The RFI is an essential part of the ERP vendor bidding process
Indicate whether the statement is true or false
FALSE
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Consider the budget information for Bert and Ernie Design firm: Professional labor $1,000,000 Administrative labor 200,000 Lease expense 50,000 Design equipment depreciation 25,000 Samples and books 10,000 Utilities 20,000 Professional hours 100,00 . hours Number of rooms redone 2,00 . rooms Bert and Ernie decide there are two cost pools, design support, which is assigned to jobs based on the
number of rooms redone, and facilities costs, which is assigned to jobs based on the number of professional labor hours. The design support cost pool includes design equipment depreciation and samples and books. The lease expense and utilities are considered facilities costs. What is the budgeted rate per cost driver for facilities costs? a. $17.50 b. $1.05 c. $.70 d. $37.50
Explain the thought experiment created by John Rawls based on the "veil of ignorance," using an example to show how a decision maker can tactically apply this concept to minimize personal bias.
What will be an ideal response?
The number one predictor of project success is:
A) The absence of conflict among project team members. B) Documentation that clearly articulates the consequences of failing to achieve the objectives. C) A mission that is understood and accepted by all team members. D) A well-prepared fallback position in case the project cannot be executed as imagined.
Use the information in Scenario C.1. If Jerry chooses to produce batches dictated by the economic production lot size (ELS) model, how many days elapse between the start of consecutive production runs (what is the time between runs or TBO)?
A) fewer than or equal to 8 days B) greater than 8 days but fewer than or equal to 10 days C) greater than 10 days but fewer than or equal to 12 days D) greater than 12 days