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Many universities, industry professionals, and organizations feel that operations management and project management go hand in hand.
Indeed, often the degree programs are similar, and professional organizations like APICS provide certifications in both. Why do you think it is important for those who manage operations functions to understand project management techniques?
How does a firm integrate principles of both operations management and project management to create customer value?
Sanders borrowed $5,000 from Waskow, giving Waskow a promissory note that read, “One year from date, I promise to pay to the order of James Waskow $5,000, without interest (signed) Mary Sanders.” Six months later, Waskow died. The unendorsed note was..
An auto-rental agency has two employees at its service counter. Customers arrive at an average rate of 18 per hour. The service times mean a service rate of 15 customers per hour. The coefficients of variation of the inter-arrival times and the servi..
The typical resource managed in most projects is people’s time. Additional resources that may need to be considered are: Machine time/capacity – Does the project require time on a specific machine, particularly one that is a scarce resource? Resource..
Describe the authority structure of the plan's implementation. This must describe who is responsible for implementing the plan. Include a description of each role involved in the plan:
Discuss the importance of work packages to support the creation and use of the WBS. Examine how to establish a cost and schedule performance measurement baseline.
Evaluating strategies on a continuous rather than a periodic basis is desired. Discuss the pros and cons of this statement
Where is the line between effective change and chaotic change? What are some elements a manager needs to keep in mind in order to create effective change and avoid chaos?
You have held conversations with Precision Part's leaders and obtained the following information, which you want to use in the development of a 4-year strategic management plan. PPQ Parts employees now number 5,000, and all are currently employed in ..
What are the implications to the use of provider and employer identification? What is quality of efficient MIS system and quality of effectice MIS system?
Garden Variety Flower Shop uses 890 clay pots a month. The pots are purchased at $3.70 each. Annual carrying costs per pot are estimated to be 50 percent of cost, and ordering costs are $30 per order. The manager has been using an order size of 1,000..
A productivity index of 110% means that a company’s labor costs would have been 10% higher if it had not made production improvements. Now refer to the Income Statement in Baldwin's Annual Report. What was the productivity index for Baldwin that led ..
Compare the concept of a modern supply chain with more traditional distribution channels. Be specific regarding similarities and differences. References
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