Unit research associates-what is total cost for all drones

Assignment Help Operation Management
Reference no: EM131116455

Unit Research Associates (URA) has been asked to bid on a contract for 300 high tech surveillance drones for the NSA (Who claims they will be used to monitor “snow fall” in the Sierra Nevada Mountains). Fortunately, URA had completed a similar project for the Defense Department and has done a careful job of recording cost and efficiency data. Labor hours for the first of the DD drones was 5000 hours and the time for the 50th was 930. Similarly, material cost for the first of the DD drones was $50,000 in materials, while the 50th required just $40,000. For bidding purposes, labor cost is assumed to be $25/hour and an overhead rate of 20% added to the materials cost and 35% added to the labor cost for benefits and administration. Common practice in this industry is to add a 25% profit margin to the average cost of the delivered product.

What is the total cost for all 200 drones?

Reference no: EM131116455

Questions Cloud

How employees are motivated found in equity-tournament : In terms a first line supervisor would understand, discuss the beliefs of how employees are motivated found in equity, tournament and institutional theories. What are the implications of these beliefs for developing a pay structure?
Public utility from encouraging pronuclear energy position : Massachusetts passed a law forbidding any public utility from encouraging a pronuclear energy position in utility advertisements or in billing information provided to customers. Is the targeting speech protected under the freedom of speech clause? If..
The cost to manufacturer of flat panel displays : The cost to a manufacturer of flat panel displays for producing its newly designed TV Display 1000 is $250.00. The cost for Research and Development of their new product being sold to OEMs as a component product has been one million dollars. The sale..
New strategic direction from business research methods : Teeing Up a New Strategic Direction from Business Research Methods, 12e. by Cooper and Schindler. Any suggestions on the discussion questions at the end? Build the management-research question hierarchy, through the investigative questions stage. The..
Unit research associates-what is total cost for all drones : Unit Research Associates (URA) has been asked to bid on a contract for 300 high tech surveillance drones for the NSA (Who claims they will be used to monitor “snow fall” in the Sierra Nevada Mountains). What is the total cost for all 200 drones?
The legal considerations associated with diversity : According to Leonard (2008) effective supervisors must be prepared to manage a wide variety of people in the workforce in order to achieve the organizational goals and bottom line results. What are some of the challenges associated with supervising a..
Do to promote collaboration in your organization : According to Leonard (2008), teamwork has been a key ingredient in the formula for the success of great sports teams and businesses. Why is it important to establish teams or work groups in the workplace? What roles do the supervisors and managers ha..
What should be the main objectives for multinational firm : What should be the main objectives for a multinational firm with regard to its compensation policies? If an expat was making $75,000 a year in the US, what would be the difference in compensation for a similar position overseas? Use the country, Indi..
Major aircraft maintenance to unrelated company : You are the director of maintenance for Regional Airline Corporation (RAC), a U.S. regional airline. Knowing that the company is desperately seeking cost savings to allow it to remain competitive, you explore the option of contracting-out the corpora..

Reviews

Write a Review

Operation Management Questions & Answers

  What is the upper control limit

Twenty samples of n = 200 were taken by an operator at a workstation in a production process. The number of defective items in each sample was recorded as given in the following table. Management wants to develop a p-chart. The desired confidence lev..

  Propose a competitive training strategy that will improve

Propose a competitive training strategy that will improve the position of the business in the market. The strategy should include, at a minimum, an agenda of training activities

  Illustrate what is advantages of balanced scorecard approach

Illustrate what is advantages of balanced scorecard approach also elucidate how is differ from traditional approach.

  Describe the culture of the organization

Describe the culture of the organization and how the symbols convey the culture. Describe the strengths and weaknesses of the organization from a cultural perspective.

  Strategic management-essence of differentiation strategy

The strategy I chose was differentiation. According to Strategic Management, the essence of differentiation strategy is "you get what you pay for" (2014). Meaning, when companies sell items for a cheap, discounted price, the customer is going to expe..

  Compute the ending fifo inventory

Use the format in Exhibit 8-1 to compute the ending FIFO inventory and the cost of goods sold, assuming $90,000 in sales; beginning inventory 500 units @ $50; purchases of 400 units @ $50; 100 units @ $65; 400 units @ $80

  What are the four fundamental learning styles

What are the four fundamental learning styles? Define each style and provide a specific example of each based on your understanding. Then identify with the one learning style that best defines your learning style and why. Define each of the four stag..

  Examining the ethical issues organizations face

Prepare a 1,050- to 1,400-word paper examining the ethical issues organizations face when implementing change. Be sure to:

  What are the pros and cons of that strategy

Why are some U.S. companies, such as Eaton, reincorporating in foreign countries, such as to Dublin, Ireland, as did Eaton? What are the pros and cons of that strategy?

  Statistical quality control to monitor quality of product

XYZ corporation uses statistical quality control to monitor the quality of their product. They have determined the process average, representing the population proportion defective, is 0.02, and size of the samples is 100 units

  What are the features of standard normal distribution the

what are the characteristics of standard normal distribution? the hr department of an organization collects data on

  Strategic leadership and entrepreneurship analysis

What is your sphere of influence in your organization? Based on this, what impact can you have on the implementation of your business plan? What is your own bias? What hurdles do you anticipate? What leadership style(s) will you have to demonstrate? ..

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