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You are a project manager for the development of Motorola’s new 4G, HD, Touch Screen Cell Phone which is supposed to take the cell phone industry by storm. Listed below are the initial cost estimates for the materials and labor for one of the phonesWhat

01 / 10 / 2021 Assignment

This paper circulates around the core theme of You are a project manager for the development of Motorola’s new 4G, HD, Touch Screen Cell Phone which is supposed to take the cell phone industry by storm. Listed below are the initial cost estimates for the materials and labor for one of the phonesWhat together with its essential aspects. It has been reviewed and purchased by the majority of students thus, this paper is rated 4.8 out of 5 points by the students. In addition to this, the price of this paper commences from £ 99. To get this paper written from the scratch, order this assignment now. 100% confidential, 100% plagiarism-free.

You are a project manager for the development of
Motorola’s new 4G, HD, Touch Screen Cell Phone which is supposed to take the
cell phone industry by storm. Listed below are the initial cost estimates for
the materials and labor for one of the phones:

ITEM | COST

ESTIMATE | TYPE OF ESTIMATE |

Case | $15.00 | Order of Magnitude |

Handset | $12.00 | Definitive |

Labor | $2.00 | Definitive |

Speaker | $2.50 | Budget |

Mouthpiece | $5.50 | Budget |

Antenna | $1.70 | Definitive |

Keypad | $3.00 | Order of Magnitude |

Circuit boards (handset) | $6.50 | Budget |

Circuit boards (base unit) | $8.50 | Definitive |

Battery | $1.20 | Order of Magnitude |

Charger | $16.00 | Order of Magnitude |

Total cost | $73.90 | NA |

The estimating department currently defines estimate
accuracy as follows:

Order of Magnitude | -25%, +75% |

Budget | -10%, +25% |

Definitive | -5%, +10% |

(a) What contingency cost budget do you recommend
for the product?

(b) The target retail price for the new telephone
is $165.00 per unit. The markup demanded by retailers is 50%. Based on cost
factors, write a brief rationale for acceptance or rejection of the project,
including any recommendations you have regarding the cost estimates. |



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