K3 Task bme estimates for the modification of an assembly ine at Jim Goodale's Carbondale, linois,factory are as followsTime(in hours) Immediate Predecessor(s)6.0ActivityA7.05.06.04,0D-7.53.0EFThis exercise containa only parts d, and ed) Using the line drawing tool five times, draw a Gant chart for activities C through G of the projectbesed on the early times.Carefuly follow the instructions above, and only draw the required objectsOF0 2 4 6 8 10 12 14 16 18 20 22 24 28 20

A Gantt chart usually practiced in project management, is the most widespread and helpful means of…

Answered: Task bme estimates for the modification…

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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D-1. THE AMERICO OIL CO. CONSIDERING MAKING A BID FOR A SHALE OIL DEVELOPMENT CONTRACT TO BE AWARDED BY THE FEDERAL GOVERNMENT. THE COMPANY HAS DECIDED TO BID $100M. THE CO. ESTIMATES THAT IT HAS 60% CHANCE OF WINNING THE CONTRACT WITH HIS BID. IF THE CO. WINS THE CONTRACT, IT CAN CHOOSE 1 OF THE 3 METHODS FOR GETTING THE OIL FROM THE SHALE: IT CAN DEVELOP A NEW METHOD FOR OIL EXTRACTION, USE AN EXISTING (INEFFICIENT) PROCESS, OR SUBCON THE PROCESSING OUT TO A NUMBER OF SMALLER COMPANIES ONCE THE SHALE HAS BEEN EXCAVATED. THE RESULTS FROM THESE ALTERNATIVES ARE GIVEN AS FOLLOWS: DEVELOP NEW PROCESS PROFIT(M) $600 OUTCOMES PROBABILITY GREAT SUCCESS 0.40 MODERATE SUCCESS 0.50 300 FAILURE 0.10 (100) USE PRESENT PROCESS PROFIT(M) $300 OUTCOMES PROBABILITY GREAT SUCCESS 0.50 MODERATE SUCCESS 0.40 200 FAILURE 0.10 (40) SUBCONTRACT OUTCOMES PROBABILITY PROFIT(M) MODERATE SUCCESS 1.00 250 THE COST OF PREPARING THE CONTACT PROPOSAL IS $3M. IF THE CO. DOES NOT MAKE A BID, IT WILL INVEST IN AN…
(d) The company only has 4 workstations available. If it only operates its 4stations, how many weeks does it need to meet the production requirements?(e) The company has other contracts it needs to satisfy. Working on themugs more than 4 weeks means it will have to cancel another contract,incurring a penalty of $4,500. Each new workstation costs the company$2,500. What should the company do: cancel the contract or buy therequired workstations?
Q2 The lower daily needs for workers in a manufacturing organization provided in the below table, each worker works for eight hours, the management needs to determine the lower number of workers to maintain the flow and stability of the work in each shaft. Formulate LP model for this problem and suggest (only suggestion) a method to find the optimal solution Shaft
4 - Suppose that Ray-Ban is considering a new line of sunglasses that would be sold in major department stores. The new line would be positioned as a more distinctive brand than the typical glasses sold through department stores, and would be priced higher than other brands in the store, but a lower price line than the current Ray-Ban lines that are sold through more selective stores. In determining the price for this sunglass line, Ray-Ban wants to gather information about all brands sold in department stores and about customers' perceptions of those brands. Given Ray-Ban's plan for positioning the new sunglass line, they should use a ____ strategy when introducing their new product. promotional penetration price-skimming secondary-market
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Mavis Wanczyk (53) of Chicopee, MA was the sole winner of the $758.7 million Powerball jackpot on August 23, 2017. It was the largest jackpot prize won on a single ticket in U.S. lottery history. She was given the choice of either receiving a one-time lump sum payment of $480,500,936 upfront or an annuity. The annuity option distributes the jackpot of $758.7 million over 30 annual payments, which increase by 5% each year to keep up with the costs of living. The first payment of the annuity is paid immediately and the subsequent payments are paid at an annual frequency. Thus, the (undiscounted) sum of the annuity payments equals the jackpot amount of $758.7 million. a. What are the values of the first and the last payments of the annuity option? b. Compute the present value of the annuity payments if Mrs. Wanczvk has a discount rate of 4%. c. What considerations besides the present value computed above should Mrs. Wanczyk take into account when deciding between a lump-sum payment and…
Weapon Cost (gold pieces) Damage to medium targets Critical damage Weight (pounds) Throwing axe 8 6 12 2 Javelin 1 6 12 2 Longsword 15 8 32 4 Mace (light) 5 6 12 4 Spear 2 8 24 6 The elf leader Galandir has up to 30,000 gold pieces to spend on an arsenal of javelins, longswords, and spears for her band of elves for a planned assault on Mordruk in which she would like to inflict as much critical damage possible. For the sake of swiftness the total weight of Galandir’s arsenal cannot exceed 3000 pounds, and as the elves are particularly skilled at javelin-throwing she would like to include at least half as many javelins as swords. What should her weapons arsenal look like, and how much critical damage can be inflicted? Define the variables. Construct the objective and constraint functions. Use Excel to use the simplex method to optimize the…
true or false 6. Certainty-equivalence methods were found to yield greater risk seeking than probability-equivalence methods.
The structure of your firm has two lower-level positions: an entry level position in which each employee receives a one year contract and a second level position (i.e., one step up from entry level) in which employees receive three year contracts. At the end of the first year, entry level employees undergo a formal evaluation that has three possible outcomes: a promotion to the second level position with a three year contract, a renewal of the one year contract for a second year at the entry level, or termination from the firm. At the end of the three year contract at the second level, employees undergo a similar formal evaluation resulting in either renewal for another three years or termination. The firm makes initial hires at both the entry level and second level positions. As the firm’s HR manager, you have a job applicant you are interested in hiring who has the resume qualifications of someone that you would typically hire at the second level position (with a three year…
3.4 part a b c
13 4. A ramp is attached to a mover's truck. The ramp is 7 ft long and the truck is 6 ft from the bottom of the ramp. A diagram of the ramp with dimensions is below. 7 ft x 6 ft To the nearest degree, determine the angle that the ramp makes with the ground. Hint: 0 = = adjacent hypotenuse = trig ratio used Remember you will need to use your inverse function on your calculator to find the angle.
23) The second group of maturity models may be formed through integration-related models. Select one: a. True b. False

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