a) The expected (estimated) time for activity C is weeks. (Round your response to two decimal places.) b) The variance for activity C is weeks. (Round your response to two decimal places) c) Based on the calculation of the estimated times, the critical path is d) The estimated time for the critical path is weeks. (Round your response to two decimal places) e) The activity variance along the critical path is weeks. (Round your response to two decimal places) Using the standard normal table, the probability that Hopkins Hospitality will finish the project in 36 weeks or less is probability and round your response to three decimal places) (Enter
Q: Examine the significance of project work breakdown structure and product work break down structure.
A: In the context of project management, work breakdown structure often called WBS can be stated as the…
Q: a. Which process, Alpha or Beta, is more productive? Process has% higher labor productivity. Process…
A: Process Alpha: Labor productivity = Total value of Output A and B/Total labor cost of A and B = [(80…
Q: Explain the limitations of the Gantt Cart as a planning tool
A: Planning tool-Gantt chart: Gantt charts are beneficial for project scheduling and planning. They…
Q: discuss the four steps in strategic sourcing process, highlighting how DHL can apply each step to…
A: Strategic Sourcing:- A order for a firm known as "strategic sourcing" integrates data gathering,…
Q: An analysis of a laboratory activity resulted in the first table below. After this analysis, the…
A: TMU stands for Time Measuring Unit. In time and motion study, each motion is assigned with a…
Q: Tuesday Wednesday Thursday Friday Using this table above, solve for Mean Absolute Percent Error…
A: The general formula to calculate MAD is: MAD = total |actual-forecast| / total number of periods
Q: Level 2: Identifying an Operational Strategy Level 3: Identifying the Critical Success Factors…
A: The ROCKART Model for Business Processes has four stages.
Q: Product X currently sells for $12 per unit. The variable costs is $4 per unit and 10,000 units are…
A: Break even point is a point at which the company's production cost and production revenue are equal.
Q: "Everyone wants a detailed schedule and product cost breakdown. How can I do that when we are not…
A: In reality, as a project manager, it is critical to create a clear schedule and product cost…
Q: Describe how project management software packages may help with project scheduling. Please respond…
A: Every company involves in some project at some point of time. The duration varies from company to…
Q: Could you quickly explain any two of the outputs that arise from the process of controlling quality…
A: The quality control process is a widely used process method in projects. Its aim is to measure the…
Q: a. Formulate a linear programming model to determine the number of basketballs and footballs to…
A: Linear programming is a mathematical technique that is also used in operations management…
Q: Briefly describe the term operations management. (Own words please)
A: Operation management is performed in each manufacturing organization. It all deals with the…
Q: Given the following information for a one-year project, answer the following questions. Recall that…
A: *As per the guideline, the first three parts are answerable in multipart questions, please repost…
Q: A Mercedes dealer purchases vehicles for $20,000. The annual holding cost is estimated to be 25% of…
A:
Q: Procurement is defined as the process of establishing terms and conditions for acquiring goods and…
A: The cost included from procurement to delivering the goods are called as logistics cost. This…
Q: MI’s Pulse of the Profession Reportin 2016states that Organizations waste $97 million for every $1…
A: Formed in 1969, Project Management Institute (PMI) is not-for-profit professional organization…
Q: hat would be your production rate each month? A. 4250 B. 3500 OC. 4250, 3000, 4000, 5000 OD. 2000,…
A: Production is the process in which inputs are combined to have the required output. It includes a…
Q: a) Based on the activity time estimates, the expected times and variance for each of the…
A: A network diagram related to the project shows the sequence of the task that is performed to…
Q: 9 MPS parent X has planned order releases of 30 in weeks 2 and 4. Given the following roduct tree,…
A: Ans) For each X , 1 Y needed: and For each Y, 2 Z needed: Formula:
Q: QUESTION 4 a) Assess and discuss the benefits of in-house vs. contracting out maintenance works in…
A: Note: - Since the exact to be answered is not specified, we will answer the first question(a) here.…
Q: Metropolitan Manila has four incinerator sites for processing solid waste. There are five garbage…
A: Given data is
Q: a. Calculate ALL the missing (?) data points. b. Draw the PERT network from the given data.…
A: As per Bartleby guidelines, we can only solve the first three subparts of one question at a…
Q: A company that makes shopping carts for supermarkets and other stores recently purchased some new…
