Estimating project times and costs

Assignment Help Operation Management
Reference no: EM131428701

CHAPTER FIVE: Estimating Project Times and Costs (course name: project management)

Question:

ABC Inc. will hire 200 new computer programmers this year. Managers are considering whether to make or buy office furniture for the new hires. They can purchase desks for $2,000 per programmer or they can make the desks itself. Equipment to assemble the desks can be scrounged from the company’s carpentry shop. That old equipment has already been fully depreciated. Materials cost $200 per desk and labor (and benefits) cost $30 per hour. ABC hired a local shop to build a prototype desk. That desk required 50 hours of labor. If the learning curve is 90 percent, should ABC make or buy the desks?

Reference no: EM131428701

Questions Cloud

What is the competitive environment : Analyze the coverall competitive environment including market conditions and what is the competitive environment - Evaluate the Organization's competencies and sources and Elements from your readings and saying what does that look like?
Discuss about challenges of an effective employee training : Write your initial response. Your response should be thorough and address all components of the discussion question in detail, include citations of all sources, where needed, according to the APA Style, and demonstrate accurate spelling, grammar, ..
Raw material inventory for required number of containers : Great Sky compnay uses Kanban cards and containers to manage incoming materials at a production cell. On average, the cell uses 400 units of raw materials per hour. What is the required number of containers? What is the total raw material inventory f..
Describe the differences between sensations and perceptions : Describe the differences between sensations and perceptions, along with concepts such as thresholds, sensory adaptation, and Gestalt theories
Estimating project times and costs : ABC Inc. will hire 200 new computer programmers this year. Managers are considering whether to make or buy office furniture for the new hires. They can purchase desks for $2,000 per programmer or they can make the desks itself. ABC hired a local shop..
A valid selection instrument means that : A valid selection instrument means that: Which of the following is not considered an external recruiting tactic?
A person-job fit in placement refers : A person-job fit in placement refers to: (a). Congruence between the individual and organization b. A person's (K)(S)(A)'s match the job requirements c. Congruence between employee and work group d. A person's emotional intelligence matches the job d..
Threpio production has contracted with artudee : Threpio Production has contracted with Artudee, Inc to overhaul the 30 robots at its plant. All the robots are similar and an 80% learning curve is appropriate. How many hours will it take to overhaul the 15th robot? How long will it take to complete..
Explain how the proposed plan would help managers : You work in the HR Department of an electric power company in the southwestern region of the U.S. The company was founded in 1940 and has an excellent reputation as a provider of electricity. It is also considered to be an outstanding corporate ci..

Reviews

Write a Review

Operation Management Questions & Answers

  Book review - the goal

Operations Management is about a book review. Title of the book is "Goal". This book has been written by Dr. Eliyahu Goldartt. The book has been appreciated by many as one of those books which offers an insight into the operations and strategic capac..

  Operational plan in hospitality enterprise

Operational plan pertaining to a hospitality enterprise is given in detail in the solution. The operational plan is an important plan or preparation which gives guidelines regarding the role and responsibilities of each and every operation at all lev..

  Managing operations and information

Recognise the importance of a strategic approach to the development and deployment of organisational information systems. Demonstrate an understanding of the importance of databases and their integration to the organisation's overall information mana..

  A make-or-buy analysis

An analysis of the holding costs, including the appropriate annual holding cost rate.

  Evolution and contributor of operations management

Briefly explain Evolution and contributor of Operations management.

  Functions and responsibilities of an operations manager

A number of drivers of change have transformed the roles, functions and responsibilities of an operations manager over recent years. These drivers have not only been based on technological innovations but also on the need for organisations to develop..

  Compute the optimal order quantity

Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.

  Relationship to operations practice in the organisation

Evaluate problems in operations and identify approaches to overcoming them. Critically evaluate operating plans and identify areas for improvement. Justify, implement and evaluate changes to operations in line with modern approaches.

  A make or buy analysis

Develop a report for Figi Fabricating that will address the question of whether the company should continue to purchase the part from the supplier or begin to produce the part itself.

  Prepare a staffing plan

Prepare a staffing plan showing the change of your unit from medical/surgical staffing to oncology staffing.

  Leadership styles in different organizations

Ccompare the effectiveness of different leadership styles in different organizations

  Risk management tools and models

Be able to understand the concept of risk, roles and responsibilities for risk management and risk management tools and models.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd