Prepare a cost estimation for developing an operations management laboratory. The laboratory will have physical cum computer simulations for operations management problems in which students can participate to get a close-to-real world experience operations management environment. The picture is a example. Make sure you include everything. Use the following picture as an example.
Prepare a cost estimation for developing an operations management laboratory. The laboratory will have physical cum computer simulations for operations management problems in which students can participate to get a close-to-real world experience operations management environment. The picture is a example. Make sure you include everything. Use the following picture as an example.
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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Prepare a cost estimation for developing an operations management laboratory. The laboratory will have physical cum computer simulations for operations management problems in which students can participate to get a close-to-real world experience operations management environment. The picture is a example. Make sure you include everything.
Use the following picture as an example.
Transcribed Image Text:Cost estimation:
Internal
ORh
Internal
External
External
Total
Non-labor Total cost
ORh
WBS Categories
labor
Total
Labor\OR
Total\OR
Labor
|Initiating
planning
30
50
1500
1500
350
1850
30
50
1500
10
100
1000
2500
100
2600
executing
Course design and
development
Course
50
5
250
100
7
700
950
100
1050
20
25
500
500
30
530
administration
Course evaluation
Stakeholder
5
20
100
100
20
120
10
10
100
100
100
200
communication
Monitoring and
controlling
closing
Subtotal
Reserves
Total
40
5
200
20
10
200
400
600
1000
30
5
150
70
7
490
640
30
670
8020
802
215
200
6690
1330
8822
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