A: Productivity = Ouptut / Input Labour Productivity = Ouptut / labour Inputs Multifactor…
Q: Your company has the following items in inventory: Annual Demand 1200 100 4500 400 35 250 1000 100…
A: “Since you have posted a question with multiple sub-parts, we will solve first three subparts for…
Q: From a technical perspective, how should the threat be classified? What kinds of dangers do people…
A: With the development of information and communication technologies and increasing accessibility to…
Q: Could you quickly explain any two of the outputs that arise from the process of controlling quality…
A: The quality control process is a widely used process method in projects. Its aim is to measure the…
Q: Solver's Answer report is available for every unsolved problem. True False
A: Solver or optimizers can be stated as the software tools and technique that helps individuals…
Q: a) Based on the given information regarding the activities for the project, the project length =…
A: A network diagram related to the project shows the sequence of the task that is performed to…
Q: RMC, Inc., is a small firm that produces a variety of chemical products. In a particular production…
A: Let x be the fuel additive Produced Let y be the solvent base produced Objective function : Max Z…
Q: A project to build a new bridge seems to be going very well since the project is well ahead of…
A: Planned Value (PV) = Estimated value of the work planned to be done Estimated Value (EV) = Estimated…
Q: Need help understanding how to apply the EOQ to the below example... The Metropolitan Bus Company…
A: Note - Hi! Thank you for the question, As per the honour code, we are allowed to answer three…
Q: Question: 14. Which of the following statements regarding an Erlang loss system is TRUE? A. The…
A: Erlang loss system is a queueing system where multiple servers are serving the customers. The…
Q: Describe the ways in which sustainability is important to business
A: Businesses value sustainability for a variety of reasons. Sustainable business practises can aid in…
Q: Development of Version 2.0 of a particular accounting software product is being considered by Jose…
A: Note: - As we can answer up to three subparts, we will answer the first three subparts here. If an…
Q: Use the data below to solve for the following: 2. Naïve method 3. Unweighted 3 month moving average…
A: 2. Naïve techniqueThe simplest form of forecasting, the naive method forecasts that the value in the…
Q: How can one maintain composure when responding to dangerous and volatile situations? for example a…
A: An individual as a leader always needs to show more composure in the workplace. With respect to the…
Q: what do you think is the importance of using linear programming in achieving the work individual…
A: Linear programming can be stated as the technique of advancing or optimizing different operations…
Q: Many organizations are offering more flexible work arrangements that help their employees balance…
A: Workplace flexibility generally accentuates the desire or willingness and the capability to adapt to…
Q: 1. Write short notes about types of production systems
A: Note- Hi! Thank you for the question As per the honour code, We’ll answer the first question since…
Q: Vell Inc. uses lean principles to reduce cycle time. Through production improvements the process…
A: a) Process time refers to time actually used to work on the product Move time refers to time…
Q: To what extent, and in what ways, is the Disney product American? Is there something universal about…
A: Note- Hi! Thank you for the question As per the honour code, We’ll answer the first question since…
Q: .A 45 kW rated solar power system has its power output and the Solar irradiance on the PV system…
A: Find the Given details below: Given details: Solar Irradiance on the PV system (KW/m2) Power…
Q: An assembly department has six jobs waiting to be processed. It is now time zero and all jobs are…
A:
Q: Analytics Exercise 18-1 (Algo) Starbucks has a large, global supply chain that must efficiently…
A: Mean Absolute Deviation: The ideal MAD value is zero (no forecasting error) A model with higher MAD…
Q: A company uses a special widget (SP) in its production process. The company uses 100 SP units per…
A: Given data, Annual demand=Monthly uniform demand×Total number of months in a year Annual…
Q: that primarily aimed at reducing flow times within production system as well as response times from…
A: A manufacturer's success or failure is often determined by factors like time to market and…
Q: Logistics is ensuring all the material and personnel are in the right place at the right time so…
A: The term logistics can be understood as the management of the flow of goods from the point of…
Q: Write your report on the sensitivity analysis of constraints C2 and C3
A: Linear programming is a mathematical technique that is also used in operations management…
Q: What is KPI's & how it will be calculated? Q): What is EVA & how it will be calculated?
