1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
aliina [53]
3 years ago
14

Why do you think it is important for those who manage operations functions to understand project management techniques?.

Business
1 answer:
fomenos3 years ago
5 0

Answer:

The Operations function is an intricate part of the project pursued by the company. They help to identify the location of the facility, help to determine the material which needs to be procured as well as help in setting up the new process if any related to project. The knowledge of Project management technique helps the people in Operations function to deploy the tools and systems to better support the project need. Example: The use of Microsoft Project can help to plot the different activities and determine the critical path along with activities

Explanation:

It helps to ensure that project is carried out as per priority so that there is no delay. The other techniques like Scrum, Agile etc. are also important to inculcate flexibility and adaptability within team members. So, in all, the knowledge of Project management is very critical for the Operations function.

You might be interested in
​long-run equilibrium in perfectly competitive markets meets what two important conditions? productive efficiency allocative eff
Inga [223]
The two important conditions are: <span>allocative efficiency and productive efficiency.
Allocative efficiency refers to a condition when the amount of production is awlays match the appropriate marginal benefit that the consumers get.
Meanwhile, the productive efficiency refers to a condition when the market could no longer produce additional goods without sacrificing another good</span>
7 0
3 years ago
Classify the type of data analytics ​(descriptive, diagnostic,​ predictive, prescriptive, or adaptive and​ autonomous) being use
olga2289 [7]

Based on the definitions of these data analytic types, the following are true:

  • a. Descriptive analysis
  • b. Descriptive analysis
  • c. Prescriptive analysis
  • d. Diagnostic analysis
  • e. Predictive analysis
  • f. Diagnostic Analysis
  • g. Adaptive and Autonomous analysis

Descriptive analysis works by showing an overview of the current situation in the company and so would work well for McGowan Company and Zerrot Corporation.

Prescriptive analysis offers solutions to help a company achieve a goal and so is best to describe Wheelson Company.

Diagnostic analysis allows for a company to find out what the real problem is in a situation so describes Courtyard Freight and Johnson Stores.

Predictive is used to predict future scenarios and so describes Medavoy Operations forecasting.

Adaptive and Autonomous use machine learning and artificial intelligence so this describes Michelson Corporation.

In conclusion, there are different types of data analytics that can be used.

Find out more about data analysis at brainly.com/question/25782746.

6 0
2 years ago
"In the case of so-called active data warehouses, the loads occur in ________ that happen continuously, ensuring that the data i
lbvjy [14]

Micro-batches.

Micro-batches are small components of data that allow it to be processed quickly at more frequent intervals.

3 0
4 years ago
_____ are internet-based companies that make it easy for one person to pay another person over the internet.
lorasvet [3.4K]
<span>i think the answer is financial cybermediary.</span>
8 0
3 years ago
If you want to recognize revenue during the period in which the related sales activity occurred, which accounting method would y
AlexFokin [52]

Answer:

a. Accrual accounting

Explanation:

Accounting method in which the revenue and expenses are recorded in the month in which its activities occurred regardless of cash is received or paid. Cash-basis accounting is referred to the recognition of revenue and expenses when the cash relating to the activities received or paid. So If we want to recognize revenue during the period in which the related sales activity occurred, we will use accrual accounting method.

8 0
4 years ago
Other questions:
  • How to access your federal reserve account?
    8·1 answer
  • What can you conclude is the reason why secondary data is desirable
    14·1 answer
  • How many units would have to be sold to yield a target operating income of​ $26,000, assuming variable costs are​ $27 per​ unit,
    6·1 answer
  • Assume that Minneapolis’ sales by major market are: Market Minneapolis Medical Dental Sales $ 390,000 100 % $ 260,000 100 % $ 13
    5·1 answer
  • Walks Softly sells customized shoes. Currently, it sells 16,000 pairs of shoes annually at an average price of $68 a pair. The c
    6·1 answer
  • Fill in the t-accounts for each situation and label each transaction as Deferrals/Prepaid or Accrual. Calculate the adjusted bal
    15·1 answer
  • A firm presents a market value balance sheet and a book value balance sheet to prospective investors. What is wrong with using t
    5·1 answer
  • Buffet Company was organized in January 2018 and has 1,000 shares of $200 par value, 10 percent, noncumulative preferred stock o
    14·1 answer
  • Winston Co. had two products code named X and Y. The firm had the following budget for August:
    10·1 answer
  • Exercise 5-6 Equivalent Units of Production-Weighted-Average Method [LO5-2] Highlands Company uses the weighted-average method i
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!