B2722F1D74-1E322202G-2H156ΝN =142M2K3-210Answer the following questions for the above network. The numbers under the activity namesrepresent the duration. The numbers on the arrows represent the lead/lag times.a) The total duration of the project isb) Which activities are critical?c) The LS (Late Start) for activity G isd) Activity L hasdays of total float.e) The EF (Early Finish) for activity L isf) Activity H hasdays of total float.

Approach to solving the question: Detailed explanation: The diagram you provided shows a project…

Answered: B 2 72 2 F 1 D 74 -1 E 3 2 2 2 02 G -2…

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

See similar textbooks

Similar questions

A company is willing to develop their rocket before the end of current financial year which is now 28 weeks away. The chief engineer of the company has decided to use PERT technique in order to plan, schedule and control program of development for the data given in table below. What is the probability that the program will be completed by the end of the current financial year? (all durations are in weeks). (i) G) Optimum Duration Most likely duration Pesimistic duration 1 2 3 8 13 3 2 8 4 3 8 10 4 7 10 3 6. 3 8 4 9 10 4 8. 4 9. 5 7 9. 12 6. 5 11 7 9. 14 8 4. 00 2.
Kimpel Products makes pizza ovens for com-mercial use. James Kimpel, CEO, is contemplating produc-ing smaller ovens for use in high school and college kitchens.The activities necessary to build an experimental model andrelated data are given in the following table: a) What is the project completion date?b) Crash this project to 10 weeks at the least cost.c) Crash this project to 7 weeks (which is the maximum it canbe crashed) at the least cost.
Recently, you were assigned to manage a project for your company. You have constructed a network diagram depicting the various activities in the project (shown below to the right). In addition, you have asked your team to estimate the amount of time that they would expect each of the activities to take. Their responses are shown in the following table: example Activity A B C D Get more help. E Time Estimates (days) Most Likely Optimistic 4 5 4 1 3 8 8 5 4 8 Pessimistic 12 12 7 5 a. What is the expected completion time of the project? The expected completion time is 19 days. (Enter your response as an integer.) b. What is the probability of completing the project in 21 days? Refer to the standard normal table. The probability of completing the project in 21 days is 9 MacBook Pro Start (Enter your response rounded to four decimal places.) 0 Finish Q Q Clear all Check answer
(g) Using the IF function, write a formula in J38 to display "Yes" if the activity is critical and display "No" if the activity is not critical. Copy the formula to cells J39:J44.To calculate the entire project's variance, we simply add variance for activities on the critical path. Screenshot attached tahnks!!!
Select the best answer for the following questions: 1) An ongoing process that evaluates and implements functions that drive a business is: a) Mission impossible b) Continuous improvement c) Quality control d) Cost effectiveness 2) Project Schedules are meant to provide a path forward to guide the project planning process, but not all activities are on the 'critical' path. Those activities not on the Critical Path are distinguished by including: a) Cost of activity b) Total Float c) Long Lead time d) Negative Lag 3) At what point in an engineering project is the Engineer involved? a) Conceptual Development b) Providing specifications c) Design Development d) Financial pro-forma 4) Engineers are characteristically good at all of the following but: a) Analyzing critical data b) Providing alternate solutions to process development c) Delegating tasks for a project d) Provide Quality control during design.
EX6-7 (Algo) The project information for the... The project information for the custom order project of the Air Control Company is presented here. Compute the early and late activity times and slack times. Identify the critical path. How many days will the project take? ID A Order review Activity BCDEFGH Order standard parts Produce standard parts Design custom parts Software development Manufacture custom hardware Assemble Test The project will take The critical activities are The late start on Activity C is The slack on Activity C is The slack on Activity D is The early start on Activity E is Predecessor Time None 5 A A A A C, D B, F E, G LANTERN 1 20 23 34 11 10 7 days. days. days. days. days.
B/U pe Activity A B D 11. A project has the activity duration and cost information indicated in the table where all times are in weeks. There is a penalty of $4,000 per week for every week the project exceeds 37 weeks. What is the lowest total cost for completing this project? Predecessor Time 18 11 A A B C E D Normal A H 12 15 3 19 Asbe de ABC' AMBBC RACE AB 7 8 12 6 Normal Cost Crash Time Crash Cost $22,000 $32,000 $62,000 $18,000 $35,000 $8,000 $23,000 $32,000 $56,000 $12,000 5 $18,000 19 $22,000 $9,000 $15,000 $5,000 $13,000 $20,000 $45,000 2 5 4
Which of the following statements regarding PERT analysis is TRUE? Select one: O a Project variance is the sum of all activity variances. O b. Project standard deviation is the sum of all critical activity standard deviations. O c. Each activity has two estimates of its duration. O d. Only critical activities contribute to the project variance
The CEO of Carol O'Lights Manufacturing, produces custom-built relay devices for auto makers. The most recent project undertaken by Ms. O'Lights requires 11 different activities. The activities necessary to build an experimental relay model and related data are given in the following table. What is the Late Start on Activity C? What is the slack on Activity C? What is the slack on Activity B? What is the critical path? What is the Early Finish on Activity H?
Evaluate the below statement according to the project management terminologies and choose the correct answer: It is the process of making a forecast or precise approximation Choose... of time and cost associated with a work package or activity. Graphically describes a project consisting of well-defined Choose.. activities, the completion of which marks its end. One of the Perform Quantitative Risk Analysis process has a Choose.. Tools and Techniques. Useful for building accountability through assigning specific Choose.. tasks to team members. It is the standard format each path through the network must be continuous with no gaps, discontinuities, or dangling Choose... activities. Organizational Assets, Project Scope Statement, Cost Management Plan and Schedule Management Plan are inputs Choose.. of: Choose... Work Breakdown Structure Expert Judgment Bar chart Estimating A horizontal diagram format Plan Risk Management
Please solve my Problem as Soon as possible. Thank You!
The following information relates to a project (task times are in weeks). Use the information to solve for the critical path and then to determine the probability that the project could be completed within 36 weeks. Task A B C D E F Preceding Tasks to 4 4 2 None A B D, E tm 6 7 7 8 13 9 8 0 W CON 6 tp 8 10 12 18 15 10 Click the icon to view the table of standard normal probabilities. The probability that the project is completed within 36 weeks is. (Enter your response rounded to four decimal places.)

