Expert Answers

1. Alocal supermarket in Macau wants to set up a new distributioncenter. The following table shows the locations of the existingbranches (in terms of coordinates) and the corresponding weeklydelivery. What is the location of the new distribution center whichcan minimize the overall delivery cost? (2 marks)

1-What is the main benefit of a project’s risk responseimplementation process?

2-What should be done when a risk warning or trigger isactivated?

3- In your capacity as Project Manager, you review Projectreserves as risks occur, disappear, or remain pending. What is thepurpose of this review?

1. Makalani Trade buys fertiliser in 20kg bags which it resellsto their clients. The annual usage is 4950 bags, set-up(ordering)cost is 7$ per bag and the carrying/holding costs are 25$ per year.They work for 260 days per year

Determine:

i. the economic order quantity

ii. the average numbefr of bags on hand

iii. the number of orders per year

iv. the length of the ordering cycle

v. the total annual inventory costs

vi. if the ordering costs increase to $8.50, what will theeffect be on the total annual inventory costs?

2. A Tiger Wheel and Tyre franchise has forecast that it willsell 28800 4x4 tyres during the next year. the annual holding costsis expected to be $48 and ordering cost $225. the franchiseoperates 288 days per year. Task:

a. Determine the optimal EOQ

b. Determine the number of times that the franchise will have toreoder per year.

c. Determine the length of the order cycle

d. Determine the total annual cost.

1) Make a list of as many types of integrated marketingcommunication tools that AMC has used in the past to promote thisprogram as you can find.

2)Suggest your own media plan that includes a pie chart showingpercent of total budget for each media category and a table showingeach of your media choices, total cost for each, and totalanticipated audience reach and frequency (separately). Provide anarrative defense for your choices. You must include at least fivedifferent media and no more than eight.

1-If you were the manager of a luxury hotel with 300 rooms anddifferent types of restaurants, what functionalities would you wantfrom the PMS? Give examples for the integration between the PMS andthree other IT systems.

2-Give examples of other channels that you will use to sell thehotel and how the PMS will help you to manage those channels?

1- You are the manager of a project and your team informs youthat it has found a way to complete the work for the Project at alower cost than originally planned. The Project Team introduces newsoftware that will help automate the work. Although the softwareand its associated training cost $25,000, they will save theProject almost $65,000 in total final costs. Therefore, you agreeto procure the software and you approve the changes to the ProjectManagement Plan. What risk management strategy has been used inthis case?

2- You lead a project in an earthquake-prone area. As part ofthe Project plan, the possibility of an earthquake is recognized.This could damage deliverables, delay the schedule, and increasethe total cost of the Project. However, you continue to plan theProject without identifying a specific risk response action. Whatkind of strategy are you applying?

3- You have identified a Project risk that could generateoccupational accidents to team members, so you hire a professionalprovider to complete that part of the Project. What kind of riskresponse strategy are you applying?

1.What can managers do to create a save and healthy workenvironment in their organisations. Base your answer also on thetheory of organizing. 2.Can an organised work environment decreasestress? Motivate your answer. 3.What can employees do to improvetheir work environment and be more productive? 4.Explain the impactof centralization of authority and decentralization of authority oncreating a healthy work environment.