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Project Management

Calculating optimal production batch size

1. Jim's Knives manufactures knives for a certain retail store. His skilled workers can produce 10 knives a day of their best-selling knife (known as Bowie knife). Their retail store sells an average of 5 knives per day. Jim's workers prefer to work on only one type of knife at any given time for efficiency reasons. They hav

Salvage Value of a Project

Grant Publishing just undertook a project that required a $340,000 investment in NOWC, which will be recovered fully at the end of the project's life in five years. At that time, the required equipment will not be depreciated fully and still will have a book value of $100,000. The firm's tax rate is 40%. If the salvage value at

Project Management

You just had Terry, one of your team members from marketing, give a presentation to the engineering group about the new product and its importance to the company's product line. The presentation covered the launch program, giving an emphasis on the milestones and dates. The purpose was to get the engineering group's buy-in on th

Controlling Measures During the Planning Phase

What controlling measures should be taken during the planning phase. Then provide a generic method for creating a project schedule starting with the creation of the work breakdown structure (WBS).

Grainger Manufacturing Production Budget

Grainger Manufacturing Inc. produces outdoor grills. On March 31, the company had 120 grills in inventory. The company's policy is to maintain a grill inventory equal to 15% of next month's sales. The company expects the following sales activity for the second quarter of the year: April 800 units May 2,000 units June

business research project

Locate a project within a business, to include non-profit and charitable organizations, government (and military) units, or any other type of cooperative work group you'd like to nominate. -Your current or former workplace. -A client organization, such as a supplier. -A customer organization, or a customer group. -A work

BPM project to decrease cost per tire and increase revenue

See attached file for proper format of tables. In 2009 it was decided that ABC Tire Company would implement a BPM project with the goal to decrease the manufacturing cost per tire and increase revenue from each tire sold. To track the success (or failure) of the project they determined the following baseline data for 20

Definition of Production System & Operations Management

Define a production system. How does the concept of a production system help in the understanding of OM? Production systems are the subsystems found within manufacturing. This includes everything needed to design, make, and distribute a good. So basically, production systems involve everything from the beginning stages of d

Why does operation strategy keep changing for world-class competing companies?

Why does the "proper" operation strategy keep changing for companies that are world-class competitors? The world is evolving every day and is at a constant change or upgrade. So it only makes sense that the â??properâ? operation strategy will also evolve and change over time, otherwise your corporation could easily get ru

Operation management2

You will see the details in the attachment ... 3. Bob Heckman, manager of the MIS department at ASW Publishing, has received a request from Virginia Griner, the head of Human Resources, to develop an interactive icon- and menu-driven software package to be used by the benefits specialists in her department. Based on prelimin

PERT and CPM Situation Estimation Techniques

In what situations should the PERT estimation technique be used? Use advantages and disadvantages to support your arguments. In what situations should the CPM estimation technique be used? Use advantages and disadvantages to support your arguments. Are there any other project management cost and scheduling estimation tec

What is the relative quality between Toyota Corolla and Rolls Royce?

Too many people believe high quality is synonymous with high price or high cost. Pick two functionally similar products that compete in very different markets and discuss the relative quality of each, Toyota Corolla and a Rolls Royce. Is cost often a function of the market requirements and can high quality is achieved at any cos

This post addresses the brand image of Rolls Royce.

We were looking at the Rolls-Royce brand. We noted that Rolls Royce could be vulnerable as a result of its uniqueness in terms of handmade craftsmanship and also aiming for perfection. Perhaps there is a negative effect of aiming for PERFECTION rather that just aiming high. Any thoughts? Please provide any references

Cyprus Fuel Project - Cost Volume Profit case

COST-PROFIT-VOLUME ANALYSIS Cyprus Fuel Project manufactures and sells a single product, EcoPlus, a fuel saving device for motor vehicles in the domestic market. The Project commenced business operations on January 2010 and sales in the first six months were brisk due to the world wide increase in fuel prices. However the seco

Risk Control Planning Marketing

New Markets will gather data from Internet chat rooms, online news releases, and many other sources. This data will be compiled for both white papers and private contracts. Your assignment is risk control planning. You are to produce a risk register. At a minimum, each risk must be assessed qualitatively. Additionally, you must

Consumer Project for ipad2

our product is ipad2 our competitor is galaxy tab 1). Select two brands within your product category with very different marketing/promotion strategies. Submit as exhibits promotional materials such as sample print ads, TV/radio commercial transcripts/descriptions/URLs, website materials, packages, and any other relevant mark

Managing contingency allowance; risk protection, transfer

A. Consider the following scenario. o A leading biomedical company hires you as a consultant to help with a serious problem. The company had planned to complete their final acceptance testing of a new pacemaker last week, but found a significant integration risk between the pacemaker and the instrumentation used to perform di

Assess the Project Risk Management

A few moments ago, Fred (one of your other key marketing specialists) handed you his resignation letter. He has accepted a similar opportunity with a competitor. His last day with LRH is in 3 days, and he is unwilling to stay any longer. He starts his new job right away and would like some time off between jobs. Your immediate r

How do I determine the most recent technology that would benefit any operation?

Your process team has been requested to identify technology that would be beneficial to manufacturing and service operations clients (e.g., SBS Seating and MLD Hospital). Consider the following: SBS Seating manufactures leather seating that consists of various components, such as frames; electrical parts (heating and com

Different investment appraisal methods

Please help with the following problem. Provide at least 100 words in the solution. These different investment appraisal methods provide different types of information for investment decision makers. Capital budgeting is only part of strategic investment process. Let's suppose that a project is not financially feasible (N

Module is to select an organization for your project. You may consider any of these organizations as long as you have enough access to that organization to respond to the assignments. [Note: you will not be asked to reveal any proprietary or confidential information in your reports.

Module is to select an organization for your project. You may consider any of these organizations as long as you have enough access to that organization to respond to the assignments. [Note: you will not be asked to reveal any proprietary or confidential information in your reports. Most of your reports will be based on your

OSHA's handling of unsafe practices under Bush administration

Labor Relations (Unions), Wage and Hour Laws, OSHA Persistent violators of OSHA regulations are of major concern to government regulators, the general public and employees themselves. What should be done when a company repeatedly ignores safety violations? For your case assignment, you will read about an employment situation

Operating Leverage for the Electric Scooter Project

Operating leverage is often measured as the percentage increase in pretax profits after depreciation for a 1% increase in sales. a. Calculate the operating leverage for the electric scooter project assuming unit sales are 100,000 (see Section 10 - 2). b. Now show that this figure is equal to 1 (fixed costs including deprec