Answer:
b. The project manager outlines the project goals
Explanation:
As the name suggests, a project kick off meeting refers to the first and foremost meeting between project manager and his team and the clients of a project when commencing a new project.
The purpose behind such a meeting is to familiarize the project team, make them better understand the project and it's requirements and agreeing upon a plan of work together to accomplish the task.
Following steps would be noteworthy for conducting an effective project kick off meeting:
- The project manager prepares his team and outlines and conveys the project goals to the team members and how they are to be attained.
- Beginning the project client relationship on a good note and gaining client's support.
- Putting one's best efforts with a systematic planned approach for the project kick off client meeting.
Answer:
Using Excel solver, the optimal solution is: 122 Aqua-Spa + 78 Hydro-Lux, and the maximum profit = $66,100
Explanation:
you have to maximize the following equation: 350A + 300H
where:
A = number of Aqua-Spa hot tubs sold
H = number of Hydro-Lux hot tubs sold
the constraints are:
A + H ≤ 200 ⇒ number of water pumps available
9A + 6H ≤ 1,566 ⇒ number of labor hours available
12A + 16H ≤ 2,880 ⇒ number of feet of tubing available
A ≥ 0 ⇒ non-negative numbers
B ≥ 0 ⇒ non-negative numbers
both A and B are integers
Using Excel solver, the optimal solution is: 122A + 78B, and the maximum profit = $66,100
The cost opportunity from B to D is 15 surfboards, while the cost opportunity from D to A is 6 motorcycles.
<h3>What is the opportunity cost?</h3>
In economics, opportunity cost refers to what is lost if one alternative is chosen over another. For example, if a country decides to manufacture only cars they are losing the opportunity to manufacture other products such as cellphones.
<h3>Opportunity cost from B to D:</h3>
If you choose Combo B instead of D you lose the opportunity to manufacture 15 more surfboards
<h3>Opportunity cost from D to A:</h3>
If you choose Combo A instead of D, you lose the opportunity to manufacture 6 motorcycles
<h3>Poing F and G:</h3>
Points F and G imply that if you manufacture 3 motorcycles you can only manufacture 21 surfboards (F), and if you manufacture 5 motorcycles the production of surfboards increases by 3 (24 surfboards).
Learn more about opportunity cost in: brainly.com/question/17204577
The hospitality industry is a broad category of fields within service industry that includes lodging, event planning, theme parks, transportation, cruise line, and additional fields within the tourism industry.
Answer:
$33.50
Explanation:
we can use the perpetual growth model to determine the price of the stock
the firm's stock price = ($1.25 x 1.15)/1.11 + ($1.25 x 1.15²)/1.11² + ($1.25 x 1.15³)/1.11³ + [($1.25 x 1.15³ x 1.06)/(11% - 6%)]/1.11³
the stock price in 3 years = ($1.25 x 1.15³ x 1.06)/(11% - 6%) = $40.30
the firm's stock price = ($1.25 x 1.15)/1.11 + ($1.25 x 1.15²)/1.11² + ($1.25 x 1.15³)/1.11³ + $40.30/1.11³ = $1.30 + $1.34 + $1.39 + $29.47 = $33.50
