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For project managers, the larger the project team, the greater the complexity and the more time spent communicating. What's more, it always costs more and generates far more work for you, the project manager. Do you believe crashing is an art or strictly math? How important is communication when a project manager needs to crash the project? Justify your response. If your team is now 6 people, and you add 2 people half way thru the project, how are the number of communication channels changed?
What is the net cash outflow for the new machine after considering the sale of the old machine? The firm's tax rate for ordinary income is 30%
The management of Madeira Manufacturing Company is considering the introduction of a new product. The fixed cost to begin the production of the product is $36,000. The variable cost for the product is uniformly distributed between $20 and $28 per uni..
Discuss the Chaos Theory (Be sure to read the lectures concerning this theory, as well as go through the additional links) in relation to the health care system today.
Can you think of an existing product that has been repositioned by finding a new market with a different need than the original product? Think of Croc's Shoes, for example. They repositioned from a casual, fun shoe to a practical work shoe for nurses..
Some people argue that organizations can develop their own corporate culture, and that doing so will make differences in country cultures irrelevant to effectively managing human resources. Do you agree? Explain your opinion.
A company has collected the following information for three potential facility locations. Location Annual Fixed Cost Variable cost per unit A $2 million $40 B $3 million $30 C $4 million $20 (a) What is the breakeven quantity between Location A and L..
What type of organizational arrangement(s) do you see the two firms using in coordinating their worldwide operations? Which of the two companies has the more modern arrangement? Do you think this increases that firm's efficiency, or does it hamper..
List and describe the strategies that can be used to overcome resistance to change.
Discuss the role of sensitivity analysis in LP. Under what circumstances is it needed and under what conditions do you think it is not necessary?
Daily demand for a product is 100 units, with a standard deviation of 25 units. The review period 10 days and the lead time is 6 days
The freighter is divided into two holds, starboard and port. The starboard hold has a volume of 14,000 cubic feet and a weight capacity of 26 tons. The port hold has a volume of 15,400 cubic feet and a weight capacity of 32 tons .Fro steering reasons..
Why is quantitative risk so important in risk mitigation? Explain how you have seen this in action in life or in your organization.
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