a) Create a network diagram for the project. b) Construct a Gantt Chart for the project. c) Determine the minimum time in which the project can be completed.
a) Create a network diagram for the project. b) Construct a Gantt Chart for the project. c) Determine the minimum time in which the project can be completed.
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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Question

Transcribed Image Text:You have been assigned a project and in your preliminary planning you have developed table 2
below, it outlines eight activities (A to H) that must be completed. For each activity you have
obtained the estimated duration, cost per day and the prior task(s).
Activity
A
B
с
D
E
F
G
H
Z
Duration (days)
3
4
12
6
16
15
Cost/week ($)
2500
6000
3000
10000
15000
10000
7
8
0
Prior Tasks
None
B, D
C, E
E, F,G
0
All
*Assume that there are five (5) workdays in each week
Table 2
2000
2500
A
A, B
A, B
D
Using the information provided:
a) Create a network diagram for the project.
b) Construct a Gantt Chart for the project.
c) Determine the minimum time in which the project can be completed.
1
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