The total estimated duration of the mass excavation activities in an office buildingproject is 40 days. After 18 days, the project manager receives the followinginformation:ActivityEarthClayRockWhat is the CPI of rock excavation?1.15Select the correct response:1.25Total Volume to be excavated(cubic yard)0.8620,0008,00011,0000.96Unit Price2.505.507.50Actual volumeexcavated (cubic yard)8,4003,1006,200Actualcost19,75020,85053,900

Answer) Cost Performance Index (CPI) is a metric used in project management to measure a project's…

Answered: The total estimated duration of the…

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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Likert Scale definition and an example!
Case Study: Apple is famous for its attractive and highly prized electronics, including iPhones, Mac computers and laptops, and iPad tablets. However, Apple doesn’t actually make any of its products. Rather, it develops ideas, designs devices, and promotes the products and its brand. To put the devices together, Apple relies on a set of contractors. One key contractor is an electronics firm called Foxconn, based in Taiwan. With factories located in China, Foxconn has combined manufacturing expertise with low-cost labor to win deals to make computers and key components such as motherboards. As consumers have slowed their spending on laptop computers in favor of smaller devices such as the iPad tablet computer and smartphones, Foxconn has benefited. Until recently, it was the only company making Apple’s iPad and one of just two makers of Apple’s iPhone. Workers at Foxconn facilities also produce the Sony PlayStation 3, the Nintendo Wii, and Amazon’s Kindle Fire. Foxconn also produces TVs…
Borges Machine Shop, Inc., has a 1-year contract for the production of 75,000 gear housings for a new off-road vehicle. Owner Luis Borges hopes the contract will be extended and the volume increased next year. Borges has developed costs for three alternatives. They are general-purpose equipment (GPE), flexible manufacturing system (FMS), and expensive, but efficient, dedicated machine (DM). The cost data follow: General-Purpose Equipment (GPE) Flexible Manufacturing System (FMS) Dedicated Machine (DM) Annual contracted units 75,000 75,000 75,000 Annual fixed cost $100,000 $200,000 $525,000 Per unit variable cost $15.00 $14.00 $13.75 Part 2 Based on the total cost, the process that is best suited for…
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Draw a sequence diagram on this scenario. Consider an e commerce website, the customer will search for the items either by category, by price, by color or by size. the customer will add the selected items to the shopping cart. He/she can either continue shopping or can perform checkout. On checkout bill/invoice will be generated and the customer will enter personal information including email, phone and address; will choose cash on delivery option or card payment. If card payment selected, he/she will enter the card information. The bank object will validate the card, if validated the required amount will be deducted and the item will be dispatched to the provided address in both cases (COD/ valid card payment).
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"I'm not sure we should lay out $265,000 for that automated welding machine," said Jim Alder, president of the Superior Equipment Company. "That's a lot of money, and it would cost us $78,000 for software and installation, and another $40,800 per year just to maintain the thing. In addition, the manufacturer admits it would cost $41,000 more at the end of three years to replace worn-out parts." "I admit it's a lot of money," said Franci Rogers, the controller. “But you know the turnover problem we’ve had with the welding crew. This machine would replace six welders at a cost savings of $108,000 per year. And we would save another $6,900 per year in reduced material waste. When you figure that the automated welder would last for six years, I'm sure the return would be greater than our 19% required rate of return." "I'm still not convinced," countered Mr. Alder. "We can only get $14,000 scrap value out of our old welding equipment if we sell it now, and in six years the new machine will…
market analysis(case study) in electronics store.
Borges Machine Shop, Inc., has a 1-year contract for the production of 75,000 gear housings for a new off-road vehicle. Owner Luis Borges hopes the contract will be extended and the volume increased next year. Borges has developed costs for three alternatives. They are general-purpose equipment (GPE), flexible manufacturing system (FMS), and expensive, but efficient, dedicated machine (DM). The cost data follow: General-Purpose Equipment (GPE) Flexible Manufacturing System (FMS) Dedicated Machine (DM) Annual contracted units 75,000 75,000 75,000 Annual fixed cost $150,000 $250,000 $500,000 Per unit variable cost $16.00 $14.75 $13.00 Part 2 Based on the total cost, the process that is best suited for…
Briefly discuss appropriate technology. Name and outlinehow a specific appropriate technology aids the performance of a task

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