...* Change the task type settings to control how resources affect task assignments * Apply a preset resource contour to change work value distribution * Working with task information forms When planning a project schedule, adjustments are often needed to reflect necessary changes in project scope, assignments, etc. In MS Project, when an assignment is changed, the schedule is recalculated to display the changes. You can work with the scheduling method and the task type settings when making changes to the initial resource assignment. In the previous lesson, the initial resource assignments were made for our project. But we need to learn how to make adjustments to how those resources are used. It is important that you read every part of this lab carefully, if not twice. Working with Effort-Driven Scheduling How a task reacts to the addition and removal of resources is defined by the scheduling method and the task type settings. In MS Project, the default scheduling method is effort-driven scheduling. Effort-driven scheduling extends or shortens the duration of a task to accommodate changes to resources but doesn't change the total work for the task. Work is the amount of effort, or number of hours, resources put into a task. The total work for a task is determined by the duration estimate for the task and the initial resource assignment using the following formula: Work = Duration * Units For example, say you give a task the duration of...
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...BTEC Business Unit 3: Financial Forecasting for Business Learner Name: | Centre Number: 23168 | BTEC Business | | Learner No: | | UNIT NUMBER AND TITLE: | Unit 3: Financial Forecasting for Business | ISSUE DATE: | | HAND IN DATE: | | RESUBMISSION DATE: | | ASSESSOR: | | Aims The aim of this unit is to enable you to understand the financial aspects of running a business. You will do this through looking at the key concepts used by businesses to manage their money, and forecast their finances for the future. Money is at the heart of business. It is likely to be the main reason why a business was created and for it continuing to trade. This unit looks at the financial aspects of running a business. Work covered You will: * Know about costs, revenue and profit in a business organisation * Be able to prepare a break even analysis * Be able to create a cash flow forecast Know about costs, revenue and profit in a business organisation Business costs: costs incurred at start up; operating costs (fixed, indirect, variable, direct costs, total costs) Revenue: sources of revenue e.g. sales, leasing interest; calculating total revenue (unit sales price x number of units sold) Calculating gross and net profit: revenue (income) minus costs (expenditure), cost of sales, expenses (operating costs); maximising profits (increasing revenue Be able to prepare a break-even analysis Break even: balancing costs or expenditure...
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...works 2 shifts? Three shifts? How many if it operates three shifts a day, seven days a week? Which operation is the bottleneck? TASK | TIME | NUMBER OF OPERATORS | a.BUDDIES/HR | b.BUDDIES/SHIFT | c.BUDDIES/ "2" SHIFTS | d.BUDDIES/ "3" SHIFTS | e.BUDDIES/ "3" SHIFTS - 7 DAYS | FILLING | 1.5 | 6 | 240 | 1680 | 3360 | 5040 | 35280 | MOULDING | 1.6 | 3 | 225 | 1575 | 3150 | 4725 | 33075 | EYES | 1.2 | 2 | 300 | 2100 | 4200 | 6300 | 44100 | EYE GLASS | 1.2 | 1 | 300 | 2100 | 4200 | 6300 | 44100 | PAINTING | 1.5 | 1 | 240 | 1680 | 3360 | 5040 | 35280 | PACKING | 1.98 | 2 | 363 | 2541 | 5082 | 7623 | 53361 | a. Buddies/hr = 60minutes x Operators time/task b. Buddies/shift = 60minutes x Operators x Productive hrs time/task c. Buddies/ 2 shifts = 60minutes x Operators x Productive hrs x No. Of Shifts time/task d. Buddies/ 3 shifts = 60minutes x Operators x Productive hrs x No. Of Shifts time/task e. Buddies/ 3 shifts = 60minutes x Operators x Productive hrs x No. Of Shifts x Days 7 Days time/task Bottleneck = Lowest output (Moulding) Theoretical Capacity/hr = Operators x 60min Total time/task 15 x 60 = 258/hr 3.48 Q2. If all of the operators work at the rates Ben observed, and assuming that...
