Describe the problem this bank faces 2. Why did it happen 3. You have to mention in your talk or presentation that this problem happens in other institutions

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You have a job interview with a local bank that has been in business for less than seven years in Show more I. You have a job interview with a local bank that has been in business for less than seven years in your area. The search committee wants you to give a talk or a presentation on how to solve one of their major concerns. According to the loan officers they have provided more loans to people they thought they were good in doing business and had some business experience or history. However they found out that some of the people they rejected deserved to get loans from the bank. Furthermore some of the people who got money from the bank (even those with good credit history) did not invested in the business they ask the money for. This situation has resulted in more than 30 % of loan defaults. Based on your knowledge (what you have learned from your Managerial Economics class): 1. Describe the problem this bank faces 2. Why did it happen 3. You have to mention in your talk or presentation that this problem happens in other institutions too ( mention some of them ) 4. How can you help the bank solve this problem ( in your solution mention what have been done in the other institutions you mentioned in question 3) Show less

 

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Formulate this problem as a linear programming problem and solve it using simplex method

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a) A farmer has 300 hectares of land on which to grow maize, wheat and beans. He intends to spend no more than £8000 and it requires £20 to cultivate one hectare of maize, £ 20 to cultivate one hectare on wheat and £40 to cultivate one hectare of beans. He has a workforce of 600 laborers and their requirement is 2 for each ha on maize, 1 for each ha on wheat and 3 for each ha on beans. The profit contributions of the three crops are £25, £30 and£35 per ha respectively and the farmer wishes to maximize the profit. Formulate this problem as a linear programming problem and solve it using simplex method

 

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If the aircraft is in flight at 5000 when the engine fails, how far can it glide in terms of distance measured along the ground?

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1. The maximum lift-to-drag ratio of the World War I Sop with Camel was 7.7. If the aircraft is in flight at 5000 when the engine fails, how far can it glide in terms of distance measured along the ground? 2. For the Sop with Camel in Pro b. 6.9, calculate the equilibrium glide velocity at 3000 , corresponding to the minimum glide angle. The aspect ratio of the airplane is 4.11, the Oswald efficiency factor is 0.7, the weight is 1400 lb, and the wing area is 231 ft2 . Pro b. 6.9 The maximum lift-to-drag ratio of the World War I Sop with Camel was 7.7. If the aircraft is in flight at 5000 when the engine fails, how far can it glide in terms of distance measured along the ground?

 

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Radical Change vs Continuous Improvement

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Radical Change vs Continuous Improvement
Paper instructions:
Choose an organisation that you work for, or are familiar with.
Investigate your chosen organisation to evaluate how it is currently performing, and identify three operational areas that require change.
–    Start off by briefly introducing your chosen organisation and explaining what 3 changes you have identified and why you believe they should be made
From the changes that you have identified, select one change that you want to make.
–    Review the literature on project / investment appraisal and identify what methods/criteria can be used to do this. At least 3 references are required.
–    From the review, choose the methods/criteria that are relevant for your changes and organisation
–    Evaluate all proposed 3 changes, using the same evaluation methods / criteria, and from your analysis choose the change that you will implement
Decide upon the approach you will take to manage and implement the change by putting forward a case for using both Radical Change and Continuous Improvement as the means for delivering the required improvements for the organisation, identifying the benefits and disadvantages of using each method.
–    Review the literature on Radical Change vs Continuous Improvement and identify what criteria you could use to identify which improvement method should be used. At least 3 references are required
–    From the review, choose the criteria that are relevant for your change and organisation
–    Evaluate your chosen change using the evaluation criteria and…
Recommend your choice of improvement method(s), giving reasons for your choice.
–    Radical Change, Continuous Improvement, or both, and why?
Produce a draft Project Plan using MS Project, identifying all the tasks, timescales, dependencies, and resources that are required to implement the change.
–    Outline the factors that you will consider when constructing your project plan, and apply them to create an initial draft project plan for your chosen change, using MS Project
Identify the potential barriers to the implementation of your Project Plan, and what you would do to overcome these barriers, and alleviate any significant risks.
–    Review the literature on Risk Management within projects and identify what criteria you could use to identify barriers and risks. At least 3 references are required.
–    From the review, choose the risk criteria that are relevant for your change and organisation
–    Evaluate your chosen change using the risk evaluation criteria and explain what alterations you have had to make to your draft project plan to overcome them
Produce a final detailed Project Plan using MS Project, taking account of changes you have had to make as a result of your risk analysis, including an analysis of the impact of your proposed change on the organisation, identifying the costs, benefits and timescales.
–    The original plan should be included in the appendices, and the final plan as part of the main report.
–    The costs benefits and timescales should be presented within the report

 

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