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xenn [34]
2 years ago
7

The approach to estimating project time and cost that begins with an overall estimate for the project and then refines estimates

for various stages of the project as it is implemented is known as ____________. Multiple Choice range estimating phase estimating method parametric procedure template method WBS method
Business
1 answer:
densk [106]2 years ago
5 0

Answer:

phase estimating method

Explanation:

The approach to estimating project time and cost that begins with an overall estimate for the project and then refines estimates for various stages of the project as it is implemented is known as PHASE ESTIMATING METHOD

The above statement is based on the fact that PHASE ESTIMATING METHOD is applicable whereby the total estimate of a product life cycle is extremely difficult to ascertain.

Instead, to get the estimate, each elemental stage is estimated one after the other, with the immediate stage having an elaborate estimate, while the subsequent stages having a brief or overview estimate.

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Ruggles Circuit Company manufactures circuit boards for other firms. Management is attempting to search for ways to reduce manuf
boyakko [2]

Answer:

B) Rearrange the production floor.

Explanation:

First step is to calculate the manufacturing labor costs for the Current operations and new proposal

Calculation for the manufacturing labor costs for the Current operations

Current operations manufacturing labor costs =5 workers * 2,100 hours * $8.00

Current operations manufacturing labor costs = $84,000

Calculation for the manufacturing labor costs for the new proposal

New Proposal manufacturing labor costs=4.5 workers *2,000 hours * $9.00

New Proposal manufacturing labor costs = $81,000

Based on the above calculation the decisions that the management should accept is to REARRANGE THE PRODUCTION FLOOR if they want to reduce the company manufacturing labor costs reason been that the manufacturing LABOR COSTS for the current operations is $84,000 which means it is higher than the manufacturing LABOR COST for the new proposal which is $81,000

Therefore the management should REARRANGE THE PRODUCTION FLOOR because with the new proposal manufacturing labor costs will reduce.

8 0
3 years ago
Despite Alisa’s request for a 7% wage increase for workers with seniority, Katherine flat out rejects the request and cites the
inysia [295]

Answer:

Legitimate power.

Explanation:

Legitimate power is one that a person hold as a result of their position in an organisation.

They formally hold a position if authority that enables them exercise such power.

For example in the community the police has the authority to arrest law offenders.

This type of authority tends to be on official matters that have a set guideline.

In the given scenario Katherine rejects Alisa’s request for a 7% wage increase for workers with seniority and cites the fact that the company has a salary freeze for all employees.

The freeze is an official guideline in place within the organisation, and Katherine is enforcing it.

8 0
2 years ago
Which of the following is the best reason for including a photograph in a formal business document?
Luba_88 [7]

C. Your reader wants to see exactly what your product looks like.(APEX VERIFIED)

4 0
3 years ago
Read 2 more answers
If a monopolist is able to increase the amount of product she sells from 400 to 420 units by lowering the price of that product
elixir [45]

Answer:

-$55

Explanation:

The computation of the marginal revenue is shown below:

As we know that

Total revenue = Price × Quantity

For 400 units, the total revenue is

= 400 × $50

= $20,000

And for 420, the total revenue is

= 420 × $45

= $18,900

Now the marginal revenue is

= ($18,900 - $20,000) ÷ (420 units - 400 units)

= -$55

4 0
3 years ago
John buys a watch for $100 at a vintage store. Later, the store learns that the watch was worn by Sean Connery in a James Bond m
ivann1987 [24]

Answer

The store cannot rescind their decision because the ownership of the goods has passed from the seller to the buyer in this case john

Explanation :This can be defined as a situation whereby the seller agree to sell the goods to the buyer in exchange for value known as money.in contract for the sale of goods, there is sale and agreement to sale. Sale is when the seller has agreed to sell the goods to the buyer in exchange for value known as money and the buyer has actually made payment for the goods.in this case, the ownership of the goods has passed from the seller to the buyer.

On the other hand,agreement to sale is when the seller has agreed to sell the goods to the buyer in exchange for money but the buyer has not made the payment. In this case,the ownership of the goods is still with the seller . Therefore, in the case of John who is a subject of our discussion, John has bought the watch from the store and made payment for it.John has the right to enjoy the watch under the law. If the seller now wants to deny John the right to have value for his money.John had the right to seek redress in the court of law in defence of his right to have value for money by enjoying the watch which he had bought from the store with his hard earned money.

3 0
3 years ago
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