i. Draw the network for this project. ii. Calculate the estimated time for each activity. iii. Find the Critical Path and the expected number of weeks for completion of the project.
i. Draw the network for this project. ii. Calculate the estimated time for each activity. iii. Find the Critical Path and the expected number of weeks for completion of the project.
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...
Related questions
Question
![c) A research and development department in XYZ Company is developing a new product for the
company to attract more customers and hence maximize on sales. The R & D manager has
revealed that the following activities will take place in the coming weeks.
Activity
ABCDEFGH
А
с
Η
I
Immediate
predecessors
None
A
A
B
B
с
E
D,F
G,H
Optimistic
time
4
5
4
15
10
8
4
1
6
Most likely
time
6
7
8
20
18
9
00
8
2
7
Pessimistic
time
8
15
12
25
26
16
12
3
8
Page 1 of 5
i. Draw the network for this project.
ii. Calculate the estimated time for each activity.
iii. Find the Critical Path and the expected number of weeks for completion of the project.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F7667bd91-87be-494b-9fcc-47c51451bc30%2F2e73a3db-f71e-48d4-aeaf-00c05c39ae1c%2Fs79olwq_processed.png&w=3840&q=75)
Transcribed Image Text:c) A research and development department in XYZ Company is developing a new product for the
company to attract more customers and hence maximize on sales. The R & D manager has
revealed that the following activities will take place in the coming weeks.
Activity
ABCDEFGH
А
с
Η
I
Immediate
predecessors
None
A
A
B
B
с
E
D,F
G,H
Optimistic
time
4
5
4
15
10
8
4
1
6
Most likely
time
6
7
8
20
18
9
00
8
2
7
Pessimistic
time
8
15
12
25
26
16
12
3
8
Page 1 of 5
i. Draw the network for this project.
ii. Calculate the estimated time for each activity.
iii. Find the Critical Path and the expected number of weeks for completion of the project.
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