Spreadsheet Modeling and Decision Analysis: A Practical Introduction to Business Analytics
7th Edition
ISBN: 9781285418681
Author: Cliff Ragsdale
Publisher: Cengage Learning
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Chapter 1, Problem 12QP
Can a decision problem have more than one dependent variable?
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Earned value not only allows us to monitor and control a project, it also allows a method to predict certain project parameters. Besides the budget at completion (BAC), also known as project budget or the Cost column of Microsoft Project, forecasting in a project begins with three terms: estimate to completion (ETC), estimate at completion (EAC), and complete performance index (TCPI).
what does each of these mean in your o
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Would it make sense to apply EV principles in small maintenance projects or would this be more of a long term project?
Chapter 1 Solutions
Spreadsheet Modeling and Decision Analysis: A Practical Introduction to Business Analytics
Ch. 1 - Prob. 1QPCh. 1 - Prob. 2QPCh. 1 - Prob. 3QPCh. 1 - Prob. 4QPCh. 1 - What is the relationship between business...Ch. 1 - What kinds of spreadsheet applications would not...Ch. 1 - Prob. 7QPCh. 1 - Prob. 8QPCh. 1 - What is a dependent variable?Ch. 1 - What is an independent variable?
Ch. 1 - Can a model have more than one dependent variable?Ch. 1 - Can a decision problem have more than one...Ch. 1 - Prob. 13QPCh. 1 - Prob. 14QPCh. 1 - In what ways are descriptive models different from...Ch. 1 - Prob. 16QPCh. 1 - Prob. 17QPCh. 1 - Consider the spreadsheet model shown in Figure...Ch. 1 - Prob. 19QPCh. 1 - Prob. 20QPCh. 1 - Prob. 21QPCh. 1 - Prob. 22QPCh. 1 - Prob. 23QPCh. 1 - Prob. 24QPCh. 1 - Prob. 25QPCh. 1 - Prob. 26QPCh. 1 - Prob. 27QP
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- Talk negatively about one employee in front of another employee.the em walks away thinking, “If he talks this nasty about others behind their backs, then what does he say about me when I am not present?” Describe how you would handle this situation differently?arrow_forwarda). Explain any ten ways of involving women in the project activities in South Sudan. b). Explain any ten facilitation skills used in market system development (MSD) and why they are used. c). State ten reason why financial institutions does not want to give financial service to the small holders farmers and how to the address the issues. e). How to handle the complicated stakeholders during project implementation.arrow_forwardYou, as a tax advisor, receive a visit from a potential client: the CFO of an investment group, Mr. Sergio Bejerano. His venture capital investment group has undertaken multiple international investments through one of the group's entities, a corporation named International Ventures Corp., with tax residence in Delaware. The investments made include: The acquisition of 100% of a Colombian company owning a solar farm. This company has paid two million dollars in dividends. The acquisition of 75% of an Ecuadorian company owning a wind farm. This company has paid four million dollars in dividends. The acquisition of 100% of a United States company owning an online payment platform. This company has paid one million dollars in dividends. The acquisition of 100% of a company with tax residence in Hong Kong dedicated to holding activities. This company has paid twenty million dollars in dividends. International Venture Corp. provides the following services: Financial advisory…arrow_forward
- How automated is the project management process there at Amazon?arrow_forwardI've learned that when organizations are heavily engaged with project management that most of the projects processes are plug and play (so to speak), while only having to make adjustments to the templates based on the specific project happening at the time for the project manager. Do you find this being an accurate assessment? Or is it just as difficult to manage even when the organization has various templates in place?arrow_forwardDoes the Amazon for which you work, or one with which you are familiar, use earned value? If it does, briefly describe the system and discuss any changes or improvements you would make. If not, which process is used to monitor and control a project's performance? How effective is your organization's system?arrow_forward
- Gantt Chart Tools I File Task Resource Report Project View Help Gantt Chart Format PROJ592_Project Sample (4) Project Professional Tell me what you want to do Ozmen, Emre OE 0 g XX Mark on Track Inspect Summary Calibri 11 0% 25% Respect Links Gantt Chart Paste BIU Inactivate Manually Auto Schedule Schedule Move ▾ Mode Task Milestone Deliverable Notes Details Information Scroll Add to Timeline to Task View Clipboard Font ☑ Schedule Tasks Insert Planned Earned AC WBS Task Name Value - PV Value - EV (ACWP) ▾ SV ▼SPI CV CPI EAC ▾ BAC VAC Properties L, 2014 M M Half 2, 2014 J S Editing Half 1, 2015 N J M M 1234567 1 Theme Park Project $2,727,386 $1,612,694 $1,761,993 $1,114,692) 0.59 ($149,299) 0.92 $4,986,611 $4,564,080 ($422,531) 40% 1.1 Site Layout & Site Grad $20,000 $20,000 $20,000 $0 1 $0 1 $20,000 $20,000 $0 100% 1.2 Footings & Foundation $58,600 $58,600 $128,600 $0 1 ($70,000) 0.46 $128,600 $58,600 ($70,000) 100% 1.3 Masonry $181,200 $181,200 $181,200 $0 1 $0 1 $181,200 $181,200 $0…arrow_forwardHow do you see (what do you think is important about) the cost and budget health per CV? What would you recommend?arrow_forwardWhat are the benefits of using indices (SPI/CPI) compared to variances (SV/CV)?arrow_forward
- How do you see (what do you think is important about) the cost and budget health per CV? What would you recommend?arrow_forwardHow do you see (what do you think is important about) the schedule health per SV? What would you recommend?arrow_forwardWhat are the benefits of using indices (SPI/CPI) compared to variances (SV/CV)?arrow_forward
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