ENGR.ECONOMIC ANALYSIS
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ISBN: 9780190931919
Author: NEWNAN
Publisher: Oxford University Press
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- Economics URGENT PLEASE** As a PMO officer, you are asked to do an evaluation for a natural gas pipeline right in the middle of the project’s planned schedule. There are concerns that it will go over budget and schedule because 40 million dollars has been spent in the project so far. According to the project charter, the pipeline length is 72 km and must be completed in 6 months, with a budget of 57.6 million AUD. You performed an inspection and find out that installation of 30 km of pipeline has been completed. Using earned value analysis, answer the following questions: A) What is the earned value (EV) for this project at the time of inspection (month 3)? B) What is the planned value (PV) for this project at the time of inspection? C) Calculate the Schedule variance (SV) and the cost variance (CV) at month 4. What do they mean? D) Calculate the Schedule performance index (SPI) and the cost performance index (CPI) at the time of inspection. What do they mean? [ E) According to your…arrow_forwardDescribe Benchmarking Overview?arrow_forwardWhat is the mc of the 2nd unit 10 20 30 50arrow_forward
- Which one of these is not an agriculture analytics usecase? Select one: a.Intelligent monitoring & planning of crops b.Crop yield price and suplly prediction c. Estimation of defects in manufacturing line d.Diagnosis of diseasesarrow_forwardEconometrics and forecasting What is unit root problem? How does one solve the problem of unit root?arrow_forwardSAUCE uses 300,000 units of part X a year. Average purchase lead time is 20 working days while maximum is 27 working days. The firm's annual operations cover 240 days allowing for shutdowns for plant maintenance, holidays and Sundays. The firm wants to keep safety stock to guard against stock outs. What is the safety stock in units?arrow_forward
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