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Why do you think it's difficult to understand some of the basic cost terms in this chapter? Why aren't many technical people interested in cost-related subjects? What could be done to change this? 2. Suppose you were asked to prepare a cost estimate for a project to purchase laptops for all faculty and staff at your college or university. How would you start? How long would it take you to prepare a good estimate? What type of estimate would you prepare, and what approach would you use to develop a cost estimate? 3. What can organizations do to ensure that estimates are good? What can they do to prevent cost overruns? 4. Provide examples of the cost of quality based on your own personal experiences. 5. Do you think that people accept poor quality in information technology projects and products in exchange for faster innovation? What other reasons might there be for such poor quality? 6. Do you think Six Sigma is another quality management fad? Please explain your position.
Marketers traditionally classify products on the basis of characteristics: durability, tangibility, and use (consumer or industrial). for each product type by way of real-life exa
Is it ethical for employers to use information technologies to extend work into employees home lives?
Explain step in location selection
On the day his son was born, a father decided to establish a fund for his son's college education. The father wants the son to be able to withdraw $4000 from the fund on his 18th b
Principle of Motion Economy: The improvement of any method is generally accomplished using the ideas chosen from the alternatives throw up during the critical examination ph
Diagram the process in a manner similar
Do you think the attitudes and bargaining behaviours of the participants in collective bargaining negotiations are more or less important in the final outcome than economic conditi
Explain how process technology is chosen for an operation.
how to solve queuing problems?
1) List the four schools of thought along with the basic cause of the labour problem and solution to the labour problem for each. 2) Explore the online exhibit about the 1911 Tr
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