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- Q2: A company invested an amount of $85,000 to implement a project, and the expected receipts from this project during the 5 years were as follows: End the year 11/ 2 $25,000 Receipts() $10,000 3 $35,000 4 $45,000 5 $30,000 Find I.R.R and determine if the project is desirable or not If the MARR was 16%?The Custom Bike Company has set up a weighted scoring matrix for evaluation of potential projects. Following are five projects under consideration. Criteria Strong sponsor Supports business strategy Urgency 10% of sales from new products Competition Fill market gap Weight 2 4 2 5 1 2 Project 1 6 8 9 5 4 0 Project 2 9 8 4 2 7 10 Project 3 3 2 3 9 4 8 Project 4 9 6 6 1 4 0 Project 5 6 0 7 4 1 0 Using the scoring matrix above, what score would you give to each project?Alpha Beta Gamma Delta Quality 1 3 3 5 Cost 7 7 5 3 Speed 5 5 3 5 Visibility 3 1 Reliability 5 5 57 1 7 7 Construct a project screening matrix to identify among these four projects the most likely candidate to be imple- mented.
- What is the primary purpose of conducting a feasibility study in project management?Select all of the examples of companies locating a facility because of resource асcess. O A company that supplies products to the US and European markets locates their production facility in southeast Asia. A major retailer is located in several major cities across the country. O A company locates a processing facility adjacent to the supplier's mining operations. O A business management consulting firm locates in the same cities as prestigious universities.Angel healthcare Ltd., has 2 investment opportunities, each costing $120000 and each have expected profit as shown below: Years Project "A' Project "B' ($) ($) 1 40000 30000 2 30000 40000 3 20000 35000 4 15000 30000 Year 1 2 3 PVIF @ 10% 0.909 0.826 0.751 4 0.683 Compute NPV & Profitability Index, Suggest which Project to be preffered at 10%cost of capital
- Myra is a project manager who is evaluating Rob's Rubbish Removal Service in the Twin Cities. They have two locations: North and South. 47% of clients are in the North. Of these 78% are satisfied. In the South, 83% are satisfied with their services. Please show your work.a) Draw a decision tree for this situationb) What percentage of the people are satisfied and came from the North?c) What percentage of the people are satisfied and came from the South?d) What percentage of the people are unsatisfied with their service for North and South combined?9. The Stone River Textile Mill was inspected by OSHA and found to be in violation of a number of safety regulations. The OSHA inspectors ordered the mill to alter some existing machinery to make it safer (e.g., add some safety guards); purchase some new machinery to replace older, dangerous machinery; and relocate some machinery to make safer passages and unobstructed entrances and exits. OSHA gave the mill only 35 weeks to make the changes; if the changes were not made by then, the mill would be fined $300,000. The mill determined the activities that would have to be completed and then estimated the indicated activity times, as shown in the table below. Activity Description Immediate Predecessor(s) Time Estimates (Weeks) Optimistic Most Likely Pessimistic a m b A Order new machinery --- 1 2 3 B Plan new physical plant --- 2 5 8 C Determine safety changes in existing machinery --- 1 3 5 D Receive equipment A 4 10 25 E Hire new employees A 3 7 12 F Make plant…4- The following table shows three estimates values for a project. Assume that manager is interested in knowing the risk of an actual cost exceeding $51,000 and the risk of an actual cost non exceeding $49,500. Cost ($) Activities Highest cost Lowest Most likely cost Set up site office 3100 3300 3500 Prepare site laydown yard and temporary fencing 5700 6000 7800 4800 Rough grade site (cut and fill) 5500 6500 Install exterior fire line and building fire riser 6130 7000 7570 Excavate foundations Excavate elevator pit Set reinforcing and 12700 13500 14300 6300 6500 6700 7100 8000 9500 anchor bolts
- 5 project management issues faced in executing, monitoring, and controlling when rebuilding the elliott bay seawall and their solution strategiesMini Case Study - EAP Mary Jones was recently appointed to the new position of director of employee assistance programs at Mega Hotels. Over the objections of her boss, the director of human resources, Mary quickly instituted an alcohol and drug abuse awareness program in each of the hotel’s properties. Her boss opposed the program on the basis that Mega Hotels knew little about the kinds of problems its employees faced. Mary established in-house programs at each property in the chain and hired specialists to implement and supervise the programs. The annual salaries of the five specialists averaged $24,000. Three months later, the president of Mega Hotels asked for a status report on the employee assistance program. At that time, Mary could report only a five percent employee participation rate. The president was disappointed with this rate and threatened to cancel the program. The president asked Mary to evaluate the progress of the program and to make recommendations for its…Q: You have the following table: To D E F G From A 12 1 4 14 2 4 8. C 16 6. 9. 3 Z 18 9 8 7 5 15 10 15 20 60 60 Use the following methods and find the cost of each method 1- North West Corner Method 2- The Least Cost Method 3- Stepping Stone Method