The concept of the Project Management Triangle was formalized in the first half of the 20th century in manufacturing, and is now actively used in various fields to balance project constraints, determine what has caused or will cause the deviation, and analyze possible consequences.
Explain in your own words what the Project Management Triangle is. What are its elements? How is the Project Management Triangle used by project managers?
Think about reducing the time needed to complete the project without compromising other constraints. Provide at least three ways to shorten the project delivery time.
Answers
The Project management triangle is a framework that represents the interdependent relationship between three key elements in a project: time, cost, and scope, and is used to measure a project's success. It illustrates that these elements are interconnected, and any change in one element will have an impact on the other two.
The project management triangle (also called Triple Constraint or Iron Triangle) is a concept formally developed to balance project constraints, determine the root cause of the deviation, and examine possible consequences. The project management triangle has three elements that are critical to achieving the desired outcome, which are the following:
Scope: The project's objectives and deliverables are defined in terms of scope. The scope of a project is the sum of all the objectives, duties, and outcomes that will be accomplished by its completion.Cost: This refers to the financial resources allocated for the project. It includes the budget or funds available to cover expenses associated with labor, materials, equipment, and other project-related costs.Time: The time is the period allotted to complete the project. The time includes the amount of time it takes to complete the project from start to finish. It represents the deadline or target date by which the project needs to be finished.Project managers use the Project Management Triangle as a tool to understand and manage project constraints. The triangle helps in making informed decisions by balancing the elements. For example, if there is a need to reduce the project duration (time), the project manager must consider the impact on cost and scope and vice-versa.
To shorten the project delivery time while maintaining the other constraints, project managers can consider the following strategies:
Improve resource allocation: Assess the availability and utilization of resources, such as manpower, equipment, and materials. Optimize resource allocation to ensure efficient use and minimize any wastage or idle time.Streamline processes: Identify bottlenecks or inefficiencies in project workflows. Streamline processes by eliminating unnecessary steps, reducing handoffs, and optimizing the sequence of activities. This can help in improving overall project efficiency and reducing time.Prioritize critical activities: Identify critical path activities that have the most significant impact on project duration. Focus on accelerating or fast-tracking these activities by allocating more resources, implementing parallel workflows, or using overlapping scheduling techniques. By compressing the critical path, the project timeline can be shortened.So, project managers need to carefully analyze the project requirements, assess trade-offs, and make informed decisions to achieve the desired time reduction while considering the impact on cost and scope.
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Related Questions
Why won't the NFL let companies use "Super Bowl" in advertising?
Answers
The National Football League (NFL) registered the term "Super Bowl" as a trademark in 1969, which explains the situation. Any commercial endeavour that refers to the "Super Bowl" is prohibited by the NFL.
Don't undervalue how seriously they take this, either. Commercials for the game refer to it as the "Big Game" rather than the Super Bowl. It's just that it has been a registered NFL trademark since 1969. Super Bowl commercial demonstrate to the world that you are a brand worth knowing, following, and believing in. A strong Super Bowl commercial can significantly boost your brand's social media influence and even go viral.
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The cyclical deficit rises during economic expansions. True or false
Answers
Answer:
false
Explanation:
Historically, the deficit has been highly countercyclical, meaning that it rises during economic slowdowns and falls during expansions. This countercyclicality is driven by both the spending side and revenue side and by both discretionary or “activist” policies and automatic or “passive” policies
Answer:
False
Explanation:
How education is medium to enhance the ability of human beings?
Answers
The general education of a populace enhances the overall ability of humans by allowing a greater number of humans to be given the (intellectual) tools necessary (in agreence with Rene Descartes theory of obtaining “new knowledge” to improve upon previously held inclinations or even create new ones in order to increase efficiency or another set of reasons one might alter their natural inclinations. With that being said, general education is a tool that, when used properly, can be used to increase the overall ability of humans by means of increased intellectual ability.
