2 METHOD OF MONITORING HUGE PROJECT
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2 METHOD OF MONITORING HUGE PROJECT
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- 1) Define performance.Case Study 1. Co.PL Manufacturing makes many components for print machines and copy machines. The company makes 20 different items. The company do not have forecast for production planning. That’s why the manager decides which items to produce and the batch size, based on orders and the amounts in inventory. The products with fewest inventory are given the highest priority. And since that the demand is somewhat erratic the company has experienced being overstocked on some items and out of others. Because of the falling profits because of overstocked and uneven inventories, the manager wants to start forecasting for product A which has a larger share of the company’s profit. The manager gathers the historical sales of this product for previous 14 weeks. Week 1 Product A 1 50 2 54 3 57 4 60 5 64 6 67 7 90* 8 76 9 79 10 82 11 85 12 87 13 92 14 96 Questions: What are the advantages of using…Q. 5 Critically discuss the historical background of Total Quality Management. Evaluate therole of Kaizan theory regarding continuous quality improvement in textile organization.
- QUESTION 3 VP Manufacturers is considering renovating their offices at their Durban head office. (40 Marks) 3.1 Use the generated information to calculate the NPV of the project, to decide whether to go ahead with the project. (20 Marks) Investment required Expected economic lifetime Minimum required rate of return R200 000 5 years. 10% Net annual cash inflows 1st year 2nd year 3rd year R40 000 R100 000 R90 000 R40 000 4th year 5th year R30 000 3.2 VP Manufacturers has decided to go ahead with the project. The following activities has been determined for the office renovation project. Construct a network diagram (AON) to create a graphical description of the operations and their relationship to each other. Identity the critical path for the project. Task/Number Duration (Days) Predecessors A 12 B 8 A C 4 A D 7 C E 6 B. D F 7 E (20 Marks) QUESTION 4 (20 Marks) There is a need for an organisation to manage its human, cost, and technological resources effectively. Therefore, project…Question 15 kk .Define the term GRC and describe different types of governance in COBIT5 framework Full explain this question and text typing work only We should answer our question within 2 hours takes more time then we will reduce Rating Dont ignore this lineQUESTION 4 a. Explain any two process technologies for materials.b. Discuss any three factors that will help to determine the type of production process used.c. Distinguish between design capacity and effective capacity. Provide a brief example.d. Why is the capacity decision important?e. A regional bank training center has the physical ability to handle 1,300 participants. However, management personnel believe that only 1,100 participants can be handled effectively for most training sessions. The last training session, although forecasted to have 1,000 participants, resulted in the attendance of only 990 participants. Calculate the utilization and efficiency of the training facility.
- What is patron-client relationship/ties? Question 1 options: a. All these statements are incorrect statements because it is the patron that provides benefits for the clients in exchange for their support, loyalty and service. Although this is the case, patron-client relationship in SEA is now an extinct system because SEA is no longer an agricultural community. b. This is a kind of system that allows the client to take whatever it needs from the patron because the patron owes the client loyalty and affinity. c. Patron-client ties was prevalent in SEA in the pre-colonial times. It is true that it is the patron (a landlord) who provides benefits for the client (peasant) in exchange for support, loyalty and service. This informal institution has evolved in order to suit the modern times which is no longer agricultural. d. It is best explained as a give and take relationship because the client who provides for the needs…Question 4 Fashion Fun makes 2 types of high end sneakers for toddlers, "Run-It-Out" brand and Jump-It-Out" brand. Manufacturing times for each set of sneakers is given below. Run-It-Out Jump-It-Out Total Hours Available Molding Time 2 4 39 Assembly Time 2 5 44 Accessory Time 3 34 The profit for the Run-It-Out brand is 85 per pair sold and the profit for Jump-It-Out is $150 per pair sold FORMULATE the linear programming problem using the above data. Do NOT solve the problem. Be sure to define the decision variables, objective function, and all constraints.Question 5: details explanation plz Explain the diagram given below from the point of view of e-commerce.
- Business case, Sustainable Products E-commerce Store(package free shop): As more people become environmentally conscious, there is a growing demand for sustainable products(sustainable pet products, clean beauty products, green technology, zero waste products, sustainable clothings and eco friendly home goods). An e-commerce store that specializes in eco-friendly products can be a profitable business idea. 1) Prepare at least 3 risks 2) Prepare Risk Response and mitigation plan 3)Dependencies: Define at least 3 dependency between tasksNo. Activity Duration Successor Relationship Lag (week) (week) 1 A В, С, D A-B (S-S) A-C (F-S) A-D (F-S) B-E (F-S) c-F (F-S) c-G (F-S) D-H (F-S) E-F (F-S) E-G (F-S) F-1 (F-S) G-I (F-S) H-1(F-S) 5 1 7 E 3 C F, G 4 D 4 H E 7 F, G F 7 G 8 H 2 3 1. Estimate the total project duration. 2. Calculate the total float for each activity in the project. 3. State the critical path.Question 9
