Make or buy decisions are usually made during the _____ phase of a project.A.ConceptualB.D
Make or buy decisions are usually made during the _____ phase of a project.
A.Conceptual
B.Development.
C.Implementation
D.Execution
E.Close-out
Make or buy decisions are usually made during the _____ phase of a project.
A.Conceptual
B.Development.
C.Implementation
D.Execution
E.Close-out
Which is not a consideration in a make or buy decision?
A Cost factors (least cost alternatives)
B Competitors' method of sourcing
C Existence of sufficient administration/technical personnel
D Political and social factors
E None of the above.
The "buy or make" decision is usually made during the:
A acquisition cycle
B contract evaluation cycle
C requirements cycle
D pre-award cycle
E at any time that is convenient for the project manager
21 The "buy or make" decision is usually made during the:
A. acquisition cycle
B. contract evaluation cycle
C. requirements cycle
D. pre-award cycle
E. at any time that is convenient for the project manager
______, the next problem was how to make a good plan.
A.Having made the decision
B.Has the decision been made
C.The decision having been made
D.The decision has been made
I don't mind ______ the decision as long as it is not too late.
A.you to delay making
B.your delaying making
C.your delaying to make
D.you delay to make
He regretted _______the decision too hastily. A. make B. to make C. making D. have maked
A.take it away
B.give a way
C.make a decision
A.closely
B.close
C.nearly
D.near
The following scenario relates to questions 1–5.
Mylo runs a cafeteria situated on the ground floor of a large corporate office block. Each of the five floors of the building are occupied and there are in total 1,240 employees.
Mylo sells lunches and snacks in the cafeteria. The lunch menu is freshly prepared each morning and Mylo has to decide how many meals to make each day. As the office block is located in the city centre, there are several other places situated around the building where staff can buy their lunch, so the level of demand for lunches in the cafeteria is uncertain.
Mylo has analysed daily sales over the previous six months and established four possible demand levels and their associated probabilities. He has produced the following payoff table to show the daily profits which could be earned from the lunch sales in the cafeteria:
If Mylo adopts a maximin approach to decision-making, which daily supply level will he choose?
A.450 lunches
B.620 lunches
C.775 lunches
D.960 lunches
If Mylo adopts a minimax regret approach to decision-making, which daily supply level will he choose?
A.450 lunches
B.620 lunches
C.775 lunches
D.960 lunches
The human resources department has offered to undertake some research to help Mylo to predict the number of employees who will require lunch in the cafeteria each day. This information will allow Mylo to prepare an accurate number of lunches each day.
What is the maximum amount which Mylo would be willing to pay for this information (to the nearest whole $)?
A.$191
B.$359
C.$478
D.$175
Which of the following statements is/are true if Mylo chooses to use expected values to assist in his decision-making regarding the number of lunches to be provided?
(1) Mylo would be considered to be taking a defensive and conservative approach to his decision
(2) Expected values will ignore any variability which could occur across the range of possible outcomes
(3) Expected values will not take into account the likelihood of the different outcomes occurring
(4) Expected values can be applied by Mylo as he is evaluating a decision which occurs many times over
A.1, 2 and 3
B.2 and 4
C.1 and 3 only
D.4 only
Mylo is now considering investing in a speciality coffee machine. He has estimated the following daily results for the new machine: Which of the following statements are true regarding the sensitivity of this investment?
(1) The investment is more sensitive to a change in sales volume than sales price
(2) If variable costs increase by 44% the investment will make a loss
(3) The investment’s sensitivity to incremental fixed costs is 550%
(4) The margin of safety is 84·6%
A.1, 2 and 3
B.2 and 4
C.1, 3 and 4
D.3 and 4 only
请帮忙给出每个问题的正确答案和分析,谢谢!
188 The most difficult decision for the executive sponsors to make at the end-of-phase review meeting is:
A. Budget allocations for the next phase.
B. Authorizing scope changes for the next phase.
C. Authorizing budget increases for the next phase based upon scope changes.
D. Canceling the project.
E. All of the above