The family has a very low budget on containers, and are paying for services for three months, with the help of low income residents find the one that is the cheapest option of additional containers please note the resident is looking for two recycle bins or more and 1 trash bin find a unique cheap way to find how the resident can afford the bill for three months,
trash is $20.38 - they pay for 3 months (for servicing add them all up)
and for recycle is $11.70
How many containers do you recommend for a 6-5 people family who produces a lot of trash every single day and has overflowing containers which we need more containers what do you think? The price for 96 gallon containers are...
trash is $20.38 - we pay for 3 months (for servicing add them all up)
and for recycle is $11.70
Answers
Answer:
Read explanation
Explanation:
To find the cheapest option for the resident, we can calculate the cost of additional containers for a 6-5 person family who produces a lot of trash each day. We will use the rate of $20.38 for three months of trash service and the rate of $11.70 for three months of recycle service.
The cost of buying 96-gallon trash containers is $74.00 each, which is a one-time cost. If two additional trash containers are needed, the total cost would be $74 + $74 = $148.
The cost for three months of trash and recycle service is $20.38 + $11.70 + $20.38 + $11.70 + $20.38 + $11.70 = $106.24
So, the total cost for two additional trash containers and three months of trash and recycle service is $148 + $106.24 = $254.24.
If the resident's family can afford the one-time cost of two additional trash containers, it would be more cost-effective than renting additional trash or recycle containers for three months. If the cost is not within the family's budget, additional trash or recycle containers can be rented for three months. However, renting will cost more in the long run, since the family would have to continue paying for the rental service after the three months are up.
I would recommend two additional trash containers and three months of trash and recycle service, if it fits within the family's budget. If not, renting one additional trash and/or recycle container for three months could be a more affordable option.
investors come in all shapes and sizes. some may only be looking for someone to find them deals. others may want someone to show properties and submit offers. what question should you ask to determine what type of investor you're working with?
Answers
Investors come in a variety of forms and sizes. Some people might merely want someone to help them find offers. Others might require someone to submit offers and show them properties. What do you require of me?
Which kind of question asking to investor ?A business lease should specify the period and kind of the agreement, the type of rent to be paid, the amount of the security deposit, the terms governing permitted and exclusive usage, and information regarding repairs and maintenance.
You have a duty of fiduciary care to your client as their agent. Loyalty, due care and expertise, secrecy, accountability, and disclosure are a few of them.Probably the most fundamental and significant component of every lease is the rent structure.
By understanding how much you will spend each month and how much your rent will increase each year, you may more precisely develop budgets and assess whether you can continue operating in this new location. not wanting to talk about a purchase, rental, or lease. denying the presence of housing or an apartment that is actually available for viewing, purchase, or rental.
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the most important control over the existence, completeness, and valuation of cash balances______
Answers
The most important control over the existence, completeness, and valuation of cash balances is the establishment and maintenance of a robust internal control system.
This system includes segregation of duties, regular reconciliations, and proper documentation.
Segregation of duties ensures that different individuals are responsible for separate aspects of cash management, such as handling cash receipts, making disbursements, and reconciling balances. This reduces the risk of errors and fraud by creating a system of checks and balances.
Regular reconciliations involve comparing recorded cash balances with bank statements to identify and resolve discrepancies. This process ensures that cash transactions are accurately recorded and that the company's financial statements reflect the correct cash position.
Proper documentation, such as maintaining detailed records of cash transactions, is essential for maintaining accurate cash balances. This includes keeping receipts, invoices, and bank statements to support cash transactions, which can be reviewed and audited if necessary.
In summary, a strong internal control system is the key to ensuring the existence, completeness, and valuation of cash balances. By implementing segregation of duties, regular reconciliations, and maintaining proper documentation, a company can mitigate the risks associated with cash management and maintain the accuracy of its financial statements.
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why is it important for a job applicant to identify his or her transferable skills?
