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Project Management

Equivalent units of production..

I have posted 2 multiple choice problems I need help with... A department adds raw materials to a process at the beginning of the process and incurs conversion costs uniformly throughout the process. For the month of January, there were no units in the beginning work in process inventory; 10,000 units were started into produc

Replacement Project

To be honest, I don't even know where to start with this problem and would appreciate any help that you feel is allowed. At least something that could get me started and allow me to check my work when finished. Thank you for your help. International Cookies Inc. is considering the purchase of a new cookie oven. The origina

Impact of management style in a food and beverage operation

Impact of Management Style Describe the impact of a manager's actions on a food and beverage operation. List 7 situations in which a manager's actions either indirectly or directly affect a guest's dining experience. Describe the impact of your selected actions on the profitability of a food and beverage operation.

ROIC

Leak Inc. forecasts the free cash flows (in millions) shown below. If the weighted average cost of capital is 11% and FCF is expected to grow at a rate of 5% after Year 2, what is the Year 0 value of operations, in millions? Assume that the ROIC is expected to remain constant in Year 2 and beyond (and do not make any half-year

Project management

Why might a project schedule need to be compressed? What are some of the ramifications of compressing a schedule? Describe a situation in a organization where consensus building was used. How successful was it? Provide an example of where you think consensus building could be used. Describe a situation where you could

Switch to level production

The manager of Crafts needs to have information about how switching to level production will affect the company's profits and loan need. Assumptions for pro formals and the cash budget. Switching to level production will not affect Sales, Accounts Receivables, Long-term Debt, or Net Plant and Equipment. You can take thos

Problems arising from the assumptions of CPM

Critical path analysis is recognized as a significant aid in project planning. However, there are sevel issues to be aware of when coverting the CPM-based plan to reality and actually executing the project. What are some of the problems arising from the assumptions of CPM?

CPM and PERT project management

CPM/PERT 1. Immediate Duration Activity Predecessors (days) a. organize layout team - 5 b. organize modification team - 3 c. design personnel jobs a 2 d. set machinery in place b 3 e. connect utilities c,d 7 f. modify conveyor system e 4 g. train personnel e

Project management - implementing the process of control schedule and control cost

You are managing an e-mail consolidation and upgrade for your organization, and you're focusing on the implementing the process of control schedule and control cost. You must state your case and supporting evidence for the need of implementing the process of control schedule and control cost to your stakeholders. Prepare a prese

Cookie Production Process

The Company The Lew-Mark Baking Company is located in a small town in western New York State. The bakery is run by two brothers. Lew and Mark, who formed the company after they purchased an Archway Cookie franchise. With exclusive rights in New York and New Jersey, it is the largest Archway franchise. The company employs fewer t

Project Management Described

1. What is a WBS? Describe it's purpose. Discuss the benefits of using it. 2. What is a Gantt chart? What is the Critical Path and how is it used? 3. Create a simple task schedule network (MS Project is not required but preferred). (Minimum of 15 tasks.) The content is up to you. Minimum requirements are as fol

Management: project budget shows $35000 spent of $40000; what does it mean?

A project budget report is showing our project as spending 35,000 against a budgeted amount of 40,000. What does this report tell you about the project? 1. we can't be sure how the project is going 2. we should check to see if all bills have been paid 3. we are doing a good job managing the project 4. we are spending less

Reporting aspect of a project/program or operation

As we progress in our study of project management tools we will inevitably take a look at the reporting function. How many of you are involved in the reporting aspect of a project/program or operation? Do you agree with the methods used for evaluation? Is it always useful information being disseminated? Does healthcare organ

Aggregate production planning (level vs. chase)

Work thru this to compare chase versus level aggregate plans: As a manager of a washing machine manufacturing company, you are required to determine the level of output per month from your plant for the next quarter. At the end of September (last quarter) you had 100 finished washing machines in stock. Your company works with 2

Nine traits and skills for a project manager, least important skill

Review the nine traits/skills associated with being an effective project manager. Discuss in your opinion which one is the least important. Nine traits are noted below. 1. Systems thinker. 2. Personal integrity. 3. Proactive. 4. High tolerance of stress. 5. General business perspective. 6. Good communicator. 7. Effec

Best production plan for company selling antifreeze solution

Assignment 3: Aggregate Planning Case A firm produces antifreeze solution in gallons. This product has a very seasonal demand pattern during the year, with higher demand during the winter. Given the following costs and quarterly sales forecasts, the firm needs to develop production plans in order to meet their needs. Click he

Formula for expected production and costs

Country Heather manufactures flowerpots. It expects to sell 40,000 flowerpots next year. The company has enough beginning inventory of direct materials to produce 48,000 units. Beginning inventory of finished units total 4000 with a target ending inventory of 5,000. The company keeps no work in process inventory. The flowerpots

Project Management Conflict and Negotiations

Our ongoing discussion of Project Management is not complete without a brief discussion of two of the most common circumstances found in this environment....Conflict and Negotiations. Please talk about this and how it relates to project management

Hiring a project manager

If you were in charge of hiring a Project Manager for one of the world's most challenging projects, what well known person would you choose to lead it and why? (You can choose anyone (actors, musicians, politicians, athletes, business people, world leaders, etc). I encourage you to be creative. Think in terms of Personal

Organizational Development Project: organization background, OD problems

Assume your hypothetical organization is facing dramatic challenges for which top management is asking for your expertise. As an Organizational Development professional, you are required to make an intervention that will help the company return to profitability, increase its market share, and enhance employee morale. The

Production Under Constraint

RMR Corporation consists of the Semiconductor Division and the Process-Control Division, each of which operates as a profit center. The Semiconductor Division produces two electronic components, the new high-performance Super Chip and an older product called Okay Chip. These two products have the following cost characteristics

Bjorn Ericksen Project Strategy Analysis

Plan to Reduce Project Duration The initial cost of the current schedule will cost approximately $3.152 million and will take approximately 50 weeks to finish. The current project estimates are under budget, but the time frame is not acceptable. Bjorn needs to decide which activities need to be crashed, and understand t

X Corporation: Expected return on project using CAPM

The market capitalization for X Corporation is $10 billion. The estimated beta for its new project is 1.25 The treasury bill rate is 5% The project's IRR is 14% The expected rate of return on the S&P 500 is 13%. What is the expected return on the project using CAPM? (Assume no taxes) A) 13% B) 14.6% C) 15% D) 16.25

Analyze the case against Martin L Grass of Rite Aid Project Paper

Martin L. Grass of Rite Aid accounting scandal ***Trial Details*** 1) Research the Martin L. Grass of Rite Aid trial and answer the following questions: a. In what type of court was your subject tried? b. Provide key details about the trial. c. Did your subject enter into a plea bargaining agreement? If so, to what charge