Capacity Planning : Evaluate Machine A and Machine B. Assume: The life of each machine is 3 years B. The
Capacity Planning :
- Evaluate Machine A and Machine B.
Assume:
- The life of each machine is 3 years
B. The company thinks it knows how to make 12% on investments no more risky than this one.
2. Determine, via Present Value Method, which machine should be recommended. Explain your decision. What assumptions are you making about the machines? What assumptions are you making in your methodology?
Statistics Process Control
Quality control techniques play a fundamental role in mostly firm of today’s competitive world, and the notion of statistical control has an important place in the whole picture. This technique is based on obtaining several samples and then measuring how the mean and range of those samples evolves in time. We are interested in determining if the process is stable of in control.
Forecasting
The purpose of this problem is to analyze a data set containing information about sales of each day of year 2004. The objective of the firs part of the problem is to find the best forecasting method, given that we disregard the possibility of seasonality.
Project Management
The objective of a PERT problem like this is to analyze the completion time of several tasks that are inter-related and the fulfillment of certain task depends on the previous fulfillment of some others. In this case also, there are no exact estimates of the completion time for each task. We only have estimates of the optimistic, most likely and pessimistic case.
Deliverable: Word Document
