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Management Studies

Problem:

Given the following information,

Required:

Question 1) Calculate the critical ratios, and indicate which activities are on target and which need to be investigated.

Question 2) Comment on the situation for each of the activities.

Question 3) What is your overall interpretation of this result?

Activity	Actual Progress	Scheduled Progress	Budgeted Cost	Actual Cost
A	2 days	2 days	$40	$35
B	4 days	6 days	$30	$40
C	1 day	3 days	$50	$70
D	3 days	2 days	$25	$25

Solve the problem and show all work.

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Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M91164719

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