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The main point of Project Management is the concept of an “ Iron Triangle” where you can do trade-off analysis between cost, schedule, and performance. Research this concept online.
Then address the following:
Provide a realistic example of a trade-off, where one of these three items is optimized at the detriment of the other two items.
Explain why you selected the one item to optimize.
Explain how you will work to mitigate adverse impact from the reduction in the other two areas of the Iron Triangle.
An automobile emissions testing center has six (6) inspectors and tests 50 autos per hour. Each inspector can inspect twelve (12) autos per hour. If the center wants a utilization of 90%, how many inspectors are required.
The Malcolm Baldrige award selection process helps improve quality and productivity by which of the following means?
What is cellular manufacturing? What are its main benefits and limitations
When calculating a local basis, the trader must take into consideration a number of variables. Briefly describe each of the variables that can influence the basis.
What functional strategies does an organization need? What might provide the basis upon which an organization decides on a competitive strategy? Describe briefly Porter's notion of being "stuck-in-the-middle." Is it always true?
Articulate key aspects of operations management. Explain why operations management is important to managers in various organizational areas. Please provide specific examples
Describe the links between supply management, production planning and control, and logistics in a supply chain management environment.
Resistors for electronic circuits are manufactured on a high-speed automated machine. Machine is set up to produce a large run of resistors of 1,000 ohms each. illustrate what comments can you make about process.
Describe different ways to develop a WBS and how activity definition and activity sequencing correlate to the project network?
Several samples of size 5 each were taken from a fertilizer-bag-filling machine. The results were: Overall mean lbs; Average range lbs. Determine the upper and lower control limits of the chart. Please give the formulas for calculating UCL and LCL an..
Create a two-page handout that shows learners how and when to use the presentation aids. Employ visual enhancements such as images, bulleted lists, screenshots, callouts,
Construct time series plot. What type of pattern exists in the data. Use simple linear regression analysis to find the parameters for the line that minimizes MSE for this time series.
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