A ____ is a collaboration tool that can provide a central repository for project information and can capture the efforts of team members into a managed content environment

a. groupware
b. document management system
c. group decision support system
d. collaborative web workspace


b

Business

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When a bottleneck occurs between two products, the company must determine the contribution margin for each product and manufacture the product that has the highest contribution margin per bottleneck hour

Indicate whether the statement is true or false

Business

The projected cost of all of the project’s activities ______.

a. is typically reported in the company’s balance sheet b. is known as the baseline budget c. is typically mentioned in the annual report d. is reported as a line item in the income tax filing with the government

Business

Which of the following is an important part of the business description?

a. Establishing the purpose and scope of the simulation model b. Analyzing the results and generating recommendations c. Designing alternative scenarios d. All of the above

Business

How many order per year will they place?

A company distributes repair parts for high-end appliances. The annual demand is 81,000 and the company operates 300 days per year. The annual carrying cost is 20% of the item cost, which is $500. The ordering cost is estimated at $60 and the shortage cost is $150.

Business