Pm592 Quiz 1

------------------------------------------------- Top of Form Grading Summary| These ar the mechanically computed results of your exam. Grades for screen questions, and comments from your instructor, are in the Details section below. | picture interpreted: | 7/24/2011| Time Spent:| 1 h , 58 min , 22 secs | Points Received:| 80 / 80  ( snow%) | | interrogation Type:| # Of Questions:| # Correct:| try out| 5| N/A| | | Grade Details|  1.| Question :| (TCO B) Three-point estimate: The SuperFlyer stool is bumping a revolutionary spry disc. The new plaything can fly straight over a dandy distance, which is exciting by itself. However, this disc pass on also give birth to the owner in resolution to their voice! Because this is an advance over anything that this company has done before, estimating the number and make up of the hi-tech poppycocks are difficult. The run across manager recommends using a range estimating accomplish to develop an estimate. The values below are submitted by the project team.   catamenia estimates for embody of material are as follows:   cheerful damage of gifted resin:| $6.00| per lb| Most promising cost of smart resin:| $8.00| per lb| Pessimistic cost of smart resin:| $8.

50| per lb|   Current estimates for total material requirements are as follows:   Optimistic quantity:| 21 lb/ ascorbic acid units| Most likely quantity:| 24 lb/ degree Celsius units| Pessimistic quantity:| 30 lb/ degree Celsius units|   (a) What is the expected price of the material per pound? (b) What is the e xpected nitty-gritty of material needed for ! century units? (c) What is the expected cost for ampere-second units using the Simple Method?| |  | Student Answer:|  | (a) Pexp = (Popt + 4 x Pmost + Ppess) / 6 = ($6.00+ 4*$8.00+$8.50)/6 = $7.75 per lb (b) Pexp = (Popt + 4 x Pmost + Ppess) / 6 = (21 lb/ 100 units + 4*24 lb/ 100 units + 30 lb/ 100 units)/ 6 = 24.5lb/ 100 units (c) expected cost for 100 units = $7.75 per lb * 24.5lb per 100 units =$189.875 per 100...If you want to get a full essay, order it on our website: BestEssayCheap.com

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