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...study: 3 Quiz question 1 A. B. B C. D. Turn your clicker to channel 25 Switching from a push to a pull system will generally Increase the process capacity Increase the flow rate of the process Decrease the average flow time of the flow units Increase the utilization of some of the resources 4 2 Batch process A batch process is a process which produces multiple types of flow units in successive groups, or batches This applies mostly to manufacturing make to stock processes manufacturing, make-to-stock The equipment is usually highly flexible but often requires setups when switching production from type of flow unit to another E.g. Shirts of different sizes and/or colors A (production) batch is a set of production units that are (p ) p processed before the resource needs to go through another setup 5 Definitions Definition 1: Setups are down times, i.e. times during which no flow units can be worked on by the resource because the machine is being set up Definition 2 (more general) : Setups are activities for which the duration is independent of the number of flow units 6 3 Back to Kristen’s Cookies Co. Were there any setups involved in the process (using definition 2)? What was the equivalent of batch size there? 7 Setup time & Batch size One machine does two tasks. A setup is required before switching tasks. g Task 1 (Machine 1) Task 2 (Machine 1) Task 1...
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...event’s occurrence. Sum of the conditional profit (loss) for each event. Sum of the conditional profit (loss) for each event times the probability of each event’s occurrence. [Fact Pattern #1] Proper Propeller, Inc. plans to manufacture a newly designed high-technology propeller for airplanes. Proper Propeller forecasts that as workers gain experience, they will need less time to complete the job. Based on prior experience, Proper Propeller estimates a 70% cumulative learning curve and has projected the following costs. Cumulative number Manufacturing Projections of units produced Average cost per unit Total costs 1 2 $20,000 14,000 $20,000 28,000 [2] Gleim #: 1.3.98 -- Source: CMA 0408 1-148 (Refers to Fact Pattern #1) If Proper Propeller produces eight units, the average manufacturing cost per unit will be A. B. C. D. $14,000 $9,800 $1,647 $6,860 [3] Gleim #: 1.4.104 -- Source: CMA 1293 4-25 The four components of time series data are secular trend, cyclical variation, seasonality, and random variation. The seasonality in the data can be removed by A. B. C. D. Ignoring it. Taking the weighted average over four time periods. Subtracting a seasonality factor from the data. Multiplying the data by a seasonality factor. Copyright 2008 Gleim Publications, Inc. Printed for Mohammad Al-Sharafi Page 1 Gleim CMA Test Prep:...
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...Measure of effective use of resources, usually expressed as the ratio of outputs to inputs. Productivity =Output / Input Competitiveness: Organizations compete with each other in various ways including: 1. Price: amount customer must pay for the product or service. If all other factors are equal customers will choose lowest price. 2. Quality: Material, workmanship and design. Quality is related to buyer’s perception. 3. Service: like after-sale such as delivery, setup, warranty, technical support etc. 4. Differentiation: any special feature (design, cost, quality, ease of use, etc) that cause a product or service to be perceived by the buyer as more suitable than competitor’s. 5. Flexibility: the ability to respond to changes. 6. Time: like, how quickly product is delivered, how quickly product is developed, and rate of product improvement. 7. Managers and workers: people are the heart and soul of an organization. Their skills can be a competitive edge. Skills example is answering the phone: persons handling calls should be helpful, cheerful, prompt. Global 1. 2. 3. 4. 5. 6. competition criteria: Changing in nature. Quality, service and prices competition. Continued growth of service sector. Scarcity of operations’ resources represents a limitation in competition. Rapid expansion of advanced technologies, to compete with global companies, you have to use a similar technology. Strategic alliances: joint ventures among international companies to exploit global business opportunity...
