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This part requires you to manage the schedule for a project and draft procedures to be used to manage the scheduling and construction of the medium-rise building.

You are to make sure that the order of operations that is planned is correct.

What changes, if any, would you make to the schedule provided? Provide a brief to the Contract Manager advising him of the changes you are suggesting.

The following scenario relates to required changes to the schedule for your building project: For this scenario you are to:

– explain the impact on the schedule
– propose a solution to the company
– explain to the company what the implications are of your proposed solutions.

Scenario 1
Materials for the fit-out of the wet areas are not available. The supplier has informed you that replacement materials are being shipped from Italy with an expected delivery date in Australia of 6–8 weeks after the planned delivery date. Painting and final carpentry to the wet areas cannot be completed until after the tiling.

 
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The director of marketing for Starr Computer Co., Megan Hewitt, had the following discussion with the company controller, Cam Morley, on July 26 of the current year:

Megan: Cam, it looks like I’m going to spend much less than indicated on my July budget.

Cam: I’m glad to hear it.

Megan: Well, I’m not so sure it’s good news. I’m concerned that the president will see that I’m under budget and reduce my budget in the future. The only reason that I look good is that we’ve delayed an advertising campaign. Once the campaign hits in September, I’m sure my actual expenditures will go up. You see, we are also having our sales convention in September. Having the advertising campaign and the convention at the same time is going to kill my September numbers.

Cam: I don’t think that’s anything to worry about. We all expect some variation in actual spending month to month. What’s really important is staying within the budgeted targets for the year. Does that look as if it’s going to be a problem?

Megan: I don’t think so, but just the same, I’d like to be on the safe side.

Cam: What do you mean?

Megan: Well, this is what I’d like to do. I want to pay the convention-related costs in advance this month. I’ll pay the hotel for room and convention space and purchase the airline tickets in advance. In this way, I can charge all these expenditures to July’s budget. This would cause my actual expenses to come close to budget for July. Moreover, when the big advertising campaign hits in September, I won’t have to worry about expenditures for the convention on my September budget as well. The convention costs will already be paid. Thus, my September expenses should be pretty close to budget.

Cam: I can’t tell you when to make your convention purchases, but I’m not too sure that September items should be expensed in July’s budget.

Megan: What’s the problem? It looks like “no harm, no foul” to me. I can’t see that there’s anything wrong with this—it’s just smart management.

REQUIREMENT:

How should Cam Morley respond to Megan Hewitt’s request to expense the advanced payments for convention-related costs against July’s budget?

 
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Question The table below shows the selected values of the OC curve for the acceptance sampling plan n = 210, c = 6. Upon failed inspection, defective items are replaced. Calculate the AOQ for each data point assuming the batch size (N) is much larger than the sample size (n) (that is (N-n) N and therefore AOQ=Pd * Pa). Plot the AOQ curve. At approximately what defective rate (Pd) is the AOQ at its worst (highest)? Is this a good plan if the desired specifications are AQL = 0.015, a = 0.05; LTPD = 0.05, B = 0.10 (how well does this plan satisfy targeted a and B) Probability of acceptance Proportion defective (P.) Population percent defective (Pd) Probability of acceptance (Pa) 0.00 1.00000 0.01 0.99408 0.02 0.86650 0.03 0.55623 0.04 0.26516 0.05 0.10056 0.06 0.03217 0.07 0.00905 0.08 0.00231 0.09 0.00054 0.10 0.00012
 
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Corporate social responsibility is probably THE major driver of business ethics in universities and in business magazines. As this literature takes us beyond simply following the laws and making a profit, as well as beyond individual employees’ decisions such as whether to blow the whistle or not, many concerns are raised. you will have to reconstruct the debate over CSR should be divided as follows:

Part 1: What is the case against CSR from the “right” (that CSR asks too much, such as Milton Friedman’s)
Part 2: What is the case for CSR (that CSR asks enough and can deliver results, such as in many business ethics textbooks)
Part 3: What is the case against CSR from the “left” (that CSR doesn’t go far enough/does not work well)
Part 4: Which do YOU think is the correct view and why. -No introduction/conclusion is needed.

 
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