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Question 1On an airplane, you find yourself sitting next to an executive whose goodwill is important to you either as a client or as a senior leader of your company. The executive asks, "You said that you are a performance improvement consultant. What exactly does one do?" You have less than 3 minutes (3 short paragraphs) to explain the HPT/HPI processes you use to get results and tie everything back to that executive's business.Question 2Because of your great efficiency and expertise in performance improvement, you have been reassigned to a project that is behind schedule due to the loss of several key staff members. Before taking any action, what information are you going to ferret out about the project and how will you use it to get the project back on track?Question 3Due to a down-turn in the economy, your company has been experiencing financial losses in revenue. You have been asked to put together a team that will find 3-5 low-cost or no-cost ways to resource costs by 25% for your company's main product line. You are being given less 6 weeks to identify and test these cost-cutting measures. If they work in a pilot, you and your team guide the organization through the changes, if not your team will be "redeployed". With no margin for error, you feel that it is imperative that evaluation be "right" from the beginning. Identify the evaluations and key decisions that need to be made in each of the next six weeks. (Reminder: this isn't about designing the solutions but the plan to get to solutions.)Question 4What is the relationship between a cause analysis and a requirements definition (often a document)? How does one impact the other? How does information flow between the two? Also explain what a "cause analysis" is including what information is needed before starting the cause analysis, what information would be gathered during the analysis and what decisions would be made based on that analysis. Then, explain what requirements are and how they will be used.Question 5Explain what a "gap analysis" is including how gaps are defined and measured. Be sure to address how gap analysis relates to needs, requirements, design, project scoping, evaluation and evaluation planning.
Suppose which daily usage is normal also which it has a standard deviation of 1.5 gallons per day. Elucidate what ROP is appropriate if the acceptable risk of a stock out is 2 %.
What is the net cash outflow for the new machine after considering the sale of the old machine? The firm's tax rate for ordinary income is 30%
Be able to understand the concept of risk, roles and responsibilities for risk management and risk management tools and models.
A Corporation which produces pleasure boats has decided to expand one of its lines. Discuss what other factors might be considered in choosing between expansions
Determine the sensitivity ranges for the objective function coefficients, using graphical analysis.
Assuming this aircraft will give Airbus a competitive advantage in the segment of the airliner business which supplies airplanes for long international flights, why did Boeing not respond.
The cost of carrying inventory is 20% per year. What is Johnson Product's annual holding costs assuming Johnson uses the EOQ?
The Retread Tire Company recaps tires. The fixed annual cost of the recapping operation is $60,000. The variable cost ofrecapping a tire is $9. The company charges $25 to recap a tire.
Use Internet or University Library to research actions taken by IMF to support countries hit hardest by economic downturn of 2010-2012, with a special focus on Greece also Portugal. Be prepared to discuss.
Illustrate the linear programming model with its decision variables and its constraints. Use the computer solution generated by Excel (Solve) to see which team works with which project. Provide the Excel file.
D. Craig Exploration Company has been offered a lease to drill for oil on a particular piece of property. While oil has been found on nearby land, there are no assurances that D. Craig will be successful in finding oil
Read the entrepreneur's dilemma and the questions that follow. Identify the legal issue(s) and apply legal concepts and possible arguments for each question.
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