QUESTION 2You company has just received an order for SPEEDY 1 electric motor from a customer. The data on directcosts, activity duration, and precedence relationships are given below:ActivityNormal Time (days)Normal CostCrash Time (days)Crash CostPredecessor(s)A4$10003$1300B140042000200042700612001400AE90021100BF1125006375080031450D, EH33001500F, G(a) Construct the AON network for the project.(b) Determine all paths that run from the start to the end of the network.(c) Compute the earliest start, earliest finish, latest start and latest finish time and the slack for eachactivity. Display the values in a table.(d) Determine the critical path for this project.(e) Determine the expected project completion time.A) Nonetheless, the contract states that starting on the thirteenth day from now, your firm will experiencea penalty of $100 per day if the job is not completed. Indirect project costs amount to $200 per day.What completion date would you recommend? Show your computation.

Activity-on-node is a project management term that directs to a precedence diagramming technique…

Answered: (a) Construct the AON network for the…

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...

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What is the value of the missing item labeled (a) in the table above? Round to the nearest integer. What is the value of the missing item labeled (b) in table above? Round to two decimals. Draw the network diagram for this project. Clearly label the earliest start, earliest finish, latest start, latest finish and slack for each activity. Specify the critical path and the critical activities. State the expected C.P. duration State the variance of the critical path. What is the probability that the dashboard will be delivered within 20 days?
Given the following network, with activity times in weeks, determine the earliest and latest activity times and the slack for each activity. Indicate the critical path and the project duration:
Please answer only subpart 3 & 4. Thank you
Management & Science University (MSU) have appointed you as a project manager to conduct a Joint Application Design (JAD) session with members from various departments. As a project manager, you are required to develop a specific schedule for the tasks listed below. The estimated task duration for each shown in parentheses. First, you must contact and brief the participants and explain their responsibilities (1 day). Then you must obtain approval from their department managers (3 days). After you have obtained the approval, you can begin the two tasks where you can prepare the agenda for the JAD session (7 days) and arrange the meeting room (2 days) When the agenda is ready, you can start two more concurrent tasks which are preparing the information packets (4 days) and to create visual aids (8 days). When the meeting room is arranged and information packets are ready, you can send out an email to all participants (1 day). Finally, after the e-mail is sent to participants and the…
Use the Program Evaluation and Review Technique to represent the project in an activity network. In conjunction with the Critical Path Method, use the activity network to find the shortest time possible to complete the project, to identify the critical jobs in the project, and to determine the earliest and latest that each activity can start and finish without making the project completion longer.a=1, b=1, c=6, d=5, e=2, f=5; andab=1x1=1, bc=1x6=6, cd=6x5=30, de=5x2=10, ef=2x5=10, af=1x5=5.
A project network is shown below, with three time estimates (Optimistic Time-Most Likely Time-Pessimistic Time (in days)) for each activity in the network. a. Compute the expected time for each activity in the project network. b. Identify and list all possible paths in the project network. Compute the expected duration for each path in the project network. c. Identify the critical path(s) in the project network. What is the expected project completion time? d. Compute the variance of each activity on the critical path(s). e. Determine the project variance and project standard deviation. Use the PERT analysis results in 2(c) and 2(e) to answer questions (f), (g), (h), and (i) below:f. What is the probability that the project can be completed within 22 days of its start? g. What is the probability that the project can be completed within 16 days of its start? h. Determine the project deadline that gives this project a 78% chance of on-time completion. i. Determine the project deadline…
Use the below table for constructing a Project Network (AON), identify the possible paths, accordingly the critical path and the project duration. Activities Predecessor Duration A B с D E F G H J K L M Answer A A A B C E, F G, D, H H, M J F 9 4 5 12 10 12 1 7 9373
Roger Ginde is developing a program in supplychain management certification for managers. Ginde haslisted a number of activities that must be completed beforea training program of this nature could be conducted. Theactivities, immediate predecessors, and times appear in theaccompanying table: a) Develop an AON network for this problem.b) What is the critical path?c) What is the total project completion time?d) What is the slack time for each individual activity?
Given is a Project with network diagram and activity times as shown below. Activity Time (wks) A 13 B 5 Start с 14 A c) The Slack time of Activity C = Blank 3 weeks D D a) The Earliest Start (ES) time of Activity I = Blank 1 weeks 9 b) The Latest Start (LS) time of Activity B = Blank 2 weeks f) The Project Completion time = Blank 6 weeks d) The Earliest Finish (EF) time of Activity H = Blank 4 weeks e) The Latest Finish (LF) time of Activity B = Blank 5 weeks B F E 12 E F LL 17 H G 9 J H 15 - 15 J 2
Consider a small project consisting of the following activities: Activity a b c d e f Immediately preceding activity - - - a, b a, c a, b, c Duration (weeks) 6 12 13 5 4 16 (a) Draw the network diagrams (AOA and AON both) for this project and determine the critical path. What is the minimum completion time for the project? (b) If it is found that some extra resources may be available so that activity c may be crashed by a maximum of 2 weeks, what will be its impact on the critical path(s) and the project completion time? (c) If instead of single time estimates, we have the following three time estimates (to ,…
The table below show a set of activities of an IS project,its expected completion time (ET) and preceding activities. Activity Preceding Activity Expected Time (ET) A - 7 B A 9 C A,B 5 D C 17 E C 12 F C 7 G D,E,F 10 H D,G 7 Construct a network diagram ,and calculate its earliest completion time (TE), latest completion time (TL) and slack time (ST). If the activity E took 16weeks instead of 12weeks to complete ,what impact will it have on the project duration?

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