Use the earned value table for Project Terrace to calculate their estimated cost to completion
Q: Supply chain management covers the planning and execution of processes required to execute a…
A: Supply chain management, which covers all procedures that convert raw materials into finished…
Q: a Company A and Company B are identical except that Company A's costs are mostly variable, whereas…
A: Variable costs rise along with rising sales. Expenses at Company A are almost always variable,…
Q: 2. How many observations would be necessary for a time studies analyst to be 99% confident that the…
A: Given data: Standard deviation σ=3 minRelative error E=0.3 minAverage time (A) =10.5 min
Q: When Nike's customers trigger events in its supply chain by ordering a customized product, then the…
A: The concepts of "push" and "pull" originate from supply chain management. Businesses employ these…
Q: In quality management, it is a fundamental goal to identify processes that are out of control, to…
A: Quality management refers to the concept of maintaining a high and efficient standard of output in…
Q: J-Nut produces salted peanuts. There are five samples, and each sample contains 4 packs of peanuts…
A: Formulae used: R Control chart: UCL=D4× R bar LCL=D3× R bar
Q: The Company "Best Engineers Ltd has released the figures shown below for the financial years 2018…
A: Formula to be used: Total quality cost = Prevention Cost + Appraisal cost + Internal Failure cost +…
Q: Four strategies that should be implemented during Lewin's providing support. building coalition.…
A: The process by which an organization describes and implements change within its internal and…
Q: What is one important benefit that an organization should offer its terminated employees? Question…
A: An employee's time working for a corporation ends when their employment is terminated. Termination…
Q: The Activity on node diagram in Fig 15.1 was prepared at the beginning of a software update project.…
A: 1. During forward pass in case of more than two preceding activities the early start will be…
Q: You work for shipping company ABC and your company is shipping 15 bottles of cylinders and 20 crates…
A: A dangerous products specialist is in charge of marking and packing hazardous commodities in…
Q: nagement, such as profits, life cycle costs, tangible and intangible costs and benefits, direct and…
A: The procedures necessary to guarantee that a project team completes a project within an authorized…
Q: Using the Web or library resources, research current threats to data. Write a short essay describing…
A: The business environment is becoming more competitive, and the business needs to compete with each…
Q: The Maytubig Water Company purifies drinking water in Luzon and Mindanao, which it plans to…
A: Find the Given details below: Transportation table Plant Wholesaler Tacloban Ilo-ilo Ormoc…
Q: 22. A purchasing agent for a particular type of silicon wafer used in the production of…
A: Given- Annual Demand (D) = 20000Ordering cost (S) = $100Holding cost (H)= 20%
Q: [Three decimal places for all answers) (1) What is the expected tosk time of activity B? (2) What is…
A: Given the data shown below, Optimistic Most likely Pessimistic A 14 18 23 B 4 10 18 C 5…
Q: Problem 20-10 (Algo) You are a newsvendor selling San Pedro Times every morning. Before you get to…
A: Given The selling price= is $1.10 cost=0.30 mean, m=265 standard deviation, s=53
Q: A farmer needs to determine how many acres of her property to plant with soybeans and how emany…
A: Linear programming is a technique used to maximize or minimize the set of given variables. These…
Q: what is the purpose of integrating processes?
A: Introduction: Integration process management refers to the idea of evaluating and analyzing all the…
Q: 2 companys customers are either old or new. A customer may be able or not able to provide an…
A: A decision table is a logic-based data entry system used to handle business operations. The…
Q: consumer service and cost reduction are two bench marks of an effective system of marketing…
A: The first stage in managing an activity in a planned and organized manner is determining the…
Q: You are a project manager on a large project using the earned value reporting system to manage your…
A: The Earned Value Analysis is a process that goes above and beyond the standard evaluation of cost…
Q: Catamount Inc. employs one worker to load packages on an outgoing truck. The work shift is an 8 hour…
A: Find the Given details below: Given details: Shift 8 Hours per day Trucks 40 per day…
Q: Zack Pop has been a producing plant production manager for the last 10 years. One produce item,…
A: Given data: Average daily sales (mean) = 400 Daily sales between = 350 and 450. The purchase cost…
Q: You manage a portfolio (call it P) that has an expected return of 18% with a standard deviation of…
A: Portfolio management is choosing, prioritizing, and managing an organization's programs and projects…
Q: What is this week's forecast using trend-adjusted (double) smoothing with alpha=.5 and beta = .1, if…
A: Given, Last week forecast Ft-1= 65 Last week Actual At-1 = 50 α = 0.5 β = 0.1 Trend estimate for…
Q: Work Performance Data: End of Day Oct 3/11 Duratio Task Name System Installation System Analysis…
A: Find the Calculation methods below: Cost Variance (CV) = Earned Value (EV) − Actual Cost (AC)Earned…
