MECH 896 Winter 2015 Workshop 9: Lessons Learned (rev2) Queen’s University MECH 896 Queen’s University MECH 896 Simulation Learning Objectives: 1) Explore trade-offs among the 3 major project management levers: scope‚ budget‚ and schedule. 2) Understand how team skill level‚ team morale‚ deadlines‚ and work quality are interrelated and affected by a project manager’s decisions. 3) Recognize the effect of poor-quality work on project outcomes. 4) Understand the importance of appropriately timed
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Problem 7.1 Fort Winston Hospital Variable cost per visit 5 Annual direct fixed costs 500‚000 Annual overhead allocations 50‚000 Expected annual utiliztion 10‚000 a. What per-visit must be set for the services to break even? Variable Cost Variable cost per visit 5 Volume 10‚000 Total Variable Costs 50‚000 Fixed Costs Annual direct costs 500‚000 Total Fixed Costs 500‚000 Annual overhead 50‚000 Total Costs 600‚000 Volume 10‚000 Price
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Case Study 15.1: TRANSACT INSURANCE CORPORATION Steven L. McShane‚ University of Western Australia‚ and Terrance Bogyo‚ WorkSafeBC TransAct Insurance Corporation (TIC) provides automobile insurance throughout the southeastern United States. Last year‚ a new president was hired by TIC’s board of directors to improve the company’s competitiveness and customer service. After spending several months assessing the situation‚ the new president introduced a strategic plan to strengthen TIC’s competitive
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Choices determine the outcome of life. Little decisions‚ from the size of the coffee in the morning‚ to big ones‚ like purchasing a new house‚ mold and shape one’s lifestyle. Equally important are the consequences‚ good or bad‚ of the actions and what one can learn from them. Maybe finding out that that extra large coffee is too big for the cup holder will persuade that particular person to opt for the medium one next time. The same foundation of cause and effect applies to much more serious actions
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business growth and transformation. * Company Profile A. Location B. Type of Industry C. Product Line and Products The Company’s and SMBIL Group’s (collectively‚ the “SMB Beer Group”) product portfolio has grown over the past 122 years from a single product produced in a single brewery in 1890. The Company markets its beer under the following brands: San Miguel Pale Pilsen‚ which is the Company’s flagship brand‚ San Miguel Super Dry‚ San Mig Light‚ San Miguel Premium All-Malt
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CASE STUDY 8.2: MIDLANDS HOSPITAL (NHS TRUST) 1) Social networks enable knowledge to flow between groups and organizations. There are two major theoretical approaches to such networks. The first one underlines the role of network as channels for the flow of knowledge. The benefits of this network are the connectivity it provides between individuals and organizations. The second one sees social networks as communities and emphasizes the quality of relationships within them. Communities may
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Case Study I: Target Corporation Executive Summary Diversity at Target‚ like everywhere‚ is a work in progress. Target is ahead of the national average in terms of minority hiring. Additionally‚ the company has a higher percentage of minorities in management positions than the industry average. “The Strength of Many. The Power of One‚” is Target’s tagline for diversity. It is realized that we need many points of view all working towards the common goal in order to
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The emergency room is unquestionably a fast-paced environment especially at Grady Memorial Hospital located in the heart of downtown Atlanta where I want to work. Grady is probably one of the busiest emergency departments in Georgia with a patient count that ranges from 25 to 100‚000 clients a year. One could only imagine how busy a nurse would be in that environment. As an ER nurse you need to have the ability to shift gears and accelerate your pace as needed‚ additionally you need to have the ability
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Panasonic Corporation of North America Panasonic Corporation of North America‚ based in Secaucus‚ NJ‚ is the principal North American subsidiary of Osaka‚ Japan-based Panasonic Corporation (NYSE: PC) and the hub of its branding‚ marketing‚ sales‚ service‚ product development and R&D operations in the U.S. and Canada. For more than 50 years‚ Panasonic has delighted American consumers with innovations for the home and business. Panasonic’s consumer electronics and technology products range from award-winning
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The staff at Amherst Veterinary Hospital were very professional when speaking to their customers. I discovered that in order to be a vet you need strong communication skills and patience. In a serious work environment such as the vet office‚ customers may be stressed out because of their pet’s health condition which is why it is important to deal with their issues in a calm matter. An example of this is when one of the cats has a mass removal done‚ the owner wanted the vet to call. After the procedure
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