Explain democracy of goods, Operation Management

Assignment Help:

The concept of the "democracy of goods" means what?

1. Fill in the blanks: By Mistake, someone left spaces unfilled in the status report below.

a. Please complete the report by filling in the missing data.

b. Review the Earned Value analysis for Task C. What is your assessment of this project?

c. Review the Earned Value analysis for Task A. What is your assessment of this project?

Activity PV EV AC SV CV CPI SPI

A 100 100 150

B 200 90 0

C 350 -100

D 400 300 -50

E 175 150 25

TOTALS 1000

2. Consider the scenario shown in the following Table. As you can see, the work is linear with time but not linear with cost. One of your team member's tasks is planned to take five weeks. When you collect status, your team member advises you that he is only 60% complete and has spent $10,000 on the portion that has been completed. You were expecting a report that this particular task was 80% complete and that $8,000 had been spent.

a). What is the earned value for this task?

b). What is the status of this task?


Related Discussions:- Explain democracy of goods

Explain factors that are likely to create dramatic turns, Look into the fut...

Look into the future. Consider trends in society, technology, economics, environmentalism, and politics that can influence the future of W. L. Gore & Associates (Case 24) and Googl

Explain organizations periodically turn to, Organizations periodically turn...

Organizations periodically turn to _________ to meet demands for talent brought about by business growth and a desire for fresh ideas, or to replace employees who leave.

Explain credit union as opposed to a bank, Jo maintained a checking account...

Jo maintained a checking account at Second Bank. In April, the bank sent her a statement of her account for March, accompanied by the checks that the bank paid. Jo realized that on

Impact of product life cycle on operation strategy, Question 1: Describ...

Question 1: Describe the impact of product or service life cycle on operation strategy - Impact of each Stage (Introduction, development, growth, maturity, decline) - Descri

Explain workmen compensation act 1923, Explain Workmen Compensation Act 192...

Explain Workmen Compensation Act 1923. Workmen Compensation Act 1923: The significant terms in the Workmen Compensation Act 1923 are as below: a) Dependents: It means - a

Explain the forecasted demand for fudge, The forecasted demand for fudge fo...

The forecasted demand for fudge for the next four months is 140, 160, 90 and 70 pounds. A) What is the recommended production rate if a level strategy is adopted with no back order

Why babysitters not need technology to compete, Lawyers, babysitters, and c...

Lawyers, babysitters, and construction companys. But why wouldn't they need technology to compete?

Explain in your own words an aspect of work, Describe in your own words an...

Describe in your own words an aspect of work/life balance that might be considered a NOD Numbers Only Data and the implications of that data. Describe in your own words that as

How to avoid penalties, Select an article relating to workplace safety and...

Select an article relating to workplace safety and answer the following questions: 1. briefly summarize the article 2. What alternatives could the place of business have taken in o

Location, What are potential advantages and disadvantage of locating a prod...

What are potential advantages and disadvantage of locating a production facility in foreign country instead of using domestic location?

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