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Question about Aggregate production planning
Work thru this to compare chase versus level aggregate plans:
As a manager of a washing machine manufacturing company, you are required to determine the level of output per month from your plant for the next quarter. At the end of September (last quarter) you had 100 finished washing machines in stock. Your company works with 20 small suppliers on a fee for service of $1600 per month. On an average, each supplier can provide material for 10 washing machines per month.
If you decide not to use all 20 suppliers, average cost of not buying from a supplier is $400 per supplier as the supplier has to be compensated for lost business. If you decide to get new suppliers, the cost of contracting and training a new supplier is $300 per supplier.
Your major customer has projected a requirement of 200 washing machines in October. In November, the customer projects a demand of 300 washing machines and 200 again for December.
Determine the total cost using a one-month planning horizon.
Develop a cost analysis of the above items relating to the library project so we have hard numbers to work with and have a monetary value for reporting and audit purposes.
Multitasking has become the norm in our everyday society and why is it important for a project manager to be aware of multitasking during a project?
What is the minimum cost of crashing the following project by 4 days?
If so, what factors do you think have caused these changes and has changing technology affected the way you manage
Evaluate the usefulness of ROCE
From a project management perspective outline the activities required to successfully manage this project, ensuring that it is on time, and within budget.
How do these traits contribute to effectively managing the execution of a project?
What is the expected time to complete a task with optimistic, most likely, and pessimistic times of 3, 4, and 7 days, respectively?
Project Performance: List the desired outputs from the project. Specify the performance criteria for the project.
After reviewing the EV technique and calculations, does the method have any use when monitoring a project?
List and describe the different levers that project managers use to exert control over projects and provide an example of how each lever can be used in project control.
Show a project network given the information below. Complete the forward and backward pass, evaluate the activity slack, and identify the critical path. Do you expect to receive a bonus or a penalty on this project?
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