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Zhu Manufacturing is considering the introduction of a family of new products. Long-term demand for the product group is somewhat predictable, so the manufacturer must be concerned with the risk of choosing a process that is inappropriate. Faye Zhu is VP of operations. She can choose among batch manufacturing or custom manufacturing, or she can invest in group technology. Faye won't be able to forecast demand accurately until after she makes the process choice. Demand will be classified into four compartments:
poor, fair, good, and excellent. The table below indicates the payoffs (profits) associated with each process/demand combination, as well as the probabilities of each long-term demand level:
a) Based on expected value, what choice offers the greatest gain?
b) What would Faye Zhu be willing to pay for a forecast that would accurately determine the level of demand in the future.
developer who is requesting to complete his current project using the newly-released Belchfire 500. What will your answer be, and why?
Describe how you would go about saving project - you can comprise all the things that you would require (Hardware? Software? Management structure, etc - socio-technical system).
Using the tools provided in Online Lecture 1, describe how you plan to get your new staff members up to speed on your project.
Write a two pages plus references about the major factors that contribute to project's success? describe and justify your position.
Describe a SWOT analysis and its purpose or use within project management. Explain the criteria for choosing a particular project. Explain two reasons why a project would not be awarded to a bidding firm, and provide examples for each reason
A case study on Hong Kong Disneyland, focusing on the topic of week three - prepare a term paper on judging project success
project manager unforeseen risks and planning1. todays organizations must recognize that the profile of
Fully explain and describe the functions and necessary characteristics of an effective project manager.
Road King Trucks - Assessment Project, The Transit Bus Opportunity. The company currently builds trucks and is considering building buses. A cost assessment should be done to see if the bus manufacturing will be at a reasonable cost.
Write summary in which you provide a high-level technical overview of your project where you address the following from the case study:- Strategy Development- Innovation and Competitive Analysis.
In adequate management, assertion and documentation of internal controls may result to 'significant deficiency or material weakness'.
project managementin regards to top-down versus bottom-up budgeting in the newsgroup. there are advantages as well as
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