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Using PERT, a project team was able to determine that the expected project completion time for construction of a building is 21 months and the project variance is 4. Hint: By definition, the probability that the project team will complete the project in 21 months is 50%. a) What is the probability that the project will be completed in 20 months? b) What is the probability that the project will be completed in 23 months? c) What is the due date that would give the team a 95% chance of completion?
Supply Chain Design and Implementation This assignment will help you develop an understanding about the life cycle of supply chains including the models that are aligned with it and the cost it bears.
What percentage improvement is needed in a supply chain strategy for profit to improve to $25,000? What is the cost of material with a $25,000 profit?
How can socialisation and role theory be applied to relationships in health care between patients/clients and health care workers? firstly describe the key principles of the theory and then give examples of its application in the caring profession..
As a newly recruited materials manager explain all the functions of the units in your department to a group of students on a visit to your organization.
Critically analyse the theory, concepts and models of global supply chain management to interpret and understand complex and ambiguous risks in global logistics and supply chain environments.
List five methods to identify risk. To apply these methods to a real-world situation, describe how you would perform a risk assessment using each of these methods in your organization or in other parts of your life.
Map and draw the new supply network as a result of the changes made in the case and calculate the annual cost associated with running the upgraded system
How much production capacity should the manufacturer reserve for the last day and A group of customers have said that they would be willing to pay $15 per unit if capacity was available on the last day.
Describes a framework to address right post-tender negotiation process based on documentation and justification of why you decided to start with PTN.
Why is time important to competitive advantage? Identify and explain six key contributions that speed can make to logistics and supply chain strategy. Document your sources.
Discuss three possible solutions for reducing traffic congestion on heavily used freeways (highways). Be sure to explain what effect each would have on the supply and/or demand for freeway space.
How can supply-chain and inventory management concepts help Silvaro Motors reduce investment and space requirements whilst maintaining adequate service levels?
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