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 how the components of the hawthorne study, Describe how the compone...

Describe how the components of the Hawthorne study are incorporated in current human resource functions? What was the main idea behind this study?

Explain mechanistic or organic organization, Does Mr. Goodnight want to cre...

Does Mr. Goodnight want to create more of a mechanistic or organic organization? Explain

Explain management principles applicable to organizing, The American Red Cr...

The American Red Cross has been asked to oversee the clean-up efforts in Japan after the earthquake and tsunami that occurred in March 2011. Analyze the management principles appli

Define hierarchy of needs, Assuming you agree with Maslow's "Hierarchy of N...

Assuming you agree with Maslow's "Hierarchy of Needs" how would you use the theory to motivate employees? If you accept theory "Y" assumptions, how would you be likely to motivate

MR, HOW DO YOU TREAT SAFETY STOCK COMPUTING MATERIAL REQUIREMENT SCHEDULE

HOW DO YOU TREAT SAFETY STOCK COMPUTING MATERIAL REQUIREMENT SCHEDULE

Explain the most important effect of card check recognition, The most impor...

The most important effect of card check recognition procedures on union representation elections would be to: A. Increase the likelihood of first contract settlement. B. Give

Monte carlo, explain the monte carlo simulation

explain the monte carlo simulation

Thus what exactly is a high performance organization, So what exactly is a ...

So what exactly is a high performance organization? Is this just another "buzz word" that American managers need to pay lip service to? Is there really any merit to having the crea

Explain future hold for traditional mass-media advertising, What does the f...

What does the future hold for traditional mass-media advertising?

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