1. You have been asked to evaluate a project performance using earned value management techniques. It is currently day 56 of a project. BCWS, BCWP, and AC to date are 24m, 26.7m, and 21.8m respectively. Then what is the CV of the project to date?

(Please keep two decimal points. Do not include unit "m"-million in your answers. For example, if your answer is 10 m, just write 10, not 10m or 10,000,000.)

2. If the best operating level of a piece of equipment is at a rate of 48 units per hour and the actual output during an hour is 39 units, what is the capacity utilization rate? ( (Write your answer as a decimal number. For instance 0.62 not 62%. Keep 2 decimals if applicable.)

3. The machine times to produce the first four units are 34, 22, 14, and 13, what is the learning rate of the process. (Write your answer as a decimal number. For instance 0.62 not 62%. Keep 2 decimal points!)

4. If the time to produce the first unit is 56 hours and the process learning rate is 60%, what is the time to product the 3rd unit? (Keep 2 decimal points if applicable.)

5. If the time to make the first unit is 71 and learning rate is 85%, what is the processing time for making 7 units? (Keep 2 decimal points!)