Question: 1 . ) Why does the learning curve apply mainly to direct rather than indirect labor? 2 . ) If each time production volume doubled
Why does the learning curve apply mainly to direct rather than indirect labor?
If each time production volume doubled and cumulative average directlabor requirements decreased by percent, what would be the appropriate learning rate?
Discuss why it is important for buyers to have knowledge of suppliers learning rate when preparing to negotiate a purchase contract.
Do you feel learning is different in professional services firms versus manufacturing organizations? Explain why or why not.
Describe the concept of value as it relates to value analysis. Provide examples of how an organization can increase value to itself or to its customers.
Where do you believe buyers spend most of their time in negotiations: on the upfront clauses or on the attached schedules?
What are some examples of price indices that might be used to track commodity prices such as steel or copper, and how should they be included in the schedule to minimize risk to both parties?
What are the risks to buyers associated with each of the different types of contracts fixedprice, incentive, and costbased contracts
What are the risks to suppliers associated with each of the different types of contracts fixedprice, incentive, and costbased contracts
Which types of firms are most suited to using turnkey systems contracts for their information system development?
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