Discuss what options Thomas has to reduce the overall product UMC, business and finance homework help
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QUESTIONS:
Question one (Up to 50% Marks): (1250 words +/- 10 %)
Discuss what options Thomas has to reduce the overall product UMC (market, material and labor) to meet the target cost, and explain each option in relation to the case provided.
Note:students should draw on evidence beyond the course material or only on the case study.
For contextualization, connectivity, and understanding, candidates should have an
understanding of in unit III , and unit IV chapter 1, sessions 2.2 and 2.3
Question 2 (Up to 50 % Marks): (1250 words +/- 10 %)
In terms of GPS-to-GO’s management, discuss the importance of revenue and earnings, and explain critically what can be done on future projects that will enable the team to meet cost targets.