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nignag [31]
3 years ago
15

The IT (Information Technology) implementation project is bogging down and falling behind schedule. The department heads are com

plaining that the project cannot help them if it is not implemented in a reasonable timeframe. Your project manager is considering putting extra resources to work on activities along the critical path to accelerate the schedule, which will also increase the cost. This is an example of what?
Business
1 answer:
Tomtit [17]3 years ago
4 0

Answer:

Crashing

Explanation:

The scenario perfectly explains 'Crashing', which is employed by project managers when deadlines of projects come closer. If a project is to be completed within the schedule in order to achieve it's intended benefits but with all the existing resources it's not becoming possible to have it completed on time, in such cases additional resources are brought in for completing the project or if securing of additional resources isn't possible, then under crashing, requirements or scope of the project could be reduced after taking major stakeholder's agreement. The purpose of crashing is to achieve maximum reductions in time with incurring minimum additional cost.

You might be interested in
Way Cool produces two different models of air conditioners. The company produces the mechanical systems in their components depa
katrin [286]

Answer:

Plantwide Overhead Rate $ 213.61 per hour

1) Overhead Cost Model 145=$ 487062.56

1) Overhead Cost Model 211= $ 1153494

<u>Total Cost per unit      </u> Model 145  <u>           696.29       </u>  Model 212 <u>                        $406.56</u>

Explanation:

Plantwide Overhead Rate = Total Estimated Overhead/ No of Machine Hours

        Process Activity Overhead                Cost Driver Quantity

Components Changeover $ 459,500        Number of batches 810

$ 459,500/810= $567.28 per batch

Machining 301,600                                       Machine hours 7,680

301,600/ 7,680 = $ 39.27

Setups 227,500                                              Number of setups 80

<u>227,500   /80=2843.75 per set up                                                    </u>

<u>$ 459,500 +301,600  +227,500  =</u><u>$ 988,600                                    </u>

Finishing Welding $ 180,500                         Welding hours 4,900

$ 180,500/  4,900= $ 36.84 per welding hour

Inspecting 222,000                                    Number of inspections 815

222,000/815 = $ 272.39 per number of inspections

Rework 60,700                                            Rework orders 230

<u> 60,700 /230 = 263.91 per rework order                                                 </u>

<u>$ 180,500+ 222,000+  60,700 =</u><u>$ 463,200                                           </u>

Support Purchasing $ 135,500                  Purchase orders 525

$ 135,500 / 525 = $ 258.10 per purchase order

Providing space 31,550                              Number of units 4,800

31,550/4800=   $ 6.57 per number of unit

Providing utilities 60,110                             Number of units 4,800

<u>60,110  / 4800= $ 12.53                                                                             </u>

<u>$ 135,500+ 31,550+60,110  </u><u>=$ 227,160                                                     </u>

Additional production information concerning its two product lines follows.

                                       Model 145           Model 212

Units produced                 1,600                   3,200

Welding hours                  2,000                   2,900

Batches                                405                     405

Number of inspections         485                     330

Machine hours                   2,280                   5,400

Setups                                 40                          40

Rework orders                       130                      100

Purchase orders                   350                        175

1)Plantwide Overhead Rate = Total Estimated Overhead/ No of Machine Hours

Adding the Estimated Sub Totals we get

Total Estimated Overhead=$ 988,600  + $ 463,200  + $ 227,160

Total Estimated Overhead= $ 1678960

No of Machine Hours= 7860 (given)

Plantwide Overhead Rate =$ 1678960/7860= 213.608= $ 213.61 per hour

Overhead Cost Model 145=$ 213.61 per hour* 2,280  hours

1) Overhead Cost Model 145=$ 487062.56

1) Overhead Cost Model 211=$ 213.61 per hour* 5400 hours= $ 1153494

2)                          Model 145                               Model 212.

