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Formulate an MCNFP that can be used to maximize Braneast's daily profits. (Hint: Each node in the network represents a city and a time. In addition to arcs representing flights.
Select the PERT technique you consider MOST valuable when altering or enhancing steps associated with reengineering. Explain your choice.
What are the implications of a shortage (stockouts) of a surgical kit or part package discovered several hours before the operation? What it a part package has a missing part that it not discovered
Draw a network diagram and show the critical path. What is the earliest time, the above project can be completed?
What is the production rate (output per hour) for each alternative? What is the labor productivity (output per labor hour)?
Compute deseasonalized demand for each semester. If the regression equation for deseasonalized demandis 250.82 + 4.53(X), compute forecast for Fall2010 semester.
Stan estimates that it will cost 15,000 to set up the process and then 1.82 per unit for labor and materials. Draw a graph illustrating the crossover (or indifference) point
Each sofa earns $320 in profit, each table, $275, each chair, $190. The company wants to know how many pieces of each type of furniture to make per week in order to maximize profit.
Do you know the break-even of rooms where it would be just as beneficial for Susan Meyer to clean the rooms as it would be to pay the Maid service?
What is the value to the company and the supplier in developing and implementing a Supplier Relationship Management (SMS) System?
Assume that there are both trend and seasonal factors and that the seasonal cycle is one year. Use time series decomposition to forecast quarterly sales for the next year.
The foreman estimates that the value of the work performed is about $170,000. What are the spending and schedule variances for the project? What are the SPI & CPI in this example?
Procurement Department refuses to make the last payment, although the funds are available. Considering the role of a PM in fulfillment of tasks, Can you suggest why procurement denies the payment?
The duration, and show where do you set your milestones/ control measures and on what elements/tasks in order to reduce cost-overruns?
There is a 50% chance that 50,000 units will be sold, and a 50% chance that 100,000 units will be sold. Using decision trees and EMV, what is the company's best choice?
Yearly expenditure $200 and net revenues $40,$60 $70 $80, for the years 1,2,3 4 ,use 15% discount factor to find net present value and internal rate of return.
Based on his data and the multiplicative seasonal model, what will the demand level be for Mark's sailboats in the spring of 2012? Compute seasonal indices using all of the data.
The process is known to operate at a mean thickness of 3.0 mm. What is the Cpk for this process? About what % of all units of this liner will meet specifications?
Is this process capable of producing DRAM chips to specifications? In other words, calculate the Cp and Cpk and draw a conclusion with explanation.
C-Spec has determined that the machine has a sample mean of 4.001 inches with a standard deviation of 0.002 inch. Should C-Spec use this machine to produce this part? Why?
Ordering cost are $40 and the carrying cost is 25 percent. How much should the company buy each time an order is placed?
What should Christine understand about individual membership in groups in order to build group processes that are supportive of her work group's performance?
Her cost of performance index (CPI) is listed as .79, and her schedule performance index (SPI) is .69. Joey, her manager, has responded with a change request. Why?
The service rate at each service desk is four minutes per customer. How much time does a customer spend at the service desk ( waiting plus service time )?
Her project's budget is $250,000. She has calculated the cost performance index (CPI) to be .91 and her costs are $175,000. What is Marcy's estimate at completion (EAC)?