Calculate the additional cost resulting from crashing

Assignment Help Operation Management
Reference no: EM131430389

QUESTION:

Cruise International Inc. wants to launch a new onboard telemedicine procedure and the project is time-critical. You need to provide project management assistance to Susan Petersen in Cll's Marketing Department as well as to Dr. Janelle Black at Corporate Medical Services. Comments from your meeting with Susan follow.

"Hello, I'm Susan Petersen. Here's the project I have in mind for you. We have a new telemedicine procedure ready to be introduced onboard our fleet of ships. This is part of Cll's efforts to make passengers feel more comfortable with the onboard medical care and will be featured in our next publicity blitz. It is also much needed help that we have promised the medical personnel working onboard.

The procedure requires the acquisition, installation, and marketing of a new telemedicine communications system. Dr. Janelle Black is responsible for its implementation. She has given me a list of activities that need to be completed before the new system can be implemented. There are four stages:

1. Develop the Criteria and Systems

2. Write the Simplified Operating Instructions for using the System

3. Order the Hardware to Support the System

4. Install the System

5. Training of Staff

At that time, the training of the medical personnel needs to be completed. When the equipment has been installed onboard the Friendly Seas I and the medical personnel are sufficiently trained, we will have a four-week test period before launching the new system and beginning installation in all of our ships. Take a look at Activities for Telemedicine Systems Implementation."

"Since we are anxious for the project to be completed as soon as possible, we have the option of paying additional costs to speed up some of the activities. For example, the normal time required for the communications contractor to finalize criteria can be reduced by one week at an additional cost of $1500.

Another example is that equipment could be shipped by UPS Ground and save one week. This would cost an additional $2,000. Using FedEx would save two weeks but cost an additional $4,500. The training period for the nurses can be reduced by one week if Human Resources allows the nurses to work overtime at an additional cost of $1,200. For the criteria development, $3,500 in overtime can be saved if this activity is allowed to take five weeks to complete."

1. Determine the absolute shortest length of time in which the telemedicine project can be completed if none of the activities are crashed.

2. Determine the shortest length of time the project can be finished if activities on the critical path are crashed.

3. Calculate the additional cost resulting from crashing all the activities possible.

4. Explain how you can minimize the additional cost of crashing the project while completing the project in the same amount of time as determined in question 2.

Activities for Telemedicine System Implementation

Time Estimates for Ship Board Telemedicine System Project

Reference no: EM131430389

Questions Cloud

Establishing proprietary standard as the industry standard : Establishing a proprietary standard as the industry standard may require a company to win a format war against a competing and incompatible standard. Find an example of an industry that has undergone a technological paradigm shift in recent years. Wh..
How do ordinary and smoothed bootstrap distributions differ : In Section 3.3, we performed a permutation test to determine if men and women consumed, on average, different amounts of hot wings.
Assess the value of the various marketing research : Assess the value of the various marketing research tool(s) that Briarwood and Crestview hospital could use to promote effective marketing communication strategies. Justify your response
Find the posterior distribution of µ : find a 95% credible interval for the true μ; and (c) find the probability that the posterior mean math SAT score is greater than 600.
Calculate the additional cost resulting from crashing : Cruise International Inc. wants to launch a new onboard telemedicine procedure and the project is time-critical. You need to provide project management assistance to Susan Petersen in Cll's Marketing Department as well as to Dr. Janelle Black at C..
Find a 90% credible interval for the true proportion : Find a 90% confidence interval for the true proportion of people who think that the government spends too little on the military.
What would be some challenges in using business analytics : Why should you have an understanding of statistics in order to utilize and implement business analytics? What would be some challenges in using business analytics?
Dramatic classroom demonstration : A dramatic classroom demonstration involves cooling a balloon from room temperature (298 K) to liquid nitrogen temperature (77 K). If the initial volume of the balloon is 2.7 L, what is its volume after it cools? (Ignore the effect of any gases th..
Perform a swot analysis on the project : You will be required to select a virtual project to assist in the delivery of health care. Your project can be systems-related, such as upgrading patient records to an electronic health record (EHR) format, or bringing in new technology to a commu..

Reviews

Write a Review

Operation Management Questions & Answers

  Book review - the goal

Operations Management is about a book review. Title of the book is "Goal". This book has been written by Dr. Eliyahu Goldartt. The book has been appreciated by many as one of those books which offers an insight into the operations and strategic capac..

  Operational plan in hospitality enterprise

Operational plan pertaining to a hospitality enterprise is given in detail in the solution. The operational plan is an important plan or preparation which gives guidelines regarding the role and responsibilities of each and every operation at all lev..

  Managing operations and information

Recognise the importance of a strategic approach to the development and deployment of organisational information systems. Demonstrate an understanding of the importance of databases and their integration to the organisation's overall information mana..

  A make-or-buy analysis

An analysis of the holding costs, including the appropriate annual holding cost rate.

  Evolution and contributor of operations management

Briefly explain Evolution and contributor of Operations management.

  Functions and responsibilities of an operations manager

A number of drivers of change have transformed the roles, functions and responsibilities of an operations manager over recent years. These drivers have not only been based on technological innovations but also on the need for organisations to develop..

  Compute the optimal order quantity

Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.

  Relationship to operations practice in the organisation

Evaluate problems in operations and identify approaches to overcoming them. Critically evaluate operating plans and identify areas for improvement. Justify, implement and evaluate changes to operations in line with modern approaches.

  A make or buy analysis

Develop a report for Figi Fabricating that will address the question of whether the company should continue to purchase the part from the supplier or begin to produce the part itself.

  Prepare a staffing plan

Prepare a staffing plan showing the change of your unit from medical/surgical staffing to oncology staffing.

  Leadership styles in different organizations

Ccompare the effectiveness of different leadership styles in different organizations

  Risk management tools and models

Be able to understand the concept of risk, roles and responsibilities for risk management and risk management tools and models.

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