The president of a consulting firm wants to minimize the total number of hours it will take to complete four projects for a new client. Accordingly, she hasestimated the time it should take for each of her top consultants-Charlie, Betty, Johnny, and Rick-to complete any of the four projects, as follows:Project (Hours)ConsultantACharlie13Betty11Johnny15Rick17BCENTВCD161113151418221215171222Assume there must be one-to-one matching between consultants and projects. After the row and column reductions, what is the resulting entry in the newtable for assigning Rick to project D?0 hours8 hours10 hours9 hours22 hours

Let me state the given data, Project…

Answered: The president of a consulting firm…

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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Suppose that a task in a project has the following time estimates: to=optimistic completion time=10 weeks tm=most likely completion time=17 weeks tp=pessimistic completion time=19 weeks Compute the expected task variance. The task expected task variance is _____ weeks. (Enter your response rounded to two decimal places.)
Example 2.39 Table 2.119 provides normal and crash times as well as normal and crash costs for the activities of a project. Table 2.119 Project activity details Activity Normal Time (Weeks) Normal Cost (Lakhs) Crash Time (Weeks) 1-2 3 5 2-3 4 8 2-4 3 4 2-5 8 S 3-6 4 3 4-6 6 2 5-7 5 10 6-7 3 7 1 3 2 7 2 4 4 1 Crash Cost (Lakhs) 9 14 6 6 5 3 14 10 Project Network Analysis-1 | 141 (a) Draw the network and find the critical path. (b) Using the above information, crash or shorten the activities step by step until the shortest duration is reached. MMM, VI Sem, Mumbai Univ, 2006
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Jamison Day Consul tants has been entrusted with thetask of evaluating a business plan that has been divided into foursections- marketing, finance, operations, and human resources.Chris, Steve, Juana, and Rebecca form the evaluation team. Each of them has expertise in a certain field and tends to finish thatsection faster. The estimated times taken by each team memberfor each section have been outlined in the following table. Furtherinformation states that each of these individuals is paid $60/hour.a) Assign each member to a different section such that JamisonConsultants's overall cost is minimized.b) What is the total cost of these assignments?
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Suppose that a task in a project has the following time estimates: to=optimistic completion time=9 weeks tm=most likely completion time=17 weeks tp=pessimistic completion time=21 weeks Compute the expected task completion time. The expected task completion time is _________ weeks. (Enter your response rounded to one decimal place.)
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