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3- For the following test marketing project at week 6: a. Ignore the far right “% Complete” column and using the 50–50 percent completion rule for PV and EV, calculate the cost, schedule, and time variances. Also calculate the CPI, SPI, CSI, and the ETC and EAC. b. Repeat the calculations in a, but now using the “% Complete” column. Assume that the PV values are based on time proportionality but the “% Complete” values for EV are from the workers actually doing the tasks.

3- For the following test marketing project at week 6: a. Ignore the far right “% Complete” column and using the 50–50 percent completion rule for PV and EV, calculate the cost, schedule, and time variances. Also calculate the CPI, SPI, CSI, and the ETC and EAC. b. Repeat the calculations in a, but now using the “% Complete” column. Assume that the PV values are based on time proportionality but the “% Complete” values for EV are from the workers actually doing the tasks.

Practical Management Science
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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3- For the following test marketing project at week 6:
a. Ignore the far right “% Complete” column and using the 50–50 percent completion rule for PV and EV, calculate the cost, schedule, and time variances. Also calculate the CPI, SPI, CSI, and the ETC and EAC.


b. Repeat the calculations in a, but now using the “% Complete” column. Assume that the PV values are based on time proportionality but the “% Complete” values for EV are from the workers actually doing the tasks.

Activity a: Build items b: Supply stores c: Create ad program d: Schedule ads e: Check sale results Predecessors a a b, c Duration (weeks) 2 3 2 5 4 Budget, $ 300 200 250 600 400 Actual Cost, $ 400 180 300 400 200 % Complete 100 100 100 20 20
Transcribed Image Text:Activity a: Build items b: Supply stores c: Create ad program d: Schedule ads e: Check sale results Predecessors a a b, c Duration (weeks) 2 3 2 5 4 Budget, $ 300 200 250 600 400 Actual Cost, $ 400 180 300 400 200 % Complete 100 100 100 20 20
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