Practical Management Science
6th Edition
ISBN: 9781337406659
Author: WINSTON, Wayne L.
Publisher: Cengage,
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Where can I to find Microsoft Project. And hoe can I Describe its utility, including strengths and weaknesses.
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- Quick as a Wink, a fast-food restaurant, has always operated outlets in malls. With a new strategy that involves opening new outlets that sell the same menu but operate in airports, zoos, casinos, and military bases, Quick as a Wink is pursuing what type of opportunity?arrow_forwardSchedule the following activities using CPM:arrow_forwardRAPIDecision® Quick Term Life Insurance Project Structure Tasks Index Index A B C D E F G H I J A B C D E F G H I J Market Research Cost Analysis Product Design Development Analysis Developing Product Model Filing Contracts Product Testing Pricing Sales/Marketing Planning Sales Force Training Tasks Market Research Cost Analysis Product Design Development Analysis Develop Product Model Filing Contracts Product Testing Pricing RAPIDecision® Quick Term Life Insurance: Cost Structure Immediate Predecessors 10 8 12 10 8 6 4 . Normal Expedited Normal Duration Duration Cost 8 5 4 3 12 10 7 6 7 8 5 4 3 A, B C D E E E G, H A, E, I 1.Network representation? 2.Critical path? 3. Non critical activities? $100,000 $64,000 $76,800 $80,000 $64.000 $96,000 $120,000 $56,000 Duration (in week) 8 12 10 8 12 10 8 6 $38,400 $32,000 4 Expedited Cost/ Cost week $145,000 $15,000 $82,000 18000 $112,000 17600 $106,400 8800 13600 5440 8000 7000 Sales/Marketing Planning Sales Force Training The reward for each…arrow_forward
- 0 1 11. Given the time-phased work packages and network, complete the baseline budget form for the project. Soccer Toy Project 3 Order parts Design prototype 2 2 Build prototype Prepare production Assemble & test 2 3 Legend ES ID EF 5 SL Description Prepare marketing LS DUR LF 5 Soccer Toy Project Cost by Week ($000) +1-2-3-4-5 Design prototype Build prototype Order parts 12 10 10 10 5 5 Prepare production 16 10 22 Prepare marketing 6 6 о 6 12 Assemble & test 18 18 Launch 12 Time-phased Budget ($000) Week 1 2 5 6 8 11 12 13 Budget Design prototype 24 Build prototype 30 10 ° Order parts Prepare 64 prod'n Prepare market'g 30 Assemble 36 & test Launch Total 206 Cumulative Launcharrow_forwardthe Importance of Operations Management in Business Organizations ,Project objective: The objective of this project is to familiarize students with real lifeCommon,Importance of Operations Management in Business Organizationsby providing a research about the Key Benefits of Effective Operations Management.arrow_forwardYou happen to be the Project Manager for a new project to create anacademic programme ininprojeDepartment of Construction Technology and Management (CTM), KNUST, Kumasi. This p was authorized by the request of some key industry players in the Oil and Gas Industry. Themanagemenare hosted by academicprogramme is purposed to cover other disciplines in engineering, surveying, business r and computer applications. The academic training in these disciplinesdepartments outside the CTM Department but within KNUST. Your selection as the Project Manager (PM) was done by the Dean of your Faculty via a Project Charter. Other persons weree unfamiliar to you. The effortof you and your team would be counted as "Service" to the University, meaning you will not be the charter mandates you to use any resource of KNUST (vehicles etc.) found to be necessary for receiving any remuneration for your input or effort. To facilitate your work under the assignment, the work. The project is not expected to cost…arrow_forward
- What is a project charter? why is it so important per PMI to have a project charter?arrow_forwardTASK 3: Read another excerpt from the book Co-Operative Management and Administration by Shemeera Kunhu. Performed the task "My Proposed Cooperative" by following the guidelines stated below. 1. Prepare a project paper about your proposed cooperative in your community. Stating the following: • The proposed name of your cooperative • The proposed logo or business logo • Statement of goal and objective • The nature, service/product offers. The reason why you chose that specific type of cooperative. The benefit of the members, and their community as a whole The organizational chart of your proposed cooperative.arrow_forwardWith a perspective of burden on the student, what are the advantages and disadvantages of doing team projects in MEBA?arrow_forward
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