Answers
It is important for a job applicant to identify their transferable skills because these skills can be applied across different industries and roles, increasing their versatility and marketability in the job market.
Transferable skills are abilities and qualities that can be utilized in various settings and job roles. They are not specific to a particular job or industry, but rather can be transferred and applied effectively in different contexts. Identifying one's transferable skills is crucial for several reasons.
Firstly, by recognizing and highlighting their transferable skills, job applicants can demonstrate their adaptability and versatility to potential employers. This can make them more appealing candidates, as employers are often looking for individuals who can quickly learn and contribute in new environments.
Secondly, transferable skills enable job seekers to explore opportunities beyond their current field or industry. If a particular industry is experiencing a downturn or limited job prospects, being aware of transferable skills opens up the possibility of transitioning into a different sector where those skills are in demand. This flexibility increases the chances of finding suitable employment and career growth.
Lastly, identifying transferable skills allows job applicants to effectively communicate their value to employers. By aligning their transferable skills with the requirements of the job, candidates can demonstrate how their existing abilities can contribute to the success of the organization, even if they lack direct experience in the specific role.
In conclusion, identifying transferable skills empowers job applicants by showcasing their adaptability, expanding their career options, and effectively conveying their value to potential employers.
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Shelf registration is more often used for the
Multiple Choice
A) issue of common stock.
B) issue of convertible securities.
C) issue of corporate bonds.
D) issue of warrants.
Answers
Shelf registration is more often used for the C) issue of corporate bonds.
Shelf registration is a process that allows a company to register the security with the Securities and Exchange Commission (SEC) and have it "on the shelf," or available for issuance, for up to three years. The company can then issue the securities as needed, without having to go through the entire registration process again. While shelf registration can be used for both stocks and bonds, it is more often used for the issue of corporate bonds. This is because corporate bonds are typically issued in larger amounts and at a slower pace than stocks. By using shelf registration for bonds, companies can have greater flexibility and be more responsive to market conditions when issuing debt securities. Additionally, the ability to quickly issue bonds when market conditions are favorable can allow companies to raise capital more efficiently and at a lower cost.
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The value of a share of common stock depends on the cash flows it is expected to provide, and those flows consist of the dividends the investor receives each year while holding the stock and the price the investor receives when the stock is sold. The final price includes the original price paid plus an expected capital gain. The actions of the marginal investor determine the equilibrium stock price. Market equilibrium occurs when the stock's price is -Select- its intrinsic value. If the stock market is reasonably efficient, differences between the stock price and intrinsic value should not be very large and they should not persist for very long. When investing in common stocks, an investor's goal is to purchase stocks that are undervalued (the price is -Select- the stock's intrinsic value) and avoid stocks that are overvalued. The value of a stock today can be calculated as the present value of -Select- stream of dividends:
Answers
Answer:
marginal investor
equal
less
infinite
Explanation:
the value of a stock depends on the sum of the value of the dividend yield and capital gains yield
dividend yield = dividend / price of the stock
capital gains yield is a change in the value of the stock as a result of appreciation in the value of the stock.
The intrinsic value of a stock can be calculated using various dividend models. some of them include :
The Gordon constant growth dividend model The two stage dividend growth model The H-model The three stage dividend growth modelThe market is in equilibrium when price equal intrinsic value
a stock is undervalued when the price of the stock is less than its intrinsic value
A stock is overvalued when the price of the stock is greater than its intrinsic value.
An investor would want to purchase a stock that is undervalued so that they can take advantage of increase in the value of the stock
Th dividend used to calculate the intrinsic value is infinite. This is because dividends are paid infinitely as long as the investor holds the stock and the company exists
Some countries' philosophy of financial reporting differs from GAAP because their financial reports are required to conform to tax law.true/false
Answers
The given statement "Some countries' philosophy of financial reporting differs from GAAP because their financial reports are required to conform to tax law." is true because some countries have financial reporting requirements that differ from generally accepted accounting principles (GAAP) because their financial reports are required to conform to tax laws.
