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A company produces an item with D = 5000, H = $20, S = 500, and C=100. They have correctly figured their optimal order quantity Q = 500. The supplier has offered a $200 discount per order if the company orders 1000 at a time. What would be the total annual cost if the company accepts this offer and changes Q to 1000? (Be sure to ...continues
How would you define the difference between a Sub-Project, Project Phase and Summary Tasks?
I need someone to give me an example of one of the linking variables and how it would affect the project schedule?
If you have some simple tips would you please explain to me what the disadvantages as well as the advantages of using spreadsheets to create estimates in regards to PM are?
What are some of the tactics a PM can use to control the estimate and budget preparation process?
In regards to top-down versus bottom-up budgeting in the newsgroup. There are advantages as well as disadvantages to both. As is often the case, a hybrid of the two may be most effective, but the dilemma is that this can turn into a time consuming negotiation between upper management and field management. Can you please let m ...continues
3 Specific Managment decision questions
I know that learning the mechanics of the software in regards to project management that it must relate to sound project management principals. For example, one cannot simply link all the tasks in a project and let it go at that. The affect that each link will have on the project schedule must be considered. I understand t ...continues
Project Vs Process I understand that sometimes there is confusion within organizations about the difference between a project and a process. I also understand that by definition, a project is a unique set of tasks that generally don't repeat themselves. If the tasks are repetitive and ongoing, then we are probably talking pr ...continues
Can you please suggest an organization in which it would be possible to analyze the relationships among organizational culture, project structure, and project resources. I need it explained to me how projects are selected and structured within the organizational culture and a description of how the challenges in acquiring r ...continues