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1. An agreement included the target price of $180,000 while the fees ware set as 20% of the actual cost. If the actual cost of the project ended up being $125,000, the total amount to be paid to the contractor should be $___

2. In human-made system, the following is categorized as a system:

a) Something that is irrelevant to the system and system designers/managers can control it.

b) Something that is irrelevant to the system and system designers/managers cannot control it.

c) Something that is relevant to the system and system designers/managers can control it.

d) Something that is relevant to the system but system designers/managers cannot control it.

Operation Management, Management Studies

  • Category:- Operation Management
  • Reference No.:- M92595791

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