The table below contains data for the installation of new equipment in a manufacturing process aExcello Corporation. Your company is responsible for the installation project. Indirect costs are$10,000 per week, and a penalty cost of $9,000 per week will be incurred by your company forevery week the project is delayed beyond week12.Activity Immediate Predecessor(s)ABCDEFGlong dash-long dash-ABCDEFGABCD, EENormal Time Crash Time Normal Cost Crash Cost(weeks)(weeks)($)($)114,00023,000140,000322,00018,000413,000216,000323416637,0003,00012,00012,0008,0005,0009,000a. What is the shortest time duration for this project regardless of cost?(Enter your response as a whole number.)b. What is the minimum total cost associated with completing the project in 12weeks?C. What is the total time of the minimum cost schedule? (enter your response as wholenumbers). The total project's duration according to minimum cost schedule is?The minimum cost schedule is as follows?Activity Time according to scheduled (weeks)

A network diagram is a graphical representation of a project which helps to identify the activity…

Answered: The table below contains data for the…

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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Required: Develop a schedule for hiring new employees. What is thetotal cost of this schedule?
answer Part d, e and f only
(Note: Task N is a dummy task. It must be included in the relationships, but its duration is 0. Be sure its duration is set to 0) Please see attached charts and diagram. Assign the following resources to the tasks. All resources will be full time. (Set the leveling to manual first). Task Resource Cost / Day A R1 200 B R2 300 C R3 300 D R4 300 E R2 300 F R4 300 G R1 200 H R5 200 I R6 400 J R5 200 K R1 200 L R3 300 M R2 300 N - - 2. Level if necessary. Then determine the new critical path and duration. 3. What is the total cost of the project (Fixed + Resource cost)? How much does the project need in the first, second, and third weeks?
The product development group at “Griffin” Company has already worked on new computer software products that has potential to know a large market share. Via an outside source, London Management has learned that a competitor is working to bring a similar product to market. As a result, London's top management increased its pressure on the product development group. Group leaders have turned to CPM / PERT as an aid to scheduling remaining activities before new products can be brought to market. The estimated time of activity in a day is as follows Question: Create an initial network Find the cost and the duration Determine the path and critical activities
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?
An assembly task was broken down into four elements, and timed using the continuous timing method. The resulting data and performance ratings are provided below. Calculate the total standard time for this task. Element 1 2 3 4 Watch Time 1.85 2.96 5.42 7.10 Observed Time Rating 95 105 120 115 Normal Time Total ST Standard Time
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The accompanying table shows the activities, times, and sequences required: ACTIVITY IMMEDIATE PREDECESSOR TIME (WEEKS) A 3 B 2 C 4 4 6 6 DEFGHH I ✔A-C-F-G- ? A-B-E-I b. What is the critical path? (You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer.) ? A-D-H- ? A-D-F-G- B ✓C c. Suppose you want to shorten the completion time as much as possible, and you have the option of shortening any or all of B. C, D. and G each one week. Which would you shorten? (You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer.) ✔A-D-H- A A A B ? A-B-E-I C, D D, F D E, G, H d-1. What is the new critical path? (You may select more than one answer. Single click the box with the question mark to…
Power Builders Inc. is planning for an upcoming job with a large client. They have listed the specific activities and steps to be performed, and estimated the time to complete each activity. The activities involved in the job are listed below: Activity Description of Activity Preceding Activity Estimated Time Required (in weeks) A B C D E F G H I J K Planning Meeting Obtain Permit Inspect Damage Begin Repair Work Order Additional Materials Apply for Waiver Obtain Waiver Complete Electrical Work Build Interior Partitions Onsite Testing Meet With Client -- A B A D E C, F D H G, I J 5 2 5 4 2 4 2 5 5 2 2 REQUIRED: Prepare a Gantt Chart from the facts in this time budget.
We are planning to develop a room reservation system that is estimated to have 400 story points of features. Let’s say our team’s velocity on two-week sprints ranges between 20 and 25 story points. Our project will start on Dec 1, 2021. If our customer wants the project to be in production by end of June 22, how likely will the project be successful? Why? Show your calculations.
Please do fast
Normal Crash Time Activity Time (days) (days) 3 6 4 umber.) A B C $800 $250 $600 $750 $1,200 4 days? Fill in the table below. (Enter your responses as whole numbers.) Each Activity Should be Reduced BY (days) D E 4 8 5 7 7 4 Activity Normal Cost ABCDE Total Cost with Crashing Immediate Predecessor(s) $1,100 $600 $650 $1,500 $1,650 | ||40| - C

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