Answered step by step
Verified Expert Solution
Question
1 Approved Answer
can you explain how? 3 Backlog FACTS: 1 2 3 4 ASSIGNMENT: Calculate ending inventory of work in process or backlog in hours and staffing
can you explain how?
3 Backlog FACTS: 1 2 3 4 ASSIGNMENT: Calculate ending inventory of work in process or "backlog" in hours and staffing level. There are two calculations to perform: (1) Calculate the ending inventory of work in hours, and (2) calculate how many consultants the work will support at 70% utilization. Beginning WIP: 259,565 hours Work Charged (performed) this Period: 44,250 hours Work Deleted this Period: 1,850 hours Total Proposed Issued: 27,350 hours Conversion Ratio: 30% Scope Expansion: 2,100 hours Projected Utilization: 70% Hours = 223,770 Staffing = 154 5 6 7 ANSWER: 3 Backlog FACTS: 1 2 3 4 ASSIGNMENT: Calculate ending inventory of work in process or "backlog" in hours and staffing level. There are two calculations to perform: (1) Calculate the ending inventory of work in hours, and (2) calculate how many consultants the work will support at 70% utilization. Beginning WIP: 259,565 hours Work Charged (performed) this Period: 44,250 hours Work Deleted this Period: 1,850 hours Total Proposed Issued: 27,350 hours Conversion Ratio: 30% Scope Expansion: 2,100 hours Projected Utilization: 70% Hours = 223,770 Staffing = 154 5 6 7Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started