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A project manager is faced with the following activities and times associated with a building construction. Each activity can be crashed at most by 2 weeks. The cost associated with each week time reduction is given below. Activity Immediate Predecessor Normal Time (weeks) Crash Cost 1st week Crash Cost 2nd week A - 6 $5,000 $9,000 B - 5 $3,000 $8,000 C A 4 $10,000 $9,000 D B 3 $4,000 $8,000 E C,D 2 $10,000 $14,000 F C,D 3 $12,000 $15,000 G F 4 $14,000 $18,000 What is the earliest completion time for the project? What is the latest completion time for the project? What is the minimum cost to reduce the project time by 3 weeks? Which activities need to be reduced? What is(are) the critical path(s) after the time reduction?
What is intrapreneurship and how is it best enabled?
Lifeline, Inc., has sales of $585,000, costs of $273,000, depreciation expense of $71,000, interest expense of $38,000, and a tax rate of 35 percent.
What are the three major lines of business within InsuraCorp? What type of an enterprise application should InsuraCorp use for its branding and marketing initiatives? What is the bullwhip effect? Why is it a problem for businesses?
Introduction to Strategic Management (2014) provides an overview of strategic management and strategy. To launch our exciting course, this learning activity requires you to explain a high-level overview of your previous or current organization’s stra..
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What are the different types of quality specifications and quality cost? How do you describe six-sigma quantitatively? Qualitatively? Describe the six-sigma quality tools: run chart, pareto chart, cause & effect diagram, and control charts.
Create a table which contains the generic resources, including people, equipment, and materials needed to undertake the project. Note: These are only generic figures to give the Project Sponsor an idea of the level of resourcing required to finish..
determine one 1 mistake that project managers are most likely to make when archiving cost and schedule data for their
because ecosystems change and may recover naturally from disturbance over time what factors affect decisions about
Suppose that after 12 days, activities 1, 9, and 2 have been finished; activity 3 is 75 percent finished; and activity 10 is half finished. How many days after the original start time would the project finish? (Written work to be placed in a Microsof..
Globalization was welcomed around the world at the beginning of the 1990s. Different trade theories were used to explain benefits of free trade and market liberalization. However, by the end of the twentieth century, voices of discontent were begi..
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