You have signed a contract to build a garage for the Simpsons. You will receive a $500 bonus for completing the project within 30working days. The contract also contains a penalty clause in which you will lose $100 for each day the project takes longer than 30working days.Given the information below, complete the forward and backward pass, compute activity slack, and identify the critical activities.IDABCDEFGHI3KDescription:Prepare sitePour foundationErect frameRoofWindowsDoorsElectricalRough-in frameDoor openerPaintCleanupThe project will takeThe critical activities areThe early start on Activity DisThe late start on Activity E isThe slack on Activity E isThe slack on Activity F isPredecessorNoneA8CCCD, E, F, GF, GH, I3Time(days)ANANH0HUMMe424days.days.daysdaysdays

The critical path refers to the longest sequence of activities or tasks in a project that must be…

Answered: You have signed a contract to build a…

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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PERT-CPM Yu and Mi Company is planning to computerize its accounting system. Its IT consultant has determined the following activities required to complete this project together with the time estimates and precedence relationships. Time estimates (weeks) Optimistic Most Likely Pessimistic 5 Activity Description Predecessor Recruit project personnel System development System training Equipment training Manual system test Prel. System changeover Computer-personnel interface Equipment redesign Equipment testing J A 8 12 17 B 3 15 C A 4 7 10 D A 8 23 В. С В. С D, E D, E E F 1 1 1 1 4 13 3 H 1 2.5 7 I H 1 1 1 System debugging and installation Equipment changeover F, G G, I K 5 8. 11 a. Determine the expected project completion time and the variance. b. What is the project's critical path? c. Determine the probability that the project will be completed in 40 weeks or less.
An advertising project manager developed the network diagram shown in Figure 2.10 for a new advertising campaign. In addition, the manager gathered the time information for each activity, as shown in the accompanying table. a. Calculate the expected time and variance for each activity. b. Calculate the activity slacks and determine the critical path, using the expected activity times. c. What is the probability of completing the project within 23 weeks?
The information relating to a project that you are working on is listed in the table below: Activity Predecessor Optimistic Most likely Pessimistic Time Time Time (Days) (Days) 24 (Days) 4. 8. 10 11 6. 12 24 A;B 14 25 B;C 11 16 27 D;E 13 15 35 F 19 Required: 3.1 Using the PERT formula calculate the time value (t) for each activity and construct (10). the network diagram (Activity on Node). 3.2 Calculate the Early Start; Late Start; Early Finish & Late Finish and slack times for (10) all activities. (5) 3.3 Identify the paths and show critical path. 3. 5 ABc DE F.
Q: For the activites shown in the table below, find the time duration of the project and the critical path. Activity A BC DEFOHIKMNR Duration 4 5 | 68378 1138 489 4 (weeks) Following C,D,E D,F J A O KMLK N M R Activity
Please Keep in mind that the activity is upto G only. General Foundry's project crashing data are shown below. Crash this project to 13 weeks using CPM. What is the final time for each activity after crashing? What is the crash cost per week per activity and the total cost of crashing?
Slack guns for each of the activities
Hoff & Catherine Building company has plans to build a City Centre for the Government. The stages of the project are depicted in the table below: Activity Immediate Predecessor Duration (weeks) Remarks A - 2 B A 7 C B 5 D C 6 E C 4 F E 10 G D 7 H E, G 12 I C 7 J F, I 9 K J 4 L J 5 M H 5 N K,L 10 Calculate the earliest start, earliest finish, latest start, latest finish and slack time for each activity. Calculate the critical path How long does it take to complete the project assuming no delays?
I need help with the following: -Calculating the expected time and variance for all of these activities. -Drawing the full network with the Activity on Node Style. -Calculate what the Criticial Path is using CPM method. -Activity variance for the critical path and the standard deviation -Finding the probability of completing of the project before 41 weeks using the Simple Way
The following represents a project with known activity times. All times are in weeks.Activity ImmediatePredecessor TimeA - 4B - 3C - 1D B 2E A 3F C, E 5G D 3H F 2I G, H 3J I 6K I 4L J 21) Create a CPM Network. 2) What is the total project time? 3) What activities are on the critical path?4) Compute the slack time for all non-critical activities. 5) What is the latest possible start time for activity D? Please show all work in excel and how you did it, Thank you!
Following are the activities of a project: Activity time in weeks Immediate Most Most MostActivity Precedence Optimistic Likely PessimisticA None 4 7 13B A 6 9 11C A 5 7 09D B 3 5 07E C 7 8 10F D 2 3 05G E 6 7 08H F&G…
The table bellow includes all activities to overhaul the workshop for a local company. The table shows time estimates compiled by the project manager for each of the activities of the project including optimistic, most likely, and pessimistic. The CEO wants to finish the overhaul in 47 working days from now. 12 3 45 6 7 8 9 10 -- 12 3,5 4 6 7,8 7 5 6 3 11 7 3 45 8 4 7 8 4 17 8 Activities Predecessors Optimistic Most Likely 4 8 7 11 4 Pessimistic 8 12 5 25 15 9 9. 17 4 a) Sketch the project activity network in the submitted paper b) Calculate the expected activity times te for all activities based on the beta distribution. but write here te for Activity 5 C) Calculate the variance of the beta distribution oe? for all activities. But write here oe? for Activity 5 d) Define the critical path (in numbers without spaces ) e) Which activity has the maximum slag? f) What is the probability that everything will be ready in time?
Copleo Staton Usc Critical Path Method to cstinate in how many weeks the project below will be subenitiod ad find the eritical path (Choose 2 answers weeks and critical path) Activity A: Prepare Initial design B: Identify new potential clients C: Develop prospectus for tenants A D: Prepare final design E: Obtain planning permission F: obtain finance from bank G: Select contractor H: Construction I: Finalize tenant contracts J: Tenants move in dependent time 5. 3 8 E D G, F В, с, Е I, H 3 17 13 2 k Seve and Submit te sere and subeit. Click Save AR Ansers fto see all axnrers. Save AA Take Test: MD-TIRM. eveptmeged d- Downlods O34 WeekS 29 Weeks Critical path : A-GE-F-H-J Critical path : A-D-E-F-HJ O Critical path : A-C-B-F-H J O 35 weeks Click Save and Submir to save and submit. Chick Save All Ansvers to sa Dewnloads Take Test MD-T of TOSHIBA

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