Problem:

Due to a down-turn in the economy, your company has been experiencing financial losses in revenue. You have been asked to put together a team that will find 3-5 low-cost or no-cost ways to resource costs by 25% for your company's main product line. You are being given less 6 weeks to identify and test these cost-cutting measures. If they work in a pilot, you and your team guide the organization through the changes, if not your team will be "redeployed". With no margin for error, you feel that it is imperative that evaluation be "right" from the beginning.

Required:

Question 1) Identify the evaluations and key decisions that need to be made in each of the next six weeks.

Provide thorough explanation of the given question.