Jane is a project manager for a company that produces two special widgets each year for suppliers around the world. Jane receives a project schedule of 10 months and a budget with estimates of what it will cost to produce both widgets (shown below). The project requires 200 widgets to be produced per month for Widget A, and 100 widgets to be produced per month for Widget B. Activity Widget A Widget B Total Start Jan 1 Mar 1 Activity Widget A Widget B Total Time Elapsed End Aug 31 Aug 31 6 months 4 months Jane has budgeted $50 per widget for Widget A ($100,000/$2000), and $100 per widget for Widget B ($100,000/$1000). At the end of June, Jane's project team is six months into the project. Let's take a look at the progress Jane and her team have made: # of Widgets Produced Time Elapsed 8 months 6 months 800 400 Total Cost # of Widgets 2000 1000 $45,000 $35,000 $80,00 Total Cost $100,000 $100,000 $200,000 As the project manager, Jane must determine how well her project team has performed. Is she ahead of schedule or behind schedule, and is the project team over or under budget - and by how much?

Problem 3-18 (Algo) New car sales for a dealer in Cook County, Illinois, for the past year are shown in the following table, along with monthly indexes (seasonal relatives), which are supplied to the dealer by the regional distributor. Units Units Sold 767 787 817 817 Month Sold Index 0.70 0.80 Month Index 0.90 1.10 1.20 Jan. 643 Jul. Aug. Sept. Feb. 653 Mar. 638 0.60 Apr. May Jun. 738 0.94 Oct. 1.20 743 843 0.89 Nov. 827 1.20 1.00 Dec. 787 1.25 Click here for the Excel Data File b. Deseasonalize car sales. (Round your answers to the nearest whole number.) Month Deseasonalized Month Deseasonalized Jan. Jul. Feb. Aug. Mar. Sep Apr. Oc. May Jun. Nov. Dec.

n Project A Project B 0 -$7,000 -$5,000 1 -$2,500 -$2,000 2 -$2,000 -$2,000 3 -$1,500 -$2,000 4 -$1,500 -$2,000 5 -$1,500 -$2,000 6 -$1,500 -$2,000 7 - -$2,000 8 - - Suppose projects A and B are mutually exclusive. The required service period is 8 years and comparable equipment will be leased for $3,000 per year payable at the end of each year for the remaining years of the required service period. Which project is a better choice at 15%? Use PW(15%) criterion and show your equation with numbers plugged into factors and your numerical result for each option.

INTEGRATIVE CASE After working for years as a regional manager for a retail organization, Scott Parry opened his own business with Susan Gonzalez, one of his district managers, as his partner. They formed S&S to sell appliances and consumer electronics. Scott and Susan pursued a "clicks and bricks" strategy by renting a building in a busy part of town and adding an electronic storefront. Scott and Susan invested enough money to see them through the first six months. They will hire 15 employees within the next two weeks-three to stock the shelves, four sales rep- resentatives, six checkout clerks, and two to develop and maintain the electronic storefront. Scott and Susan will host S&S's grand opening in five weeks. To meet that deadline, they have to address the following important issues: 1. What decisions do they need to make to be successful and profitable? For example: a. How should they price products to be competitive yet earn a profit? b. Should they extend credit, and, if so, on…