swinburne university of technology 505management solve the following problem in t

Solve the following problem in team discussions and note your presentation mode:
Option B: Present in a scheduled class time. There is limit to the number of slides and your presentation time is also limited to 5 minutes. Any presentation after 5 minutes will not be considered.
On campus students your lecturer will schedule your presentation time.

The following are notes from the company that has gone bankrupt. There are major decision errors and your team will decide whether to continue or make changes to the system. [You can make complete changes if you wish.] Each item has a
cost
and
time
component that your team will have to take into consideration.

Swipe card readers (Model A) and system has been ordered.
Cost: $12,000
Time to remove/re-order and re-install new system: 4 weeks

Re-order of special access cards (Model A)
Cost: $5,000
Time to re-order: 8 weeks

Different access cards are needed from accommodation access cards due to security and charging model. A student could pay for accommodation and would self-cook. Some students might pay for an evening meal but prefer to self-cook breakfast. The current system allows for these flexibilities. The cards also operate via fingerprint recognition. This is to ensure that cards are not passed on or exchanged among students. An alternative method is to hire staff to handle checks at the door. This will be cumbersome, expensive and difficult to handle after-hours (at night).

Technology has improved during the last three months. The new technology (Model B) encoded with these cards will trigger a red light on the counter, if a student with food allergies try to pick up food that contains that allergen.
Setup, training and orientation to the new system will take another $30,000.

Work out a Risk Planning Sheet for the above AND
any other item
that your team may identify.
Marks are given for the identification of other risks.

Present this
using any Risk Planning template your team may choose to adopt

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