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Tems11 [23]
2 years ago
15

What type of estimate is a cost estimation tool that involves estimating individual work items or activities and summing them to

get a project total
Business
1 answer:
Travka [436]2 years ago
6 0

The answer is Bottom-Up estimates.

Bottom-up estimating involves the estimation of work at the lowest possible level of detail.

The estimates so calculated are then aggregated to arrive at summary totals. The probability to meet the estimated amounts improves substantially by building detailed cost and time estimates for a work package.

In other words, bottom-up estimating approximates an overall value by approximating values for smaller items and using the sum of these values as the overall value.

This cost estimation tool is often used when detailed information is available about lower-level activities. It can be especially useful when estimating projects that are similar to ones that were completed in the past.

Hence, a Bottom-Up estimate is a cost estimation tool that involves estimating individual work items or activities and summing them to get a project total.

Learn more about Cost:

brainly.com/question/25109150

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Horizontal channel conflict can arise for a variety of reasons. An example would be a toy manufacturer selling its toys through
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Answer:

a. Undifferentiated products and variable prices in the various channels.

Explanation:

Horizontal Channel Conflicts arises when there is disagreement between two or more members of the channel. If the toy manufacturer sells toys to toy store and department stores, a possible reason for disagreement could be on variable price among the two channels.

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Caroline Perfumes is a premium, exotic women's fragrance company. The manufacturers of Caroline Perfumes
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Answer:

c. To focus on establishing a brand name

Explanation:

Specialty products are products that people want to buy because they are unique and are from a certain brand they prefer. According to this, the answer is that in this case, the objective of the  manufacturers of Caroline Perfumes would be to focus on establishing a brand name because that would create customers' loyalty and they would be willing to make an effort to buy the product.

7 0
3 years ago
Emerging markets are _______. Question 1 options: A. developing economies where goods and services are directly exchanged for ot
sergey [27]

Answer:

C. low-income countries characterized by limited industrialization and stagnant economies

Explanation:

Emerging markets are economies of developing countries. They are traditional economies based on the export of raw material and subsistence agriculture. Emerging markets are trying to move away from these types of economies by investing in manufacturing and adopting mixed economy models.  Emerging markets are transitioning from low income and less developed to industrialized economies with higher standards of living.

Lower than average per capita income characterizes emerging markets. They also experience moderate economic growth compared to the developed economy.  However,  emerging markets are presenting investors with an opportunity for high returns due to their rapid growth.  

6 0
3 years ago
You’ve decided to buy a house that is valued at $1 million. You have $250,000 to use as a down payment on the house, and want
LuckyWell [14K]

Answer: $6581.58

Explanation:

Based on the information given in the question, the mortgage payment per month will be calculated thus:

= [P x I x (1+I)^N]/[(1+I)^N-1]

where,

P = Principal = $750000

I = Interest rate per month = 10%/12 = 0.10/12 = 0.008333

N = number of installments = 30 × 12 = 360

Then, the equated monthly installment will be:

= [750000 × 0.008333 × 1.008333^360] / [1.008333^360-1]

= [750000 × 0.008333 × 19.8350386989] / [19.8350386989 - 1]

= 123964/18.835

= 6581.58

Under this loan proposal, your mortgage payment will be $6581.58 per month.

4 0
2 years ago
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