1. Look over the scope statement (PE Figure 5-1). If you were an employee at Petrie’s Electronics‚ would you want to work on this project? Why or why not? ANS:Yes‚ because the project seems great . It will benefit the company and be fun and easy. There is a great team to support it as well. 2. If you were part of the management team at Petrie’s Electronics‚ would you approve the project outlined in the scope statement in PE Figure 5-1? What changes‚ if any‚ need to be made to the document? ANS:Yes
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Petrie’s Electronics Case‚ Chapter 5‚ Questions 1‚ 3‚ and 5. 1. What do you think are the sources of the information Jim and his team collected? How do you think they collected all of that information? Jim collected informations by having interviews inside the company with stakeholders. He also worked with the marketing department to get some information from loyal customers. Jim and his team gathered some information about the current system. 3. If you were looking for alternative approaches
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Chapter 3 1. What qualities might Jim possess that would make him a successful project manager? Management‚ leadership‚ technical‚ conflict management‚ and customer relationship. Jim needs to be able to manage the responsibility for initiating‚ planning‚ executing‚ and closing down the project. His environment will be full of continual change and problem solving so understanding the project management process is a critical skill for his success. 2. How do you think Jim should respond to Ella’s
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as Carmen Sanchez? Some strategies Jim may try to employ with a busy team member such as Carmen Sanchez would be to setup appointments during downtimes (such as the beginning of the shift‚ or the end of a shift) to get her insights on the project. 4. What should Jim do next to complete the project initiation? Since Jim has started on establishing the project initiation team‚ the next step would be for him establish a relationship with the customer. Jim should get a thorough understanding of the
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7/15/2012 Course Project: Petrie’s Electronics Business System Analysis 1. How do information systems projects get started in organizations? Systems projects get started in organizations for the following reasons: One it can either be to solve a problem‚ fill a need or to take advantage of an opportunity. 2. How are organizational information systems related to company strategy? How does strategy affect the information systems a company develops and uses? The organizational information
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(Week 1) Course Project: Petrie’s Electronics How do information systems projects get started in organizations? * At the beginning of an information systems project‚ organizations create a systems development life cycle (SDLC) methodology that identifies a variety of phases of development for a project. The SDLC process begins with the “planning and selection” step that typically involves someone having an idea for an information system and what it should do. The company would then make decisions
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Chapter 4 Process Costing Chapter 4 Process Costing Solutions to Questions 4-1 A process costing system should be used in situations where a homogeneous product is produced on a continuous basis. 4-2 Job-order and processing costing are similar in the following ways: 1. Job-order costing and process costing have the same basic purposes—to assign materials‚ labor‚ and overhead cost to products and to provide a mechanism for computing unit product costs. 2. Both systems use the same basic
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CHAPTER FOUR Q4.3. Power Toys (a) Since every resource has exactly one worker assigned to it‚ the bottleneck is the assembly station with the highest processing time (#3) (b) Capacity = 1 / 90 sec = 40 units per hour (c) Direct labor cost = Labor cost per hour / flow rate = 9*$15/h / 40 trucks per hour = $3.38/truck (d) Direct labor cost in work cell= (75+85+90+65+70+55+80+65+80) sec/truck * $15/hr = $2.77/truck (e) Utilization = flow rate / capacity 85 sec / 90 sec = 94.4% (f) (g) Capacity = 1
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Chapter 04 Analyzing Investing Activities Multiple Choice Questions 1. Which of the following would rarely be classified as a current asset? A. Prepaid insurance B. Goodwill C. Marketable Securities D. Work-in-progress 2. Which of the following would not be classified as a current asset? A. Inventory B. Accounts payable C. Accounts receivable D. Prepaid expenses 3. An asset is considered to be liquid if: A. it is readily converted into a current asset. B. it is
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Question 11. In early 2003 Bristol-Myers Squibb announced that it would have to restate its financial statements as a result of stuffing as much as $3.35 billion worth of products into wholesalers’ warehouses from 1999 through 2001. The company’s sales and cost of sales during this period was as follows: 2001 2000 1999 Net sales $18‚139 $17‚695 $16‚502 Cost of products sold 5‚454 4‚729 4‚458 The company’s marginal tax rate during the three years was
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