A: The term KPI stands for key performance indicators. They are a visual standards of the performance.…
please solve all parts within 30 minutes.
Trending now
This is a popular solution!
Step by step
Solved in 5 steps with 4 images
- Scenario 4 Sharon Gillespie, a new buyer at Visionex, Inc., was reviewing quotations for a tooling contract submitted by four suppliers. She was evaluating the quotes based on price, target quality levels, and delivery lead time promises. As she was working, her manager, Dave Cox, entered her office. He asked how everything was progressing and if she needed any help. She mentioned she was reviewing quotations from suppliers for a tooling contract. Dave asked who the interested suppliers were and if she had made a decision. Sharon indicated that one supplier, Apex, appeared to fit exactly the requirements Visionex had specified in the proposal. Dave told her to keep up the good work. Later that day Dave again visited Sharons office. He stated that he had done some research on the suppliers and felt that another supplier, Micron, appeared to have the best track record with Visionex. He pointed out that Sharons first choice was a new supplier to Visionex and there was some risk involved with that choice. Dave indicated that it would please him greatly if she selected Micron for the contract. The next day Sharon was having lunch with another buyer, Mark Smith. She mentioned the conversation with Dave and said she honestly felt that Apex was the best choice. When Mark asked Sharon who Dave preferred, she answered, Micron. At that point Mark rolled his eyes and shook his head. Sharon asked what the body language was all about. Mark replied, Look, I know youre new but you should know this. I heard last week that Daves brother-in-law is a new part owner of Micron. I was wondering how soon it would be before he started steering business to that company. He is not the straightest character. Sharon was shocked. After a few moments, she announced that her original choice was still the best selection. At that point Mark reminded Sharon that she was replacing a terminated buyer who did not go along with one of Daves previous preferred suppliers. Ethical decisions that affect a buyers ethical perspective usually involve the organizational environment, cultural environment, personal environment, and industry environment. Analyze this scenario using these four variables.Scenario 4 Sharon Gillespie, a new buyer at Visionex, Inc., was reviewing quotations for a tooling contract submitted by four suppliers. She was evaluating the quotes based on price, target quality levels, and delivery lead time promises. As she was working, her manager, Dave Cox, entered her office. He asked how everything was progressing and if she needed any help. She mentioned she was reviewing quotations from suppliers for a tooling contract. Dave asked who the interested suppliers were and if she had made a decision. Sharon indicated that one supplier, Apex, appeared to fit exactly the requirements Visionex had specified in the proposal. Dave told her to keep up the good work. Later that day Dave again visited Sharons office. He stated that he had done some research on the suppliers and felt that another supplier, Micron, appeared to have the best track record with Visionex. He pointed out that Sharons first choice was a new supplier to Visionex and there was some risk involved with that choice. Dave indicated that it would please him greatly if she selected Micron for the contract. The next day Sharon was having lunch with another buyer, Mark Smith. She mentioned the conversation with Dave and said she honestly felt that Apex was the best choice. When Mark asked Sharon who Dave preferred, she answered, Micron. At that point Mark rolled his eyes and shook his head. Sharon asked what the body language was all about. Mark replied, Look, I know youre new but you should know this. I heard last week that Daves brother-in-law is a new part owner of Micron. I was wondering how soon it would be before he started steering business to that company. He is not the straightest character. Sharon was shocked. After a few moments, she announced that her original choice was still the best selection. At that point Mark reminded Sharon that she was replacing a terminated buyer who did not go