FT 6202: Management Science (2012-2013) Class 1: Introduction to Transportation Problem Re-cap of linear programming, Classic transportation problem, LP formulation, Solution using MS Excel Text: BRS 5.1, 5.2, 5.3 Class 2: Transportation Problem (cont.) Basic feasible solution of TP, properties, Analysis of Excel output, Sensitivity analysis Text: BRS 5.1, 5.2, 5.3 Class 3: Transshipment problem Formulation of LP model, different variations (unbalanced case, combining with production scheduling
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PERT/CPM Problems 1. For the following data, draw the network diagram, and then crash the activities to find the time-cost trade-off points that the company should want to consider. Start with the plan that has the longest duration. Activity Preceding Activity Time(weeks) Normal Program 2 5 2 4 3 3 Crash Program 2 3 1 2 2 3 Cost ($000s) Normal Program 5 11 7 8 9 9 Crash Program 5 21 16 22 18 9 A B C D E F A A B, C B D, E 2. Draw the network diagram for the following problem
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TRADITIONAL PROCESS IN PROJECT MANAGEMENT This is the classical and most used methodology, based on a straightforward problem solving strategy: problem definition, solution planning, solution implementation, and solution evaluation. This Traditional Approach consists of 5 stages: Project Initiation, Project Planning, Project Execution, Project Control and Project Closure. Although boundaries between some stages and stage components aren’t completely clear, it’s extremely important to see these
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maximization and cost minimization). It covers linear programming models and other special algorithms, inventory and production models; decision making process under certainty, uncertainty and risk; decision tree construction and analysis; network models; PERT and CPA business forecasting models; and computer application. Examples of qualitative methods include: * action research aims to contribute both to the practical concerns of people in an immediate problematic situation and to the goals of social
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For More Question Papers Visit - www.pediawikiblog.com 10AL51 m USN Fifth Semester B.E. Degree Examination, Dec.2013 lJan.20l4 g. co Management and Entrepreneurship Time: 3 hrs. Max. Marks:100 Note: Answer FIVEfull questions, selecting at least TWO questionsfrom each part. () fDAD'Tt Eta- = PD. 3 E oL. Explain thb various functions of Ee c. -€ :E& 3 (o+ a. I E^a 9d otr -O b. C. =P *i EE 4 a. b. =.9 Yo'!. o6)
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Strategic Analysis Marcel Campbell University of the Incarnate Word Table of Contents Executive Summary………………………………………………………………… 3 Company Overview…………………………………………………………………. 4 Mission, vision, Values……………………………………………………………… 5 History……………………………………………………………………………….. 6 Key Executives………………………………………………………………………. 7 Logo………………………………………………………………………………….. 8 Awards……………………………………………………………………………….. 9 Internal Analysis……………………………………………………………………
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importance to the construction and use of it as a tool for project approval. It is also not properly addressed the life cycle of the project (especially the planning phase, which is essential to a good project) and nor the project management tools (PERT, CPM and Gantt Chart), which should be used to map critical activities, evaluate alternative routes in case of problems/difficulties at some stage, and follow up of activities planned, in relation to the project triangle (time, cost and scope, not
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Who Killed Barings Bank? Management Principles and Dynamics I. Statement of the Problem What control strategy is appropriate with Barings Bank situation? II. Objectives Find the right control strategy model for Barings Bank to prevent another mismanagement of the bank. III. Areas of considerations/Assumptions A. Areas of considerations a. Corporate culture b. Financial c. Decision-Making
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Abstract The key objective of the given study is to comprehend various aspects of project management and their application in the Palm Islands project in Dubai. In the initial section of the report we will present in detail the evolution of project management into a full fledge discipline of management studies. We then move further to understand various tools devised for the purpose of project management like NPV, PRINCE2. Moving further, we will then take a look at the Palm Islands Dubai and try
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Project management From Wikipedia, the free encyclopedia Jump to: navigation, search Business administration | | * Company * Business * Conglomerate | Business organization * Joint-stock company * Limited liability company * State-owned enterprise * Privately held company | Business entity * Cooperative * Sole proprietorship * Partnership * Corporation | Corporate governance * Annual general meeting * Board of directors * Supervisory board * Advisory
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