M2 Flashcards
1
Q
Learning curve
A
?
2
Q
Figure out the fourth unit cost of a HP engine. Average cost of the first unit was 40 and 2.5 (HP) and the learning curve rate was 90%
A
73
40 x 2.5 and the cost is $100
90% of 100 is 90%
90% of 90 is 81%
90% of 81 is 73
3
Q
What is the formula for cost variance?
A
Cost variance = BCWP - ACWP
4
Q
What are contingent liabilities carried out as an outstanding commitment?
A
?
5
Q
Major budget decisions
A
?
6
Q
Difference between Economy Act Order and Project Order
A
?
7
Q
Severability
A
?
8
Q
Foreign currency fluctuations
A
?
9
Q
When do use an MOA? MOU?
Recurring when no costs are involved
A
?
10
Q
What must the customer endure before sending funds to NWCF activity?
A
Activity can accomplish the work
11
Q
Recording funds
A
?
12
Q
Program Acquisition Unit Cost
A
?
13
Q
Exercise 4 pg 2.2.12
A
?
14
Q
Analysis of Alternatives
A
?
15
Q
CAIV
A
?
