Preview File Edit90% O EQ OGo Tools Window Helpa Stevenson, W. J. - Operations management. (14th ed.). McGraw-Hill-Mcgraw-Hill (2021).pdf (page 806 of 929)O a bearchRevHow many weeks after the original start time should the project be finished?7. Three recent college graduates have formed a partnership and have opened an advertising firm.Their first project consists of activities listed in the following table.operationsnotes6100Stevenson,a. Draw the precedence diagram.W. J..21).pdfb. What is the probability that the project can be completed in 24 days or less? In 21 days or less?c. Suppose it is now the end of the seventh day and that activities A and B have been completed,while activity D is 50 percent completed. Time estimates for the completion of activity D are 5,6, and 7. Activities C and H are ready to begin. Determine the probability of finishing the proj-ect by day 24 and the probability of finishing by day 21.nd impreo you wCExtraScreen Shot20228 PMDOCKGresume 2021TIME IN DAYSVaccine andother infoImmediateActivityPredecessorOptimisticMost LikelyPessimisticScreen Shot2022-06 PMA567росхDOCXB88.11ResumeA8112/21/221215PasswordEFD67Screen ShotG2372022-41 PMXLSXHB44Hw operation o Job4.xisx78.Searc...notesEndE, G, Id. The partners have decided that shortening the project by two days would be beneficial, as longas it doesn't cost more than about $20,000. They have estimated the daily crashing costs for eachactivity in thousands, as shown in the following table. Which activities should be crashed, andwhat further analysis would they probably want to do?Screen Shot2022 21 PMActivityFirst CrashSecond Crash$8$10Screen Shot Screen Shot Screen Shot1 20229 PM 2022-.5 PM 20228 PMD101110FCALL-DUTYMW2G910H.7868"Belk CollégeUndergraduate CareerScreen Shot. Screen Shot Call of Duty2022-.19 PM 2022-..6 PM 2022-.0 PM/20227 PM 2022-..3 PM Mode.rfare 2GroupWeightResources

A project schedule network diagram shows the sequence of the task that are performed to complete a…

Answered: a. Draw the precedence diagram. b. What…

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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ANSWER THE FOLLOWING QUESTIONS ( SHOW ALL WORKINGS) 1. Determine and state the critical path for this project. 2. What are the expected time and the variance of the project? 3. What is the probability that the project is completed in 22 or fewer weeks 4. What date should be set such that there is a 94% chance of completion within that time?
A computer-system installation project consists of eight activities. The immediate predecessors and activity times in weeks are shown below. Immediate Predecessor(s) Activity A B с D ס ח ד 0 I F G H A B, C C, D E B F, G Activity Time 3 7 3 2 5 2 10 2
(PERT-CPM) A small project consisting of eight activities has the following characteristics: -Draw the PERT network for the project. -Prepare the activity schedule for the project showing (Project duration, ES, EF, LS, LF, FLOAT/SLACK). -Determine the critical path.
Green Capital, Inc. (GC) is a small investment banking firm that specializes in securing funds for small to medium sized firms. GC is able to use a standardized project format for each engagement. Beth Bobby has been assigned to this client as project manager partner and has compiled the network information and activity times for the latest client. Activity 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 Predecessor 1 5 6,7 2 3 4 8 11 9, 12 10, 12, 14 Table 1 Optimistic (week) 16 30 60 18 17 4 12 6 18 20 40 11 12 11 0 Most Likely (week) 19 30 72 27 29 7 15 12 27 35 55 20 21 14 0 Pessimistic (week) 28 30 90 30 47 10 18 24 30 50 100 29 24 17 0
(Note: Task N is a dummy task. It must be included in the relationships, but its duration is 0. Be sure its duration is set to 0) Please see attached chart and diagram. 1. Set the Project start on Monday 11/1/20. Thursday 11/26/20, Friday 11/27/20, 12/25/20, and 1/1/21 are holidays. 2. Determine critical path and its duration. When the project will end (date)? 3. There is a possibility that the starting task K may be delayed by 3 days. Will this impact the project completion date? If yes, when will be the new finish date? (After checking this out, please restore the project to its original schedule). 4. Assign the following resources to the tasks. All resources will be full time. (Set the leveling to manual first).
Given the activities of a project; their optimistic (t.), most likely (t_) and pessimistic (t) time estimates; and their immediate predecessors shown below 1. When is the earliest project completion? 2. Which activities are critical (should not be delayed)? 3. Which activities are noncritical (can be delayed)? 4. How long can each of the activities be delayed without delaying the whole project (maamum slack]? Immediate Activity Times, months Maximum Slack, Activities Predecessors t. months to 13 16 4 17 A 2 14 3. 13 10 13 14 B. D FH. 25 ABCDELGHI
b. Calculate the critical path for this project and it's duration. c. How much slack is in each of the activities G, H, and I?
Part 1. Use the information provided in Table 1 to develop the project schedule in MS Project. Assume that the project will begin on January 1, 2022. A standard work week is to be applied to the schedule with the only recognized holidays being New Year's Day, MLK Day, Memorial Day, July 4th, Labor Day, Thanksgiving Day and the day after, and December 25th. If a holiday falls on the weekend, the employees are out of luck. Lags and times units are shown in the notes to Table 1. First, develop the schedule without considering resources. Next, add the resources with costs. Assume that tasks cannot be split. Part 2. You will need to three (3) milestones to the project. You can determine where they are. + Table 1. Activity requirements Task ID Task Description A Market Study B Functional Specifications C Manufacturing Planning Product Feature Selection E Develop Marketing Plan F Design Manufacturing Process G Detailed Smartphone Design H Prototype Testing Finalize Product Design D 1 J Order…
1. The following activities are part of a project to be scheduled using CPM. Activity Immediate Time (weeks) Predecessor A 12 B A 8. C A 7 D 14 E В, D 16 F D 14 25 E, F a. Draw the network diagram b. What is the critical path? How many days will it take to complete the project? d. How much slack time does activity B, D and F have? C.
13.42 Activity A is worth $100, is complete, and actually cost $150 Activity B is worth $500, is 75% complete, and has actually cost $400 so far Activity C is worth $500, is 25% complete, and has actually cost $200 so far. What is the estimated cost to completion for the project?
es c. How many weeks will it take to complete the project? Number of weeks 33 d. How much slack does activity B have? Slack of activity B 7 weeks
Project ALPHA has 6 activities from A to F as follows: Activity Duration Preceded By A A A B E F E Legend: Early Start Duration Early Finish Acitivity ID Late Start Float (Slack) Late Finish Which Activity (activities) is (are) called a "merged activity"? A C B B D A C E В D D B D A F A F E Select one: A A when it is a backward pass D and E F none of the given answers

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