Is there ever a reason to convert a linear program in standard form to slack form? Provide a detailed example and explain your reasoning.
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Is there ever a reason to convert a linear program in standard form to slack form? Provide a detailed example and explain your reasoning.
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- This case describes one company's approach to establishing a project portfolio management capability. It focuses on the practical methods used by United Illuminating Company (UI), a regional distribution utility that provides electricity and energy-related services in Connecticut, to migrate from a traditional functionally based project environment to a dynamic, crossfunctional business environment that manages projects for strategic advantage. The migration period addressed is approximately one year, which is the time it took to establish the fundamentals of Project Portfolio Management (PPM) into the organization. In the spirit of the continuous improvement approach to business, this effort is still in progress.UI, as a public electric utility, is transitioning to become a vital player in the new deregulated utility environment. In 2000, UI's senior management recognized that sustaining shareholder value called for improvement of business processes and the proper selection,…Office Automation Inc., developed a proposal for implementing a software system that will standardize the accounts payable function by automatically issuing an electronic payment upon receipt of the vendor invoice. Contained in the proposal is a list of activities that must be accomplished to complete the project. The following table contains relevant information about the activities. Time (weeks) Cost ($1,000s) Activity Description ImmediatePredecessor Normal Crash Normal Crash A Plan needs 10 8 30 70 B Order equipment A 8 6 120 150 C Install equipment B 10 7 100 160 D Set up training lab A 7 6 40 50 E Conduct training course D 10 8 50 75 F Test system C, E 3 3 60 (a) Develop a project network. A project network with 8 activities and 8 directed arcs is shown. Activity Start is connected to activity A. Activity A is connected to activity B and to activity C. Activity B is connected to activity D. Activity C is connected to activity E. Activity D is…The owner of Maxwell's Coffee and Cakes wants to start selling products that feature her coffee shop's logo. Her first product will be backpacks which she will sell for $137.44 each. She can buy the backpacks for $21.97 and have them customized for $10.92 apiece. There is a one-time set up charge of $1,525.15 for customization. In order for the project to go forward, she needs to show a $14,718.68 profit. How many backpacks will she have to sell in order for this project to be acceptable? Round to the nearest whole number.
- Is there a way to use the concepts of dynamic programming in the real world?answer Part d, e and f onlyAll of the following represent the purpose of the project schedule BEFORE the project starts, EXCEPT: (multiple answers can be picked) To create 'what-if' scenarios to analyze alternatives To force detailed thinking To identify the critical path To identify the needed resources To identify who needs to do what and when To keep track of the budget for the project To show the project status To establish the timeframe and organize activities 0000000
- Freed works for a traditional company that expects him to start at 8.30 a.m. and leave at 5.30 p.m. or later every day. Most of his work is done on a project basis and, as a manager, he is responsible for the quality of work that is produced and for meeting deadlines, as the nature of his work involves meeting deadlines, achieving certain objectives, and hitting targets. On most days of the week, there is often extra work to be done on a project, and Freed stays late in the office or brings his work home. Occasionally, his director and colleagues find him missing important information in a meeting because he was thinking about something else.People sometimes think about something other than what they’re doing. Their minds wander, whether they are trying to read important emails, speaking to clients, updating the sales figures, or talking to colleagues, creating barriers in communication not only for themselves but also their receivers. Justify this statement in keeping with the…You have been hired by a website design, production, and hosting company whose new animated website designs are attracting a lot of attention and many customers. Currently employees are organized into different functions such as hardware, software design, graphic art, and website hosting, as well as functions such as marketing and human resources. Each function takes its turn to work on a new project from initial customer request to final online website hosting. The problem the company is experiencing is that it typically takes one year from the initial idea stage to the time a website is up and running: the company wants to shorten this time by half to protect and expand its market niche. In talking to other managers, you discover that they believe the company's current functional structure is the source of the problem-it is not allowing employees to develop websites fast enough to satisfy customers' demands. They want you to design a better structure. Discuss how you can improve the…You have just been assigned as the project manager for an ongoing project in your company. You have discovered there is no Work Breakdown Structure (WBS) which is a project management tool showing a hierarchical decomposition of the work to be executed by the project team to accomplish the project objectives. When you talked to your project sponsor about the issue, he told you that nobody in the company even knows what a Work Breakdown Structure is or what purpose it serves. He also told you that the company has executed numerous projects in the past without ever using a Work breakdown structure. However, he asked you to prepare one just in case it is really a necessary project tool. A) Using a hypothetical project in the mentioned company, prepare a Work Breakdown Structure for presentation to your sponsor.. B) Discuss the characteristics of an effective WBS and the importance of applying it to the project management cycle.
- snipExam instructions: This is a scenario based exam. You have to make a Business Blue Print document and Project Plan for the scenario given below. Your submission should be ideally in PDF format prepared in Ms. Word. Flowchart diagrams can be made in the tool of your own preference. Business Scenario. Consider a business scenario where you are hired as SAP MM Module consultant. Following are the initial requirements gathered from business workshops. The company has 4 locations where procurement is done. These locations are configured as Plants in SAP. Each plant has 1 warehouse which can be created as storage location in SAP. There are 2000 inventory items which are called material master in SAP. There are approx. 250 vendors. There is a centralized purchase department which is called purchase organization in SAP. Following is the procurement process: The user department raises a purchase requisition in SAP. The purchase requisition is approved my user’s manager. The purchase…Montgomery Healthcare System is a health system that has 14 hospitals and 32 outpatient clinics. The leader is responsible for working with a team of health professionals to improve clinical errors, compile reports, implement evidence based management practices, and collaborate to provide training to health professionals at all levels. The leader is working with an interdisciplinary team of various specialties, backgrounds, and personalities. This is a high visibility project as the CEO wants weekly reports on progress based on the outcomes. Unfortunately there are a few team members that do not get along and it is challenging to get these professionals to work together to achieve the goals defined. Please remember to write from a 3rd person perspective and use references to support ideas, assumptions, and answers for this analysis. Thank you! Please write a paper describing the following: Who's on the team? Define team roles? What is the actual interpersonal conflict? How…