Explain democracy of goods, Operation Management

Assignment Help:

The concept of the "democracy of goods" means what?

1. Fill in the blanks: By Mistake, someone left spaces unfilled in the status report below.

a. Please complete the report by filling in the missing data.

b. Review the Earned Value analysis for Task C. What is your assessment of this project?

c. Review the Earned Value analysis for Task A. What is your assessment of this project?

Activity PV EV AC SV CV CPI SPI

A 100 100 150

B 200 90 0

C 350 -100

D 400 300 -50

E 175 150 25

TOTALS 1000

2. Consider the scenario shown in the following Table. As you can see, the work is linear with time but not linear with cost. One of your team member's tasks is planned to take five weeks. When you collect status, your team member advises you that he is only 60% complete and has spent $10,000 on the portion that has been completed. You were expecting a report that this particular task was 80% complete and that $8,000 had been spent.

a). What is the earned value for this task?

b). What is the status of this task?


Related Discussions:- Explain democracy of goods

Explain what does it mean to be a risk-tolerant organization, What does it ...

What does it mean to be a risk-tolerant organization? How does that relate to the level of creative that is likely to develop in an organization?

Describe the legalese of bribery and bartering, Discuss the legalese of bri...

Discuss the legalese of bribery and bartering? Compare and contrast business ethics of two foreign countries.

Describe how investigators may go about collecting evidence, Discuss the le...

Discuss the legality of the hacker's actions as described in the "Hacking into Harvard" article. Explain how investigators may go about collecting evidence if a crime was thought t

In selecting a foreign market the importance of the priority, In selecting ...

In selecting a foreign market, a screening process is used by a firm. In regard to this process, answer the following: a) The importance of the priority order of the steps in t

Explain interested in obtaining a measure of overall perform, Cunningham Pe...

Cunningham Performance Auto, Inc. modifies 375 autos per year. The manager, Peter Cunningham, is interested in obtaining a measure of overall performance. He has asked you to provi

Explain supervise the work of subject matter experts, Which of the followin...

Which of the following role and attributes do NOT describe the core team members on a project? A. Core team members often make project decisions jointly with the project manager

Explain forecast equipment usage, A dry cleaner uses exponential smoothing ...

A dry cleaner uses exponential smoothing to forecast equipment usage at its main plant. August usage was forecasted to be 88 percent of capacity; actual usage was 89.6 percent of c

Explain should health care workers receive the flu vaccine, Should health c...

Should health care workers receive the flu vaccine? I f not why not?

Explain generalized or specialized approach to work, To be a true strategi...

To be a true strategic partner, does HR need to take on a more generalized or specialized approach to work? Why?

List out reasons for the decision of the Production Manager, List out reaso...

List out reasons for the decision of the Production Manager backed up by the necessary data

Write Your Message!

Captcha
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