I believe that we recently did a review of cost and some options on our operations. I recall that was on the effectiveness of our operations.
4a. What are measures of effectiveness?
4b. If you can get that analysis, then can you make a diagram of the basic analytic results? [Aside: Obviously the CEO is looking for more than a yes or no answer, yes?]
4c. Given the options, which option do you recommend that we target for?
4d. Why did you chose this recommendation?
You check around and find the following information on the work mentioned by the CEO. Seven options had been analyzed.
|
Option |
Projected Cost |
Projected Effectiveness (0 to 5. 5 is highest) |
||
|
A |
$250,000 |
2.5 |
||
|
B |
$395,000 |
2.7 |
||
|
C |
$490,000 |
2.5 |
||
|
D |
$395,000 |
4.0 |
||
|
E |
$110,000 |
4.4 |
||
|
F |
$100,000 |
2.9 |
||
|
G |
$200,000 |
4.9 |
||
|
** For our current analytical purposes, we can use this one simplified “overall MOEâ€. For pour purposes we do not need to be more specific. Although in the real world the MOE might be — say – speed or load carrying capacity or light intensity. ** Depending upon your work experience, the projected costs might seem low for an ongoing manufacturing operation. Then again if you worked for a small organization the $100,000 might be seen as “super big bucksâ€. In any case. the thought process is essentially the same regardless of the figures. So, we are (usually?) happy to use smaller, more manageable numbers. |
||||
"Looking for a Similar Assignment? Get Expert Help at an Amazing Discount!"
