P. Activities' estimated duration and the timeintervals at which the actual progress isanalyzed against the planned progress are 2independent events in a project with latterhaving no relation with the former.TrueFalse

An activity's estimated duration can be defined as the approximated time that will be taken by a…

Answered: Activities' estimated duration 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...

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Question 1 A strategic alliance is an arrangement between two companies to undertake a mutuallybeneficial project while each retains its independence. The agreement is less complex andless binding than a joint venture, in which two businesses pool resources to create a separatebusiness entity a. Explain the FOUR (4) reasons for businesses embarked strategic alliances. answer should be with proper elaborations and examples. Thank you.
Question 13: A group of final year students would like to start up their business on the campus of the university they are currently studying. They have consulted several owners of on-going business on the campus and have obtained the following information: Activity Description A Prepare Company Profile Immediate Time Estimates Predecessor Optimistic (a) Most Likely (m) Pessimistic (b) 1 4 7 4 B Prepare Proposal Paper CDE Obtain Business License MOF registration A,B A,B Register with Companies Commission Malaysia C,D F Audited Report E G Obtain Tax Payment License H Obtain Business Premises License D E,F,G 1 Briefing H J Interview H K Roundtable Discussion H L Acquire Tender I,J,K M Complete Agreement of renting & Stamping M 22226332HI 1 1 1 1 3544 7552233m 8 006627733 14 N Proceed With Business L 7 14 5452 21 QUESTIONS: (a) Draw the project network. (b) Apply PERT/CPM and provide the information or table on the ES, EF, LS, LF and slack times for all the activities. What are the…
A.3 Yellowburn University, a not-for-profit higher education organization, has the following mission statement: ‘We aim to deliver excellent tuition in state-of-the-art facilities to help develop socially responsible students and to contribute to global academic research.’ Which TWO of the following would be appropriate objectives to fit in with this mission? To deliver the best possible lessons. Each member of staff is to write two research papers for publication over the next two years. To increase car parking space at the university by 10% in the next 12 months to improve access. To get 15% of all students to receive first class honors degrees each year. To ensure 100% attendance from all students for every lecture.
Q.2.2 Given in the table below is the project information consisting of the activities, predecessors, and duration: Activity Predecessor Duration AA1 5 BB2 AA1 C3 AA1 DD4 BB2 6 EE5 CC3 FF6 DD4, EE5 Using the network diagram key below, draw a project network diagram showing ONLY the Activity, Duration, Early Start (ES), and Early Finish (EF). Key: ES Activity EF Duration The first activity in the diagram is completed for you below. You are required to complete drawing the project network diagram using the project information above. AA1 5
Question 5: Irving Janis researched why a team would reach an excellent decision one time and a disastrous one the next. Janis: Group of answer choices A) Was partnering with NASA to identify ways to improve mission critical decision making. B) Saw his model as a tool that groups could use to help prevent poor decisions. C) Was working on a Congressional committee to analyze the Vietnam War. D) Was interested in applying the model to his doctoral thesis work.
Article: McDonald's Corporation 1. Discuss the strategic issue(s) that McDonald's needs address.
Question 27 Variable cells Final Reduced Objective Allowable Allowable Value Cost Coefficient Increase Decrease Cell Name $B$6 Activity 1 0 425 500 1E+30 425 $C$6 Activity 2 27.5 0.0 300 500 300 $D$6 Activity 3 0 250 400 1E+30 250 Constraints Final Shadow Constraint Allowable Allowable Value Price R.H. Side Increase Decrease Cell Name $E$2 Benefit A 110 0 60 50 1E+30 $E$3 Benefit B 110 75 110 1E+30 46 $E$4 Benefit C 137.5 0 80 57.5 1E+30 If the coefficient for Activity 2 in the objective function changes to $400, then the objective function value: A) will increase by $100. B) will increase by $7,500. OC) will remain the same. D) will increase by $2,750.
Question 1 Five different machines can do any of the five required jobs, and the profits resulting from each assignment are given below. Jobs 1 2 3 4 5 Machines A B C D E 30 37 40 28 40 40 24 27 21 36 40 32 33 30 35 25 38 40 36 36 34 39 29 62 41 Find the maximum profit possible through optimal assignment. Hint: Note that this a maximization problem. To convert it into minimization problem and apply Hungarian method, subtract all the elements of the profit matrix from its highest element. Use the optimal assignments to calculate the maximum profit.
11
Q: Final Reduced Objective Allowable Allowable Cell Name Value Cost Coefficient Increase Decrease $B$5 consider Cake (C) 0 -0.5 4.5 0.5 1E+30 $C$5 consider Dozen Cookies (D) 10 0 10 1E+30 1 what does the value minus .5 for the reduced cost of C mean (other than it is the change in thevalue of the coefficient in the objective function so that the solution includes a positive amountof C)?

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Activities' estimated duration and the time intervals at which the actual progress is analyzed against the planned progress are 2 independent events in a project with latter having no relation with the former.