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Using PERT, Adam Munson was able to determine that the expected project completion time for the construction of a pleasure yacht is 24 months, and the project variance is 9.
a) The probability that the project will be completed in 15 months = (round your response to four decimal places).
b) The probability that the project will be completed in 23 months = (round your response to four decimal places).
c) The probability that the project will be completed in 27 months = (round your response to four decimal places).
d) The probability that the project will be completed in 33 months = (round your response to four decimal places).
e) The due date that yields a 95% chance of completion = __________ months (round your response to two decimal places).
Describe your risk profile—risk seeking, risk neutral, or risk averse. What are the pitfalls of your risk attitude? How can knowing your manager’s desirability curve come in handy during the decision-making process?
Working as an individual or in a team of three or more people, use DMAIC to improve a process in one or more of the organizations below:
Discuss the idea that an information system by itself can rarely provide a sustainable competitive advantage?
Examine the problems with SPAM and then offer an efficient way for a business to combat the spam problem. Be sure you define SPAM, indicate you know where SPAM originates and its intent, the problem with SPAM for businesses, and different ways busine..
Employers are required, by law, to remit payroll taxes withheld from employees' paychecks on a timely basis. In addition, employers must remit their portion of the payroll taxes. Explain what comprises the employer portion of the payroll tax liabilit..
Should government be run like a business? Why or Why not? From the readings and Instructor Insights, describe how public or non profit management and business management are alike -but different? Be sure to identify specific attributes.
Evaluate the seriousness and scope of the discrimination. What could have been done to prevent the discriminatory practices in the first place? Provide specific action steps you would recommend
Are carryover provisions in paid sick leave and vacation benefits unfair to some employees? If yes, for whom are the provisions unfair? In either case, explain the rational for your answers
Compare and contrast the following definitions of quality. Definition 1: Quality is the totality of features and characteristics of a product or service that bears on its ability to satisfy given needs. Definition 2: Quality is meeting or exceedin..
Why is it important for the safety practitioner to use macro thinking? Provide one or two examples that support your discussion. Your response must be at least 75 words in length.
Mohawk Industries Inc. is the largest designer, maker, and seller of carpets in the United States. In a separate division, the firm's product line also includes floor tile, pillows, and bed linens. Mohawk has a strong emphasis on cost reduction. If t..
Please discuss the impact of Constitutional Law on Business and E-Commerce, emphasizing the connections between business, law, politics and ethics. Please include a discussion of the Supremacy Clause and how it works?
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