While prioritizing projects, projects are reconsidered in terms of their benefits first and then a. Resource Cost b. Efficiency Cost c. Labor Cost d. Quality Cost
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- Give an explanation of how earned value management (EVM) may be used to keep expenses under control and monitor the overall effectiveness of a project, and then hypothesise as to why it is not utilised more often. How can one determine if the data for cost variation, schedule variance, cost performance index, and schedule performance index are healthy or unhealthy? What are some basic rules of thumb?A 2011 study published in the Harvard Business reported an average cost overrun of ... Select one: a. 70% b. 27% c. 15% d. 88% On of them is not consider tool or techniques to assist in schedule development: Select one: a. PERT b. Critical chain scheduling c. Gant chart d. MTA matrix tractability array cost is “ a resource sacrificed or foregone to achieve a specific objective Select one: True False Intangible costs or benefits are ...... Select one: a. easy to measure in monetary terms such as gold b. difficult to measure in monetary terms c. easy to measure in monetary terms such as dollar d. easy to measure in term of time planexplain type of optimization techniques and their impact on the performance? Withe refernces -Dead Code Eliminations -Code Movement - Compile time Eveluation -Common sub Expression - Compile Time Evaluation
- hey i have completed qustion A but was wondering if i could get help with the rest of the qustions. the qustions are below this. thank you. A company that produces cleaning products is considering a proposal to begin production of a new detergent thatwould cost $1 a bottle to make and distribute, and retail for $2.19 a bottle. Fixed cost for the operation would be$3000 a week. Assume that all output can be sold.(a) What would be the total cost, revenue and profit for a weeklyvolume of 10,000 bottles?(b) What is the break-even volume?(c) Set the problem in Excel, and use Goal Seek to confirm youranswer in parts (a) and (b).(d) Suppose the company has a goal to make a weekly profit thatis at least 25% of the revenue. What level of output satisfiesthis goal? Use the Excel Goal Seek to answer this question, andsubmit your printout.(e) Suppose the weekly demand for the new product is 3,500bottles, that is, the company could only make and sell 3,500bottles each week. Given the same fixed…WAI knows from historical records that approximately 40percent of its labor is used in Department 101 and 60 percentis used in Department 102. Th e reverse is true of machine time;60 percent is used in Department 101 and 40 percent is used inDepartment 102.(a) Calculate the labor and machine hours needed inDepartment 101 for each period of the MPS developed inProblem 4.(b) Calculate the labor and machine hours needed inDepartment 102 for each period of the MPS developed inProblem 4.Please no written by hand and no emage The following data are available for two mutually exclusive projects: Project A $16,900,000 PW(benefits) PW(operating and maintenance costs) PW(capital cost) 4,700,000 7,600,000 Complete parts (a) through (e) below. a. Compute the benefit-cost ratios for both projects. Project B $15,100,000 9,300,000 3,000,000 The ratios for projects A and B, respectively, are 1.374 and 1.228 (Type integers or decimals rounded to three decimal places as needed.) b. Compute the modified benefit-cost ratios for both projects. The ratios for projects A and B, respectively, are 1.605 and 1.933 (Type integers or decimals rounded to three decimal places as needed.) c. Compute the benefit-cost ratio for the increment between the projects. Select the correct choice below and, if necessary, fill in the answer box to complete your choice. OA. The ratio is (Type an integer or decimal rounded to three decimal places as needed.) B. The ratio is undefined. d. Compute the…
- There are 11 project selection methods which are: Benefit measurement methodsBenefit/cost ratioEconomic modelScoring modelPayback periodNet present valueDiscounted cash flowInternal rate of returnOpportunity costConstrained optimization methodsNon-financial considerations. Which one of these techniques or methods are used in construction projects for the benefit of citizens?A manager has 5 subordinates and 5 tasks in his department. Each subordinate differs in efficiency. His estimate the task each would do cost given in the following table. By applying the assignment method, how the task should be allocated to his people so the total cost of his department is minimum? And how much? Cost (in thousand USD$) Task 1 2 3 4 5 Subordinate A 9 10 11 8 8 B 9 8 9 9 8 C 9 9 8 8 8 D 9 8 8 8 9 E 9 8 8 9 8Jaronda is a member of a dance team. As a fundraiser, she and the other members of the team decide that she will use the team's money to buy flowers in bulk, sell the flowers individually to students with her school's permission, and return the team's money plus any profits she makes, What is the MOST accurate name for aronda's role? O A. project manager © B. network facilitator O C data manager O D. systems operator
- A.1 TRUE OR FALSE QUESTIONS1. If a company does not achieve its objective, it is effective not efficient. a. a. TRUE b. FALSE2. Two managerial functions identified by the French Industrialist, Henry Fayol in the early 1900s are planning and control.a. a. TRUE b. FALSE3. Hnri Fayol, a French man, was the first to issue a complete statement on a theory of general management?a. a. TRUE b. FALSE4. A Philosophy that sought to increase productivity and make the work easier by scientifically studying work methods and establishing standards was the brain child of Hnri Fayol.a. TRUE b. FALSE5. Elton Mayo is best associated with the Hawthorne studies which were conducted at the Hawthorn plant of Western Electric in Cicero, Illinois?a. TRUE b. FALSE6. By definition, an objective deal with achieving a measurable result with due regard to time.a. TRUEb. FALSE 7.8.9.There are two types of knowledge: implicit knowledge and tactical knowledge. a. TRUE b. FALSE“Satisficing” involves finding a solution…Use the assignment method to obtain a plan that will minimize the processing costs in the followingtable under these conditions:a. The combination 2-D is undesirableb. The combinations 1-A and 2-D are undesirableWORKERA B C D E1 14 18 20 17 182 14 15 19 16 17Job 3 12 16 15 14 174 11 13 14 12 145 10 16 15 14 13The manner in which the inputs, project resources, are combined, will have an impact on the quality of the output. Select one: True False