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Critically analyze the differences between the “Account Analysis Method” and the “Two-Point Method” of estimating a cost function.

Assignment Question(s): (Marks 15) Q1. How does risk impact decision-making? List the types of risk that impact business decision-making and provide suitable examples for each type of risk in the context of an organization. (3 Marks) Note: Your answer must include suitable examples for each type of risk. (Week 2, Chapter 1) Answer: Q2. Suppose […]

Describe the current state of the value stream and highlight any performance deficiencies and challenges, such as delays, excessive WIP, bottlenecks, capacity and workload imbalances, rework, poor quality yields, long lead times, and other operational issues.

Description Instructions For this assignment, select a value stream in your organization that can benefit from analysis and improvement. As noted previously, the value stream (or end-to-end process) selected does not need to be overly large or complex. Select something which has the potential for meaningful improvement, but which is manageable within the scope of […]

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