Explain what can they do to prevent cost overruns, Operation Management

Assignment Help:

Why do you think it's difficult to understand some of the basic cost terms in this chapter? Why aren't many technical people interested in cost-related subjects? What could be done to change this? 2. Suppose you were asked to prepare a cost estimate for a project to purchase laptops for all faculty and staff at your college or university. How would you start? How long would it take you to prepare a good estimate? What type of estimate would you prepare, and what approach would you use to develop a cost estimate? 3. What can organizations do to ensure that estimates are good? What can they do to prevent cost overruns? 4. Provide examples of the cost of quality based on your own personal experiences. 5. Do you think that people accept poor quality in information technology projects and products in exchange for faster innovation? What other reasons might there be for such poor quality? 6. Do you think Six Sigma is another quality management fad? Please explain your position.


Related Discussions:- Explain what can they do to prevent cost overruns

Explain the roles of the defense contract management agency, What are the r...

What are the roles and responsibilities of the Defense Contract Management Agency

Changes in employment by sector - operations function, (1) Firstly, conside...

(1) Firstly, consider the changes in employment by sector over the period charted in the figure (1850 - 2000). What factors do you think contributed to the reduction in employment

Explain uses a level material usage approach has collected, A firm that ope...

A firm that operates 300 days in a year and uses a level material usage approach has collected the following data: Annual Demand = 30,000; Daily Demand = 100; Daily production= 300

Explain how the market value of the shares, St James Ltd. Has just paid a d...

St James Ltd. Has just paid a dividend of £0.22 per share. The market expects this dividend to grow constantly in each future year at the rate of 7% p.a. The cost of capital for St

Explain guidelines on discrimination national origin, 2. Inez Garcia was bo...

2. Inez Garcia was born in Portland, Oregon. Her mother is from Italy and Jewish. Her father is Mexican. Under the Guidelines on Discrimination Because of Religion or National Orig

Explain visual inspection, Develop a forecast for years 2 through 12 using ...

Develop a forecast for years 2 through 12 using exponential smoothing with ? = .4 and a forecast for year 1 of 6. Plot your new forecast on a graph with the actual data and the nai

Explain the benefits of list segmentation to direct marketer, What are the ...

What are the benefits of list segmentation to direct marketers?

Explain procurement management, Which of the nine knowledge areas defined i...

Which of the nine knowledge areas defined in the Project Management Body of Knowledge includes the activities of generating, collecting, distributing, storing, retrieving and dispo

Explain lower foreign labour costs, Global expansion is fuelled by a (n): A...

Global expansion is fuelled by a (n): Answer (1) shrinking customer market, lower foreign labour costs, and advances in technology. (2) Expanding new customer market, lower foreign

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd