Describe the business operation

Assignment Help Risk Management
Reference no: EM131717290

Assignment : Forecasting/Scheduling

Successfully introducing a new business product or service requires significant planning. Forecasting allows the company to estimate the extent of the changes in operations by looking at levels, trends, and seasonality of the demand for the product or service.

A scheduling tool such as a Gantt chart, program (or project) evaluation and review technique (PERT) chart, or work breakdown structure (WBS) provides a way to identify and organize required activities into a logical order.

In this assignment, you will select a project-scheduling tool and use it to develop the business flow for the rollout of a new product or service.

For example, a call center is considered a service operation. The new service rollout could be the expansion of the call center to a second location or establishing the call center overseas.

In a manufacturing environment, such as a mattress manufacturer, the rollout of a new product could be the expansion of the product line to include futons. In the automotive industry, the rollout could be the expansion of the product line to include hybrid vehicles.

Using the module readings, the University online library resources, and the Internet, identify and select a company you will use for this assignment. This company must be different from the one chosen for M2: Assignment 2. APPLE iPHONE - Then, complete the following:

Describe the business operation you are considering for the forecast and scheduling of your expansion.

What type of forecasting method would be appropriate for the company and the product or service selected? Why?

Choose one of the following project scheduling tools: Gantt chart, PERT chart, or work breakdown structure (WBS).

Use the chosen scheduling tool to document the scheduling process for the rollout of a new product or service.

Provide a rationale for the selection of the scheduling tool.

Submit a 2-3-page paper in Word format and attach a Gantt chart, a PERT chart, or a WBS developed in MS Project.

For the development of the Gantt or PERT chart, you can also download a trial version of visual or graphic design software such as SmartDraw. Include a minimum of three scholarly articles to complete your research.

Your writing should be clear, concise, and organized. Demonstrate ethical scholarship in accurate representation and attribution of resources. Display accurate spelling, grammar, punctuation, and APA formatting for citing of sources.

Reference no: EM131717290

Questions Cloud

Discuss and decide to start training for a pending marathon : As an athlete,you decide to start training for a pending marathon and within the same month,you are forced to get up at 5am everyday
What is the spring constant : When the elevator is at rest, the combination of the two books stretches the spring 140 mm beyond its relaxed length.
Determine income statements of finance companies : How are the balance sheets and income statements of finance companies, insurers, and securities firms similar to those of banks, and in what ways are.
Should nick thomas use marketing research : CASE - Automobile Concepts, Nick Thomas is CEO of Advanced Automobile Concepts (AAC), Should Nick Thomas use marketing research
Describe the business operation : Select a project-scheduling tool and use it to develop the business flow for the rollout of a new product or service.
How does shakespeare feel about his mistress : How does Shakespeare feel about his mistress? How do you know? What does Shakespeare mean by ...when she walks, treads on the ground?
Draw the fbd for the ladder : a. Draw the FBD for the ladder. b. What are the magnitudes of the forces on the ladder from the wall and the pavement?
What is the federal government''s response to various states : what is the federal government's response to various states legalizing marijuana which is against federal laws
Discuss about the risk identification : The project managers identified a number of risks so that team members are aware and mitigate them. The project managers did well in identifying the top risks.

Reviews

Write a Review

Risk Management Questions & Answers

  What are the average total risk and residual risk

What are the average total risk, residual risk, and beta of the MMI assets (relative to the CAPMMI)? Compare the resulting tracking error to the answer to Exercise 4, where w0 is the average residual risk for MMI assets.

  Treasury shares do not have preemptive rights

Treasury shares do not have preemptive rights. The New York Attorney General may revoke certificate of incorporation.

  Explain the process of risk identification

Explain the process of risk identification, risk assessment, and the development of risk control strategies in designing security for an information management system.

  Calculate the weighted average risk

What factors should be taken into consideration when creating an investment portfolio? How should the components of a portfolio be weighted? Is it important to calculate the weighted average risk? Why or why not?

  Provide a qualitative description of intels transaction risk

Provide a qualitative description of Intel's transaction exchange risk. If Intel chooses not to hedge its transaction exchange risk, what is Intel's expected dollar revenue?

  The role of the risk management

The role of the risk management topic in health care organizations.

  Create a risk assessment matrix

Create a risk assessment matrix for the purchase and integration of six new web servers for a start-up Internet firm

  Performing monte carlo simulation

recreate the simulation presented in the "Performing Monte Carlo Simulation" video, which consist of a Excel spreadsheet and a no more than a 2 page paper explaining how the Monte Carlo tool can be used in risk assessment

  What is company WACC

Mullineaux Corporation has a target capital structure of 70 percent common stock and 30 percent debt. What is the company’s WACC?

  What are the five different approaches to risk

Supporting Activity: Two Information Trends, What are the five different approaches to risk? What are the pros and cons of each strategy? Support your answer with solid reasoning

  Which investments are the safest and which are the riskiest

Drawing Conclusions Which investments are the safest and which are the riskiest? Why would investors choose either of those investments?

  What is difference between systematic and unsystematic risks

What is the difference between systematic and unsystematic risks? Is it true that regulators are more interested in systematic risks while individual banks give equal importance to both? Please share your views.

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