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You currently work for a retail store that carries basic household goods, some groceries, and health and beauty products. The store is located in the small community (approximately 5,000 total residents) in which you live and is looking to expand its operations in some way. For this assignment, you are required to develop a major project proposal to be undertaken by your employer. You may decide to expand your product offerings or open an additional store in an adjacent community, for example. You may use figure 2.4A and B in chapter 2 of your textbook as a general outline of what your proposal should entail. Your project proposal must include the following components: Project title Project manager (yourself) Problem definition or project rationale: Describe the problem or opportunity for improvement. Goal definition: Describe the project goals. Objective definition: Quantify the savings or benefits you expect from completing this project. How much will it cost (hours, materials, methods, equipment, etc.)? Estimate how long the project will take to complete. Resources: Identify the resources necessary to complete the project. Risk analysis: Identify the major risks associated with undertaking this project. How likely is it that these risks will occur? How will the project be impacted if these risks occur?
Illustrate what are chief policies, practices, and support systems also management approaches that underlie Manpower's strategy execution efforts?
What concepts of scientific management are useful today? Is there any remaining use of time and motion studies, of standard times, or of man-machine interaction studies?
Layout choices must be closely tied to flow strategy. Which one of the following firms is most likely to select a flexible-flow layout.
A machine is designed to fill bottles to between 16.01 and 15.98 ounces. Thirty samples of bottles filled by the machine were randomly selected from the process. The sample bottles yielded a mean (mu) of 15.99 and a standard deviation of 0.0025. Calc..
Describe formation of the field of Supply Chain Management and explain how the phenomenon of time based competition has affected this field.
prepare a graph that shows total weekly cost for each plan versus daytime call minutes if the agent will use the service for daytime calls, over what range of call minutes will each plan be optimal?
Under what conditions would you choose to use a simulation model? What is the simulation process? Explain the pros and cons of using simulation modeling
Power tools plus sells handyman power tools out of its store in Iowa. It does not advertise outside of Iowa and does not have a website. A South Dakota resident sees the store while driving through Iowa. He buys a power drill. Determine whether the H..
Determine which project might be implemented and why (e.g. feasibility study, breakeven analysis, etc). Describe the five phases of a project
Two alternative plant layout designs are being proposed to produce a new product. The production will consist exclusively of labor-intensive assembly.
A bond has a face value of $1,000, is redeemable in eight years, and pay interest of $100 at the end of each of the eight years. if the bond can be purchased for $981
Mention the advantages and disadvantages of solving integer programming problems by a) rounding off, b) enumeration, and c) the branch and bound method.
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