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A company modifies production automobiles to create custom hybrid vehicles for the high-end auto enthusiast market. They develop and build these custom designs as a single unit or at times in multiples of as many as 20 for larger orders. The orders are generated by the marketing department with help from the owners who participate in the management of the company. Each new order is assigned to a project team, which starts by making an estimate to the customer before a contract is signed. The project teams have a great deal of experience in these projects.
As would be expected, the owners are hands-on and have opinions on the estimates. The marketing folks also provide suggestions on what the customer is willing to pay.
What are some processes and techniques that you would suggest to make the budgeting process work well? Start with general but also provide some specifics as relate to creating detailed project budgets. Be sure to justify why you think your recommendations will work
Time to service for a customer is exp1ntially distributed with a mean of 15 minutes. Illustrate what is total time in system for this service. Determine average number of people waiting for service.
The number of no-shows is an approximated normal distribution with a mean of 1 and a standard deviation of 1. How many rooms the inn should overbook per night?
The company has incurred fixed costs of $2,800,000 to set up its manufacturing operation.If company plans to produce twice as many fishing boat as ski boat respectively with propotion 2:1:1
In case of a resume, a single error can put you out of competition. Question - Briefly illustrate conference explain how you plan to revise also proofread your final paper.
Bob sends Justin a notice that he has thirty days in which to request verification of the debt and that its payment will be suspended during that time
The PMI Code of Ethics is made up of four areas: responsibility, honesty, respect, and fairness. Discuss the area of respect and what it means for you, the project manager.
reliable during production and 100% reliable during setup. How many stamping presses will be required to accomplish the specified production?
Explain how many hours do you expect the assembly of the 100th unit to take. Is the contract‘s assumption about the average labour hours per unit valid or should the price be revised.
Do executives in organizations have an ethical responsibility to think about the fairness of the transactions or the consequences of the sale on the buyer when they sell stock at the top of the market
Annual holding costs are 37 % of unit price. Three hundred also ninety boxes are to be shipped also every box has a price of $154. Which shipping alternative would you recommend.
Calculate the schedule variance, schedule performance index,and cost performance index for the project to date
Elucidate how would you accommodate the special requires of different groups without appearing to show favouritism or offending other groups
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