Give reasons why the statement below is false Too much Information Technology (IT) sophistication within the Financial Service Industry has alienated customers and created several ethical and moral issues instead of enhanced and quality services.

Q: Describe the tools and advances in technology that are used to define IT project management.

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Q: One appropriate measure to reduce replenishment lead times is to a. reduce flexibility. b. increase…

A: Companies should compare their processing times to standards to find solutions to reduce lead times…

Q: ABC Wash, Inc., makes commercial and industrial laundry machines (the kinds hotels use), and has…

A: Find the Level Strategy below: a. The Cost of the strategy is $ 1380400 b. Back order Requirement:…

Q: a. Explain any two process technologies for materials. b. Discuss any three factors that will help…

A: a. Project technology is one of the process ideas and is a subset of process technology since it may…

Q: 1. A company would like to develop an aggregate plan and evaluate its cost using the transportation…

A: Since backorder cost is not given, it is assumed that backorders are not allowed. This means ending…

Q: A clothing retailer priced a shirt at $54.  New styles were coming in, so the price was reduced 25%.…

A: Customers exchange value or money for a specific good that will satisfy their needs and wants; this…

Q: Jordin Henry's machine shop uses 2,470 brackets during the course of a year. These brackets are…

A: Ans) Data:

Q: Upper Control Limit (UCL) = ounces (round your response to two decimal places).

A: Mean (μ) = 14.0 ounces Standard Deviation (σ) = 0.20 ounce Sample Size (n) = 64 z = 3

Q: a) What is its weeks of supply? weeks (round your response to two decimal places). b) What…

A: Note: We are allowed to do first three sub-parts only. Inventory management is the process of…

Q: If the part fails and a spare is not available, it will take The cost for idle equipment is $500 per…

A: The optimal order quantity is the number of units a company needs to order to get the best possible…

Q: e weapon" Justify the statemen

A: Since quality is an integral component of an organization's overall competitive advantage, the…

Q: You are the manager of a project to improve a billing process at your firm. The table below contains…

A: The first step here would be to construct a network diagram and find out the critical path and the…

Q: A manufacturer makes two products P1 and P2 using two machines M1 and M2. Product P1 requires 5…

A: Linear programming is a mathematical technique that is also used in operations management…

Q: Which of the following is not the step most likely to improve productivity, according to the…

A: Productivity the ability to produce goods and services effectively and efficiently by using…

Q: A regional bank training center has the physical ability to handle 1,300 participants.  However,…

A: Given: Design capacity (D)= 1300 Effective capacity (E) =1100 Actual capacity (A) = 990

Q: Project's standard deviation is the square root of the variance. Write a formula in cell F48 to…

A: z-score = (target days-expected duration)/project standard deviation  Probability is taken…

Q: What is facility layout?

A: To put Simply, facility layout is the arrangement of a facility to maximize processes that are not…

Q: Discuss the drivers and useful sources of information while moving from domestic to international…

A: Careful deliberation is required before deciding to obtain raw materials and/or components for your…

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A: Uses of the center of gravity location technique:  Locating the single facilities by taking into…

Q: A farmer is planning the crops that will be planted in the upcoming season. The farmer can get…

A: Objective Functions and Constraints:                 Based on the given details, the objective…

Q: What kind of information is stored in the various fields of a process control block?

A: The process control block is a data structure that stores information about the process being…

Q: Which of the following graphs correctly portrays the relationship between inventory level (y-axis)…

A: Economic Order Quantity (EOQ) is a technique using for identifying the optimal ordering quantity…

Q: (3) A project was planned using PERT. Its expected completion time was determined to be 85 days. The…

A: NOTE: We are allowed to do one question only.  Ans 3.

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A: Implied utilization is the proportion between total demand of a task and the capacity of the…

Q: IN THE MID-1960S, WALT DISNEY’S DREAM was to build a family resort destination like no other. The…

A: Forecasting is a technique to predict future value. It is useful to predict future demand, sales, or…

Q: Solve the following linear programming problem using simplex method.  A printing company makes…

A: Let x denote the better quality poster, Y be the intermediate quality and z be the poorer quality…

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Q: Order-fulfillment lead time is ______. Multiple Choice   the average time it takes from the…

A: Lead time for an activity is the time required for the completion of an activity from its…

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A: Internet incredibly affects businesses. Need for full time outreach group has now finished.…

Q: Peter Ittig's department store, Ittig Brothers, is Amherst's largest independent clothier. The The…

A: A process control chart is a type of statistical graph that monitors the quality of a process over…

Q: PROVER S.A., one of the companies that supplies PRECISIÓN S.A. with raw materials. has asked you to…

A:

Q: ations of usin

A: They can prioritize activities using a weighted score with the aid of the decision matrix or the…

Q: Gator Beach Marts, a chain of convenience grocery stores in the Fort Lauderdale area, has store…

A: Remember all these formulas: High low Method Variable Cost = (Highest Activity Cost-Lowest Activity…

Q: T/F question Inventory costs increase as the number of facilities in a supply chain increases.

A: A supply chain is a system - of all the people, enterprises, resources, actions, & technological…

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A: We reproduce the Excel as shown below: We solve the problem using Excel Solver as shown in the…

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Q: The following table shows the fixed cost and variable cost for 3 locations. Construct cost curves…

A: Total cost for any location = Fixed cost + Number of units X Variable cost per unit  Compute the…

Q: You have been tasked with the development of an aggregate plan for the year ended 31 December 2022.…

A: Ans) Daily Demand = Demand Forecast / Production Days Formula:

Q: Explain with examples the purpose of sampling in research.

A: Introduction: In research, sampling means, creating small set of groups based on similar trends or…

Q: M. P. VanOyen Manufacturing has gone out on bid for a regulator component. Expected demand is 675…

A: Ans) EOQ = Sqrt (2*D*S/H) D = Annual Demand = 675*12 = 8100 S = $ 45 H = $ 5

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A: T/F question  Improperly structured sales force incentives are a significant obstacle to…

Q: q10-  What is the best description of Granger-causality? Select one: a.   the ability of lags of…

A: Ans) Granger Casuality means usefulness of one variable to predict or forecast another variable. It…

Q: terested in arriving at a forecast of rentals so that she can order the correct quantities of…

A: Ans) Formula:

Introduction to Business Messages

Business messaging refers to a variety of channels via which businesses and customers can interact. SMS or text messaging is the most popular method of communication. Shipment reminders, promotional incentives, marketing offers, and scheduled appointments are all things we have dealt with. These are the types of messages we usually identify with business communication. Business messaging can take place on any digital platform where your consumers already spend some time, with the expectation that communication will be two-way. Business messaging brings comfort and simplicity to customers. Customers expect comfort from pre-sales and post-sales engagements with businesses as they do with friends and family. In addition, messaging is the favored method of contacting a firm for 66% of buyers. Here are a few examples of popular business messaging situations.