The information in the table below is available for a large fund-raising project. Activity Activity Times (days) Activity Cost ($) Immediate Predecessor A 3 100 None B 4 150 None C 2 125 A D 5 175 B E 2 150 B F 4 200 C, D G 6 75 C H 2 50 C, D, E I 1 100 E J 4 75 D, E K 5 350 F, G L 3 150 G, H, I M 4 400 I, J N 4 175 K, M O 1 200 H, M P 5 150 N, L, O Draw the precedence network diagram. Perform the CPM (Critical Path Method) and give the complete activity schedule table, the project completion time, and the critical path. Plot on the same graph the total project costs per day, starting from day one to the completion date, assuming the earliest start times and then assuming the latest start times. What implications does the time differential have for cash flows and project scheduling? Show step by step solution
The information in the table below is available for a large fund-raising project. Activity Activity Times (days) Activity Cost ($) Immediate Predecessor A 3 100 None B 4 150 None C 2 125 A D 5 175 B E 2 150 B F 4 200 C, D G 6 75 C H 2 50 C, D, E I 1 100 E J 4 75 D, E K 5 350 F, G L 3 150 G, H, I M 4 400 I, J N 4 175 K, M O 1 200 H, M P 5 150 N, L, O Draw the precedence network diagram. Perform the CPM (Critical Path Method) and give the complete activity schedule table, the project completion time, and the critical path. Plot on the same graph the total project costs per day, starting from day one to the completion date, assuming the earliest start times and then assuming the latest start times. What implications does the time differential have for cash flows and project scheduling? Show step by step solution
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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Question
The information in the table below is available for a large fund-raising project.
Activity |
Activity Times (days) |
Activity Cost ($) |
Immediate Predecessor |
A |
3 |
100 |
None |
B |
4 |
150 |
None |
C |
2 |
125 |
A |
D |
5 |
175 |
B |
E |
2 |
150 |
B |
F |
4 |
200 |
C, D |
G |
6 |
75 |
C |
H |
2 |
50 |
C, D, E |
I |
1 |
100 |
E |
J |
4 |
75 |
D, E |
K |
5 |
350 |
F, G |
L |
3 |
150 |
G, H, I |
M |
4 |
400 |
I, J |
N |
4 |
175 |
K, M |
O |
1 |
200 |
H, M |
P |
5 |
150 |
N, L, O |
- Draw the precedence network diagram.
- Perform the CPM (Critical Path Method) and give the complete activity schedule table, the project completion time, and the critical path.
- Plot on the same graph the total project costs per day, starting from day one to the completion date, assuming the earliest start times and then assuming the latest start times. What implications does the time differential have for cash flows and project
scheduling ? - Show step by step solution
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