Question

Process Improvement Project OMG Consulting was engaged to complete a process improvement project for their favorite client, Wear A Mask (WAM) Co. The activities, time requirements, and direct cost considerations are indicated below. In addition, indirect costs (overhead) are $2,000 per week. Because WAM Co. is under time pressure to increase productivity, there is a penalty of $3,000 per week for every week the project extends beyond 8 weeks. The project duration is weeks and cost $ (do NOT use commas). P2. Innovation Project OMG Consulting was engaged to complete an innovation project for their favorite client, Wear A Mask (WAM) Co. The activities, time requirements, and direct cost considerations are indicated below. In addition, indirect costs (overhead) are $1,000 per week. Because WAM Co. is under time pressure to increase innovation, there is a penalty of $2,000 per week for every week the project extends beyond 6 weeks. The minimum cost schedule is weeks (enter response as integer). P3. Quality Control Project OMG Consulting was engaged to complete a quality control project for their favorite client, Wear A Mask (WAM) Co. The activities, time requirements, and direct cost considerations are indicated below. In addition, indirect costs (overhead) are $2,000 per week. Because WAM Co. is under time pressure to improve quality, there is a penalty of $3,000 per week for every week the project extends beyond 14 weeks. The minimum cost schedule resulted in saving $ (enter response as integer).

Answer 1

This question is about process improvement, innovation, and quality control projects for a client, where the goal is to determine the project duration and minimum cost schedule.

Step-by-step explanation:

The subject of this question is Business, and it pertains to the field of management consulting. In this question, a process improvement project, an innovation project, and a quality control project are described, along with their respective time requirements, direct costs, and indirect costs. The goal is to determine the project duration and the minimum cost schedule for each project.