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...cha06369_tn05.qxd 3/4/03 11:05 AM Page 186 technical note five F A C I L I T Y L AYO U T 187 Basic Production Layout Formats Process layout defined Product layout defined Group technology (cellular) layout defined Fixed-position layout defined 188 Process Layout Computerized layout techniques—CRAFT Systematic layout planning CRAFT defined Systematic layout planning (SLP) defined 193 Product Layout Assembly lines Assembly-line balancing Splitting tasks Flexible and U-shaped line layouts Mixed-model line balancing Current thoughts on assembly lines Workstation cycle time defined Assembly-line balancing defined Precedence relationship defined 200 Group Technology (Cellular) Layout Developing a GT layout Virtual GT cells 202 203 Fixed-Position Layout Retail Service Layout Servicescapes Ambient conditions Spatial layout and functionality Signs, symbols, and artifacts 206 207 215 216 Office Layout Conclusion Case: Soteriou’s Souvlaki Case: State Automobile License Renewals technical note TECHNICAL NOTE FIVE cha06369_tn05.qxd 3/4/03 11:05 AM Page 187 FACILITY LAYOUT technical note 187 PLANET EARTH ORBITING THE ASSEMBLY LINE IN A GLOBE FACTORY. THE GLOBES ARE MOVING THROUGH THE FACTORY USING A TRANSPORT SYSTEM SUSPENDED FROM THE CEILING OF THE FACTORY. Layout decisions entail determining the placement of departments, work groups within the departments, workstations, machines, and stock-holding points...
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...Subject Name: Measurement and Decision Making Assessment Title: Written Assignment 2 Weighting: 30% (Assessable value) (20% Part A and 10% Part B) Total Marks: 40 marks for Part A (will be weighted down to 20 marks) 10 marks for Part B Due Date: 15 February 2016 by 11:59 PM (AEDT). Adelaide and Brisbane students please allow for time difference. . Assessment Description . Submission: The assignment will need to be submitted electronically through the student portal – use the link under “Assessments overview and submission” to submit the information. The portal will close at 11:59 PM (AEST). Adelaide and Brisbane students please allow for time difference. . .Requirement: This assessment consists of two parts: • • Part A: Measurement and decision making - You are required to answer all of the following four questions (see details below) Part B: Critical reflection (see details below) The assignment must be completed individually and submitted before the due date to avoid any late penalties. Please make sure you follow the guidelines noted in your subject outline especially those relating to presentation of written work, late policy and academic integrity. GB519/MADM/3T2015/MIR/SK Page 1 of 4 Part A: 4 tasks @ 10 marks each Task 1 (10 marks) (approximately 500 words) Blake Romney became Chief Executive Officer of Peters Inc. two years ago. At the time, the company was reporting lagging profits, and Blake was...
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...Financial Accounting Business Folio Task 1 (Team Assignment) DUE DATE: Your tutorial in week 4 If you do not hand in your business folio to your tutor at your tutorial in the specified week, then 2 marks per day will be deducted from the available marks for this Task. This 2-mark- deduction applies to all submissions after your tutorial time, even if still on the same day of your tutorial. Business folios will be only handed back at tutorials. It is your responsibility to attend the tutorials to submit and collect your business folio. You need to keep your marked Task 1 after you collect it from your tutor as you will need to submit it with your Task 2. Business Folio is a team assignment, submission of individual work is not accepted. It is your responsibility to find your team member, form into a group and conduct team work to develop your team working skills. Prior to commencing your assignment 1. You are required to form a team with one or two other students from your class (teams must consist of two or three students). Complete the team details (Pro Forma: Task 1A). All of your submitted tasks should be typed. Handwritten work is not eligible for submission. 2. Your team is to commence a new business; the form of ownership is to be a company. You will each contribute $200,000 cash and receive shares in the company to that value. There are conditions involved: • The business must be either a retail or wholesale business that appeals to you and...
