You've developed your schedule and budget. Comment on its usefulness and accuracy in planning and executing your project.
Q: . Using trend projection, develop a formula to predict sales for years 11 and 12. You have to show…
A: Slope can be calculated as: b=(n∑xy-∑ x∑ y)/(n∑ x^2-(∑ x)^2 ) Intercept can be calculated as: a=(∑…
Q: Race One Motors is an Indonesian car manufacturer. At its largest manufacturing facility, in…
A: Given data: Production per day = 290 /day Annual demand (D) = 12,700 /year Holding costs (H)= $2…
Q: Calculate the Mean Squared Error for the following data: Actual 93 88 96 102 Forecast 87.6 88.2…
A: The mean squared error is a measure of the accuracy of a statistical forecast. Mean squared error…
Q: The error measurement to use depends on forecast method. True False
A: The error measurement in the forecast is the difference between the observed value and the predicted…
Q: Which of the following would be included in inventory carrying cost calculation? a. Order…
A: When it comes to managing inventories, carrying expenses are among the most problematic factors.…
Q: When evaluating sales revenue which critical factor(s) must be considered? a) Number of operating…
A: Sales revenue: Sales revenue is the money a business makes through offering its goods or services to…
Q: y = enter your response here + enter your response here x Y=?+?x
A: Forecasting is a technique used to predict future outcomes on the basis of past data. In businesses…
Q: Strategy 2: A combination of overtime, inventory, and subcontracting. Regular production should be…
A: Manually: Cell A1: K18 Period May June July August September October Total Forecast…
Q: A sound company compresses and palletizes boxes of merchandise for recycling. In the warehouses They…
A: Given data: Storage cost per day H = $0.10 No. of pallets generated daily = 5 pallets a day Fixed…
Q: a) The correct precedence relationship with one of the possible assignment of tasks to workstations…
A: Project schedule helps in calculating different values related to the production cycle like the…
Q: Given the following list of items, Item Annual Demand 101 102 103 104 105 201 202 203 204 205 Item…
A: Formulae used: For Part a) Compute the annual usage cost of each item = Annual Demand × Unit Price…
Q: The university is scheduling cleaning crews for its ten buildings. Each crew has a different cost…
A: Given data is Objective function: Min Z=270x1+290x2+250x3+270x4+230x5+180x6+180x7+280x8 Subject to…
Q: The Attaran Corporation manufactures two electrical products: portable air conditioners and portable…
A: Let the number of air conditioners be x Let the number of heaters be y
Q: Munson Manufacturing, in Gainesville, Florida, wants to arrange its four work centers so as to…
A: Given data:
Q: ABC INVENTORY CLASSIFICATION A company trades with a number of items and the management is…
A: A' items – items account for 85% of the annual consumption value of the items (asked 82% so taken up…
Q: Operations management is a process that uses resources to transform inputs into outputs. Explain the…
A: Operations is a very important part of any business. It consists of all the activities related to…
Q: give the Social Constraint in construction hospital project
A: For this project management question, the example project is a Hospital construction project, For…
Q: Southeastern Bell stocks a certain switch connector at its central warehouse for supplying field…
A: Economic order quantity is the ideal quality that company orders to meet the customers' demand…
Q: If the company wants to fully utilize the system capacity to supply storage location 6, what is the…
A: Linear programming is a mathematical technique that is also used in operations management…
Q: According to the text in use, explain briefly what is slack?
