Apply the rank position weight algorithm
Assignment:
For the line balancing problem represented in the table (assume a weekly demand of 4000 parts and a 40 hour work week:
a) Apply the rank position weight algorithm to develop a solution.
Expected delivery within 24 Hours
Describe the net present social value (NPSV) model. What is a project scoring matrix? The response should include a reference list.
What is a post-audit? Why is the post-audit critical to good investment decision making? The response should include a reference list.
Are there situations in which a business would be better off choosing a project with a shorter payback over one that has a larger NPV?
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Apply the rank position weight algorithm to develop a solution.
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Assume a quantitative risk assessment has been conducted on a project. Is a qualitative risk assessment necessary?
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