Ashford U BUS 461 / BUS461 Class Answers
BUS461 / BUS 461 / WEEK 2 QUIZ
BUS 461 Week 2 Quiz
BUS461 / BUS 461 / WEEK 3 DQ 1
Week 3 DQ 1
You have been asked to fill-in for your boss this week. Your boss’s assistant informs you that he had scheduled an engagement to teach a group of students at the local University about PERT/CPM approach to project scheduling and has asked that you do it instead. In an initial write-up for the presentation, discuss the key elements of PERT/CPM to include (but not limited to) assumptions, how it works, and expected outcomes.
BUS461 / BUS 461 / WEEK 3 DQ 2
Week 3 DQ 2
Ajax is about to embark on a project involving the design, manufacture and introduction of a new microwave oven. The first three activities and the immediate predecessors are:
Activity Predecessor:
A) Prototype Design none
B) Acquisition of Materials
C) Prototype Construction
However, it has not yet been decided whether the prototype materials will be purchased from a vendor (taking two weeks) or produced in another Ajax division (four weeks). What are the implications of this regarding usage of any standard project scheduling technique?
BUS461 / BUS 461 / WEEK 4 QUIZ
BUS 461 Week 4 Quiz
BUS461 / BUS 461 / WEEK 4 DQ 1
Week 4 DQ 1
Many real-world decision problems consist of a sequence of dependent decisions. Develop a scenario that has a series/sequence of activities applicable to a “Decision Tree” type analysis. Explain why the scenario you selected is applicable. Also identify and explain critical factors that should be consider. Are there any risks in your scenario?
BUS461 / BUS 461 / WEEK 4 DQ 2
Week 4 DQ 2
Compare and contrast the stationary forecasting model approach with that of a time series forecasting approach. Identify and explain key factors that are relevant in the selection of a specific approach.
BUS461 / BUS 461 / WEEK 5 DQ 1
Week 5 DQ 1
In today’s fast-paced environment, individuals are continually trying to do more with the same limited time constraints. In a retail store like Wal-Mart, explain how components of queuing systems can influence customer satisfaction or dissatisfaction. How might the queuing process positively or negatively impact customer loyalty?
BUS461 / BUS 461 / WEEK 5 DQ 2
Week 5 DQ 2
Under what conditions would you choose to use a simulation model? What is the simulation process? Explain the pros and cons of using simulation modeling.
BUS461 / BUS 461 / WEEK 5 FINAL ASSIGNMENT
Submit a 6-8 page paper on one of the major topics listed below. Incorporate at least two related articles/sources of your choice:
Linear and Integer Programming Modeling
Network Modeling
Project Scheduling Modeling
Time Series Forecasting
Inventory
Queuing Modeling
Simulation Modeling
The paper must (a) identify the main issues in the chosen area, (b) apply and reference new learning that has occurred, (c) build upon class activities or incidents that facilitated learning and understanding, and (d) present specific current and/or future applications and relevance to the workplace. The emphasis of the paper should be on modeling application, outcomes, and new learning.