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Nutka1998 [239]
2 years ago
11

Tom is responsible for ordering hardware for a custom home his company is building. The contractor installing the hardware is sc

heduled to start in 5 working days, but the hardware is on backorder and will not arrive for another 9 working days. Fortunately, Tom has 10 days of slack; however, he shares this slack with the hardware installer. He will have to let the contractor know that the hardware will be ready 4 days later than expected and that the slack for the installer has been reduced by 4 days. Tom and the installer share 10 days of:
Business
1 answer:
ICE Princess25 [194]2 years ago
3 0

Answer:

Free slack.

Explanation:

In project management, free slack refers to the amount of time that a certain task can be delayed and not affect the completion time of the general project. Slack time can be considered "just in case" time, because even though delays should be minimized, rarely you can eliminate them completely, and slack time gives you a little extra room for managing projects.

In this case, the free slack time is 10 days, and this delay will consume 9 of them.

You might be interested in
What process involves identifying and controlling the functional and physical design characteristics of products and their suppo
soldi70 [24.7K]

Answer:

<em>Configuration management</em>

Explanation:

The configuration management process defines the guidelines and guidelines for managing the configuration of the project in a simple way, so that integrity is maintained in the work products during the execution of the project.

The configuration management by means of the identification and control of changes allows to guarantee the correct execution of the change and to inform the affected ones of the change.

5 0
2 years ago
Shaniqua s restaurant utilizes a contribution margin pricing system. She would like the selling price of a new menu item she is
Setler79 [48]

Answer:

Her kitchen Staff can spend up to $3.00 on product cost.

Explanation:

Selling price= $10.00

Margin= $4.00

Labor costs = $10.00*30% = $3.00

Selling Price = Contribition margin + Labor costs + Product Cost.

Isolating Product cost from the equation:

Product cost = Selling price - (Contribution margin + Labor costs)

Product cost = $ 10.00 - ($4.00 + $3.00)

Product cost = $ 10.00 - $7.00

Product cost = $ 3.00

The max. amount that kitchen staff can spend on product cost is: $ 3.00

7 0
2 years ago
Summer Dean was walking through the mall and found a gym bag lying on the ground. The decision Dean must make as to whether to k
suter [353]

Answer:

Ethics

Explanation:

Ethics also called moral philosophy involves how an individual systemises, defends and recommends the concept of right or wrong.

Summer is facing an ethical decision of either returning the bag or keeping it for herself. Her decision will be based on her definition of right or wrong.

If her moral philosophy is one that does not see theft as something that is wrong, she will decide to keep the bag. If on the other hand she sees keeping the bag that is not her own as wrong she will decide to return it.

6 0
2 years ago
Alt Corp. issues 5,000 shares of $10 par value common stock at $14 per share. When the transaction
TiliK225 [7]

Answer:

c. Common Stock $50,000 and Paid-in Capital in Excess of Par Value $20,000.

Explanation:

The journal entry is shown below:

Cash $70,000  (5,000 shares × $14)

     To Common stock $50,000  (5,000 shares × $10)

      To Additional Paid in capital in excess of par value - Common stock   $20,000  (5,000 shares × $4)

(Being the issuance of the common stock is recorded)

For recording this we debited the cash as it increased assets and at the same time it also increased the overall stockholder equity so common stock and the additional paid in capital for common stock is credited

6 0
2 years ago
If the roof a property cost $14,000 and its economic life is 18 years, what would its value be after four years using a straight
tester [92]
<span>Given:
 Cost of the roof of a property = $14,000
 Economic life = 18 years
   To find: value after 4 years using straight-line depreciation method. Solution:
  Loss of value per year = cost of roof of property / economic life of property

14000/18 = $777.78
   Every year, value of property is getting depreciated by $777.78.
   So, value after four years is calculated below:

   Value after 1 year = $(14000 - 777.78) = $13222.22
 Value after 2 year = $(13222.22 - 777.78) = $12444.44
 Value after 3 year = $(12444.44 - 777.78) = $11666.66
 Value after 4 year = $(11666.66 - 777.78) = $10888.88
   Value after four years = $10888.88</span>
6 0
2 years ago
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