Q: In today's marketplace social media is dominating people's lives and many organizations are still…
A: Introduction: CRM or customer relationship management is a tool through which a company maintains…
Q: Question 7 Jus de Fruit Co. has set up for automated production of its new bottled Triple Berry…
A: Given-
Q: Make the case of how well Baldrige’s 11 Core Values and Concepts embrace or promote Mindful…
A: The business environment is becoming more competitive, and the business needs to compete with each…
Q: Describe the various functions of purchase orders. Describes the steps to register a purchase order…
A: The buyer/customer creates a purchase order (PO) to specify the items they wish to purchase from the…
Q: What is the difference between moving average and weighted moving average? Describe it with an…
A: Forecasting is a method which helps to predict the future demand based on the past information.…
Q: The Dubuque Cement Company packs 80-pound bags of concrete mix. Time-study data for the filling…
A: Remember the formula: Mean time = Average of all valid observationsNormal time = Mean time ×…
Q: Gursoy Car Wash will wash a car in exponential amount of time with mean 10 minutes. Arrivals occur…
A: Find the Calculation methods below: Percentage of the time the car was is idle (p0) = 1-λμHow many…
Q: Minimize f = 7x + 9y subject to the following constraints. x 25 y s 19 2 X= y = f= -x+y z Need Help?…
A: Linear programming is a mathematical technique that is also used in operations management…
Q: Discussion Issue: 1. Identify the scenario's difficulty. 2. Describe the impact on the finances
A: According to FAS Port Klang, Incoterms 2010, When the goods are placed alongside the buyer's vessel…
Q: Part d only
A: Given data is Vessel Deluxe cabins Standard cabins Cost ($) A 60 160 70,000 B 80 120 54,000…
Q: DO NOT COPY AND PASTE FROM AN ARTICLE. DO NOT PLAGERIZE. COMPANY IS COLONY HARDWARE SUPPLY! Research…
A: Introduction Colony Hardware Supply is an organization supplying hardware equipment. It provides…
Q: A product whose EOQ is 120 units experiences a decrease in ordering cost from $90 per order to $10…
A: Companies determine their optimal order size by performing a calculation known as the economic order…
Q: Can Amazon Web Services be of assistance to a business?
A: Through the AWS Migration Acceleration Program, AWS assists businesses in operations management by…
Q: Coca-Cola's brand name is indicative of a(n) __________, while its marketing and distribution…
A: Introduction Coca-cola is a brand today that needs no introduction. It is a carbonated drink sold…
Q: M. Cotteleer Electronics supplies microcomputer circuitry to a company that incorporates…
A: Economic order quantity is the optimal order quantity which is used to analysis the order size of…
Q: your company is facing the situation in which the demand is stochastic but the lead time is known…
A: Inventory management is a wide concept under operations management. By just reading this term, it…
Q: MC Qu. 9-73 Refer to the following payoff... Refer to the following payoff table: Alternative A1 A2…
A: Given- Alternative S1 S2 A1 75 -40 A2 0 100 Prior Probability 0.6 0.4
Q: Use the table below to answer the questions that follow and caculate the Expected Monetary Value…
A: Formulae used: EMV = ∑Probability of the event ×outcome In Minimax regret criteria- is a decision…
Q: Dave's Sporting Goods sells Mountain Mouse freeze-dried meals. Dave's uses a continuous review…
A: Given data: Annual demand (D)= 2900 meals Holding cost (H) =$1.50 per meal/year Cost to place…
Q: Given the following conditional value table, determine the appropriate decision under uncertainty…
A: Given, Alternatives Very favorable Average market Unfavourable market Large plant 313000 80000…
Q: Leah Johnson, director of Urgent Care of Brookline, wants to increase capacity to provide…
A: Most employers describe full-time workers as those who are routinely scheduled to work a certain…
Q: Which of the following statements is true about problem-solving? There are six steps of…
A: In general, a problem is perceived as a challenge or roadblock that prevents the formulation or…
Q: Marketing success is very much the art of getting the timing right and delivering on…
A: Organizations may plan, manage, and put into place methods to move and store items using supply…
Step by step
Solved in 2 steps
- Scenario 4 Sharon Gillespie, a new buyer at Visionex, Inc., was reviewing quotations for a tooling contract submitted by four suppliers. She was evaluating the quotes based on price, target quality levels, and delivery lead time promises. As she was working, her manager, Dave Cox, entered her office. He asked how everything was progressing and if she needed any help. She mentioned she was reviewing quotations from suppliers for a tooling contract. Dave asked who the interested suppliers were and if she had made a decision. Sharon indicated that one supplier, Apex, appeared to fit exactly the requirements Visionex had specified in the proposal. Dave told her to keep up the good work. Later that day Dave again visited Sharons office. He stated that he had done some research on the suppliers and felt that another supplier, Micron, appeared to have the best track record with Visionex. He pointed out