Question: P 1 . Process Improvement Project OMG Consulting was engaged to complete a process improvement project for their favorite client, Wear A Mask ( WAM

P1. Process Improvement Project OMG Consulting was engaged to complete a process improvement project for their favorite client, Wear A Mask (WAM) Co. The activities, time requirements, and direct cost considerations are indicated below. In addition, indirect costs (overhead) are \(\$ 2,000\) per week. Because WAM Co. is under time pressure to increase productivity, there is a penalty of \(\$ 3,000\) per week for every week the project extends beyond 8 weeks. The project duration is weeks and cost \(\$ \)(do NOT use commas).P2. Innovation Project OMG Consulting was engaged to complete an innovation project for their favorite client, Wear A Mask (WAM) Co. The activities, time requirements, and direct cost considerations are indicated below. In addition, indirect costs (overhead) are \(\$ 1,000\) per week. Because WAM Co. is under time pressure to increase innovation, there is a penalty of \(\$ 2,000\) per week for every week the project extends beyond 6 weeks. The minimum cost schedule is weeks (enter response as integer).P3. Quality Control Project OMG Consulting was engaged to complete a quality control project for their favorite client, Wear A Mask (WAM) Co. The activities, time requirements, and direct cost considerations are indicated below. In addition, indirect costs (overhead) are \(\$ 2,000\) per week. Because WAM Co. is under time pressure to improve quality, there is a penalty of \(\$ 3,000\) per week for every week the project extends beyond 14 weeks. The minimum cost schedule resulted in saving \(\$ \)(enter response as integer).

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!