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Part 1:
What is earned value management (EVM)? What project management concepts does EVM bring together? Please discuss your EVM experience.
Part 2:
What four measures form the basis for all earned value performance assessments and forecasts? How is each defined? How is each used?
Part 3:
Describe the methods are used to accrue or recognize earned value (EV). If earned value management is practiced in your current organization (or a previous organization), what EV accrual methods are used?
Please explain how does the just-in-time inventory system help to reduce inventory costs and how do human resources managers go about matching a firm’s supply of workers with its demand for workers?
With respect to acquiring resources, there is a high potential for conflict between the functional manager and the project manager. Describe a major source of that conflict and suggest how it can be properly managed/negotiated.
Suppose the company wants to maintain the current level of safety stock found in part (a) for the new (one DC) option also. What will be the new Service Level to its customers in that case?
Identify and critically evaluate two current topics or issues in management. Do the following in your analysis: Briefly identify and summarize each topic or issue.
How does the traditional approach to doing business equate quality with higher cost?
A property title search firm is contemplating using online software to increase its search productivity. Currently an average of 35 minutes is needed to do a title search
A grocery store orders paper grocery bags from a distributor. The store uses 2,300 cases of bags per year, and its ordering cost is $65 per order. The store's carrying cost rate is 35% of the price per case of bags. The distributor has the following ..
assuming the values in the payoff table are estimated costs and the goal is to minimize expected costs.
discuss the three situational determinants in fiedlers leadership theory that allow a leader to determine the
1 to 699 lockets, $.90 each; 700 to 1,399 lockets, $.80 each; and 1,400 or more, $.75 each. Carrying cost is $0.18 per locket on an annual basis. What order quantity will minimize total cost?
Why are processes important in terms of managing logistics? Suggest how the processes of plan, source, make, deliver and return might differ in the case of the two factories Simple and Complex described in section 3.3
From your experience, describe how you have used a project control process. If you did not use continual monitoring of the progress, how would this have helped improve the project’s success?
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