I’m trying to learn for my Computer Science class and I’m stuck. Can you help?

Within the context of your Week 2 Business Case project you will address and identify the different types of contracts that are available for supply chain management.

You will copy and paste the Business Case.

For each of the six (6) contract types below you will provide a description of each contract type and then identify where each of the contract could be utilized within your project. These need to be specific examples and explain why the specific contract type would be ideal for these supplies (goods or services). There is no word minimum but each should cover the required material and provide the specific information sought.

Business Case:

City: American City

News source (APA reference): Genter, JT. (2019, August 21). American Airlines Confirms Improvements to Project Oasis Retrofits But only in First Class. Retrieved on 10th May 2020 from: https://thepointsguy.com/news/aa-confirms-project-oasis-first-class-improvements/

Web address: https://thepointsguy.com/news/aa-confirms-project-oasis-first-class-improvements/

Elevator Pitch : First class passengers are discretionary spenders from whom we get high revenue per customer. Under ‘Project Oasis’ we need to address the complaints of our first class passengers by adding amenities, some of which are already available for the economy class, such as tablet holders, USB ports, and an extra drink holder, and improve the under-seat stowage. These modifications would allow us to mitigate the negative perception created due to economic measures taken under the project and make our planes more attractive to first class passengers while at the same time helping us save costs and increasing revenue.

Fixed-Price Contracts

Firm-Fixed-Price (FFP) Contract:

Fixed-Price-Incentive-Fee (FPIF) Contract:

Fixed-Price-Economic-Price-Adjustment (FP-EPA) Contract:

Cost-Reimbursable Contracts

Cost-Plus-Fixed Fee (CPFF) Contract:

Cost-Plus-Award-Fee (CPAF) Contract:

Cost-Plus-Incentive Fee (CPIF) Contract:

Instructions: You have been instructed to provide a detailed analysis of the current progress of cost and schedule for an on-going project. You have been provided the Planned Value, Earned Value, Actual Cost and Budget at Completion. You will calculate the Variances, Indexes and Estimates for the project to provide a comprehensive report on the project. This report should explain how the results are calculated, what the results mean, and, if necessary, what specific action steps should be taken to bring the project back within scope.

Planned Value (PV)

Earned Value (EV)

Actual Cost (AC)

Budget at Completion (BAC)

Schedule Variance (SV)

Cost Variance (CV)

Schedule Performance Index (SPI)

Cost Performance Index (CPI)

Estimate to Completed (ETC Method 1)

Estimate to Complete (ETC Method 2)

Estimate at Completion (EAC)

To-complete Performance Index (TCPI)

Comprehensive Situational Analysis:

 

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