Joseph KK Ho's work diary

About assignment submission deadline in project management term: You tell students that deadline means the "latest finished date" (allowed) but students treat that as the "latest start date", and they keep testing your tolerance limit..

Dissertation coaching involves: 1. Learn the student's main research interest, preliminary dissertation theme,career profile and existing dissertation project constraints. 2. Brainstorm with the student to come up with a dissertation project proposal that has sufficient practical and academic values. 3. Provide personalized tutorials, notably on relevant academic theories and research methods notions, resource support and feedback from time to time to empower the student to do his/her dissertation project. 4. Review and proof-read the student's draft on proposal and dissertation report from time to time before the dissertation report is to be formally submitted to the University. The dissertation report is essentially the work of the student; the evaluation viewpoints, analysis of findings and line of reasoning based on theories are essentially that of the student. Dissertation students usually are highly competent managers in their fields but are not familiar with a...

Task 1 Visit the website of Census and Statistics Department of Hong Kong (re: http://www.censtatd.gov.hk/hkstat/sub/bbs.jsp), and do some additional Internet research; then conduct an analysis on data related to inflation rates and unemployment rates from 2007-2011 using the model of Phillips Curve in Macroeconomics as the main theory of analysis. 40% Task 2 Similar to task 2, now gather data on money supply and inflation rates of Hong Kong from 2007-2011 (5 years), and conduct an analysis on the data using Quantity theory of money as the main theory of analysis. 40% Task 3 Based on your discussion in Tasks 1 and 2, you are required to discuss how the inflation rate situation in Hong Kong affects business decisions in Hong Kong 20%

ABC’s Cash Book at 30th November 1982 showed an overdrawn position of £3,630 which did not match with her bank statement. Detailed examination of the two records revealed the following: (a) The debit side of the cash book had been undercast by £300. (b) A cheque for £1,560 in favour of Z Suppliers Ltd., had been omitted by the bank from its statement, the cheque having been debited to another customer’s account. (c) A lodgement of £1080 on 30th November had not been credited by the bank. (d) Interest amounting to £228 had been debited by the bank but not entered in the cash book. Required: Reconcile the balance of the cash book and bank statement to the corrected bank balance. ************************************************************* Answer Bank Reconciliation Statement as at 30.11.82 $ $ Balance as per cash book (3630) Add: Debit side of cash book undercast 300 (3330) Less: Interest not entered in cash book 228 Balance as per corrected...

ABC Ltd is a small factory which makes two components, C1 and C2. It has the following constraints on weekly production: Operative time 240 staff hours Raw material A 500 kg Raw material B 400 litres C1 uses two staff hours, 5 kg of A and 5 litres of B to make each unit. C2 uses three staff hours, 5 kg of A and 4 litres of B to make each unit. The contributions to profit from each unit of C1 and C2 are $150 and $100, respectively. It is known that all production can be sold. Requirements 1. Represent the above situation as a linear programming model, if the object is to maximise total weekly profit. (Demote the units of C1 and C2 produced each week by X1 and X2 respectively.) (5 marks) 2. Show the constraints from (1) above on a graph and indicate the feasible region. (7 marks) 3. Determine the product mix which will maximise weekly profit, and the maximum weekly profit, in (1) above. (7 marks) 4. State two limitations of linear programming. (6 marks) (Tot...

A few SMA students explicitly demand to do more exercises in class; in this case, pls bring along the SMA exercises and answers (hardcopies) and textbook next week so that we will spend half of the lecture next week to do exercises in class; in this case, I will spend half of the time doing lecturing; and the other half doing exercises. [i.e. Oct 21 onward]

A factory has 4 work centres WC A: 160 units/ hour , followed by WC B: 135 units/ hour, followed by WC C: 80 units/ hour, followed by WC D: 189 units/ hour. --> WC A--> WC B--> WC C--> WC C--> Product selling price is $100 per unit Variable cost per unit is $60 per unit (mainly direct material cost) Monthly period cost is $1,000 per month. Total Assets employed is $20,000. a. What is the overall output rate of the whole system? b. What is the monthly rate of return of the whole system? Questions 1. Spend $400 to improve output rate per month of WC A to 200 units/ hour 2. Spend $600 to improve output rate per month of WC B to 150 units/ hour 3. Spend additional cost of $10 per unit to outsourcing processing of work of WC C to vendor ABC for processing 40 units. 4. Spend $100 to improve output rate of WC C to 110 units/ hour 5. Work centre C spoilt 4 units in production, what is the total loss to the factory? 6. Work centre A spoilt 3 units in p...