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Q. Computes critical ratios for subsequent activities also specify which activities are probably on targeting also which need to be investigated. Comment on every activity. Elucidate what is your overall interpretation of this result?
Activity Actual Progress Scheduled Progress Budgeted Cost Actual CostA 4 days 4 days $ 60 $ 40B 3 days 2 days $ 50 $ 50C 2 days 3 days $ 30 $ 20D 1 day 1 day $ 20 $ 30E 2 days 4 days $ 25 $ 25
(a) Compute MAPE for management's technique, (b) Do management's results outperform (ex have smaller MAPE than) a naive forecast?, (c) Which forecast do you recommend, based on lower forecast error?
Suppose that the Fabulous Hotel hires you as head chef under a two-year employment contract. After two years, another hotel wants to hire you. However, in the original employment contract you signed with the Fabulous Hotel, the following paragraph..
South Central Utilities has just announced the August 1 opening its second nuclear generator at its Baton Rou, Louisiana, nuclear power plant. Propose this staffing problem using LP. Solve problem. How many trainees should begin each month?
The production manager for Whoppy soft drink company is considering production of 2 kinds of soft drinks: regular and diet. For the production combination of 135 regular cases and 0 diet cases, which resource is completely employed up (at capacity)?
What are the risks of bypassing the steps in decision-making model provided? Under what circumstances would it be appropriate or inappropriate to use a decision-making model?
How do you see the basic principles of project management aiding the operations manager/manageress in introducing change to the system/ process?
Compute the economic advantage of the alternative recommended by you in part a) above over the other alternative.
Graph the constraints for this problem. Indicate all feasible solutions. Find out the optimal solution to LP Relaxation. Round down to find out a feasible integer solution. Is this solution optimal?
Discuss how the research questions and hypothesis are developed. Describe the null and alternative hypothesis and how they support the research effort. Describe how the research effort will be measured and analyzed.
Recognize a problem in your organization, or a challenge from your simulation experience, and apply the four stages of Martin's decision-making model to it.
Do you agree that the success of corporations rests in their capability to communicate effectively, to convince stakeholders of their point of view, and persuade them to respond in a desired manner?'
Propose a linear goal programming model that can be employed to determine the number of each kind of facility to be constructed to best achieve the goals of Santa Ana City Parks and Recreation Department and determine the optimal facility developm..
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