SEE MORE QUESTIONS

Recommended textbooks for you

Understanding Business

Management

ISBN:

9781259929434

Author:

William Nickels

Publisher:

McGraw-Hill Education

Management (14th Edition)

Management

ISBN:

9780134527604

Author:

Stephen P. Robbins, Mary A. Coulter

Publisher:

PEARSON

Spreadsheet Modeling & Decision Analysis: A Pract…

Management

ISBN:

9781305947412

Author:

Cliff Ragsdale

Publisher:

Cengage Learning

Understanding Business

Management

ISBN:

9781259929434

Author:

William Nickels

Publisher:

McGraw-Hill Education

Management (14th Edition)

Management

ISBN:

9780134527604

Author:

Stephen P. Robbins, Mary A. Coulter

Publisher:

PEARSON

Spreadsheet Modeling & Decision Analysis: A Pract…

Management

ISBN:

9781305947412

Author:

Cliff Ragsdale

Publisher:

Cengage Learning

Management Information Systems: Managing The Digi…

Management

ISBN:

9780135191798

Author:

Kenneth C. Laudon, Jane P. Laudon

Publisher:

PEARSON

Business Essentials (12th Edition) (What's New in…

Management

ISBN:

9780134728391

Author:

Ronald J. Ebert, Ricky W. Griffin

Publisher:

PEARSON

Fundamentals of Management (10th Edition)

Management

ISBN:

9780134237473

Author:

Stephen P. Robbins, Mary A. Coulter, David A. De Cenzo

Publisher:

PEARSON

SEE MORE TEXTBOOKS