Cost underestimation

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    New Mexico Case

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    22 to recover excess costs associated with the underground installation of a new distribution project within the City of Rio Rancho (“CRR”), NM, an approximately 6,580 ft. three-phase distribution line (“Project”) that will interconnect the existing Veranda Unit II transformer (“VII”) and the existing Black Ranch Feeder 14 (“BR14”). PNM Exhibit VHC-2 shows the location of this project. They are also requesting two variances, the first is a variance from 17.9.530 NMAC (minimum standard data requirements) based on the limited and specialized character of Rider 46 as well as this being a new, non-existing…

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    White Construction Cost Estimating Process Overview There are several different levels of estimating used in estimating cost for a construction project. Each level serves a different purpose, dependent on the stage of the project, and has varying margin of errors. Estimates made during earlier stages have a larger margin of error compare to the final estimate report. In this text, the process of preparing a detailed cost estimates will be the main topic with an emphasized on White Construction’s…

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    One approach is one-to-one debate. Now Ed Pryor, the vice president of sales represents the voice of sales, however, there are different voice in the department of design and production. For example, Cory Wu, manager of software and firmware design also thinks the cost of producing the new product is too high. Also, Alice Gorga was absent the last meeting, and I do not know his attitude about the problem. Therefore, I think an important step is integrating the opinions inside the party of design…

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    At first, this study quantified the cost of CO on rural road maintenance contracts. Then the study identified the causes of CO and its preventative measures in road maintenance activities. Lastly the study developed change order contingency estimating tool and schedule crashing tool in order to assist in change management system of these contracts. The main conclusions and limitations of these three phase studies are described below. This study determined the amount of CO on road maintenance…

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    YEAR 10 PASS ASSIGNMENT How has technology impacted on the Olympic Games? Consider: 1. How has technology contributed to the performance levels at the Olympics (5 Marks) 2. The Impact of technology for participants, officials, coaches and spectators (5 Marks) 3. What are the major ethical implications of the use of technology at the Olympics? (5 Marks) 4. In your opinion how will future advancements in technology effect i) Future Olympics ii)…

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    Project Management

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    1. Introduction Whether the task is large or small, the essential approach to the task of project management is the application of knowledge, skills, tools and techniques to project activities to meet requirements. With a defined start point and end date as a project manager the following issues are kept in mind of any project; the environment, how the project is defined, the planning of the project and whether the project management is adequate or adequately controlled. Project management…

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    Space Age Furniture Company Operations Management BUS 644 Dr. O'Leary June 08, 2013 Space Age Furniture Company The Space Age Furniture Company manufactures tables and cabinets to hold microwave ovens and portable televisions. In this paper, I will explore ways that the company can be more efficient in the time to manufacture these parts and the overtime hours involved. To accomplish this, I will look at the type of operation, trade-off between the costs of overtime and inventory, ways…

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    Decision Trees Case Study

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    with a 10% bonus commission for each item sold 10.3 – Refer to Figure 10.26: Interpret sensitivity analysis – the variable cost of high investment +10%. a) How sensitive is the optimal solution to changes in this variable? It is sensitive enough that when adding 10% to the variable cost of the high investment strategy that the optimal strategy shifts from high automation investment to low automation investment. b) What do you notice with regard to the slope? The slope of the high…

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    Shopping List Essay

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    The shopping list I created for one week’s worth of meals consisted of two adults and two children age nine to eleven. As I created the shopping list which consisted of breakfast, lunch, snack, and dinner, according to the USDA, the cost of food was to be budgeted at $150.50 for thrifty plan and $197.90 for low cost plan. The prices for the items on my shopping list were from Stop and Shop. Though creating a healthy meal for the family is difficult, it involves planning and spending wise…

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    Incarceration Advantages

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    The first is from a financial standpoint whereby, the increasing costs of incarceration cause individual taxes to rise, and correspondingly, if alternative treatments can prove both cost-effective and divert individuals away from subsequent criminal acts, the public can see a lower financial cost. The second is a gain of societal aspect due to alternatives to incarceration which allow for offenders to become a more integrated and thereby contributing member of society. If some of the…

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