In these countries, financial statements must comply with tax regulations, which may differ from GAAP. This is particularly true for countries that have a tax-based system of accounting, where the tax rules determine the timing and recognition of revenues and expenses. As a result, financial reports prepared in these countries may have significant differences from those prepared under GAAP.
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Explain the differences between a partnership and a corporation
Answers
what is the difference of communism and socialism?
Answers
For socialism there is limited Private owner ship, government and private entities,Limited class distinctions and production for societal needs .
What important determinant of leadership became the focus of leadership theories after the behavioral studies?
Answers
The situation is the important determinant of leadership which became the focus of leadership theories after the behavioral studies.
Researchers using the features and behavioral attitudes pointed out that effective leadership pivots on several variables, like institutional culture and aura and acolyte effects. No one feature was common to all effective leaders. No one type was successful in all situations.
That is why , researchers started trying to recognize those elements in each situation that influenced the effectiveness of a selected leadership style. The eventuality approach to leadership is the outlook that the leadership style mostly contribute to the achievement of organizational goals, It might differ in different situations.
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A company typically makes a net profit of approximately 20% of its net sales. If sales were $100,000 and sales discounts were $5,000, how much was net profit?
Answers
The net profit will be 20% of $25,000, which is $5,000.
Net profit is the difference between gross profit and expenses. It is an indicator of how much money a company has earned after accounting for all expenses and taxes. A company's net profit is typically about 20% of its net sales. This means that the company makes a profit of 20 cents for every dollar of sales it generates.
If the company's sales are $100,000, the net profit will be 20% of the sales, which is $20,000.Gross profit is calculated by subtracting the cost of goods sold from net sales. Net sales are the total sales of a company minus any discounts, returns, or allowances.
In this case, sales discounts were $5,000, which means that net sales were $100,000 - $5,000 = $95,000.
To calculate net profit, we need to first calculate gross profit.
Assuming that the cost of goods sold was $70,000, the gross profit will be $95,000 - $70,000 = $25,000.
Therefore, the net profit will be 20% of $25,000, which is $5,000.
Therefore, the net profit for the company will be $5,000.
If a company's sales are higher or lower than $100,000, the net profit will also be higher or lower accordingly. The net profit margin is an important financial metric as it shows how efficiently a company is using its resources to generate profits. It is also used by investors to evaluate a company's profitability and growth potential.
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Regardless of whether the traditional view of the total cost of quality or the zero defects view of the total cost of quality is taken, which of the following is correct?
a. As the defect level increases, the prevention cost increases.
b. As the defect level increases, the appraisal cost increases.
c. As the defect level decreases, the failure costs increase.
d. As the defect level increases, the failure costs increase.
Answers
d. As the defect level increases, the failure costs increase. According to the conventional understanding of the total cost of quality, which takes into account prevention, appraisal, and failure costs,
the cost of failure rises as the defect level does since more rework, scrap, warranty claims, and unhappy customers cost more money. The focus is on eliminating defects entirely through prevention in the zero defects view of the total cost of quality, and as the defect level rises, so does the cost of failure. Contrarily, prevention costs and evaluation costs are sometimes seen as fixed expenses that are unaffected by the severity of problems. Costs associated with preventing defects through quality planning, process design, and training are known as prevention costs, whereas expenses associated with analyzing and monitoring goods and processes are known as appraisal costs.
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first person get brianlyeist
Answers
Answer:
yay
Explanation:
China's growth rate has___
that of most other countries,___
A. topped, but its real GDP per person declined in 2008–2009.
B. lagged behind, and its real GDP is close to other Asian economies
C. lagged behind; but its real GDP per person is higher than other Asian economies
D. equalled, and its real GDP per person declined in 2008-2009.
E. topped, but its real GDP per person is still lower than other industrialized countries
Answers
Answer: E. topped, but its real GDP per person is still lower than other industrialized countries
Explanation:
China has seen consistent growth for much of the past 20 years which has enabled them to topped the growth rate of most other countries.
