StudentShare solutions
Got a tricky question? Receive an answer from students like you! Try us!

Essay example - Quantitative Applications

Pages 8 (2008 words)
Download 0
(b) Importance of planning and control: The project planning and design is important in order to meet the end user requirements, as well as satisfy the project sponsor and business needs. It is done to ensure that it has the level of quality, functions as required and functions well within the given constraints…

Extract of sample

(c) A project plan was constructed and the network was designed for designing, writing and installing a bespoke computer database. The critical path and the shortest time to completion is identified as follows:
= Contract negotiation User discussions Review current system Systems analysis (a) Systems analysis (b) Programming Preliminary testing Documentation preparation Implementation Debugging Manual.
(d) This project can be controlled by monitoring and controlling the critical activities and reducing lead time on the other activities which do not contribute towards the critical path. The important activities that need monitoring and control may be the Systems analysis, programming, testing, documentation, implementation and debugging.
(a) The main advantages of holding an inventory are that losses due to unexpected changes in demand and deliveries from suppliers can be avoided and it is a safety net against backorders. The main disadvantages of holding inventory are the increased holding costs incurred due to higher rental value of the space occupied, higher premiums, the danger of the inventory losing its value or becoming obsolete and the loss of money in opportunity costs.
The assumptions made are that the demand rate is known and it is uniform (constant), the ordering cost is constant, quantity discounts do not exist, the p ...
Download paper
Not exactly what you need?

Related papers

qualitative versus quantitative research in medical anthropology and medical sociology
Qualitative and quantitative methods' versatility can be analysed from the fact that "in recent years specialisations such as medical anthropology and medical sociology have relied heavily on qualitative methods to explore issues relating to health and illness, from the micro-context of the hospital ward or clinic through to the broader socio cultural context". (Darlington, 2002, p. 3) Qualitative…
8 pages (2008 words)
Quantitative tools Essay
This clearly shows that these airline staffs are not motivated at their work place. In psychology, motivation is refers to the initiation, direction, intensity and persistence of behavior. It is a temporal and dynamic state that should not be confused with personality or emotion. Motivation is having the encouragement to do something. A motivated person can be reaching for a long-term goal. (Deci…
2 pages (502 words)
Quantitative tools
The main problems in relation to the staff and reservations managers in particular, that the company does not have good relations with its unions, which is very important, as unions serve a kind of legal protection of managers' rights. Another problem is that employees complain about the lack of voice and the lack of professional training, which is also essential for the improvement of their job…
2 pages (502 words)
Systematic Measurement Error with State- Level Crime Data: Evidence From the More Guns Less Crime Debate
f. Type of Statistical analysis: They used the comparison of County Level data for Alaska,1984, the number and direction of UCR and MGLC differences. They even used the correlation of States and differences of UCR and MGLC Mean Logged Crime Rates.
2 pages (502 words)
Quantitative Research
There are many different research designs that can be used by individuals asking research questions in LIS contexts, all of which provide credible evidence for improving practice. Qualitative approaches have been used in library and information settings to assess patron perceptions about library services, to examine the effectiveness of information literacy strategies and to address a host of…
Quantitative Nursing Research Report Analysis
569, Background section).…
7 pages (1757 words)