. Construct a network for this problem. 2. Determine the expected time and variance for each activity. 3. Determine ES. EF. IS. LE and slack for each activity. 4. Determine the critical path and project completion time. 5. Determine the probability that the project will be finished in 70 days or less. 6. Determine the probability that the project will be finished in 80 days or less. 7. Determine the probability that the project will be finished in 90 days or less.

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
icon
Related questions
icon
Concept explainers
Topic Video
Question

1. Construct a network for this problem.
2. Determine the expected time and variance for each activity.
3. Determine ES. EF. IS. LE and slack for each activity.
4. Determine the critical path and project completion time.
5. Determine the probability that the project will be finished in 70 days or less.
6. Determine the probability that the project will be finished in 80 days or less.
7. Determine the probability that the project will be finished in 90 days or less.

10:10
.. H| 87%
Done
Acc 123 Management Science
Exercise on Project Management
1.
:12-19 Tom Schriber, a director of personnel of Manage-
ment Resources, Inc., is in the process of designing
a program that its customers can use in the job-finding
process. Some of the activities include preparing
resumés, writing letters, making appointments to see
prospective employers, researching companies and
industries, and so on. Some of the information on
the activities is shown in the following table:
DAYS
IMMEDIATE
АCTIVITY
a
b
PREDECESSORS
A
10
12
B
6.
9
3
4
D
10
20
30
A
E
8
F
10
11
В. D, E
G
10
В. D, E
H
14
15
16
F
I
10
11
13
F
J
8
G, H
I, J
G, H
K
8
L
2
4
(a) Construct a network for this problem.
(b) Determine the expected time and variance for
each activity.
(c) Determine ES, EF, LS, LF, and slack for each
activity.
(d) Determine the critical path and project comple-
tion time.
(e) ) Determine the probability that the project will be finished in 70 days or less.
(f) Determine the probability that the project will be finished in 80 days or less.
= Wrap Text
A* Ā B
II
88
Transcribed Image Text:10:10 .. H| 87% Done Acc 123 Management Science Exercise on Project Management 1. :12-19 Tom Schriber, a director of personnel of Manage- ment Resources, Inc., is in the process of designing a program that its customers can use in the job-finding process. Some of the activities include preparing resumés, writing letters, making appointments to see prospective employers, researching companies and industries, and so on. Some of the information on the activities is shown in the following table: DAYS IMMEDIATE АCTIVITY a b PREDECESSORS A 10 12 B 6. 9 3 4 D 10 20 30 A E 8 F 10 11 В. D, E G 10 В. D, E H 14 15 16 F I 10 11 13 F J 8 G, H I, J G, H K 8 L 2 4 (a) Construct a network for this problem. (b) Determine the expected time and variance for each activity. (c) Determine ES, EF, LS, LF, and slack for each activity. (d) Determine the critical path and project comple- tion time. (e) ) Determine the probability that the project will be finished in 70 days or less. (f) Determine the probability that the project will be finished in 80 days or less. = Wrap Text A* Ā B II 88
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 4 steps with 7 images

Blurred answer
Knowledge Booster
Inventory management
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, operations-management and related others by exploring similar questions and additional content below.
Similar questions
Recommended textbooks for you
Practical Management Science
Practical Management Science
Operations Management
ISBN:
9781337406659
Author:
WINSTON, Wayne L.
Publisher:
Cengage,
Operations Management
Operations Management
Operations Management
ISBN:
9781259667473
Author:
William J Stevenson
Publisher:
McGraw-Hill Education
Operations and Supply Chain Management (Mcgraw-hi…
Operations and Supply Chain Management (Mcgraw-hi…
Operations Management
ISBN:
9781259666100
Author:
F. Robert Jacobs, Richard B Chase
Publisher:
McGraw-Hill Education
Business in Action
Business in Action
Operations Management
ISBN:
9780135198100
Author:
BOVEE
Publisher:
PEARSON CO
Purchasing and Supply Chain Management
Purchasing and Supply Chain Management
Operations Management
ISBN:
9781285869681
Author:
Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
Publisher:
Cengage Learning
Production and Operations Analysis, Seventh Editi…
Production and Operations Analysis, Seventh Editi…
Operations Management
ISBN:
9781478623069
Author:
Steven Nahmias, Tava Lennon Olsen
Publisher:
Waveland Press, Inc.