A: Slack is specifically a factor in project scheduling. It is the time duration that is extra in…
Q: 18hth must be at least 5 (the number TopLathes plus the number BigPresses must be a 5). All machines…
A: Linear programming is a mathematical technique that is also used in operations management…
Q: Inspirational Motivation is a dimension A. Path-Goal Leadership B. Transformation Leadership OC.…
A: Since you have posted multiple questions, we will solve the first three questions for you as per our…
Q: a) What is the economic production quantity? 690.88 units (round your response to two decimal…
A: As per Bartleby guidelines, we can only solve the first three subparts of one question at a…
Q: 2x + 3y + 3z = 2 4x – 3y – 6z = 2 10x – 6y + 3z = 0 1. The determinant of the matrix is:…
A: Ans) First step is to make matrix. Take coefficient of x , y, z with signs and form matrix which…
Q: Expected Time fot the critical path on a PERT network is 18.2 weeks, and the critical path variance…
A: Find the Calculation methods below: Probability = Projected time - Actual durationStandard…
Q: Your company assembles five different models of a motor scooter that is sold in specialty stores in…
A: Find the Calculation methods below: Total Cost = Annual Purchase cost + Tooling cost + Carrying cost…
Q: If by using Lean Production all queue time during production is eliminated, what will be the new…
A: Production is the process in which inputs are combined to have the required output. It includes a…
Q: Why is there some places saying opt out provision?
A: An opportunity for opting out must be mentioned in the email in conjunction with adhering to…
Q: Using a p-chart, what are the upper and lower control limits?
A: Given: Mean = 99.73% Sigma level corresponding to 99.73%, under normal distribution = 3 n= 100
Q: What is meant by "Fordism"? explain briefly and give an example.
A: The term "Fordism" refers to a way of economic development and progress where mass production of…
Q: You are an experienced machinist with a small tool shop. You have been asked to submit a bid to…
A: Find the Calculation methods below: Required time (Tn) = T1nbn - Unit numberT1 - Time Taken for…
Q: Chicago's Hard Rock Hotel distributes a mean of 1,100 bath towels per day to guests at the pool and…
A: Mean demand = d = 1100 towels per day Standard deviation of demand = σ = 95 towels per day Lead time…
Q: Problem 14-7 (Algo) Compute the takt time for a system where the total time per shift is 390…
A: Takt time is a manufacturing term mainly used to describe the requirement of product assembly…
Q: The owner and manager of a hardware store reevaluates his inventory policy for hammers. sells an…
A: Given data: Monthly Demand (d) = 50 hammers in a month Then, Annual Demand (D) = 50 × 12= 600…
Q: A company orders 250 units of a product each time the inventory drops below 175 units. If the…
A: Here, given the data stated below, The order quantity is 250 units the reorder quantity with safety…
Q: William Beville's computer training school, in Richmond, stocks workbooks with the following…
A: Demand D = 19400 units per year Ordering Cost S = $27 per order Holding Cost H = $5 per unit per…
Q: Over what range of output is location A the most preferred location? 2. Over what range of output…
A: (1) From the given table, Location A seems to be lowest cost at 2000 units. And it is not the…
Q: a) The correct precedence relationship with one of the possible assignment of tasks to workstations…
A: Project schedule helps in calculating different values all related to the production cycle like the…
Q: Problem 14-1 (Algo) A manager wants to determine the number of containers to use for incoming parts…
A: Kanban system is a scheduleing system used for lean manufacturing to improve the manufacturing…
Q: Resource Management includes processes to identify, acquire, and manage resources needed to…
A: Planning, organizing, managing, and evaluating the efforts of human workers are all part of resource…
Q: DM Office Products (DMOP) is a wholesale supplier of office products with one facility in…
A: Centroid method helps the businessman to find out the best location for manufacturing and…
Q: What is the probability of completing in 21 weeks?
A: A network diagram related to the project shows the sequence of the task that is performed to…
Q: (i) (ii) (iii) (iv) The breakeven point for this situation Contribution margin Using a production…
A: The Break-even point is the point where total revenue and costs are the same. To calculate the…
Q: a. Using the following, forecast the sales for the months up to january the following year:- i. A…
A: As per Bartleby guidelines, we can only solve the first three subparts of one question at a…
Q: Production systems with standardized outputs typically: A. Have relatively high volumes of output…
A: Production may be defined as creating items (commodities) in large quantities for commerce,…
Q: What is PMO (Project management Office) and example of PMO?
