Problem 2A network with the activity times (in days) and other relevant data is shown below.A(4)B(2)C(4)D(3)E(5)F(6)G(2)I(5)H(3)J(7) ActivityABCDEFGHIJNormal Time424356235Time (days)7Crash Time4122431227Normalcost$5,000$4,000$9,000$5,000$9,000$7,000$2,000$6,000$10,000$8,000Cost increment/day crashed$1,000$500$700$1,000$700$1,000$1,000$800a. Find the critical path and the normal project length.b. Find the project length and project cost if all activities are crashed to their minimumcompletion times.c. Which activities would you crash? What would be the total cost when crashing only theseactivities (rather than all of them, as above)?

A network diagram is a graphical representation of a project that helps to identify the activity…

Answered: a. Find the critical path and 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...

See similar textbooks

Similar questions

You have signed a contract to build a garage for the Lloyds.You will receive a $200 bonus per day you saved if the project takes less than 28 days.The contract also contains a penalty clause in which you will lose $100 for each day the project takes longer than 28 days. What is the expected project duration? ID Predecessor Duration A _ 5 B A 3 C B 8 D B 7 E C 5 F C 8 G D 7 H E, F, G 2 I H 1
You are assisting the head of the marketing department to develop a project charter for a project titled, COVSTRONG 2021, which will be implemented later this year. Based on your knowledge of this activity and process (i.e. creating the project charter), at what stage of the project life cycle is the COVSTRONG 2021 Project? Select one: a.Executing b.Closeout c.Initiation d.Planning
The following represents a project that should be scheduled using CPM: ACTIVITY ABCDEFGH А с IMMEDIATE PREDECESSORS IAABUDR C,D D,E F,G TIMES (DAYS) b a 1 1 3 - NTTTTE 1 1 1 1 2 m 5 WaNNASNU 2 5 4 2 2 6 3 ∞∞NWO3770 9 10 12 8
My project is to build the Army's new ACFT test. This project will take two years to complete. Initial Investment will be 75,000. The start date is 8 November 2023. The PT test would consist of running 6 lanes and then a two mile run . We would have to obtain all the equipment before transferring over but we also need a testing phase. After testing phase we need PT graders then implement of the new PT test. Part 1: Project Scope Create a Project Scope for your project. You can follow the examples in your textbook. For this project the following items are necessary in the Scope Statement: · Project Objective · Project Deliverables · List several milestones · Technical Requirements · Project Constraints or Limits · Ethical and Social Responsibility considerations · Customer review (The name of your Instructor) Part 2: WBS Next create the Work Breakdown Structure (WBS) for your project. You will need to have at least 20 tasks. You should break the work down to a level…
There are many project planning methodologies available and Babu (2019) lists some of them. Use the Agile projectplanning methodology and appraise it in the context of a project that you know of.
Risk reduction and risk transfer are two techniques that can be used to manage risk in a project. Using suitable examples, explain both risk reduction and risk transfer.
What is the probability that the project will be completed by a specific date?
To finish crashing the project by the required 6 days (6 days total off the original project duration), which activity (or activities) should you now crash? O A C and G B and C B and G O E Crash the project by 6 days. What is the total cost of crashing the project (just the additional cost, not total project cost)? (Display your answer to two decimal places.) Number
ACTIVITY WK(S) PRECEDES CRASH COST/WEEK A(START $370 $120 $220 1 $140 F(END) 3 $400 Suppose that Rafay is only given 8 weeks (instead of 10) to complete the project. By how many weeks should each activity be crashed in order to meet the deadline? Assume that you can crash an activity down to 0 weeks duration. Activity Each Activity Should be Reduced BY (weeks) A O week(s) B1 week(s) C 2 week(s) E O week(s) F Oweek(s) What is the total crashing cost? $ nothing (Enter your response as a whole number.) PLEASE SHOW ME HOW TO GET THE CALUCLATION ON MY OWN SHOW YOUR STEPS i DO KNOW THAT CC-NC/NT-CT BUT I DONT KNOW WHAT FIGURES GOES WHERE AND WHY B с E 3 2 4 B,C E F F
he project charter involves several elements including, the project manager and project title. Use suitable examples to explain any other five elements of the project charter Milestone schedule Key assumptions Constraints Major risks
Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.
for the following project, answer the given questions. A- The expected duration. B- Total duration and the critical path. C- Probability Z, if you know that the Target duration (TD) Activity Preceding activity A B is 30 weeks. C A D- How many weeks activity F can be delayed without D A affecting the start date of h. F G h ** A B, C D E,F,G Optimistic Most likely duration duration (do) (dm) 2 10 8 10 7 9 3 5 4 12 9 15 7.5 9 3.5 5 Pessimistic duration (dp) 12 26 10 201 11 9 7 5

Recommended textbooks for you

Practical Management Science

Operations Management

ISBN:

9781337406659

Author:

WINSTON, Wayne L.

Publisher:

Cengage,

Operations Management

ISBN:

9781259667473

Author:

William J Stevenson

Publisher:

McGraw-Hill Education

Operations and Supply Chain Management (Mcgraw-hi…

Operations Management

ISBN:

9781259666100

Author:

F. Robert Jacobs, Richard B Chase

Publisher:

McGraw-Hill Education

Practical Management Science

Operations Management

ISBN:

9781337406659

Author:

WINSTON, Wayne L.

Publisher:

Cengage,

Operations Management

ISBN:

9781259667473

Author:

William J Stevenson

Publisher:

McGraw-Hill Education

Operations and Supply Chain Management (Mcgraw-hi…

Operations Management

ISBN:

9781259666100

Author:

F. Robert Jacobs, Richard B Chase

Publisher:

McGraw-Hill Education

Business in Action

Operations Management

ISBN:

9780135198100

Author:

BOVEE

Publisher:

PEARSON CO

Purchasing and Supply Chain Management

Operations Management

ISBN:

9781285869681

Author:

Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson

Publisher:

Cengage Learning

Production and Operations Analysis, Seventh Editi…

Operations Management

ISBN:

9781478623069

Author:

Steven Nahmias, Tava Lennon Olsen

Publisher:

Waveland Press, Inc.

SEE MORE TEXTBOOKS