Question
2 weeks prior to the international dinner, you decide to check your budget. You have earned $5500 and your planned vs actual spending are shown
2 weeks prior to the international dinner, you decide to check your budget. You have earned $5500 and your planned vs actual spending are shown in row 6.
1) Identify the cost and schedule variance and CPI/SPI. Interpret. Are we ahead or behind on schedule and budget?
2) Based on the data in the table below, should we be concerned about the final budget? Defend based on the Tracking Signal and Mean Absolute Ratio.
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Operations Management in the Supply Chain Decisions and Cases
Authors: Roger Schroeder, M. Johnny Rungtusanatham, Susan Goldstein
6th edition
73525243, 978-0073525242
