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Chapter 1: Q1-70Q (page 28)
Question: Operations and supply chain _________ leverage the vast amount of data in enterprise resource planning systems to make decisions related to managing resources.
Answer
Analytics
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A useful tool for the economic analysis of a product development project.
A construction project is broken down into the following 10 activities:
Activity | Immediate Predecessor | Time (Weeks) |
1 | _ | 4 |
2 | 1 | 2 |
3 | 1 | 4 |
4 | 1 | 3 |
5 | 2,3 | 5 |
6 | 3 | 6 |
7 | 4 | 2 |
8 | 5 | 3 |
9 | 6,7 | 5 |
10 | 8,9 | 7 |
In a service process such as the checkout counter in a discount store, a good target for capacity utilization is about this percent.
The greatest improvements from this arise from a simplification of the product by reducing the number of separate parts.
What do you think might be some barriers to the successful, effective use of the project management software packages discussed in the chapter?
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