000 What is the earliest completion time for the project? What is the latest completion time for the project? What is the minimum cost to reduce the project time by 3 weeks? Which activities need to be reduced? What is(are) the critical path(s) after the time reduction?
The local operations manager for the IRS must decide whether to hire 1, 2, or 3 temporary workers. He estimates that net revenues will vary with how well taxpayers comply with the new tax code.
The preventive replacement cost of a motor is $5 and failure replacement is $8. The failure times of the motor is normally distributed failure with mean = 4 weeks and standard deviation = 1 week. The company would like to implement a block policy of ..
Explain how can an organization overcome employees' resistance to change. Explain how does your organization respond to planned also unplanned change. Explain how do change agents affect your organization.
Midtown Motors, Inc. has hired a marketing services firm to develop an advertising strategy for promoting Midtown’s used-car sales. The marketing firm has recommended that Midtown use spot announcements on both television and radio as the advertising..
Using the United States as a basis for comparison, evaluate each country's similarities and differences. Use your textbook and the CTU Library to help identify cultural characteristics that will be important during your first meeting with each cou..
Assume that a normal workday is 8 hours. Hiring cost are $350 per worker and firing cost (including severance pay) are $850 per worker. Holding costs are $4.00 per aggregate unit held per month. Assume that it requires an average of 1 hour and 40 min..
Your purchasing manager has requested you as a buyer to develop a commodity strategy for the product group that you are responsible for (stamped, steel components). In your commodity plan you should come up with a future sourcing plan. What informati..
The ________ method of research allows firms to monitor consumer responses to marketing campaigns in a continuous fashion.
Philosophers distinguish between three different types of responsibilities, on a scale from more to less demanding or binding. Explain these responsibilities response should be at least 200 words in length.
Health care providers, managers, and administrators are faced with a variety of ethical issues. These issues range from right to life and abortion to right to die and physician assisted suicide.
Quality is very important to Bruegger's. What features of bagels do customers look at to judge their quality? At what points in the production process do workers check bagel quality
Fudge factors allow project managers extra time to complete project tasks. However, the use of fudge factors can be problematic for a project manager. Discuss the impact of using the fudge factor on a project manager and the project itself.
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