Why is it that each person interprets ideas

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1. Why is it that each person interprets ideas very differently how does that happen when reading mission and vision statements

2. Why do ethical behavior and mission and vision statements go together

3. A project manager is trying to convince management to use more formal project management procedures to start improving the company's project management by obtaining a project charter for each of his projects. Which of the following best describes why a project charter would help the project manager?

It lists the names of team members.

It describes the history of similar or related projects.

It gives the project manager authority.

It describes the details of what needs to be done.

4. A mail order firm, AmazingCo, can use one of 3 shipping couriers. Ajax Shipping charges $6 per pound and delivers in 2 days. Bilco Lanes charges $9 per pound but guarantees next day delivery. The final courier, Hobo Ltd, charges only $3 per pound but takes 4 days to deliver. AmazingCo has a quarterly budget of $280,000 and a reputation for timely delivery. Formulate the linear program so that the firm delivers as fast as possible within budget for 70,000 pounds of shipments per quarter.

Let:

X1 = pounds using Ajax

X2 = pounds using Bilco

X3 = pounds using Hobo

Reference no: EM132089676

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