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...coursework assignment task Unit Co-ordinator: Rodolphe Ocler | Unit Name: Strategic Management | Unit Code: SHR602-6 Sem 2A | Title of Coursework: Assignment 1: Written Report | 40% weighting of final unit grade | Feedback details The university policy is that you will receive prompt feedback on your work within 15 working days of the submission date. Exceptionally where this is not achievable (for example due to staff sickness) you will be notified as soon as possible of the revised date and the reasons behind the change. Submission Date: 24th May 2015, Sunday | Feedback Date: 14th June 2015 | Details of how to access the feedback: Turnitin | Your task 1 Choose an organisation for which there is a large amount of information available about both the industry and the firm. Small private companies can be used but are not usually a good idea. You may not choose companies which feature in the large case studies in the Johnson & Scholes and Grant textbooks, or companies used for in-class teaching. Please confirm your choice of company with your tutor before proceeding. Collecting information can be done in groups 2 Group preparation. - This task is your research and is not graded. However without the research you will not be able to successfully complete the individual task. Based on the information collected, you will be asked to construct strategic tools that will lead to the analysis performed in your individual report 3. The Individual Report...
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...1a) Option: 1) 2) 3) b) Option 2 is the most feasible in terms of cost. 3) a) b) 8.5hrs= 510Mins C= 510*60/ 300 = 102 c) 348/102 = 3.4 or 4 stations d) | Task | Task Time (in seconds) | Remaining Unassigned Time (in seconds) | Feasible remaining task | Task with most followers | Task with longest operation time | | | | | | | | Station 1 | A | 42 | 60 | None | | | | B | 42 | 18 | None | | | | | | | | | | Station 2 | C | 48 | 54 | E,G,H,I | | | | E | 30 | 24 | G,H,I | | | | D | 24 | 0 | F,G,H,I | F,G,H,I | F,G,H,I | | | | | | | | Station 3 | F | 60 | 42 | G,H,I | G,H,I | G,H,I | | G | 30 | 12 | H,I | H,I | H,I | | | | | | | | Station 4 | H | 72 | 30 | None | | | e) 348/4(102) = 85.29% 4 a) x | y | xy | x2 | y2 | Y | | 1 | 57 | 57 | 1 | 3249 | 55.75 | | 2 | 58 | 116 | 4 | 3364 | 57.25 | | 3 | 55 | 165 | 9 | 3025 | 58.75 | | 4 | 59 | 236 | 16 | 3481 | 60.25 | | 5 | 65 | 325 | 25 | 4225 | 61.75 | | 6 | 62 | 372 | 36 | 3844 | 63.25 | | 7 | 68 | 476 | 49 | 4624 | 64.75 | | 8 | 64 | 512 | 64 | 4096 | 66.25 | | 36 | 488 | 2259 | 204 | 29908 | | | 9 | | | | | 67.75 | or 68 | | | | | | | | x= | 4.5 | | | | | | y= | 61 | | | | | | b= | 1.5 | | | | | | a= | 54.25 | | | | | | b) Period | Sales | 4 Period Simple Moving Avg | 1 | 57 | | 2 | 58 | | 3 | 55 | | 4 | 59 | | 5 |...
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...Unit Guide MGW2230 Organisational behaviour Semester 1, 2016 Handbook link: http://www.monash.edu.au/pubs/2016handbooks/units/index-byfaculty-bus.html The information contained in this unit guide is correct at time of publication. The University has the right to change any of the elements contained in this document at any time. Last updated: 19 Feb 2016 Table of contents 1 Table of contents Unit handbook information 4 Synopsis 4 Mode of delivery 4 Workload requirements 4 Unit relationships 4 Prerequisites 4 Prohibitions 4 Co-requisites 4 Chief Examiner 4 Unit Coordinator(s) 5 Tutor(s) 5 Academic overview 5 Learning outcomes 5 Teaching approach 5 Unit schedule Assessment summary 7 8 Second marking 8 Return of final marks 8 Exam viewing 8 Assessment criteria 9 Assessment requirements 9 Hurdle requirements 9 Participation 9 Assessment tasks 9 Examination(s) 13 Extension and penalties 13 Returning assignments 14 Resubmission of assignments 14 Referencing requirements 14 Assignment submission 14 Feedback 15 Learning resources 16 Required resources 16 Technological requirements 16 Q Manual 17 2 Recommended resources Other information 17 17 Policies 17 Graduate Attributes Policy 18 Student Charter 18 Student Services ...
