The director of project management

Assignment Help Operation Management
Reference no: EM13917041

On October 31, Juan Jackson sent a memo to his boss, the director of project management, stating that the ABX project would require thirteen weeks for completion. Juan realized that the customer wanted the job completed in less time. After discussions with the functional managers, Juan developed the table attached.

a. According to the contract, there is a penalty payment of $5,000 per week for every week over six. What is the minimum amount of additional funding that Juan should request?

b. Suppose your answer to part a gives you the same additional minimum cost for both an eight-week and a nine-week project. What factors would you consider before deciding whether to do it in eight or nine weeks?

 

1837_Presentation2.jpg

Reference no: EM13917041

Questions Cloud

How are the rules of ethical behavior different : Josh in the Accounting Department tells you that he heard from a reliable source. How are the rules of ethical behavior that govern businesses different from those that govern personal behavior?
Completed related to reliable pharmaceutical supply : To process a prescription order, RPS needs to know about the patients, the nursing home, and the nursing home unit where each patient resides. Each nursing home has at least one, but possibly many, units. A patient is assigned to a specific unit. ..
Deferred tax liability amounts : Determine the total deferred tax asset and deferred tax liability amounts at December 31, 2013. (Enter your answers in millions. Input all amounts as positive values.) Deferred tax asset $ million Deferred tax liability $ million 2. Determine the inc..
Can sound travel through vacuum : Can sound travel through- (a) iron (b) water. Can sound travel through vacuum.Name the type of waves which are used by astronauts to communicate with one another on moon (or in outer space).Name one solid, one liquid and one gas through which sound c..
The director of project management : On October 31, Juan Jackson sent a memo to his boss, the director of project management, stating that the ABX project would require thirteen weeks for completion. Juan realized that the customer wanted the job completed in less time. After discussion..
How familiar are you with various computer technologies : How familiar are you with various computer technologies? What are your professional and personal goals? Where do you expect to be five years from now?
What is the optimal base-stock level that dave should use : A local specialty food store carries a wide variety of gourmet foods and cooking supplies. One of the things they are particularly known for is their wide variety of cheeses from around the world. What is the optimal base-stock level that Dave shou..
Social behavior and monkeys : American psychologist, Harry Harlow, conducted a famous experiment that demonstrated the importance of caregiving and companionship in the social development of monkeys. For this assignment, watch this videoabout the Harlow monkey experiment.
What is wrong with using expressions such as you claim : What is wrong with using expressions such as you claim, complaint, criticism, defective, failed, mistake, and neglected? What is wrong with the following statement?

Reviews

Write a Review

 

Operation Management Questions & Answers

  Explain what the sampling plan means

Large scale integrated (LSI) circuit chips are made in one department of an electronics firm. These chips are incorporated into analog devices that are then encased in epoxy. The yield is not particularly good for LSI manufacture, so the AQL specifie..

  Describe distribution plan also show total distribution cost

Company purchases natural gas from two companies; Southern gas also northwest gas. Develop a linear programming model which can be used to determine plan which will minimize total distribution costs. Describe distribution plan also Show total distrib..

  Did nineteenth century railroads meet hookers tests

Did nineteenth century railroads meet Hooker's tests in asserting corporate rights under the Fourteenth Amendment to the Constitution of the United States? Give reasons for your opinions and reactions.

  Why is it important for human resources to see organization

Why is it important for human resources to see the organization and its employees as internal customers, and those internal customers as co-producers of the services delivered by human resources?

  Multiple choice questions - operations management

Genichi Taguchi believes that through fiddling with production process, the item will fall within control chart limits and that's good enough to satisfy the QLF

  Discuss the assumptions of the basic EOQ model

The purchasing agent for a company that assembles and sells air-conditioning equipment in a Latin American country noted that the cost of compressors has increased significantly each time they have been reordered. Discuss the assumptions of the basic..

  Market and manufacturing requirements

Discuss the market and manufacturing requirements that make it appropriate to use MRP and Just-in-Time.

  What are the competitive priorities for custom molds

What are the competitive priorities for Custom Molds' processes and the changing nature of the industry? What alternatives might the Millers pursue? What key factors should they consider as they evaluate these alternatives? Do you think that their so..

  Make a total of two business-quality posters which can be

create a total of two business-quality posters that can be created on paper or by using a software application

  What has been experience with advantages in working in teams

What has been your experience with advantages in working in teams. Disadvantages. What have you found is the key to effective teams

  How many dvds should blockbuster order

How many DVDs should Blockbuster order and what is its expected profit and what is the profit that the studio makes given Blockbuster's actions?

  Dangerous to be marketed under any circumstances

Are some products too dangerous to be marketed under any circumstances? What regulations, if any, would you place on marketing cigarettes, guns, or prescription drugs?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd