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8. For the following test marketing project at week 6: (a) Ignore the far right .% Complete column and using the 50-50 percent completion rule for PV and EV calculate the cost, schedule, and time variances. Also calculate the CPI, SPI, CSI, and the ETC and EAC (b) Repeat the calculations in a, but now using the ..% Complete column. Assume that the PV values are based on time propo values for EV are from the workers actually doing the tasks rtionality but the .% Complete Activity a: Build items b: Supply stores c: Create ad program d: Schedule ads e: Check sale results Predecessors (weeks) Budget, Actual Cost, $% Complete 100 100 100 20 20 180 200 250 600 400 200
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Answer to Q#(a) (First question in the list PV & EV 100 100 200 200 150 525 925 TOT. PV 250 125 CUM PV 250 1,0501,2501,2 1,55Therefore, On Day-6: PV EV AC ВАС 1,250 1,250 880 1,750 Cost Variance (CV Schedule Variance (SV Cost Price Index (CPI) EV/AC Sch. Price Index (SPI) EV/PV Cost-Sch. Index (CSI) CPI x SPI ETC (BAC-EV)/CPI EAC ETC +AC 370 0 1.42 1.00 1.42 352 1,232 UNDERRUN [EV-AC 1,250 - 880 370] ON SCHEDULE [EV-PV 1,250 1,250 0] [1,250 880] [1,250/1,250] [1.42 x 1.00] [(1,750 -1,250) 1.42] [352 880]

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