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

How may the social value of low versus high power distance, How might the s...

How might the social value of low versus high power distance influence how you would lead and motivate employees?

Explain how much of an impact does maturity, 1. How much of an impact does ...

1. How much of an impact does "maturity" level of the industry or company have on strategy? 2. Can you be innovative in a mature industry? 3. Can you be conservative in an in

Attract as well buyers to complete the on-line buying proce, It appears tha...

It appears that the potential to lose web site customers is a high rate (75%), so to provide research into troubleshooting to determine how to get customers to purchase product is

Graphical methods for aggregate planning, work force of 1300 units per mont...

work force of 1300 units per month.permit a maximum of 20% overtime at $40 per unit.ware house permit no more than 180 units carrying from month to month.this plan means that anyti

What is cutting stock problem, Consider the cutting stock problem that aris...

Consider the cutting stock problem that arises when a company manufactures sheets of standard width 100 and has commitments to supply 40 sections of width 40, 60 sections of width

Calculate mape for each data set, DO different forecasting techniques (F1 a...

DO different forecasting techniques (F1 and F2) were used to forecast demand for cases of bottled water. Actual demand and the two sets of forecasts are as follows: PREDICTED DEMAN

Define customer benefits, In this writing assignment, you will create a bro...

In this writing assignment, you will create a brochure advertising your services as a data repository. Research commercial data repositories. Be sure to understand this business mo

Determine the price to maximize profit, The Hickory Cabinet and Furniture C...

The Hickory Cabinet and Furniture Company has decided to concentrate on the production of chairs. The fixed cost per month of making chairs is $7,500, and the variable cost per cha

Explain labour vs employment arbitrator, Use this for questions 7 and 8: Yo...

Use this for questions 7 and 8: Your Company terminated an employee for stealing a ladder. The employee filed a grievance with the union. The union argues that the employee had ver

Explain does veil of ignorance concept make sense, Some ethical philosopher...

Some ethical philosophers are deep thinkers. In the area of distributive justice, the concept of ‘Veil of Ignorance' by John Rawls is not an easy concept to understand. In your own

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