Petrie’s Electronics Case Chapter 3 &4 Chapter 3 1.What qualities might Jim possess that would make him a successful project manager? Jim possess that would make him a successful project manager he would have a diverse set of skill like management‚ leadership‚ technical‚ conflict management‚ and customer relationship. Jim assistant director of information technology is so that they can give him knowledge for the current system that the company is using. Jim knows who is the
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Assignment 1 - Petrie Electronics Case Study As a project manager Jim was able to subdivide the overall system into a set of components. For example he understood the importance of having representatives from the COO and marketing. Jim was also flexible to change. Although he was not expecting to have representatives for the COO and marketing to be on the team and be directly reporting to their supervisors he handled the situation well. Last but not the least he made sure that he has representatives
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Peter Wongkraivet Mgmt 340 Prof. Jodi Bouvin Petrie’s Electronic Case Chapter 3 1. What qualities might Jim possess that would make him a successful project manager? Answer: Project manager should have a diverse set of still like management‚ communication‚ leadership‚ technical‚ conflict management and also customer relationship. Jim is an assistant director and that we know that he already know the current system that the store/company are using. Jim also needs to work closely with individual
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Question 1: Using the guidelines from this chapter and other sources‚ evaluate the usability of the page design depicted in PE Figure 8-1. Some of the words are in a different language‚ which is incorrect. If you want to have‚ different cultures able to use the page‚ have a setting that switches all content from English to Spanish‚ or whatever other languages needed. Page should not display information randomly in different languages. I like the click to act method they have. Overall
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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 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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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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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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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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End-of-Chapter Question Solutions 1 ____________________________________________________________ ________________________________ CHAPTER 5: FOREIGN CURRENCY DERIVATIVES 1. Options versus Futures. Explain the difference between foreign currency options and futures and when either might be most appropriately used. An option is a contract giving the buyer the right but not the obligation to buy or sell a given amount of foreign exchange at a fixed price for a specified time period. A future
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