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A client gives you a data set of 30 observed values that represent the number of gallons of gas that 30 individual Nissan Sentra owners purchased at the gas pump last month. Your c
You are working on a project that has 12 activities. You determine that the critical path consists of only five activities. You then compute the variances for the five critical pat
Analysis: categorize the five common characteristics of high quality information and rank them in order of importance to carnival cruise.
How do you develop an operations strategy for an organisation? Answer: There are many different procedures recommended by academics and individual consultancy companies. The mor
Factory is a bathtub with 50 gallons capacity, drain is outlet to market and can output 3 gallons per hour. Faucet is raw material input and allows materials in at a rate of 4 gall
State the term capacity. Capacity: It is the capability of an operation to do and produce. The maximum restriction to the volume of product or service an organisation can
What is risk? How does risk differ from uncertainty? How does it impact a business?
Here is a situation for Don and Joan who are partners for a vending cart business, which sells hotdogs on the street. Joan and Don received a mailed notice from the City of Richmon
Given the ease of use of simulation software such as Crystal Ball, what other data used in project management should probably be simulated?
Why are flexible organisations required? Flexible organisations : Workforce flexibility will be required because of uncertain market circumstances or seasonal changes into
Line Balancing- Line: an assembly line composed of various work stations, at which particular operations are performed.- To work efficiently, with no work pile-ups between stations, the line must be balanced, for example work must get through each workstation in roughly similar amount of time.Goals:1. To meet production goals,2. Maximize output.General Approaches to Line Balancing Technique1. Estimating number of operators for a specific number of stations,2. Work element sharing: grouping “activities” each work elements into “stations” or jobs performed by a single person (occasionally multiple people work in concert at a single station or machine)
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