A: The PMO is a team or division inside a company that is in charge of organising and coordinating the…
Q: a) What is the economic order quantity? 306 units (round your response to the nearest whole number).…
A: As per Bartleby guidelines, we can only solve the first three subparts of one question at a…
Q: 1. Susan has a part-time business producing seasonal plywood yard ornaments for resale at local…
A: Only first question can be answered. 1. Given, Working hours = 8 Daily production = 16 (a)…
Q: The demand for subassembly S is 100 units in week 7. Each unit of S requires 1 unit of T and 2 units…
A: Product structure- shows the hierarchy-based decomposition of the product, It is generally called…
Q: d) What percentage of time will the facility be producing components?% (enter your response as a…
A: Production is the process in which inputs are combined to have the required output. It includes a…
You've developed your
Step by step
Solved in 2 steps
- Provide an explanation of the concept of task deadline planning and give a brief summary of the information that is required for this sort of planning.You have been hired by a contractor, who wants you to manage a constructionproject for one of their clients. The project team has been working for twomonths, and is 35% done with the job. Two of your team members come toyou with a conflict about how to handle the ongoing maintenance for a pieceof equipment. You know that they can safely ignore the problem for a while,and you’re concerned that if your project falls behind schedule before nextweek’s stakeholder meeting, it will cause problems in the future. You tell thetwo team members that the problem really isn’t as bad as they think it is, andif they take a few days to cool off about it you’ll help them with a solution.This approach to conflict resolution is known as ______.A. WithdrawalB. CompromiseC. SmoothingD. Forcing You are a project manager for a software project. As you are defining thescope of the work you need to do, you sit down with all of the project’sstakeholders and record all of the requirements you can get from…IS Development Assignment Notes Assume that you are in charge of IS for a mid-sized oil and natural gas company. The CEO is interested in developing an application that will give him information about the amount of natural gas passing through pumping stations located around North America. He wants it to work on his desktop, iPad, and smartphone. The features he wants on the application change every time you speak with him and you’re still in the planning phase. Now he’s asked for a schedule. How do you respond?
- You have been assigned as a Project Manager in your Company. Your Sponsor wants Project Budget to be ready in 2 weeks. You are working with your team to estimate costs. However, your team does not know what tools and techniques they can use. Explain all the tools and techniques that you could use with your team.b) Explain how you will go about incorporating project scheduling to guarantee your project success.Let's discuss why planning the schedule for a project is so important, as well as the difficulties that this planning may provide. It would be helpful if you could explain, define, and discuss as needed.
- What method of planning the sequence of events has been shown to be the most successful?Describe the ways in which planning may be made easier by using software designed for managing projects.Describe the situation and provide the needed details as soon as possible.Explain the notion of task deadline planning and provide a short description of the information needed for this kind of planning.
- Why would some employees resist writing plans according to the specifications in this exercise? Explain.As a project manager, you have open positions for a product owner and a scrum master. To facilitate the hiring process, you have been asked to help with the following: Write detailed job descriptions for both positions for the purpose of seeking potential candidates. The provided descriptions should be in par with those you find on job boards such as indeed.com. You can review job descriptions on job board sites, but do not copy an existing one. Come up with your own based on course materials for this week. Write a detailed checklist/criteria for initial screening of candidates for the scrum master position. The checklist will be used by HR to quickly sift through the candidates. Note that HR personnel are not experts in this field like you are. Write instructions that would help them with the use of the checklist/criteria. Make sure to consider desired traits, technical and soft skills for each role in an Agile environment.You are managing a software development project. Only 35% of the work has so far been completed, while the planned schedule called for 50% completion by this date. Originally budgeted for $250,000, the team has already spent $150,000 on the project. What is the best way to describe the state of this project? Ahead of schedule, within budget Behind schedule, within budget Ahead of schedule, over budget Behind schedule, over budget