There are reasons for failure in contract management. This failure might impact a construction project in terms of time, cost or quality. Identify three causes of failure, their consequences on time/cost/quality and your remedial action:
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There are reasons for failure in contract management. This failure might impact a construction project in terms of time, cost or quality. Identify three causes of failure, their consequences on time/cost/quality and your remedial action:
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- Borges Machine Shop, Inc., has a 1-year contract for the production of 250,000 gear housings for a new off-road vehicle. Owner Luis Borges hopes the contract will be extended and the volume increased next year. Borges has developed costs for three alternatives. They are general-purpose equipment (GPE), flexible manufacturing system (FMS), and expensive, but efficient, dedicated machine (DM). The cost data follow: General Purpose Equipment (GPE) Flexible Manufacturing System (FMS) 250,000 $125,000 $15.00 Annual contracted units Annual fixed cost Per unit variable cost The option GPE is best when the contracted volume is below units (enter your response as a whole number). Dedicated Machine (DM) 250,000 $225,000 $14.00 250,000 $525,000 $13.00Borges Machine Shop, Inc., has a 1-year contract for the production of 250,000 gear housings for a new off-road vehicle. Owner Luis Borges hopes the contract will be extended and the volume increased next year. Borges has developed costs for three alternatives. They are general-purpose equipment (GPE), flexible manufacturing system (FMS), and expensive, but efficient, dedicated machine (DM). The cost data follow: The option GPE is best when the contracted volume is below Annual contracted units Annual fixed cost Per unit variable cost General-Purpose Equipment (GPE) 250,000 $150,000 $18.00 units (enter your response as a whole number). Flexible Manufacturing System (FMS) 250,000 $250,000 $14.00 Dedicated Machine (DM) 250,000 $500,000 $13.00Borges Machine Shop, Inc., has a 1-year contract for the production of 225,000 gear housings for a new off-road vehicle. Owner Luis Borges hopes the contract will be extended and the volume increased next year. Borges has developed costs for three alternatives. They are general-purpose equipment (GPE), flexible manufacturing system (FMS), and expensive, but efficient, dedicated machine (DM). The cost data follow: The option GPE is best when the contracted volume is below General-Purpose Equipment (GPE) 225,000 Annual contracted units Annual fixed cost $150,000 $15.00 Per unit variable cost units (enter your response as a whole number). Flexible Manufacturing System (FMS) 225,000 $225,000 $14.00 Dedicated Machine (DM) 225,000 $480,000 $13.00
- Borges Machine Shop, Inc., has a 1-year contract for the production of 75,000 gear housings for a new off-road vehicle. Owner Luis Borges hopes the contract will be extended and the volume increased next year. Borges has developed costs for three alternatives. They are general-purpose equipment (GPE), flexible manufacturing system (FMS), and expensive, but efficient, dedicated machine (DM). The cost data follow: General-Purpose Equipment (GPE) Flexible Manufacturing System (FMS) Dedicated Machine (DM) Annual contracted units 75,000 75,000 75,000 Annual fixed cost $100,000 $200,000 $525,000 Per unit variable cost $15.00 $14.00 $13.75 Part 2 Based on the total cost, the process that is best suited for…Borges Machine Shop, Inc., has a 1-year contract for the production of 75,000 gear housings for a new off-road vehicle. Owner Luis Borges hopes the contract will be extended and the volume increased next year. Borges has developed costs for three alternatives. They are general-purpose equipment (GPE), flexible manufacturing system (FMS), and expensive, but efficient, dedicated machine (DM). The cost data follow: General-Purpose Equipment (GPE) Flexible Manufacturing System (FMS) Dedicated Machine (DM) Annual contracted units 75,000 75,000 75,000 Annual fixed cost $150,000 $250,000 $500,000 Per unit variable cost $16.00 $14.75 $13.00 Part 2 Based on the total cost, the process that is best suited for…Borges Machine Shop, Inc., has a 1-year contract for the production of 200,000 gear housings for a new off-road vehicle. Owner Luis Borges hopes the contract will be extended and the volume increased next year. Borges has developed costs for three alternatives. They are general-purpose equipment (GPE), flexible manufacturing system (FMS), and expensive, but efficient, dedicated machine (DM). The cost data follow: General-Purpose Equipment (GPE) Flexible Manufacturing System (FMS) Dedicated Machine (DM) 200,000 Annual contracted units Annual fixed cost Per unit variable cost $125,000 $16.00 If the contract for the second and third years is pending, for demand below 37,500 units, option FMS is the best alternative for Luis. For demand above 280,000 units, option is the best alternative for Luis 200,000 $200,000 $14.00 200,000 $480,000 $13.00
