Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Robin Lane has authorized using Management Reserves to expedite the shipping of components at an additional cost of $50,000. She has asked you to update

image text in transcribed
Robin Lane has authorized using Management Reserves to expedite the shipping of components at an additional cost of $50,000. She has asked you to update completion and cost estimates for the Blue Zuma project. Table A2.9 presents the revised estimates generated by the Blue Zuma project team. Based on this new information prepare a memo that answers the following questions: 1. When will the project be completed? How does this compare with the baseline completion date? 2. What is the new estimated cost at completion (EAC)? What is the new VAC? How does this compare with VAC based on the EAC, generated in Part S? Which of the two VACs would you have the greatest confidence in and why? 3. How do you think Robin will react given the priorities for this project? Include a tracking Gantt with a cost table for the estimated completion schedule. TABLE A2.9 Activity Start Date Finish Date Actual Duration Blue Zuma Project Revised Estimates to Market analysis 1/2/08 2/1/08 23 Completion Product design 2/4/08 3/20/08 34 Manufacturing study 3/21/08 4/22/08 23 Product design selection 4/23/08 5/13/08 15 Detailed marketing plan 10/28/08 11/24/08 20 Manufacturing process 8/1/08 9/18/06 24 Detailed product design 5/14/08 7/31/08 55 Test prototype 8/1/08 8/15/08 11 Finalized product design 9/19/08 10/16/08 20 Order components 10/31/08 11/6/08 Order production equipment * 10/17/08 11/3/08 12 Install production equipment 12/9/08 1/22/09 30 Celebrate 1/23/09 1/23/09 * Add $50,000 expediting cors

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_2

Step: 3

blur-text-image_3

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

Strategic Management and Competitive Advantage Concepts and Cases

Authors: Jay B. Barney, William Hesterly

5th edition

133129306, 0133127400, 9780133129304, 978-0133127409

More Books

Students also viewed these General Management questions