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Why might a probabilistic estimate of the project completion time based solely on the variance of the critical path be misleading?
Under what circumstances would it be acceptable?
Byron Bennett and Louis Gagliardi were partners in a law practice. Under their partnership agreement, Gagliardi received 60 percent of partnership profits and Bennett received 40 percent. Was Bennett entitled to compensation for his time spent windin..
Use the Internet to research a company of your choice, and identify its mission statement, vision, and values. Create a brief strategic planning process to achieve the mission and vision of the company you selected. Justify the use of either a reacti..
Nike faced a similar dilemma in Vietnam, where it was accused of paying less than a liveable wage ($1.60 per day). Illustrate what would you do as the Operations Manager.
Name four methods of quantitative analysis that are useful in informing the facility location decision. How can each of the methods assist you in location decisions. Provide examples for each of the four.
As you examine PepsiCo leadership at the end of the case, analyze the prototyping, if any, that leadership is undertaking as a way to experiment with the future. Consider whether PepsiCo leadership is following Scharmer's (2008) advice
An assembly line with 17 tasks is to be balanced. The longest task is 2.4 minutes, and the total time for all tasks is 18 minutes. The line will operate 450 minutes per day.
i according to the theory of constraints which of the following financial measurements can be used to measure the firms
Below are three statements that are often used to describe the environment of a matrix. Do you agree or disagree?
Agile project teams are typically co-located. Why is this so important to an agile project and what does it facilitate on an agile project?
Using an example of your own choice, describe how the cost of the operation might be affected by changing the levels of performance of quality, speed, dependability and flexibility.
Construct a control chart for test errors and set the control limits to contain 99.73% of the random variations in test scores. What does the chart tell you? Has the new math program been effective?
Unsatisfied demand causes a shortage cost of Rs.0.75 per unit per short period. The cost of initiating purchasing action is Rs. 15.00 per purchase
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