Direct Materials                                                     $ 130

Direct Labor             $200

Overhead Costs       $567.28* 405                        $567.28*405

                                     =   229784.4                            =    229784.4

                                  $ 39.27*2280                      $ 39.27*5400

                                      = 89535.6                             =212058

                                    2843.75*40                        2843.75* 40

                                      =113750                              =113750

Subtotal                       433070                                 555592.4

                                  $ 36.84*2000                        $ 36.84 *2900

                                  =73680 i                                     = 106836

                                  $ 272.39* 485                         $ 272.39* 330

                                     =132109.5 ii                              =  89888.7

                                    263.91*130                            263.91 *100

                                      =34308.3 iii                             =26391

Subtotal                 i+ii+iii= 240097.8                               223115.7

                                    $ 258.10*350                     $ 258.10*175

                                       =90335 i                                = 45167.5  a

                                      $ 6.57 *1600                     $ 6.57 *3200

                                       = 10512 ii                                 =21024  b

                                      $ 12.53 *1600                       $ 12.53 *3200

                                        =20048 iii                              40096  c

Subtotal                 i+ii+iii= 120895                               a+b+c = 106287.5

Total Overhead             794062.8                                      884995.6    

No of Units                   1600                                                3200        

Total Overhead Cost Per Unit   496.29                           276.56

Direct Labor                        $200                            

Direct Materials              <u>                                             $130</u>

<u>Total Cost per unit                 696.29                               $406.56</u>

3 0
3 years ago
Leslie's Unique Clothing Stores offers a common stock that pays an annual dividend of $2.40 a share. The company has promised to
Blizzard [7]

Answer:

The maximum amount that should be paid for one share of this stock today is $15.29

Explanation:

The price of a stock which pays a constant dividend forever can be calculated using the zero dividend growth model of the Dividend Discount Model (DDM) approach. The DDM values a stock based on the present value of the expected future dividends from the stock discounted using the required rate of return on stock.

The formula for price under zero growth model of DDM is,

Price today (P0) = Dividend / required rate of return

P0 = 2.4 / 0.1570

P0 = $15.286 rounded off to $15.29

5 0
3 years ago
2. Pure Water is considering buying new production equipment. The new equipment will increase fixed costs by $200,000 per year a
BARSIC [14]

Answer and Explanation:

The computation is shown below:

But before that we need to do the following calculations which are shown below:

The Contribution per unit of faucet is

= $75 - $15

= $60

And, the Contribution per unit of pitcher filter is

= $100 - $30

= $70

Now Contribution per unit in present sales mix is

= [($60 × 2) + ($70 × 3)] ÷ 5

= ($120 + $210) ÷ 5

= $66 per unit

And

The Fixed cost is

= $1,000,000 + $200,000

= $1,200,000

Now  

Break even units is

= $1,200,000 ÷ $66 per unit

= 18,181.81 units

For faucet, it is

= (18,181.81 × 2) ÷ 5

=  7,272.72 units

For pitcher filter, it is

= (18,181.81 × 3) ÷ 5

= 10,909.086 units

4 0
3 years ago
Bombs Away Video Games Corporation has forecasted the following monthly sales:
levacccp [35]

Answer:

I have attached the excel file which shows the entire calculation of all the parts of your question. Majority of the numbers are linked so that its easy for you to understand. Key points before you look into file.

1) Number of units have derived by dividing revenue over sales price per unit which is $5

2) Production units are calculated by dividing total sales unit by 12 (as mentioned in the question)

3)Keep in mind that 80% of revenue will be received next month of the sales therefore also include in January sales receipt the 80% revenue of previous month

Explanation:

Download xlsx
7 0
3 years ago
Read 2 more answers
Name four important ways you can protect the health and safety of your salon clients
Sholpan [36]

Answer:

1. prevent the proliferation of insects that affect good health.

2. Maintaining a clean and pure environment.

3. adapt the facilities to prevent accidents.

4. Have top equipment for the convenience of customers.

5 0
4 years ago
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