Disaster recovery plan The disaster recovery plan is a detailed written plan; it includes the detailed instructions to specify the alternative arrangement to use the computing facilities during emergency. The disaster occurs due to natural or human being. The disaster recovery contains the set of procedures to recover and protect the business. It specifies to use the alternative computer service in the situation of national disaster or national emergency until the non-operational computers are repaired or replaced. It includes restoring the servers, mainframes, data backup and network reestablishment to continue the business.

Question

A customer has requested a quotation for a machining job consisting of 80 parts. The starting work part is a casting that will cost $17.00 per casting. The average production time of the job is 13.80 min on an automatic machine whose equipment cost rate is $66.00/hr. This rate does not include any overhead costs. Tooling cost is $0.35 per part. The factory overhead rate is 128% and the corporate overhead rate is 230%. These rates are applied only to time and tooling costs, not starting material costs. The company uses a 15% markup on total cost for its price quotes. What is the quoted price for this job?

Answer 1

Question

Chapter 11, Problem 10Q

Program Plan Intro

Disaster recovery plan

The disaster recovery plan is a detailed written plan; it includes the detailed instructions to specify the alternative arrangement to use the computing facilities during emergency.

The disaster occurs due to natural or human being.

The disaster recovery contains the set of procedures to recover and protect the business.

It specifies to use the alternative computer service in the situation of national disaster or national emergency until the non-operational computers are repaired or replaced.

It includes restoring the servers, mainframes, data backup and network reestablishment to continue the business.

Explanation of Solution

Elements of disaster recovery plan:

Major elements of a typical disaster recovery plan are as follows:

Communication plan and role assignments

Plan for the equip...

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A customer has requested a quotation for a machining job consisting of 80 parts. The starting work part is a casting that will cost $17.00 per casting. The average production time of the job is 13.80 min on an automatic machine whose equipment cost rate is $66.00/hr. This rate does not include any overhead costs. Tooling cost is $0.35 per part. The factory overhead rate is 128% and the corporate overhead rate is 230%. These rates are applied only to time and tooling costs, not starting material costs. The company uses a 15% markup on total cost for its price quotes. What is the quoted price for this job?

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