along with one of Daves previous preferred suppliers. What should Sharon do in this situation?Scenario 4 Sharon Gillespie, a new buyer at Visionex, Inc., was reviewing quotations for a tooling contract submitted by four suppliers. She was evaluating the quotes based on price, target quality levels, and delivery lead time promises. As she was working, her manager, Dave Cox, entered her office. He asked how everything was progressing and if she needed any help. She mentioned she was reviewing quotations from suppliers for a tooling contract. Dave asked who the interested suppliers were and if she had made a decision. Sharon indicated that one supplier, Apex, appeared to fit exactly the requirements Visionex had specified in the proposal. Dave told her to keep up the good work. Later that day Dave again visited Sharons office. He stated that he had done some research on the suppliers and felt that another supplier, Micron, appeared to have the best track record with Visionex. He pointed out that Sharons first choice was a new supplier to Visionex and there was some risk involved with that choice. Dave indicated that it would please him greatly if she selected Micron for the contract. The next day Sharon was having lunch with another buyer, Mark Smith. She mentioned the conversation with Dave and said she honestly felt that Apex was the best choice. When Mark asked Sharon who Dave preferred, she answered, Micron. At that point Mark rolled his eyes and shook his head. Sharon asked what the body language was all about. Mark replied, Look, I know youre new but you should know this. I heard last week that Daves brother-in-law is a new part owner of Micron. I was wondering how soon it would be before he started steering business to that company. He is not the straightest character. Sharon was shocked. After a few moments, she announced that her original choice was still the best selection. At that point Mark reminded Sharon that she was replacing a terminated buyer who did not go along with one of Daves previous preferred suppliers. What does the Institute of Supply Management code of ethics say about financial conflicts of interest?
- Ross Hopkins, president of Hopkins Hospitality, has developed the tasks, durations, and predecessor relationships in the following table for building new motels Time (weeks) Time (weeks) Immediate Predecessor(s) CE Activity A B C D E F a 4 1 9 5 1 6 m 9 9 14 6 2 9 b 10 24 18 10 4 21 Immediate Predecessor(s) A A A B C, E Activity a 3 2 G H 1 J K a) The expected (estimated) time for activity C is weeks. (Round your response to two decimal places) b) The variance for activity C is weeks. (Round your response to two decimal places) c) Based on the calculation of the estimated times, the critical path is 7 6 3 m 3 2 7 8 3 D 4 2 7 12 4 F F D. G. H 1.J d) The estimated time for the critical path is weeks. (Round your response to two decimal places) e) The activity variance along the critical path is weeks (Round your response to two decimal places) Using the standard normal table, the probability that Hopkins Hospitality will finish the project in 40 weeks or less is (Enter as a probability…An electrical contractor's records during the last five weeks indicate the number of job requests: Week: 1 2 3 4 5 Requests: 25 27 25 26 27 Click here for the Excel Data File Predict the number of requests for week 6 using each of these methods:Problem 3-4 (Static) An electrical contractor's records during the last five weeks indicate the number of job requests: 2 3 22 18 Week: Requests: 1 20 4 21 Click here for the Excel Data File Predict the number of requests for week 6 using each of these methods: a. Naive. 5 22 Answer is complete but not entirely correct. Number of requests 24 X requests b. A four-period moving average. (Round your answer to 2 decimal places.). Answer is complete but not entirely correct. Number of 23.25 c. Exponential smoothing with a = 0.30. Use 20 for week 2 forecast. (Round your intermediate calculations and fina mal nisenel
