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Final Paper The final six to eight page paper must demonstrate understanding of new learning in the field of project management. It is mandatory to have research from the classroom text, as well as two sources from the internet or online library to support your views. It is recommended to use examples from your professional experience where possible, or build from your learning in the discussion boards. (Suggestion: use at least one project of which you have been either a team member or a project manager as an example to describe the topics below): The following topics must be reviewed in order for the paper to be complete: Define project management and explain its importance to the business world. Explain project life-cycle management and the benefits of project management to an organization. Explain the concepts of planning in the project life-cycle and how research and critical thinking is mandatory in planning. Explain project organizations and the importance of leadership and sponsorship. Explain project team building, including techniques of successful team building. Explain how to create a work breakdown structure and how a project manager breaks down the overall project into packages. Explain the need for project management software in large integrated programs and the benefits to the overall project management organization. Writing the Final Paper
In a single period model if shortage cost is four times excess cost then the optimum service level is what percent?
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Consider a production system that consists of a single station with a production rate of 1 part per minute and a process variability given by Ce=1.
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Briefly discuss each of the seven periods in the evolution of purchasing and supply management. What do you forecast for the future?
_____ is the objective under JIT and time-based competition. WIP reduction Material velocity Lead-time reduction Decreasing material wait time
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