Chapter 1: Q9PE (page 41)
A measure calculated by taking the ratio of output to input.
Productivity
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Why would subcontractors for a government project want their activities on the critical path? Under what conditions would they try to avoid being on the critical path?
In considering a capacity expansion we have two alternatives. The first alternative is expected to cost \(1,000,000 and has an expected profit of \)500,000 over the next three years. The second alternative has an expected cost of \(800,000 and expected a profit of \)450,000 over the next three years. Which alternative should we select, and what is the expected value of the expansion? Assume a 10 percent interest rate.
A key assumption related to the resources needed to complete activities when using the critical path method.
In a service process such as the checkout counter in a discount store, a good target for capacity utilization is about this percent.
What would be important criteria for selecting a site for an IKEA store?
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