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...use language and research tools Required Textbooks: Slaght, John and Anne Pallant. English for Academic Study: Reading and Writing. 2012 edition – Source Book. Garnet Books, 2012 Slaght, John, Paddy Harben and Anne Pallant. English for Academic Study: Reading and Writing. American Edition – Course Book, 2009 Supplementary Materials: See attached Reading List Online Resources: Dictionary: http://dictionary.reference.com/ Purdue Online Writing Laboratory: http://owl.english.purdue.edu/owl/ WordReady: Academic English. Garnet Education. http://www.garneteducation.com/Book/629/WordReady.html Course Content: A. Reading Strategies as applied to General Education readings 1. Predicting/pre-reading 2. Surveying 3. Using graphic organizers 4. Recognizing syntactic chunks 5. Annotating 6. Skimming and Scanning for specific information 7. Question generating and question answering 8. Speed reading 9. Self-monitoring 10. Collaborative reading 11. Summarizing or reading recall 12. Working with vocabulary in context B....
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...decision Analysis - Jgt Task 1 Decision Analysis Decision Analysis Task 1 A Answer to Question A and A1. The answer relates to Shuzworld’s Rugged Wear Work Boot Assembly Line issue. The Shanghai facility of the company produces steel tipped work boot. The scope of this task is to analyze if the company has properly organized workflow associated with the production of this item. Presented below, Table 1 and Figure 1 demonstrate arrangement of tasks of the production line. Table 1 Task Description of Work boot |Tasks |Completion (Minutes) |Predecessors | |A |10 |N/A | |B |6 |A | |C |3 |A | |D |8 |B, C | |E |3 |D | |F |4 |D | |G |3 |E, F | |H |9 |G | Note: Consumed time for time is 46 minutes. (Courtesy: Shuzworld) Figure 1. Workflow Diagram Both Table 1 and Figure 1 provide information of tasks associated with the production of the work boot. The workflow diagram in Figure 1 shows that some tasks are parallel, and others are sequential. In other words, some tasks can start together, and others cannot start unless the previous task is completed. Table 1 shows that the task A takes 10 minutes to complete; it is the longest task in this schedule. The production line consumes 46 minutes to complete all tasks. It produces 6 boots in an hour and maintains 40-hour per week work schedule. The plant’s operation director, Alistair Wu wants to find out how to optimize tasks from A to H, described in the Table 1 and Figure 1. The concept implies that the tasks within the assembly...
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...Refrigerators (B) | Dishwashing (C) | Work Area (D) | Cooking burners (A) | - | 7 | 193 | 12 | Refrigerator (B) | | - | 4 | 82 | Dishwashing (C) | | | - | 222 | Work Area (D) | | | | - | The present layout is: A | B | C | D | with a distance of 10 feet between adjacent areas. Computing the Load * Distance measure: | Load * Distance | | A to B | 7 * 10 | 70 | A to C | 193*20 | 3860 | A to D | 12*30 | 360 | B to C | 4*10 | 40 | B to D | 82*20 | 1640 | C to D | 222*10 | 2220 | Total | | 8190 | Develop a preferred layout. What is the sum of the loads * distance of your new layout? Problem 2: A firm must produce 40 units/day during an 8-hour workday. Tasks, times, and predecessor activities are given below. Task | Time (Minutes) | Predecessor(s) | A | 2 | - | B | 2 | A | C | 8 | - | D | 6 | C | E | 3 | B | F | 10 | D, E | G | 4 | F | H | 3 | G | Total | 38 minutes | | Determine the cycle time and the appropriate number of workstations to produce the 40 units per...
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