2. Given the data, answer the questions below. Activity Normal Time Normal Cost Crashed Time Crashed Cost (weeks) (Pesos) 30,000 20,000 40,000 (weeks) (Pesos) 50,000 1-2 12 7 2-3 8 35,000 70,000 2-4 4 3 3-4 5,000 500,000 5,000 150,000 750,000 4-5 11,000 710,000 11,000 220,000 1,107,000 4 4-6 12 6. 5-6 4 1 6-7 4 a. Suppose the project needs to be completed within 30 weeks, how much extra cost will be incurred to finish the project by this time? Which activity/ies must be crushed?
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- WBS Element Planned Value(PV) Earned Value(EV) Actual Cost(AC) 2.01 Airframe 48000 48000 50000 2.02 Engines 22000 21000 23000 2.03 Avionics 80000 60000 45000 2.04 Communications 30000 30000 30000 2.05 Tech. Manuals 42000 42000 48000 2.06 Spares 40000 35000 42000 2.07 Training 80000 80000 86000 Project Total 342000 316000 324000 Figure 14.1 Drug Surveillance Aircraft Project - Monthly Performance Report (October 31, 20XX) Consider the project performance report presented in figure 14.1. What valid conclusion can you draw regarding the project schedule performance as of October 31, 20XX? Select one: a. The project is $26,000 behind schedule. b. The project is 18 days behind schedule. c. The project is $26,000 ahead of schedule. d. The project is $18,000 behind schedule.* 00 A toy manufacturer has three different mechanisms that can be installed in a doll that it sells. The different mechanisms have three different setup costs (overheads) and variable costs and, therefore, the profit from the dolls is dependent on the volume of sales. The anticipated payoffs are as follows. Moderate Light Demand Heavy Demand Demand Probability 0.1 0.3 0.6 Wind-up action $325,000 $170,000 000ʻ06$ Pneumatic $300,000 $420,000 action 000ʻ00$ Electrical action -$600,000 $240,000 $800,000 Which action should be selected based on the expected payoff? All of the answer choices are correct Wind-up action Can't be determine with the information provided Electrical action Pneumatic action MacBook Air 000 000 02 F2 F4 DD F5 F6 F8 #3 & 2$ ) 3. 9 R2. A toy manufacturer has three different mechanisms that can be installed in a doll that it sells. The different mechanisms have three different setup costs (overheads) and variable costs and, therefore, the profit from the dolls is dependent on the volume of sales. The anticipated payoffs are as follows. Light Demand 0.25 $325,000 $300,000 -$400,000 Heavy Demand 0.3 Probability Wind-up action Pneumatic action Electrical action Moderate Demand 0.45 $190,000 $420,000 S170,000 $400,000 $800,000 $240,000 a. What is the EMV of each decision alternative? b. Which action should be selected? c. What is the expected value with perfect information? d. What is the expected value of perfect information? e. What is the expected opportunity loss?
