How measures are interpreted with operations management, Operation Management

Assignment Help:

Your project to obtain charitable donations is now 30 days into a planned 40-day project. The project is divided into three activities. The first activity is designed to solicit individual donations. It is scheduled to run the first 25 days of the project and to bring in $25,000. Even though we are 30 days into the project we still see that we have only 90% of this activity complete. The second activity relates to company donations and is scheduled to run for 30 days starting on day 5 and extending through day 35.We estimate that even though we should have (25/30) 83% of this activity complete, it is actually only 50% complete. This part of the project was scheduled to bring in $150,000 in donations. The final activity is for matching funds. This activity is scheduled to run the last 10 days of the project and has not started. It is scheduled to bring in an additional $50,000. So far $175,000 has actually been brought in on the project. Calculate the schedule variance, schedule performance index, and cost (actually value in this case) performance index. How is the project going? Hint: Note that this problem is different since revenue rather than cost is the relevant measure. Use care in how the measures are interpreted. Operations Management


Related Discussions:- How measures are interpreted with operations management

Straighten(seiton)&sustion(shitsuke), explain and give for examples hotels ...

explain and give for examples hotels services...how them service ?

Analyze the points involved in preparing a cash budget, Analyze the steps i...

Analyze the steps involved in preparing a cash budget and determine which steps presents the GREATEST number of obstacles to the GREATEST number of small businesses. Explain your r

Justify the duration of the simulation and assumptions, Alabama Airlines op...

Alabama Airlines opened its doors in June 1995 as a commuter service with its headquarters and only hub located in Birmingham. A product of airline deregulation, Alabama Air joined

Discuss fully collection credit company, 1. Elton is a limited partner in D...

1. Elton is a limited partner in Destiny Tours, a limited partnership. Collection Credit Company, a Destiny creditor, claims that Eton is subject to personal liability for Destiny'

Explain penultimate law of the land, A constitution is best described as: A...

A constitution is best described as: Answer the statutory law of the land the fundamental law of the land the supplementary law of the land the penultimate law of the land the acce

Look to shareholders - financial perspective, Look to Shareholders - Financ...

Look to Shareholders - Financial Perspective  In this perspective, the company identifies individual function contribute to the accomplishment of its overall mission and strat

Management , Management Management can be elucidated as an art or scie...

Management Management can be elucidated as an art or science, (however, it is  combination of  art and science) of getting things completed by the people, by planning coordina

Explain procedure of job evaluation, Explain procedure of job evaluation. ...

Explain procedure of job evaluation. Procedure of Job Evaluation:   The procedure for job evaluation is as specified below: (i)  Know the jobs to evaluate. (ii) Selec

Define conflict within a project team, What are the consequences of ignorin...

What are the consequences of ignoring a conflict within a project team?

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