b) - Draw the Activity-on-Node (AON) diagram using the following representation for every node: Activity Expected

Practical Management Science
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Chapter2: Introduction To Spreadsheet Modeling
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Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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# 2 a- Freeze Inc. is planning the implementation of a new sales offices in the Tampa - FL area for its growing air conditioning
business and have identified activities and their immediate predecessors for this project as follows:
Page 1 of 4
p: Pessimistic
Time (weeks)
Activity
Activity Description
Immediate
a: Optimistic
Time (weeks)
m: Most Likely
Time (weeks)
Predecessors
Locate new facilities
None
4
8
12
Order furniture
1
3
13
Interview prospective staff
None
2
10
4
train staff
3
7
8
15
Remodel facilities
1
8
10
18
6
Receive and set up furniture
Move in and start up
4, 5, 6
1
1
1
b) - Draw the Activity-on-Node (AON) diagram using the following representation for every node:
Activity
Expected
Description
Time
ES
EF
LS
LF
Transcribed Image Text:# 2 a- Freeze Inc. is planning the implementation of a new sales offices in the Tampa - FL area for its growing air conditioning business and have identified activities and their immediate predecessors for this project as follows: Page 1 of 4 p: Pessimistic Time (weeks) Activity Activity Description Immediate a: Optimistic Time (weeks) m: Most Likely Time (weeks) Predecessors Locate new facilities None 4 8 12 Order furniture 1 3 13 Interview prospective staff None 2 10 4 train staff 3 7 8 15 Remodel facilities 1 8 10 18 6 Receive and set up furniture Move in and start up 4, 5, 6 1 1 1 b) - Draw the Activity-on-Node (AON) diagram using the following representation for every node: Activity Expected Description Time ES EF LS LF
b) – Draw the Activity-on-Node (AON) diagram using the following representation for every node:
Activity
Description
Expected
Time
ES
EF
LS
LF
Slack
C.) Complete the following table, determine the expected time of completion assuming that the project starts at week 0 (zero) and
identify the critical path for this project. Demonstrate all your calculations.
On Critical
Path?
Activity
Activity Description
ES
EF
LS
LF
Slack
Yes or No
Locate new facilities
2
Order furniture
Interview prospective staff
Hire and train staff
3
4.
Remodel facilities
Receive and set up furniture
Move in and start up
6
7
a) Complete the following table, calculate the project variance and project standard deviation. Demonstrate all your
calculations.
Transcribed Image Text:b) – Draw the Activity-on-Node (AON) diagram using the following representation for every node: Activity Description Expected Time ES EF LS LF Slack C.) Complete the following table, determine the expected time of completion assuming that the project starts at week 0 (zero) and identify the critical path for this project. Demonstrate all your calculations. On Critical Path? Activity Activity Description ES EF LS LF Slack Yes or No Locate new facilities 2 Order furniture Interview prospective staff Hire and train staff 3 4. Remodel facilities Receive and set up furniture Move in and start up 6 7 a) Complete the following table, calculate the project variance and project standard deviation. Demonstrate all your calculations.
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