that Sharons first choice was a new supplier to Visionex and there was some risk involved with that choice. Dave indicated that it would please him greatly if she selected Micron for the contract. The next day Sharon was having lunch with another buyer, Mark Smith. She mentioned the conversation with Dave and said she honestly felt that Apex was the best choice. When Mark asked Sharon who Dave preferred, she answered, Micron. At that point Mark rolled his eyes and shook his head. Sharon asked what the body language was all about. Mark replied, Look, I know youre new but you should know this. I heard last week that Daves brother-in-law is a new part owner of Micron. I was wondering how soon it would be before he started steering business to that company. He is not the straightest character. Sharon was shocked. After a few moments, she announced that her original choice was still the best selection. At that point Mark reminded Sharon that she was replacing a terminated buyer who did not go along with one of Daves previous preferred suppliers. Ethical decisions that affect a buyers ethical perspective usually involve the organizational environment, cultural environment, personal environment, and industry environment. Analyze this scenario using these four variables.Scenario 4 Sharon Gillespie, a new buyer at Visionex, Inc., was reviewing quotations for a tooling contract submitted by four suppliers. She was evaluating the quotes based on price, target quality levels, and delivery lead time promises. As she was working, her manager, Dave Cox, entered her office. He asked how everything was progressing and if she needed any help. She mentioned she was reviewing quotations from suppliers for a tooling contract. Dave asked who the interested suppliers were and if she had made a decision. Sharon indicated that one supplier, Apex, appeared to fit exactly the requirements Visionex had specified in the proposal. Dave told her to keep up the good work. Later that day Dave again visited Sharons office. He stated that he had done some research on the suppliers and felt that another supplier, Micron, appeared to have the best track record with Visionex. He pointed out that Sharons first choice was a new supplier to Visionex and there was some risk involved with that choice. Dave indicated that it would please him greatly if she selected Micron for the contract. The next day Sharon was having lunch with another buyer, Mark Smith. She mentioned the conversation with Dave and said she honestly felt that Apex was the best choice. When Mark asked Sharon who Dave preferred, she answered, Micron. At that point Mark rolled his eyes and shook his head. Sharon asked what the body language was all about. Mark replied, Look, I know youre new but you should know this. I heard last week that Daves brother-in-law is a new part owner of Micron. I was wondering how soon it would be before he started steering business to that company. He is not the straightest character. Sharon was shocked. After a few moments, she announced that her original choice was still the best selection. At that point Mark reminded Sharon that she was replacing a terminated buyer who did not go along with one of Daves previous preferred suppliers. What should Sharon do in this situation?Scenario 4 Sharon Gillespie, a new buyer at Visionex, Inc., was reviewing quotations for a tooling contract submitted by four suppliers. She was evaluating the quotes based on price, target quality levels, and delivery lead time promises. As she was working, her manager, Dave Cox, entered her office. He asked how everything was progressing and if she needed any help. She mentioned she was reviewing quotations from suppliers for a tooling contract. Dave asked who the interested suppliers were and if she had made a decision. Sharon indicated that one supplier, Apex, appeared to fit exactly the requirements Visionex had specified in the proposal. Dave told her to keep up the good work. Later that day Dave again visited Sharons office. He stated that he had done some research on the suppliers and felt that another supplier, Micron, appeared to have the best track record with Visionex. He pointed out that Sharons first choice was a new supplier to Visionex and there was some risk involved with that choice. Dave indicated that it would please him greatly if she selected Micron for the contract. The next day Sharon was having lunch with another buyer, Mark Smith. She mentioned the conversation with Dave and said she honestly felt that Apex was the best choice. When Mark asked Sharon who Dave preferred, she answered, Micron. At that point Mark rolled his eyes and shook his head. Sharon asked what the body language was all about. Mark replied, Look, I know youre new but you should know this. I heard last week that Daves brother-in-law is a new part owner of Micron. I was wondering how soon it would be before he started steering business to that company. He is not the straightest character. Sharon was shocked. After a few moments, she announced that her original choice was still the best selection. At that point Mark reminded Sharon that she was replacing a terminated buyer who did not go along with one of Daves previous preferred suppliers. What does the Institute of Supply Management code of ethics say about financial conflicts of interest?
