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 rapidly changing business landscape, In the light of a rapidly chan...

In the light of a rapidly changing business landscape, it is imperative for firms to monitor the six major environmental forces: demographic, economic, social-cultural, natural, te

Explain the forecast for aug based on a weighted moving, What is the foreca...

What is the forecast for Aug based on a weighted moving average applied to the following past demand data and using the weights: 5, 3, 1.5? (largest weight is for most recent data)

Explain what is the primary reason people buy, What Is The Primary Reason P...

What Is The Primary Reason People Buy And Own Major Appliance Such As Washing Machine. Is there a secondary reason as well?

Explain how would you measure customer profitability, How would you measure...

How would you measure customer profitability? What approach would you use in maximizing customer lifetime value? Explain

What factors would you consider in promotions distribution c, As the Market...

As the Marketing Manager for Proctor and Gambles Pet Nutrition and Care division you have been asked to consider launching a new dog food product in Mexico. What factors would you

Explain competitive strategy relate to value chain structure, How does comp...

How does competitive strategy relate to value chain structure?

How supply chain change works, An online retailer of a single product has f...

An online retailer of a single product has four major markets in the four "corners" (North-East, South-East, North-West and South-West) of a country. Assume that daily demand in ea

Define how supply chain management affected the organization, Reasearch a c...

Reasearch a company that uses supply chain management. Look how their organizational profitability is affected by the SCM. Incluce a descripiton of the company researched, expla

Demerits of a phased system roll-out for bombardier, 1) In your opinion, ho...

1) In your opinion, how does the visioning phase of the Bombardier ERP project impact the rest of the project? 2) What organizational outcomes did Bombardier expect with a succe

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