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fgiga [73]
1 year ago
14

For a project, the following earned value data have been assessed: AC: $ 4,000,000 CV: $ -500,000 SPI: 1.12 BAC: $ 9,650,000 Wha

t is the Planned Value (BCWS) of the project at the time of the assessment?
Business
1 answer:
Morgarella [4.7K]1 year ago
7 0

Answer:

The BCWS is also known as Planned Value (PV).

So, in this way, <em>PV = 3.125.000</em>

Explanation:

With the data we can obtain the PV as follows:

First, let's calculate EV as EV = CV + AC.

EV = -500.000 + 4.000.000 = <em>3.500.000</em>

After this, we can calculate PV with this formula: SPI = EV/PV

PV = EV/SPI

PV = 3.500.000/1.12 = <em>3.125.000</em>

<em />

<em>We can conclude, with these results, that the project actually is forward about the schedule but with an overcost about the budget. In other words, the project advance must be 41%  but now is on 36% due to the negative variance on the costs (CV).</em>

<em />

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Frederick W. Taylor is speaking to a friend about scientific management. Which of the following statements might Frederick say?
zvonat [6]

Answer:

(A) The best way to increase your workers' productivity is to study their movements carefully. Figure out the fastest way to get the job done correctly, and then train all of the employees to do it the same way.

(B) Are you promoting people just because you like them? Try having managers make promotion decisions solely on the basis of a person's technical ability to do the work.

Explanation:

<em>Scientific Management theory</em> laid out by <em>Frederick W. Taylor</em> focuses on <em>effective (best) and efficient (less costly)</em> way of getting the work done.

(1) Statement A focuses on <em>motion and time studies</em> respectively.

In <em>motion studies</em>, we are concerned with elimination of unnecessary movements and activities required to perform a job. For eg, in order to manufacture 100 packets of biscuits, 5 processes are required but the processes currently used are 10, so 5 processes must be eliminated in order to save time and costs.

<em>Time studies</em> implies setting up time for performing a particular work activity. The time must be same for all the workers and could be based on the past factory time data of the activity. For eg, an average time per worker can be calculated for the activity taking into consideration the total time spent by total no. of workers on a particular work activity.

(2) Statement B focuses on promoting the persons based on their technical ability to do the work.

<em>Differential piece wage system</em> of F.W. Taylor applies perfectly to this statement. It prescribes paying workers as per the work done by them. For eg, a worker producing 15 units of a good per day would be paid $ 12 a unit, let's suppose and the worker producing less than that would be paid $ 10 a unit. So, the workers producing 15 and more units of a good, have higher technical ability with respect to the production of that good and hence, higher pay. The workers producing less than 15 units have lower technical ability and hence lower pay.

(3) Statement 3 relates to the administrative principle of "Unity of Command" laid out by Henry Fayol and hence, is not the solution statement.  

4 0
1 year ago
g Tadeo Corp. has provided a part of its budget for the second​ quarter: Apr May Jun Cash collections $ 42 comma 000 $ 45 comma
timofeeve [1]

Answer:

A. 68,800

Explanation:

Cash balance at end of April is = Beginning cash balance on April 1st + Cash collection in April - Purchase of Materials in APril - Operating Expense in April - Capital Expenditures in APril =  14000 + 42000 - 7000 - 7000 - 5000 = 37000

Cash balance at end of May is = Beginning cash balance in May + Cash collection in May - Purchase of Materials in May - Operating Expense in May = 37000 + 45000 - 7200 - 6000 = 68,800

4 0
1 year ago
Senath Company's annual report reveals net credit sales of $240,000 and average accounts receivable of $20,000. The report also
kirill115 [55]

Answer:

b. the average number of days to collect receivables is 31.

Explanation:

The calculation of average number of days is shown below:-

Accounts receivable turnover = Net credit sales ÷ Average accounts receivable

$240,000 ÷ $20,000

= 12    

Average number of days to collect receivable = Number of days in a year ÷ Accounts receivable turnover

= 365 ÷ 12

= 31 days

Therefore for computing the average number of days to collect receivable we simply divide accounts receivable turnover by number of days in a year.

7 0
2 years ago
Read the passage. What should Jake do? What professionalism skills would he be using?
faltersainse [42]
<h2>Jake should use multi-tasking skill.</h2>

Explanation:

An employee with multi-tasking skill grows well in an organization because he can handle multiple responsibilities and that is what the need of the hour.

Jake should also prioritize the work to do multi-tasking. According to the given situation.

1. Clarify the client first. Clients are king. They bring business.

2. Make the changes in the previous report. Because this is rework and better to complete it soon.

Below are fresh works.

3. Review the report written by the co-worker

4. Write your own report.

6 0
2 years ago
Claudia feels strongly against a law that was recently passed in her hometown. She proceeds to write letters to the local newspa
Evgesh-ka [11]

Answer:

Option(b) is the correct answer to the given question

Explanation:

The main objective of the first amendment says that freedom and rights regarding to the correct to the protest, religious faith, appearance as well as assembly.This law is all about the freedom to all the region of the person .

  • The first amendment prohibits Congress both from supporting yet another religious belief over the other and prohibiting the religious beliefs of even a person as well.
  • As claudia writing the letters to the news paper supportive of the law's effect. She also protests upwards the sidewalk, noisily promoting her viewpoint in front of town hall it is similar to  first Amendment  law.
  • All the other option are not related to the given scenario that's why these are incorrect option .
5 0
1 year ago
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