What is the cost variance

Assignment Help Operation Management
Reference no: EM13253755

A software development project at day 70 exhibits an actual cost of $78,000 and a scheduled cost of $84,000. The software manager estimates a value completed of $81,000. What is the cost variance?

Reference no: EM13253755

Questions Cloud

Calculate the phase angle for the circuit : A 32.2 uF capacitor is connected to a 50.2 ohm resistor and a generator whose rms output is 37.2 V at 50.0 Hz. Calculate the rms current in the circuit. Calculate the phase angle for the circuit
Find value to the steady-state voltage in the time domain : A) Write the KCL expression for this circuit and set it equal to zero. B) Find the voltage of Vo. C) Use your value of Vo. The final step is to use the inverse phasor-transform operation to transform this value.
How might the organizations identity influence structure : Consider the following scenario, a new firm, Bit Technology Inc., is deciding where to locate its facilities internationally.
Define what is the internal energy change for the gas : What is the internal energy change for the gas. Give your answer in joules (J), accurate to three significant figures
What is the cost variance : A software development project at day 70 exhibits an actual cost of $78,000 and a scheduled cost of $84,000. The software manager estimates a value completed of $81,000. What is the cost variance?
Calculate most positive and most negative values for output : For , R1 = 1000 -ohm, R2 = 500 -ohm,R3 = 5000 -ohm, and RL = 2000 -ohm. The source is sinusoidal, vi (t) =120 cos(2-ohm60 t). Using the piece-wise linear model for the diode
What are the original speeds of the father and son : A father racing his son has 1/4 the kinetic energy of the son, who has 1/3 the mass of the father.What are the original speeds of  the father and son
State what is the percentage by mass of ch4 in the mixture : When a 8.37-g mixture of methane, CH4, and ethane, C2H6, is burned in oxygen at constant pressure, 445.8 kJ of heat is liberated. What is the percentage by mass of CH4 in the mixture
Is the packaging process capable : The production manager has just learned that the packet-filling process average weight has dropped down to 85.0 grams. Is the packaging process capable? Is an adjustment needed?

Reviews

Write a Review

Operation Management Questions & Answers

  Armentrout broadened his product line and offering coffee

Armentrout broadened his product line, offering coffee, soft drinks, and breakfast items such as muffins and bagels He had become t friendly with a number of customers who often shopped to discuss the latest new's in the express

  Explain how should you buy the tickets for the 5-week period

A regular round-trip ticket costs $400, but a 20% discount is granted if the dates of the ticket span a weekend. A one-way ticket in either direction costs 75% of the regular price. Explain how should you buy the tickets for the 5-week period.

  Why did the united states respond to the concerns

Why did the United States respond to the concerns of the Teamsters? Why are those affected by Mexico's retaliatory tariffs not lobbying congress for relief? Should the United States protect the Teamsters at the expense of agricultural exporters in..

  Elucidate what would you have to do to the costs to assure

The supply also demand for economy cars also the total cost of moving these vehicles between sites are shown below. Elucidate what would you have to do to the costs to assure which A always sends a car to D as part of the optimal solution.

  Develop a forecast for the expected number

Use an appropriate technique to develop a forecast for the expected number of passengers for the next three weeks. (Round your intermediate calculations to 3 decimal places and final answers to 2 decimal places.)

  What are the input variables

You are thinking of opening a copy shop. It costs $10,000 to rent a copier for a year. It costs $0.025 per copy to operate the copier

  What is the diffrence among cost-benefit analysis

what is the diffrence among cost-benefit analysis, cose-effectiveness analysis and cost-utility analysis.

  What is the simple rate of return on the machine

It has a payback period of four years. What Is the simple rate of return on the machine?

  Illustrate what is the probability that both service clerks

Illustrate what is the probability that both service clerks are idle. Explain how many customers, on average, are waiting in line in front of each service desk.

  Determine the ordering cost

A food processor uses approximately, 27,000 glass jars a month for its fruit juice product Because of storage limitations, a lot size of 4.000 jars has been used.

  Explain the hierarchy of managers

Explain the "hierarchy of managers." Explain the roles of each of the three levels. What are the common characteristics of all companies? Can a manager have operation responsibilities?

  Bringing technology to poor families

Discuss this point below,Substantiate your discussion by providing an example from your own work/college experience or from current news.

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