- Company: ABC Civil Engineering - an engineering firmSituation: ABC company has recently made significant cuts in staff and the workload on existingemployees has increased. A major RFP is dueCharacters: Ted Waltz – Managing Director of ABC EngineeringElaine Tillman – Civil Engineer____________________________Elaine Tillman looked at her watch – it was 7:30 pm. Just then she knew she would not make it to her son’s final high school basketball game. It took her a moment to collect herself and wipe the tear that had started down her face and onto the ragged-edged 100 plus page RFP she was working on. The RFP,the largest opportunity that ABC Civil Engineering had a chance to bid on in 6 months, was far fromready for the 9:00 AM deadline the following day.Normally in this situation, Elaine would have collaborated with a proposal team putting together such a big proposal but, since the economic down turn hit, ABC has had to make significant cuts in its staff. It started with administrative…Company: ABC Civil Engineering - an engineering firmSituation: ABC company has recently made significant cuts in staff and the workload on existingemployees has increased. A major RFP is dueCharacters: Ted Waltz – Managing Director of ABC EngineeringElaine Tillman – Civil Engineer____________________________Elaine Tillman looked at her watch – it was 7:30 pm. Just then she knew she would not make it to her son’s final high school basketball game. It took her a moment to collect herself and wipe the tear that had started down her face and onto the ragged-edged 100 plus page RFP she was working on. The RFP,the largest opportunity that ABC Civil Engineering had a chance to bid on in 6 months, was far fromready for the 9:00 AM deadline the following day.Normally in this situation, Elaine would have collaborated with a proposal team putting together such a big proposal but, since the economic down turn hit, ABC has had to make significant cuts in its staff. It started with administrative…A O Standord Max Мaximize Р — 10х + 12y subject to x + 2y 0 Screen clipping taken: 11/23/2019 6:23 AM C Мaximize P 3 3х + 4у + 5z subject to x + y + z 0, z 20 Screen clipping taken: 11/23/2019 6:24 AM D Maximize P = 12x + 10y + 5z subject to 2х + у +zs 10 3x + 5y + z < 45 2x + 5y + z < 40 x 2 0, y 2 0, z 2 0 Screen clipping taken: 11/23/2019 6:25 AM
- How do you lllustrate Kibbles and Bit’s forecasted revenue and expenses for the next 3 years?MASTERY PROBLEM / Cr. Cash: $4,301.83 ar Ban Trenkamp owns and operates the Trenkamp Collection Agency. Listed below are the name, number of allowances claimed, marital status, information from time cards on hours worked each day, and the hourly rate of each employee. All hours worked in excess of 40 hours for Monday through Friday are paid at 1½ times the regular rate. All weekend hours are paid at double the regular rate. Trenkamp uses a weekly federal income tax withholding table (see Figure 8-4 on pages 288 and 289). Social Security tax is withheld at the rate of 6.2% for the first $110,100 earned. Medicare tax is withheld at 1.45% and state income tax at 3.5%. Each employee has $5 withheld for health insurance, All employees use payroll deduc- tion to the credit union for varying amounts as listed. GENERAL LEDGER Trenkamp Collection Agency Payroll Information for the Week Ended November 18, 20-- Credit Total Hourly Rate Earnings 1/1-11/11 Union Employee No. No of Allow. Regular…Problem 4 (a) Evaluate Sfx dA where D is the shaded region shown in the figure (b) | | 2x sin(x²) d dxdy 2 1 0 2√3
- Refer to Problem 7.1. If a contract for the secondand third years is pending, what a re the implications fo r processselection?You work for the Brad's Nailer Company which manufactures three types of nailers: a pneumatic model, the "ProLine", and a cordless model. You have contracted to supply a national retail chain with all three models of nailers. However, Brad's nailer production capability is limited in three departments: production, testing, and packaging. The goal is to maximize your revenue. Your answer will be the number packaging hours to be produced (The number of nailers must be a whole number.) Use Scenario 2On Week a) Item: P24 hand 1 2 3 4 5 6 7 8 Forecast 30 30 30 40 40 40 45 45 Customer Orders 13 8 4 PAB 20 Available to Promise MPS b) Determine if each customer order will be accepted. Order Amount Week Accept (Y/N) 1 40 2 30 3 4 30 25 462M 3 Update the MPS time-phased record for accepted orders. Item: P24 Forecast Customer Orders Problem 3: The MPS planner at Murphy Motors uses MPS time-phased records for planning end-item production. The planner is currently working on a schedule for the P24, one of Murphy's top-selling motors. The planner uses a production lot size of 70 and a safety stock of 5 for the P24 motor. a) Complete the MPS time-phased record for product P24. Use the table on the left. b) Determine if Murphy Motors can accept each of the following customer orders. Update the MPS time- phased record for accepted orders. Order 1234 Amount 40 Desired Week 4 30 30 25 623 8 4 On Week hand 1 2 3 4 5 6 30 30 30 40 40 40 74 45 45 PAB 20 Available to Promise MPS On hand = 20