Their real GDP per person however, is still lower than other industrialized nations like the U.S. and U.K.
This is due to their large population - largest in the world - making their GDP per person appear smaller despite them having a very substantial real GDP.
What might you tell her about career resources and their importance in career selection?
Answers
Answer:
I would like to tell her that it is good that she has chosen her career but there is no harm in taking the help of the career resources as it will clarify her path and clear her conflicts if any. Moreover, it can help in her career selection and give her some ideas of the pros and the cons of the field she is choosing. Taking assistance of the resources can give major idea of the experiences and the instances from other’s life and can influence her decision in the positive way.
Explanation:
edge
I can't take pictures of my work?need help.
Answers
Answer:
What are you using to take pictures of your work?
Explanation:
If you are using your phone, you can take a regular picture of your work and then email it to your computer.Then download it to your files and upload it where needed.
If you are using computer, go to camera app and take picture. then download it to your files and upload it where you need to
I NEED HELP ASAP!
Formulate reasons as to why both savers and borrowers may prefer indirect financing to direct financing
Answers
By enabling diversification, specialisation, liquidity, cost-effectiveness, and regulatory protection, indirect financing can be advantageous to both savers and borrowers.
Why do borrowers and savers favour indirect financing?Because banks can charge lower interest rates than private investors and because there are typically more investors interested in buying bonds than in lending money directly to businesses, indirect finance has the major benefit of making it more affordable for businesses to borrow money.
In indirect finance, how are savers and borrowers related?A financial intermediary accomplishes this by borrowing money from savers and lenders, and using that money to lend to spenders and borrowers.
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Which of the following best illustrates a SMART (Specific, Measurable, Achievable, Realistic, Time Frame) goal
Answers
SMART (Specific, Measurable, Achievable, Realistic, Time Frame) goal illustrates I will eat my meals on time and limit myself to one snack daily.
What are the 5 smart goals?There's a S.M.A.R.T. technique to design management goals and objectives, according to George Doran, Arthur Miller, and James Cunningham's 1981 article.
The letters SMART stand for Specific, Measurable, Achievable, Relevant, and Time-Bound in the acronym SMART goals. Setting these limits in relation to your goal will help to ensure that your goals can be completed within the allotted time.
The Corporate Finance Institute claims that SMART goals, which are specific, measurable, attainable, realistic, and timely, "put you up for success." You are motivated, given a sense of direction, and assisted in organizing and achieving your goals via the SMART method.
Success is more likely with SMART goals. To finish tasks and enhance procedures, use SMART goals at work.
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The complete question is:
Which of the following best illustrates a SMART (Specific, Measurable, Achievable, Realistic, Time Frame) goal
I will eat my meals on time and limit myself to one snack daily.
I will not eat my meals on time and limit myself to one snack daily.
I will eat my meals on time and not limit myself to one snack daily.
I will not eat my meals on time and not limit myself to one snack daily.
janos corporation, which has only one product, has provided the following data concerning its most recent month of operations: selling price $ 111 units in beginning inventory 300 units produced 2,000 units sold 2,200 units in ending inventory 100 variable costs per unit: direct materials $ 29 direct labor $ 30 variable manufacturing overhead $ 4 variable selling and administrative expense $ 9 fixed costs: fixed manufacturing overhead $ 34,000 fixed selling and administrative expense $ 39,600 the company produces the same number of units every month, although the sales in units vary from month to month. the company's variable costs per unit and total fixed costs have been constant from month to month. what is the unit product cost for the month under absorption costing? multiple choice $80 per unit $72 per unit $63 per unit $89 per unit
Answers
The unit product cost for the month under variable costing is $72 per unit.
