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The following table has data regarding several activities associated with the implementation of a new delivery process for a new retail chain. The contract with the new retail chain states that starting on the 13th day from now, your firm will experience a penalty of $110 per day until the job is completed. Indirect project costs amount to $227 per day. The data on direct costs and activity precedent relationships are given in the table.
Delivery Process Project Data Activity Normal Time (Days) Normal Cost Per Day Crash Time (Days) Crash Cost Per Day Immediate Predecessor(s) A 4 $1,004 3 $1,232 None B 7 $1,411 4 $2,032 None C 5 $2,020 4 $2,707 None D 6 $1,263 5 $1,472 A E 3 $915 2 $1,166 B F 11 $2,517 6 $3,757 C G 4 $812 3 $1,431 D, E H 3 $394 1 $500 F, GTo complete this assignment, answer the following questions. Begin by drawing the project network diagram. A start node and end node are suggested. What are the options? What is the cost of each option? What are the advantages and disadvantages of each option? What completion date would you recommend? Why? What is the total cost of your recommendation?
With so many challenges to a business, how do economic incentives, like profit-sharing, really help to build assets? Are these incentives long-term in nature, or short-term?
Refer to the Minimization of Bullwhip Effect section in the Module Nine lecture document. One of the bullets says that the lead time may be reduced by submitting electronic orders. How else may lead time be reduced?
Identify and discuss the factors that make nationalism a force in world politics. Use any historical example to illustrate your analysis.
Define and explain the concept of comparative advantage.
An electronic retail chain wishes to minimize its ordering costs for a particularly popular model of laptop computer. This retail chain has a line of credit to finance its inventory and the current interest rate is 1.5%, How many units should it o..
Explore what factors have enabled it to survive. What changes can it implement to ensure its continued existence
The dispute over exposing the comparative performance of physicians on a wide spectrum of variables has been resolved in favor of the consumers of health care with requirements such as “Physician Compare.”
What are the potential advantages and disadvantages of Campbell's intended expansion in emerging markets? Do you believe Campbell’s is using a multi country strategic approach or a global strategic approach? Fully explain your reasoning.
Information technology and management information systems allow organizations, regardless of size, to communicate, collaborate, share information, make data driven decisions, and monitor all aspects of performance. Discuss specific ways information t..
find a solutions remember that your final solution need an interger number of lines and an interger number of overtime hours for each quaters (solutions that requires 8.9134 lines and 1.256 hours of overtime and not feasible.
A University with 15,000 students should average about 750 academic drops per semester. Acontrol chart program is undertaken to track the academic drop situation. Random samples of 100 students are taken each semester. The Last 10 semsters records sh..
Describe the six elements of Max Weber's model of bureaucracy. Explain the significance of each. Compare and contrast the classical and socioeconomic views of social responsibility
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