- Ross Hopkins, president of Hopkins Hospitality, has developed the tasks, durations, and predecessor relationships in the following table for building new motels. Time (weeks) Immediate Time (weeks) Immediate Activity b Predecessor(s) Activity b Predecessor(s) a a m A 4 9. 12 G С, Е В 1 9. 24 A H 2 F C 8 12 16 A F 7 10 A J 6. 12 D, G, H E 1 3 4 В K 3 3 4 I, J F 21 С, Е a) The expected (estimated) time for activity C is 12.00 weeks. (Round your response to two decimal places.) b) The variance for activity C is 1.78 weeks. (Round your response to two decimal places.) c) Based on the calculation of the estimated times, the critical path isA professor has been contacted by four not-for-profit agencies that are willing to work with student consulting teams. The agencies need help with such things as budgeting, information systems, coordinating volunteers, and forecasting. Although each of the four student teams could work with any of the agencies, the professor feels that there is a difference in the amount of time it would take each group to solve each problem. The professor's estimate of the time, in days, is given in the table below. Projects Team Budgeting Information Volunteers Forecasting A 31 36 16 26 B 37 41 19 36 C 40 43 26 37 D 44 46 31 Use the computer solution to see which team works with which project. ASSIGNMENT Problem OBJECTIVE: MINIMIZATION Summary of Unit Cost or Revenue Data Task Agent 1 2 3 4 1 31 36 16 26 2 37 41 19 36 3 40 43 26 37 4 44 46 31 41 Optimal Assignments Cost/Revenue 41 Assign Agent 3 To Task 1 40 Assign Agent 4 To Task 2 46 Assign Agent 2 To Task 3 Assign Agent 1 To Task 4 19 26 Total…Eight Glasses A Day: The EGAD Bottling Company has decided to introduce a new line of premium bottled water that will include several designer flavors. Marketing manager Georgianna is predicting an upturn in demand based on the new offerings and the increased public awareness of the health benefits of drinking more water. She has prepared aggregate forecasts for the next six months, as shown, Month May June July Aug Sep Oct Total Forecast 50 60 70 90 80 70 420 Production manager Mark Mercer, has developed the following information. (Note: Costs are in thousands of dollars). Regular production cost: $1 per tankload Regular production capacity: 60 tankloads Overtime production cost: $1.6 per tankload Subcontracting cost: $1.8 per tankload Holding cost: $2 per tankload per month Back ordering cost: $5 per month per tankload Beginning inventory: 0 units Among the strategies being considered are: 1. Level production supplemented by up to 10 tank loads a month from overtime 2. A…
- How would an analyst obtain data and determine thenumber of trips in:(a) a hospital?(b) a machine shop?(c) an auto-repair shopminco inc is a small manufaturer of fused magnesia and silica. Minco's continuous improvement efforts led to a capacity and production planning software. to prepare for the use of software, a spreadsheet was first used to determine the capacity requirements for the main equipment (the fusion furnances) and the production schedule for the main products. A major product had the following forecast and committed orders (all in thousand dollars): January Feburary Week 2 3 4 1 2 3 4 Forecast 56 56 56 66 66 66 66 Committed order 44 0 18 The initial inventory was 119,000 pounds and the minimum stock at the end week was to be 83,000 pounds. Calculate the economic production quantity (EPQ) if the annual demand is 3,000,000 pounds, setup cost is $350 per setup, inventory holding cost rate is 20 percent per year, unit cost is $2 per pound, demand rate is 500 pounds per hour, and production…A B с D E FL ד G H J K L M N P R S T U V 1 On Week 3 Forecast 4 2 a) Smell Fresh Customer Orders hand 1 2 20 20 5 3 5 PAB 20 50 30 3222 4 5 6 7 8 Problem 6: Georgia Clay and Gravel was updating the MPS record for one of its products, Smell Fresh Cat Litter. Partially-completed MPS time-phased record is given below. 20 30 30 30 30 30 Week 10 30 50 20 40 10 Item: Smell Fresh On hand 1 6 Available to Promise 7 MPS 50 50 50 50 Forecast 20 8 MPS lot size = 50 9 20 10 On Week hand 2 3 4 5 6 7 8 9 20 53 43 78 30 30 30 30 30 3220 2233 -250 30 10 30 50 6 8 45 12 13 14 PAB 15 11 b) Smell Fresh Forecast Customer Orders Available to Promise 16 MPS 17 MPS lot size=50 18 19 20 21 23 24 222 Orders Projected available balance Available-to-promise MPS MPS Lot Size = 50. 50 20 40 10 50 50 50 a) Complete the MPS time-phased record (the first table on the left). The following events occurred during week 1: • Actual demand during week 1 was 25 units. • Marketing forecasted that 40 units would be needed for…