- Borges Machine Shop, Inc., has a 1-year contract for the production of 200,000 gear housings for a new off-road vehicle. Owner Luis Borges hopes the contract will be extended and the volume increased next year. Borges has developed costs for three alternatives. They are general-purpose equipment (GPE), flexible manufacturing system (FMS), and expensive, but efficient, dedicated machine (DM). The cost data follow: General-Purpose Equipment (GPE) Flexible Manufacturing System (FMS) Dedicated Machine (DM) Annual contracted units 200,000 200,000 200,000 $100,000 $18.00 $200,000 $14.00 $480,000 $13.00 Annual fixed cost Per unit variable cost The option GPE is best when the contracted volume is below units (enter your response as a whole number).Borges Machine Shop, Inc., has a 1-year contract for the production of 200,000 gear housings for a new off-road vehicle. Owner Luis Borges hopes the contract will be extended and the volume increased next year. Borges has developed costs for three alternatives. They are general-purpose equipment (GPE), flexible manufacturing system (FMS), and expensive, but efficient, dedicated machine (DM). The cost data follow: General-Purpose Equipment (GPE) 200,000 $100,000 $15.00 Annual contracted units Annual fixed cost Per unit variable cost The option GPE is best when the contracted volume is below Flexible Manufacturing System (FMS) 200,000 $225,000 $14.00 Dedicated Machine (DM) 200,000 $500,000 $13.00 units (enter your response as a whole number).Borges Machine Shop, Inc., has a 1-year contract for the production of 225,000 gear housings for a new off-road vehicle. Owner Luis Borges hopes the contract will be extended and the volume increased next year. Borges has developed costs for three alternatives. They are general-purpose equipment (GPE), flexible manufacturing system (FMS), and expensive, but efficient, dedicated machine (DM). The cost data follow: General-Purpose Equipment (GPE) Flexible Manufacturing System (FMS) Dedicated Machine (DM) Annual contracted units 225,000 225,000 225,000 Annual fixed cost $100,000 $225,000 $480,000 Per unit variable cost $16.00 $14.00 $13.00 Part 2 The option GPE is best when the contracted volume is below…
- Borges Machine Shop, Inc., has a 1-year contract for the production of 225,000 gear housings for a new off-road vehicle. Owner Luis Borges hopes the contract will be extended and the volume increased next year. Borges has developed costs for three alternatives. They are general-purpose equipment (GPE), flexible manufacturing system (FMS), and expensive, but efficient, dedicated machine (DM). The cost data follow: General-Purpose Equipment (GPE) Flexible Manufacturing System (FMS) Dedicated Machine (DM)Annual contracted units 225,000 225,000 225,000 Annual fixed cost $125,000 $250,000 $480,000 Per unit variable cost $18.00 $14.00 $13.00 a.The option GPE is best when the contracted volume is below ------ units (enter your response as a whole number).…Borges Machine Shop, Inc., has a 1-year contract for the production of 250,000 gear housings for a new off-road vehicle. Owner Luis Borges hopes the contract will be extended and the volume increased next year. Borges has developed costs for three alternatives. They are general-purpose equipment (GPE), flexible manufacturing system (FMS), and expensive, but efficient, dedicated machine (DM). The cost data follow: General-Purpose Equipment (GPE) Flexible Manufacturing System (FMS) Dedicated Machine (DM) Annual contracted units 250,000 250,000 250,000 Annual fixed cost $125,000 $250,000 $500,000 Per unit variable cost $18.00 $14.00 $13.00 If the contract for the second and third years is pending, for…Borges Machine Shop, Inc., has a 1-year contract for the production of 250,000gear housings for a new off-road vehicle. Owner Luis Borges hopes the contract will be extended and the volume increased next year. Borges has developed costs for three alternatives. They are general-purpose equipment (GPE), flexible manufacturing system (FMS), and expensive, but efficient, dedicated machine (DM). The cost data follow: General-Purpose Equipment (GPE) Flexible Manufacturing System (FMS) Dedicated Machine (DM) Annual contracted units 250,000 250,000 250,000 Annual fixed cost $125,000 $200,000 $525,000 Per unit variable cost $16.00 $14.00 $13.00 The option GPE is best when the contracted volume is below…