ActivityADEHFGBIJ4. A construction company planned for a new project and represented the tasks of the project as alist of immediate predecessors, estimated duration (best, most likely, worst) as follows:Estimated duration (best-most likely-worst) in weeksKсMNOEndimmediatepredecessorsa.ADEAFLBIJCMNH,G,K,O2-4-66-8-107-9-122-3-53-4-8EarliestStart5-7-92-2-32-3-63-4-54-5-85-8-121-1-1Draw a network diagram (activity on node), compute the earliest start and finish times of eachtask using most likely values.b. Compute the latest start and finish times of each task fill the rest of the values in a tableformat as follows:Activity6-7-118-9-13EarliestFinishLatestStartLatestFinishSlackIs critical?c. If the project is finished within 27 weeks of its start, the project manager will receive a bonusof 500$. Find the probability of getting the bonus.

A network diagram shows the link of each task with the duration taken by each activity with respect…

Answered: a. Draw a network diagram (activity on…

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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A) What is the variance activity B? 2 decimal places B) What is the variance of activity F? 2 decimal places C) what is the probability the project can be completed? 4 decimals places only D) what is the probability the project will be 3 weeks late from the expected completion time ? 4 decimal places only.
Consider the office renovation project data in Table 7.16. A“zero” time estimate means that the activity could take a verysmall amount of time and should be treated as a numericzero in the analysis.a. Based on the critical path, find the probability ofcompleting the office renovation project by 39 days.b. Find the date by which you would be 90 percent sure ofcompleting the project.
Development of Version 2.0 of a particular accounting software product is being considered by Jose Noguera's technology firm in Baton Rouge. The activities necessary for the completion of this project are listed in the following table: Activity Normal Time (weeks) Crash Time (weeks) Normal Cost Total Cost with Crashing Immediate Predecessor(s) A 4 3 $2,100 $2,800 — B 2 1 $2,300 $3,100 — C 3 3 $600 $600 — D 8 4 $2,400 $2,680 A E 6 3 $1,000 $1,450 B F 3 2 $3,200 $4,600 C G 4 2 $1,400 $2,000 D, E Part 2 a) Based on the given information regarding the activities for the project, the project length = enter your response here weeks.
The table below contains data for the installation of new equipment in a manufacturing process for a steel corporation. Your company is responsible for the installation project. Indirect costs are $6,000 per week, and a penalty cost of $10,000 per week will be incurred by your company for every week the project is delayed beyond week 15. Activity Immediate Predecessor(s) Normal Time (weeks) Crash Time (weeks) Normal Cost ($) Crash Cost ($) A None 2 1 7,000 10,000 B None 2 2 3,000 3,000 C A 3 1 12,000 40,000 D B 3 2 12,000 28,000 E C 1 1 8,000 8,000 F D, E 5 3 5,000 15,000 G E 3 2 9,000 18,000 H F, G 8 6 14,000 32,000 Construct a network diagram for the project. What are the project completion time and the total cost under normal conditions? What is the shortest time duration for this project regardless of cost? What is the resulting total cost? What is the…
Paul Silver, owner of Sculptures International, just initiated a new art project. The following data are available for the project: Activity Time (days) Activity ABCDE 43424 Immediate Predecessor(s) | | < C, D
Please note that my roll number last digit is: (9). So please answer based on that
29 A project being analyzed by PERT has 60 activities, 13 of which are on the critical path. If the estimated time along the critical path is 214 days with a project variance of 100, what is the probability that the project will take 224 days or more to complete? Select one: a. 0.1587 b. 2.14 c. near zero d. 0.0126 e. 0.8413
B indicate critical path C what is expected completion for the project? D what is the probability that the project will take more than 30 days to complete?
Which one is NOT a basic output of a PM network analysis? Select one: a. Identification of the critical path(s) b. Immediate predecessors c. Determination of the earliest and latest start times d. Estimated project duration
Draw a network representation of the project (nodes = activities, arrows = precedence constraints). Provide early start/early finish as well as late start/late finish times for all activities. What is the duration of the project, and which tasks are on the critical path? Task Description Duration Predecessors A Project Planning 16 days - B Evaluation Existing Apps 20 days - C Define Value Proposition 12 days B D Define User Interface 18 days B E Define Technology Requirements 22 days C and D F Document Requirements 14 days E G Develop Architecture 35 days A and F H Creation Code Design 18 days G I Roadmap Feature Development 12 days G J User Interface Development 74 days H and I K Code Development 92 days H and I L Release Testing 32 days J and K M Get User Feedback 22 days L N Bug Fixing 28 days L O Marketing Plan 54 days E P Release Product 5 days M, N and O
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