Great Deal! Get Instant $10 FREE in Account on First Order + 10% Cashback on Every Order Order Now

One of the techniques used to estimate the new oiler was an analogy to a cargo replenishment ship. Both are vessels are replenishment ships. The empty weight of the oiler is 33,000 tons and the cargo...

1 answer below »

One of the techniques used to estimate the new oiler was an analogy to a cargo replenishment ship. Both are vessels are replenishment ships. The empty weight of the oiler is 33,000 tons and the cargo ship is 85,000 tons. Since the cargo ship weighs 2.6 times as much as the oiler, the cargo ship cost was divided by 2.6 to arrive at an estimate of the oiler cost. Given this information, select the best statement below:

-If empty weight is a commonly used cost driver, then this should be a good analogy

-Given the difference in scale, we should question the use of the factor.

-Additional data is needed since creating an analogy requires the use of several analogous systems

-Since the ships are similar in form, fit and function this should be a good analogy.

Answered Same Day Dec 25, 2021

Solution

Robert answered on Dec 25 2021
112 Votes
ASSIGNMENT
IT ETHICS: ARTICLE ANALYSIS
STUDENT NAME
NAME OF THE INSTITUTE
ASSIGNMENT
2
Analysis
The co
ect answer is:
ï‚· If empty weight is a commonly used cost driver, then this should be a good analogy
This answer is co
ect as the arguments in the premises are based on the...
SOLUTION.PDF

Answer To This Question Is Available To Download

Related Questions & Answers

More Questions »

Submit New Assignment

Copy and Paste Your Assignment Here