What is the unit product cost?To calculate the unit product cost under variable costing, we need to consider only the variable costs associated with producing the 2,000 units that were manufactured during the month.
Variable costs per unit:
Direct materials = $29
Direct labor = $30
Variable manufacturing overhead = $4
Variable selling and administrative expense = $9
Total variable cost per unit = $29 + $30 + $4 + $9 = $72
Therefore, the unit product cost for the month under variable costing is $72 per unit.
The answer is (C) $72.
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in a monopoly where the marginal revenue and price are, respectively, given by $3 and $6, the price elasticity of demand is multiple choiceA. −1.5. B. −0.5.C. −1.D. −2.
Answers
To determine the price elasticity of demand, we need to use the formula: Price Elasticity of Demand = (% change in quantity demanded) / (% change in price) Price Elasticity of Demand = -2/1. Correct answer is option D
Given that the marginal revenue (MR) is $3 and the price is $6, we know that MR = Price * (1 + 1/Price Elasticity of Demand). Let's plug in the values we have: $3 = $6 * (1 + 1/Price Elasticity of Demand)
Simplifying the equation, we have: 1/2 = 1 + 1/Price Elasticity of Demand Rearranging the equation, we get: 1/Price Elasticity of Demand = 1/2 - 1 1/Price Elasticity of Demand = -1/2
Now, we can find the reciprocal of both sides to get the Price Elasticity of Demand: Price Elasticity of Demand = -2/1
Therefore, the correct answer is D. The price elasticity of demand in this monopoly is -2. This means that a 1% increase in price would result in a 2% decrease in quantity demanded, and vice versa.
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the principal of a mortgage loan is the
a. down payment minus the closing costs minus the purchase price
b. purchase price plus the closing costs minus the down payment
c. down payment plus the closing costs plus the down payment
d. purchase price minus the closing costs minus the down payment
Answers
The down payment less the closing charges less the purchase price is the mortgage loan's principle.
What does a mortgage look like in its simplest form?When you enter into a mortgage with a lender, you give the lender the right to seize the property if they are unable to make the loan amount back plus the interest. You might be able to get a mortgage loan that will enable you buy a new house using the worth of the an existing home as security.
Why do individuals use mortgages?Mortgage loans assist people in financing the purchase of real estate by taking a small portion of the property's overall worth as payment. How Do Mortgages Work A mortgage is a loan used to pay for the upkeep of a home, piece of land, or other kinds of rental properties.
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On january 1, you sold short one round lot (that is, 100 shares) of lowe's stock at $21 per share. on march 1, a dividend of $2 per share was paid. on april 1, you covered the short sale by buying the stock at a price of $15 per share. you paid 50 cents per share in commissions for each transaction.
a. what is the value of the account on April 1st?
Answers
Answer:
Value of the account on April 1st = $300
Explanation:
Given:
Number of shares = 100
Buy back price = $15
Dividend per share = $2
Commission per share = $0.50
Price of each share = $21
Computation:
Proceed price = (21x100)-(0.50x100)
Proceed price = $2,050
Dividend = 2x100
Dividend = $200
Buy back price = (15x100)+(0.50x100)
Buy back price = $1,550
Value of the account on April 1st = $2050 - $200 - $1550
Value of the account on April 1st = $300
A demand loan for $6691.33 with interest at 7.2% compounded quarterly is repaid after 6 years, 4 months. What is the amount of interest paid?
The amount of interest is $
(Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed)
Answers
A demand loan for $6691.33 with interest at 7.2% compounded quarterly is repaid after 6 years, 4 months. The amount of interest paid is $3,746.12.
