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Apple Inc. is about to introduce a new product. The new product is manufactured by assembling Product A and Product B. Below listed the required activities in producing the new product with the duration for each activity." Extra cost to reduce the Activity Description Duration Immediate Max. no. of predecessor(s) days the activity can be reduced (days) activity by 1 day Purchase raw 9. 2 $10 materials $20 $5 Hire and train workers 6. A, B A, B Produce product A Produce product B Safety check for product B Assemble products A and B 8. $40 D $30 12 C, E $50 (a) Identify the critical path and determine the project completion time. (b) How much time can activity C be delayed without affecting the project duration? (c) Suppose the new product must be released in 32 days, explain how Apple Inc. could achieve the 32-day target with minimum extra cost. What is the minimum extra cost incurred? - END ~ 10

Apple Inc. is about to introduce a new product. The new product is manufactured by assembling Product A and Product B. Below listed the required activities in producing the new product with the duration for each activity." Extra cost to reduce the Activity Description Duration Immediate Max. no. of predecessor(s) days the activity can be reduced (days) activity by 1 day Purchase raw 9. 2 $10 materials $20 $5 Hire and train workers 6. A, B A, B Produce product A Produce product B Safety check for product B Assemble products A and B 8. $40 D $30 12 C, E $50 (a) Identify the critical path and determine the project completion time. (b) How much time can activity C be delayed without affecting the project duration? (c) Suppose the new product must be released in 32 days, explain how Apple Inc. could achieve the 32-day target with minimum extra cost. What is the minimum extra cost incurred? - END ~ 10

Practical Management Science
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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Apple Inc. is about to introduce a new product. The new product is manufactured by assembling Product A and Product B. Below listed the required activities in producing the new product with the duration for each activity." Extra cost to reduce the Activity Description Duration Immediate Max. no. of predecessor(s) days the activity can be reduced (days) activity by 1 day Purchase raw 9. 2 $10 materials $20 $5 Hire and train workers 6. A, B A, B Produce product A Produce product B Safety check for product B Assemble products A and B 8. $40 D $30 12 C, E $50 (a) Identify the critical path and determine the project completion time. (b) How much time can activity C be delayed without affecting the project duration? (c) Suppose the new product must be released in 32 days, explain how Apple Inc. could achieve the 32-day target with minimum extra cost. What is the minimum extra cost incurred? - END ~ 10
Transcribed Image Text:Apple Inc. is about to introduce a new product. The new product is manufactured by assembling Product A and Product B. Below listed the required activities in producing the new product with the duration for each activity." Extra cost to reduce the Activity Description Duration Immediate Max. no. of predecessor(s) days the activity can be reduced (days) activity by 1 day Purchase raw 9. 2 $10 materials $20 $5 Hire and train workers 6. A, B A, B Produce product A Produce product B Safety check for product B Assemble products A and B 8. $40 D $30 12 C, E $50 (a) Identify the critical path and determine the project completion time. (b) How much time can activity C be delayed without affecting the project duration? (c) Suppose the new product must be released in 32 days, explain how Apple Inc. could achieve the 32-day target with minimum extra cost. What is the minimum extra cost incurred? - END ~ 10
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