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CHAPTER FIVE: Estimating Project Times and Costs (course name: project management)
Threpio Production has contracted with Artudee, Inc to overhaul the 30 robots at its plant. All the robots are similar and an 80% learning curve is appropriate. The number of hours that Artudee billed Threpio to complete the first robot overhaul was 460. Threpio pays $60 per hour for its services. Threpio wants to estimate the following:
a) How many hours will it take to overhaul the 15th robot?
c) How long will it take to complete robots 10 through 15 inclusive?
d) As the person who manages the costs for overhauling all equipment, what is your estimate of the cost of the entire contract for overhauling all 30 robots?
Explain what requirements and components are required for completing a CPM/PERT chart. Why do you believe standards are necessary for controlling website maintenance, and who should set these standards? Explain the difference between first-order and ..
Given that x_1=10 and x_2 = 30 is an optimal solution to the primal, determine which constraints are tight and the value of the optimal solution. use the theory of complimentary slackness to find the optimal solution to the dual and tis optimal solut..
In a four- to- five- page paper (excluding the title and references page), address organizational processes and change. Write a paper using the five steps in the organizational process found on page 200 in the text. In your paper, you must
A manufacturer of mp3 players is preparing to set the price on a new model. Demand is thought to depend on the price and is represented by the model: D=2,000 – 3P. The accounting department estimates that the total costs can be represented by: C=5,00..
What are the principles guiding general education? What are the most important concepts learned from general education? And how can the knowledge and skills learned shape your personal and professional development?
Evaluate the data to draw relevant information - Analyze how your results enhance, support, or change the portions of the OIP you have already developed - Identifying data collection tools that would be appropriate for your OIP.
What are some tips for the writing skills test (WST). Consider the four generic business strategies defined by Michael Porter. How do they compare and contrast with each other? What are the pros and cons of a "hybrid" strategy? How is it achieved? Wh..
Post WWII ideological differences drove diplomacy, which resulted in a significant split between the United States and the USSR. In this paper, you will use footnotes and provide at least 2 bibliographical entries using the Turabian Method.
What are the pros and cons of job-based pay? What are the pros and cons of person-based pay? How do you explain either of these pay structures to potential job candidates? In other words, what’s important to tell them?
All of the following are benefits of modeling except:
Control quality generally includes all of the following EXCEPT: Using management by objectives Repairing defects Providing specific measurements for quality assurance Implementing approved changes as directed by the project’s integrated change contro..
What are key human resources concerns and considerations related to compensation when an organization expands and moves into two or more geographical markets? Will total compensation in existing markets be affected by the organization's expansion ..
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