- Problem Answer ALL questions from this section. Write your answers on the supplied answer sheet. Show sufficient work. If necessary, round intermediate calculations and final answers to three decimal places. J 1. The manager of a crew that installs carpeting has tracked the crew's output over the past several we eks, obtaining these figures: Week 10 20 30 43 50 6 Crew Size تمه 30 45 Yards Installed 96- 72- 92- 50, 699 52- 20 39 2₂ Compute the labor productivity for each of the weeks. On the basis of your calculations, what can you conclude about crew size and productivity?A company that makes food-friendly silicone (for use in cooking and baking pan coatings)is considering four independent projects shown, all of which can be considered to be viable for only 10 years. The company's MARR is 15% per year. Project A B C D First Cost, $ -1500 -2300 -5600 -7600 Annual net Income, $/year 200 460 1150 1200 Salvage value, $ 5 6 8 7 Determine which products to implement Financial values are in $1000 units. The present worth of project A is $___________, So project A is ___________(Rejected / Accepted) The present worth of project B is $___________, So project B is ___________(Rejected / Accepted) The present worth of project C is $___________, So project C is ___________(Rejected / Accepted) The present worth of project D is $___________, So project D is ___________(Rejected / Accepted)5) period. MARR is 10% per year compounded annually. Maintenance costs for a bridge are cyclic with the following costs occurring over a 5-year ΕΟΥ 2 3 4 5 Maintenance $50 million S75 million $75 million $75 million $150 million Cost a) b) capıtalized cost (worth) of the maintenance costs. Compute an equivalent uniform annual cost over a single 5-year maintenance cycle. It is anticipated that the sequence of costs will repeat every 5 years forever. If so, determine the
- Sheet 9: Q8 Planning model Q8. Use below table to to find the profit of the company, (production plan is 3000) Y slope 2500 2000 5500 65000 7500 95000 Unit price 15.5 Units 3000 Fixed cost 19000 Y(pkp) X(pkp) alope Var cot sotal cost SaleThe purchase price of a machine is 10,000 TL and the expected scrap value is 2,000 TL. The economic life of the machine is 5 years. Calculate the depreciation amount in the 4th year according to the Sum of Year Figures method of this machine 010455871 B A 857,14 TL 1.11,11 TL 919010455 1.066,67 TL 9871 1.523,81 TL D E F 1.428,57 TL 4559 G 2.133.33 TL 919010455 H 1.142,86 TLEnter the correct shirt order number from the Payoff Table: 1. Maximin Rule: ____ Shirt order 2. Maximax Rule: ____ Shirt order 3. Expected Payoff Rule: ____ Shirt order Decision $ Payoff Table by Game Outcome Shirt Order Win Lose Tie Options Prob=0.5 0.4 0.1 0 0 0 0 1000 800 -200 200 2000 1600 -1500 100
- 1. Decision Rules. A company is choosing a motorized mechanism for a new toy, a dancing ballerina (TippiToes) that is currently under development. Demand is uncertain. but the company is confident that demand will be: Light (25,000 units), Moderate (100,000 units) or Heavy (150,000) units. The payoff table for each mechanism (in $) is given below. Action: Choice of Mechanism Event Gears and Levers Spring Weights and Pulleys Pneumatic Light 25,000 -10,000 -125,000 -300,000 Moderate 400,000 440,000 400,000 300,000 Heavy 650,000 740,000 750,000 700,000 Questions: (1) Apply Maximax, Maximin, Minimax Regret, and EMV rules (assuming that the probability of Light demand is 0.1, Moderate demand is 0.7, and Heavy demand is 0.2) to decide what mechanism should the company choose? (2) What is the expected value of perfect information? (3) Draw a decision tree to solve this problem.c. Compute and tabulate the daily demand for each month in the table below (round off to the nearest whole number). MONTH PRODUCTION DAYS DEMAND FORECAST DEMAND PER DAY JAN 2022 16 150 ? FEB 2022 16 150 ? MAR 2022 23 250 ? APR 2022 21 250 ? MAY 2022 22 400 ? JUN 2022 22 500 ? JUL 2022 21 600 ? AUG 2022 20 750 ? SEP 2022 20 450 ? OCT 2022 20 250 ? NOV 2022 16 150 ? DEC 2022 16 150 ? TOTAL ? ? d. Assuming that MPQ Limited had adopted a level strategy for the year ended 31 December 2022, compute the average daily demand for the year (round off to the nearest whole number). e. Prepare a graph showing the monthly forecasts and average daily forecast (in units per day) for MPQ Limited.Dohini Manufacturing company had following 12 months of data on purchasing cost and number of purchase orders. Required: 1. Determine the high point and low point. 2. Calculate the variable rate for purchasing cost based on the number of purchase orders. (Round to nearest cent) 3. Calculate the fixed monthly cost of purchasing.(Round to nearest dollar). 4. Write the cost formula for the purchasing activity showing the fixed cost and the variable rate. 5. If Dohini manufacturing company estimates that next month will have 430 purchase orders, what is the total estimated purchasing cost for the that month?(Round to nearest dollar) 6. What if Dohini manufacturing wants to estimate purchasing cost for the coming year and expects 5340 purchase orders? What will estimated total purchasing cost be? What is the total fixed purchasing cost? Why doesn't equal the fixed cost calculated in Requirement 3?(Round to nearest dollar)
