FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

1. What are the three basic types of cost estimating? Describe each type. (20 marks) 2. Describe three tools used in developing a good cost

image text in transcribed

1. What are the three basic types of cost estimating? Describe each type. (20 marks) 2. Describe three tools used in developing a good cost estimate. (20 marks) 3. Describe the concepts of informal methods for distributing information. How do they compare to formal methods for distributing information? (20 marks)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Management Fundamentals

Management Fundamentals

Authors: Robert N. Lussier

9th Edition

154438419X, 978-1544384191

More Books

Students also viewed these General Management questions

Question

★★★★★
According to the U.S. Census Bureau publication Manufactured Housing Statistics, the mean price of new mobile homes is $65,100. Assume a standard deviation of $7200. Let x-bar denote the mean price...

Answered: 1 week ago

Question

★★★★★
Clean Water Industries (CWI) is considering a new project involving the acquisition of a new machine that would replace an older machine currently in use. The new machine costs $750,000 (at t=0) and...

Answered: 1 week ago

Question

★★★★★
In China, Reckitt Benckiser Group recently adapted a marketing plan for its Veet hair-removal cream, encouraging Chinese women to be more conscious of body hair. Chinese women physically do not have...

Answered: 1 week ago

Question

★★★★★
1. What types of decisions must Chad Thomas make daily for his companys operations to run effectively? Over the long run? 2. How did sales and marketing affect operations when they began to sell...

Answered: 1 week ago

Question

★★★★★
1. What are the three basic types of cost estimating? Describe each type. (20 marks) 2. Describe three tools used in developing a good cost estimate. (20 marks) 3. Describe the concepts of informal...

Answered: 1 week ago

Question

★★★★★
You own 1,000 shares of stock in Avondale Corporation. You will receive a $0.80 per share dividend in one year. In two years, Avondale will pay a liquidating dividend of $35 per share. The required...

Answered: 1 week ago

Question

★★★★★
An individual has presented to you with the follow symptoms, what is a likely diagnosis? A female client was referred to you due to a report of neglect of her children. Her 5 and 9 year old children...

Answered: 1 week ago

Question

★★★★★
Nathan is frustrated with his instructor. He just doesn't understand Professor Jovian's lectures. Nathan is viewing lectures under what communication model? A. Public sphere model B. Interaction...

Answered: 1 week ago

Question

★★★★★
1. A crosshead tool is subjected to 4 forces as shown in the figure. Determine the magnitude of the resulting force.

Answered: 1 week ago

Question

★★★★★
QUESTION 1 Q1 Choose one . 5 points A moving electron has_ Only an electric field O Only a magnetic field O Both electric and magnetic fields O Neither electric or magnetic fields. QUESTION 2 Q2...

Answered: 1 week ago

Question

★★★★★
4. A boy is standing at the base of a tree. In the Bee are his "friends" throwing water-balloons full of hot sauce at him. It's not a prettyr scene. Our hero wants to hit one of (if not all of) these...

Answered: 1 week ago

Question

★★★★★
Teamwork.Technology. Join two of your classmates to research misleading visuals. (a) For one week, each of you will look for visuals that could be misleading. Keep notes of your findings and compile...

Answered: 1 week ago

Question

★★★★★
Ed Pappas, owner of Pappas Furniture City, has asked you to gather information about energy efficient lighting. Hes interested in learning whether installing energy saving fluorescent bulbs in the...

Answered: 1 week ago

Question

★★★★★
Celia Stryker and Stan Anthony have hired you to help them promote the opening of their business, the Coffee Cup. The specialty coffee shop is located on the corner of Star Street and Borderline Road...

Answered: 1 week ago

Previous Question Next Question