To calculate the amount of interest paid, we can use the formula for compound interest: A = P(1 + r/n)^(nt)
Where:
A = the final amount (loan + interest)
P = the principal amount (loan)
r = interest rate per period
n = number of compounding periods per year
t = number of years
Given:
Principal amount (P) = $6691.33
Interest rate (r) = 7.2% = 0.072 (expressed as a decimal)
Number of compounding periods per year (n) = 4 (quarterly compounding)
Number of years (t) = 6 years + 4 months = 6.33 years
Substituting these values into the formula, we can calculate the final amount (A):A = $6691.33(1 + 0.072/4)^(4*6.33)
A ≈ $10,437.45
To find the amount of interest paid, we subtract the principal amount from the final amount:
Interest = A - P = $10,437.45 - $6691.33 = $3,746.12
Therefore, the amount of interest paid is $3,746.12.
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if you deposit $100 into a savings account which compound interest every month at a 5 % yearly interest rate, what is the expression for the amount of
Answers
The interest earned after two years $70.28177.
This is the foremost basic variety of account you'll be able to open at any bank. A savings account, by definition, permits you to deposit your cash, safe with the bank, thus you do not have to be compelled to carry it around with you or hide it in this rusty recent steel safe reception. don't fret, you'll be able to withdraw these funds after you want them.
The interest rate is that the quantity a loaner charges a receiver and could be a share of the principal—the quantity loaned. The charge per unit on a loan is usually noted on an annual basis referred to as the annual share rate (APR).
The question is incomplete, find the complete question here
if you deposit $100 into a savings account which compound interest every month at a 5 % yearly interest rate, what is the expression for the amount of the interest earned after two years?
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Given the 2020 recession, what should be the goal of monetary policy? Should the Fed enact expansionary or contractionary policy? In other words, should the Fed increase the money supply/credit supply or decrease the money/credit supply. Explain what they might do to achieve their goal.
Answers
Answer:
Expansionary monetary policies
Explanation:
A recession is characterized by reduced economic activities, a high unemployment rate, and low business incomes. The economy experiences a reduced demand for products and services, leading to low production and a slow economic growth rate.
In a recession like in 2020, the Fed should employ measures that will stimulate economic growth. The appropriate measures are the expansionary monetary policies. These policies seek to increase liquidity in the market, thereby increasing the aggregate demand. Expansionary monetary policies increase the money supply in the economy; they include a reduction in the reserve requirement, reduction in the discount rate, and open market purchases.
"Which of the following is NOT correct? Group of answer choices Roadrailers are considered a multimodal solution when all of their capabilities are utilized. Packaging is a logistics activity. The difference between a contract carrier and a common carrier is that the common carrier handles shipments on a case-by-case basis while the contract carrier handles shipments based on long term contracts. Assortment warehousing is a form of warehousing that combines classic operations with light manufacturing and packaging duties in order to assure short customer lead times."
Answers
Answer:
Assortment warehousing is a form of warehousing that combines classic operations with light manufacturing and packaging duties in order to assure short customer lead times.
Explanation:
Warehousing
This have different points of view. The traditional view about warehousing is that it is a place used in for storage or holding of goods/ inventory
The contemporary opinion about warehousing is that it is has function set in place to mix inventory assortments to meet the need of customer. It deals with the storage of products which is held to a minimum.
Warehousing types
This includes;
1. Distribution centers
2. Consolidated terminals
3. Break-bulk facilities
4. Cross-dockers
assortment warehousing
This is a known form of warehousing. It consists of when different type of goods is held close to the source of demand in order to assure short customer lead time.
Seema is heading into her junior year of high school and received a large financial gift from her grandmother. She kind of wants to buy some new clothes, but she has a financial goal of saving for her college education, but she also wants to be able to buy a used car to get her to and from campus. What should Seema do with the money she's received?
Answers
Based on the given information Seema should deposit the money into a savings account.
What is savings account?A savings account is an account that allow a person to save while you earn an interest on the saved amount.
Since she has a financial goal of saving for her college education the best choice is for her to open a saving account and deposit the money given to her by her grandmother into the saving account as this will help her to achieve her set goal.
Inconclusion Seema should deposit the money into a savings account.
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