cost analysis

1. (6 points) The following engineering work packages are scheduled to be completed in the next year for a new aircraft system. Assume all costs have already been normalized. At the end of the year only work packages 1 through 4 were completed. The actual cost of that work was $75,000. a. (3 points) Calculate both the CV and CPI. In regards to cost, was the program ahead or behind? Justify your answer based upon your CV and CPI calculations. b. (3 points) Calculate both the SV and SPI. Was the program behind or ahead of schedule? Justify your answer based upon your SV and SPI calculations. 2. (8 points) Use the inflation indices table shown below to make the below listed conversions. Show all work below. The Base Year is 2012 . (7 points) ORSA MAC Widgets produces the widgets used in the Navy's new cloaking device. The table below shows the production and costs (Smillion) for widget production. Develop the unit theory learning curve equation. Identify the slope and the cost of the 400th widget. 4. (7 points) Given the lot data shown in table 1 complete table 2 and determine the unit theory learning curve. Assume an 85% learning curve to begin the analytical process. a. Develop the learning curve equation. b. Assume that the next lot, lot 4 , contains 20 units. Estimate the cost in man hours for that lot. 5. (12 points) A production that was halted for six months is ready to recommence operations. a. (4 points) Given the following information calculate the percentage of leaming lost in each of the five categories. b. (4 points) Given the following information determine the lost learning factor. Use your learning lost calculations from part a above. c. (4 points) Assume that after the break they use the retrograde method to determine their costs. Prior to the break they produced 400 units and were using an 90% learning curve that is still valid. The first unit cost was 300 man hours. The first lot produced after the break will contain only 100 units and the estimated learning lost due to the break is 100 man hours. Find F and L, the retrograded first and last units for this new lot. 6. (10 points) A manager must decide which machine to purchase. Note: n=5 for Machine A and 3 for Machine B Complete the tables below. Based upon cost determine the best machine to purchase. Justify your