Analyse the sensitivity analysis and summarise the implications of the analysis for the project, Property acquisition 50%, financing 70% and construction 50%.
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Analyse the sensitivity analysis and summarise the implications of the analysis for the project, Property acquisition 50%, financing 70% and construction 50%.
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- Stinnett Transmissions, Incorporated, has the following estimates for its new gear assembly project: Price $1,220 per unit; variable costs = $3.75 million; quantity = 90,000 units. Suppose the company believes all of its estimates are accurate only to within ±15 percent. What values should the company use for the four variables given here when it performs its best-case scenario analysis? What about the worst-case scenario? Pls don't copy answer i give up voteKloppenborg et al. (2018:392) defines project quality as characteristics of a product or service that bear on its ability tosatisfy stated or implied needs. Judging from the case study, the quality of the Harmon Hotel project has a lot to be desired. Using the core value of Total Quality Management (TQM), critically discuss how the Harmon Hotel project manager couldhave better managed the quality of the project. Ensure that each value is discussed in detail“To cut the number of projects, the steering committee used a weighting scheme that reflected theairline’s priorities, which were: fly safe, generate revenue, reduce costs, and customer service. Theweighting scheme easily weeded out the fluff.”Use a weighted scoring model to help the committee choose between two projects: Booking SystemUpgrade and Cabin Crew Retraining. The relative weights for each criterion and the assessment ofeach project for these criteria are shown in the following table. Which project would you choose andwhy? (See extract attached to assist) (Assume 10 represents the preferred score and 1 represents the undesired score.) Criteria Weight Booking System Upgrade Pilot Crew Retraining Fly safe 40 4 10 Generate revenue 30 9 9 Reduce costs 20 7 8 Customer service 10 10 10
- identify and explain the different types of feasibility study to perform before the start of a project“To cut the number of projects, the steering committee used a weighting scheme that reflected theairline’s priorities, which were: fly safe, generate revenue, reduce costs, and customer service. Theweighting scheme easily weeded out the fluff.”Use a weighted scoring model to help the committee choose between two projects: Booking SystemUpgrade and Cabin Crew Retraining. The relative weights for each criterion and the assessment ofeach project for these criteria are shown in the following table. Which project would you choose andwhy?Criteria Weight Booking System Upgrade Pilot Crew RetrainingFly safe 40 4 10Generate revenue 30 9 9Reduce costs 20 7 8Customer service 10 10 10 (Assume 10 represents the preferred score and 1…What are the main points covered in a feasibility report?
- “To cut the number of projects, the steering committee used a weighting scheme that reflected theairline’s priorities, which were: fly safe, generate revenue, reduce costs, and customer service. Theweighting scheme easily weeded out the fluff.”Use a weighted scoring model to help the committee choose between two projects: Booking SystemUpgrade and Cabin Crew Retraining. The relative weights for each criterion and the assessment ofeach project for these criteria are shown in the following table. Which project would you choose andwhy? (See extract attached to assist) (Assume 10 represents the preferred score and 1 represents the undesired score.) Criteria Weight Booking System Upgrade Pilot Crew Retraining Fly safe 40 4 10 Generate revenue 30 9 9 Reduce costs 20 7 8 Customer service 10 10 10 Use the Template in the attached16) Identify some similarities and differences between the CPM and PERT project management tools. 17) Describe three "best practices" to observe when producing a WBS? 18) The probability of heavy traffic on a provincial highway is 20%, while the probabilities of low and medium tra are 50% and 30% respectively. It was estimated that annual maintenance costs of the highway are $20 000 in the case of low traffic, $30 000 in the case of medium traffic and $100 000 in the case of heavy traffic. Calculate the expected value of the annual maintenance costs. 3Ana Chavarria, front office manager of The TimesHotel, and Lorraine DeSantes, the hotel’s director ofmarketing, learn their city will be hosting the nextOlympic Games. The city council and the tourismboard are planning to develop a program to ensurethe delivery of high-quality service by all agencies,private and commercial, to the many guests. Individual groups (hotels, restaurants, public transportation, etc.) will meet and decide on a course of action.Margaret Chu, general manager of The Times Hotel,wants Ana and Lorraine to represent the hotel onthe Hotel Hospitality Commission. Because theGames are several years away, there is ample time toinvolve various constituencies in developing a planfor implementation.After a few meetings with the commission, thegroup feels it should break into smaller teams todiscuss developing specific components of deliveringhigh-quality service. Ana and Lorraine are heading the Service to the International Visitor planningteam. What suggestions would you…
- Deavyanne Johnston, the engineering manager at TZO Chemicals, wants to complete an alternative evaluation study. She asked the finance manager for the corporate MARR. The finance manager gave her some data on the project and stated that all projects must clear their average (pooled) cost by at least 4%. a. Use the data to determine the minimum MARR.b. The study is after-taxes and part (a) provided the before-tax MARR.Determine the correct MARR to use if Te was 32% last year and the finance manager meant that the 4% above the cost is for after-tax evaluations.Why do you think feasibility reports are important in the workplace?What is the purpose of a feasibility study in the initial stages of a project?