Research and development for completely new technology

Assignment Help Operation Management
Reference no: EM131039240

Your company is bidding on a large project that will involve significant Research & Development for a completely new technology. What is the most appropriate contract type for you to use?

a. Firm fixed price

b. Standard purchase order

c. Fixed price with economic adjustments

d. Cost reimbursable.

Reference no: EM131039240

Questions Cloud

Based on the reading of organizational life stages : Based on the reading of organizational life stages, what life stage do you consider your organization to be in? How does the life stage impact the culture of the organization?
Efforts and events as depicted in the material provided : Specific to the Unionization Efforts for the Chattanooga Volkswagon Industrial Plant as depicted in this week's video clips: 1) Identify 3 Stakeholder Groups AND state each groups primary goal/interest as it relates to the unionization efforts/events..
Talent management in todays global environment : Following this week’s reading on talent management, how have your personal views on your own individual talent changed/remained the same? What are your recommendations to leadership in the strategic planning of talent management in today’s global env..
Information about project risk events is maintained in : Information about project risk events is maintained in:
Research and development for completely new technology : Your company is bidding on a large project that will involve significant Research & Development for a completely new technology. What is the most appropriate contract type for you to use?
Discuss how law must balance competing scientific opinions : The idea of global warming has not been universally accepted. Discuss how the law must balance competing scientific opinions and make decisions in light of uncertainty. How should this be done?
Employees performance is on of their most difficult tasks : Many managers say that evaluating an employee's performance is on of their most difficult tasks. Why do you think they feel that way? What can organizations and managers do to make it an effective process?
Checkbook for subsequent misappropriation of funds : Which of the following controls would best help detect the removal of a blank check by an employee from the back of a company's checkbook for subsequent misappropriation of funds? ?The use of pre-numbered checks. ?An accounting policies manual. ?Trac..
Potential to be an underground oil field : Shamrock Oil owns a parcel of land that has a potential to be an underground oil field. It will cost $500,000 to drill for oil. If oil does exist on the land, Shamrock will realize a profit of $4,000,000 (not including drilling costs). With current i..

Reviews

Write a Review

Operation Management Questions & Answers

  American business alliance versus the ceo of rush trucking

Andra Rush belongs to several volunteer organizations. Would her leadership style need to change as the president of the Native American Business Alliance versus the CEO of Rush Trucking? How would the Community Leadership Model apply to Andra Rus..

  Physician-patient relationship changed over the past century

How has the physician-patient relationship changed over the past century? Are the changes good or bad for the delivery of quality healthcare?

  Retirement account-home-summer cottage-investments

Ann and Ben are getting divorced, and they want to determine how to divide up their joint property: retirement account, home, summer cottage, investments, and miscellaneous assets. Ann and Ben are asked to allocate 100 total points to the assets.

  Deal with these repatriation problems effectively

What kinds of problems do expatriates face when returning home? Identify and describe four of the most important. What can MNCs do to deal with these repatriation problems effectively?

  Explain how much will the layout improvement be worth

She estimates that the new layout will cut the amount of walking for the average employee by 100 miles per year. Explain how much will the layout improvement be worth.

  Assignmrent on operations management and productivity

Hard Rock chefs are modifying the menu from classic American burgers and chicken wings to include higher-end items such as stuffed veal chops and lobster tails. Just as taste in music changes over time, so does the Hard Rock Cafe, with new menus, ..

  Describe why company want to adopt erp

Adopting an ERP (Enterprise Resource Planning) system is a key business as well as a technology decision. Why would a company want to adopt ERP?

  Describe the allocation of jobs to machines

Laura Middleton, the scheduler at a small Grand Rapids, Michigan plant, has six jobs which can be processed on any of six machines, with respective times as shown (in hrs) in the table. Describe the allocation of jobs to machines which will result ..

  Describe what is meant by the concept of groupware and

discuss what is meant by the concept of groupware and explain the conditions within the organization that are necessary

  Projects and programs as portfolio of investments

Portfolio management is a business strategy in which organizations view projects and programs as a portfolio of investments. Portfolio managers select projects with a strategic perspective. Project managers can become more successful when they develo..

  Where productivity depended upon the close cooperation

Jeff was one of several employees in a small department where productivity depended upon the close cooperation of everyone involved. He had a high potential and lived up to it, producing more than anyone else in the department. Do you agree with mana..

  Select a company or individual

Select a company or individual who you believe has a controversial reputation and give at least three suggestions of what they can do to help repair their image so they are viewed in a positive social light.

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