A renovation of the gift shop at Orlando Amway Center has six activities (in hours). In the following table, the estimatesof a, m, and b times for each of the activities are listed:ActivityABCDEFa10281891716ActivityAm153118131818Based on the activity time estimates, the expected times for each of the activities are (round your responses to twodecimal places):b194018182121Expected Time

The given data as follows: Activity a m b A 10 15 19 B 28 31 40 C 18 18 18 D 9 13 18 E…

Answered: A renovation of the gift shop at…

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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c. Draw a Gantt chart for this project based on the earliest times
a. Develop a network drawing for Jeff Ross. b. Calculate the expected time and variances (Use two decimal places) c. Enumerate the paths and their corresponding finishing time.
Given an activity's optimistic, most likely, and pessimistic time estimates of 4, 22, and 28 days respectively, compute the PERT expected activity time for this activity. 7 22 20 none of these 18
Ross Hopkins, president of Hopkins Hospitality, has developed the tasks, durations, and predecessor relationships in the following table for building new motels Time (weeks) Time (weeks) Immediate Predecessor(s) CE Activity A B C D E F a 4 1 9 5 1 6 m 9 9 14 6 2 9 b 10 24 18 10 4 21 Immediate Predecessor(s) A A A B C, E Activity a 3 2 G H 1 J K a) The expected (estimated) time for activity C is weeks. (Round your response to two decimal places) b) The variance for activity C is weeks. (Round your response to two decimal places) c) Based on the calculation of the estimated times, the critical path is 7 6 3 m 3 2 7 8 3 D 4 2 7 12 4 F F D. G. H 1.J d) The estimated time for the critical path is weeks. (Round your response to two decimal places) e) The activity variance along the critical path is weeks (Round your response to two decimal places) Using the standard normal table, the probability that Hopkins Hospitality will finish the project in 40 weeks or less is (Enter as a probability…
Power Builders Inc. is planning for an upcoming job with a large client. They have listed the specific activities and steps to be performed, and estimated the time to complete each activity. The activities involved in the job are listed below: Activity Description of Activity Preceding Activity Estimated Time Required (in weeks) A B C D E F G H I J K Planning Meeting Obtain Permit Inspect Damage Begin Repair Work Order Additional Materials Apply for Waiver Obtain Waiver Complete Electrical Work Build Interior Partitions Onsite Testing Meet With Client -- A B A D E C, F D H G, I J 5 2 5 4 2 4 2 5 5 2 2 REQUIRED: Prepare a Gantt Chart from the facts in this time budget.
6:20 PM ě 7.4KB/s l 79 4G+ 01:41:33 Remaining Multiple Choice Which of the following is heavily weighted in calculating PERT's expected time? Idealistic time Most likely time Optimistic time O Pessimistic time 7 of 64
As part of a major plant renovation project, the industrial engineering department has been asked to balance a revised assembly operation to achieve an output of 230 units per 8-hour day. Task times and precedence relationships are as follows: Duration Immediate Task (minutes) Predecessor a 0.2 b 0.6 a 0.4 b d 0.7 e 1.6 f 1.8 e f Do each of the following: a. Determine the number of followers for each task. Number of tasks following task a Number of tasks following task b Number of tasks following task c Number of tasks following task d Number of tasks foll task e Number of tasks following task f Number of tasks following task g
14 The expected activity time in PERT analysis is calculated as: Select one: a. the sum of the activity variances, divided by six. b. the sum of the optimistic, pessimistic, and most likely times. c. the sum of the optimistic, pessimistic, and most likely times, divided by six. d. the simple average of the optimistic, pessimistic, and most likely times. e. the weighted average of a, m, and b, with m weighted 4 times as heavily as a and b.
An activity has an optimistic time estimate of 2 days, a most likely estimate of 4 days, and a pessimistic estimate of 6 days. What is the PERT value? 3 days 8 days 6 days 4 days
2:30 PM ě 4G+ 0.6KB/s l 54 00:15:19 Remaining Multiple Choice PERT is different from CPM in 'that unlike CPM, PERT is a network technique PERT uses probabilities on the activity times, whereas CPM uses deterministic time and cost estimates. PERT considers crash efforts and costs, while CPM does not PERT may be thought of as a mere subset of CPM. 12 of 20
Please enter the "Early Start", "Early Finish", "Late Start" and Late Finish" for each activity, IN THAT ORDER. So for example, the time estimates for Activity A would be 0, 2, 0, 2 respectively, so I would simply enter 0, 2, 0, 2 in the 4 boxes for activity A.
A company is willing to develop their rocket before the end of current financial year which is now 28 weeks away. The chief engineer of the company has decided to use PERT technique in order to plan, schedule and control program of development for the data given in table below. What is the probability that the program will be completed by the end of the current financial year? (all durations are in weeks). (i) G) Optimum Duration Most likely duration Pesimistic duration 1 2 3 8 13 3 2 8 4 3 8 10 4 7 10 3 6. 3 8 4 9 10 4 8. 4 9. 5 7 9. 12 6. 5 11 7 9. 14 8 4. 00 2.

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