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You are asked to explain whether or not your organization (industrial manufacturing of furniture) should pursue ISO 14001 certification for its environmental management system. Provide a summary of your recommendation, along with supporting details.
Compare and contrast project management and project portfolio management. Discuss the issues involved in selecting and managing a portfolio of projects for an organization. What recommendations would you make to senior management to avoid these issue..
For each price combination below, compute the price ratio and find the corresponding least-cost ration. How much money would you save by feeding your least-cost ration instead of Ration ? 3. What happens to the least-cost ration if the price of both ..
The upper and lower limits for diving ring diameters made by John's Swimming are 40 and 39 cm. John took 11 samples with the following average diameters (39, 39.1, 39.2, 38.9, 39.4, 39.5 39.6, 39.7, 39.8, 39.9, 40.1). Is the process in control?
Your very first assignment (due at the end of week one) is to write a description of your own goals for this course. What do you hope to get out of it? What would you like to have learned and/or accomplished by the end?
Murray is a fourth generation antique collector. His family immigrated to the Americas during the Irish Potato Famine and put aside every penny earned towards finding and buying Celtic collectables. Do you think there was a valid contract between Mur..
One of your Taiwanese suppliers has bid on a new line of molded plastic parts that is currently being assembled at your plant. The supplier has bid $0.10 per part, given a forecasted demand of 220,000 parts in year 1; 330,000 in year 2; and 490,000 i..
One search strategy used to discover innovation opportunities is termed Deep Dive. Define Deep Dive as a search strategy and briefly describe a limitation associated with it. Illustrate one way in which advocates of the Deep Dive approach to innovati..
There is a distinction here between the freedom of speech we enjoy as individuals, and that as enjoyed by commercial businesses. You all touched upon this distinction in your posts with regard to free speech under the 1st amendment. What specific pro..
Power often accrues to individuals who are very effective in their jobs or to firms that enjoy sustained high performance. If this is so, how is power different from basic competence, efficiency, or performance?
A manager states that his process is really working well. Out of 1,500 parts, 1,495 were produced free of a particular defect and passed inspection. Based on Six-Sigma theory, how would you rate this performance, other things being equal?
Which of the participants would you judge to be capable? Explain Can the value of the Cpk exceed the value of C p for a given participant? Explain.
In project management, please explain what the terms Crashing and Fast Tracking mean in the project plan and provide some examples.
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