The concept that should be included at the beginning of a new product's development cycle is B. Idea generalization.
<h3>What is idea generalization?</h3>
This is the first step in the process of coming up with a new product or project.
At this step, the innovator comes up with the various functions and goals that the product or project should accomplish. These will fuel the ideas surrounding how the product would work.
Options for this question include:
A. Product definition
B. Idea generalization
C. initial design
D. Commercialization
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Answer:
$111.53
Explanation:
CPI is a statistic applied to measure the average cost of a basket of usually-used goods and services in a period relative to some base period.
Consumer Price Index (CPI) =
=
Therefore, The value of the CPI in 2016 was $111.53 taking 2014 as base year.
Answer:
The correct option is C,when there is a fixed price contract
Explanation:
Bottom up estimating is a project management cost technique where the workers who are to work on the project make inputs in cost computation of the project.
Since the contract price of the project is fixed, the task left is for the agreed fee to be broken down into different areas of the project in order to determine the high cost and low cost areas in order that the cost attributed to a particular area of the project can be seen to be justified
Answer:
$224,320.00
Explanation:
PVA = A × <u> 1 - (1 + r)^-n </u>
r
Where PVA =
A =$18,000
r =10 % per year or 0.05 semi annually
n=10
PVA = $18,000 x<u> 1 -( 1+0.05)^ -20</u>
0.05
PVA =$18,000 x<u> (1 -0.376889)</u>
0.05
PVA= $18,000 x (0.62311/0.05)
PVA= $18,000 x 12.46222
PVA = $224,319.96
PVA= $224,320.00
Answer:
Competitive Strategy
Explanation:
The competitive strategy is carried out from the Strategic Planning, generating that the organizations can have a broad panorama of the competition and that advantages and disadvantages it has against them. makes the competitive advantages stronger in the market and its wider reach.