MANAGEMENT LCPO
9th Edition
ISBN: 9781264345151
Author: KINICKI
Publisher: MCGRAW-HILL HIGHER EDUCATION
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Question
Chapter 10, Problem 2FD
Summary Introduction
Case summary:
Mr. B, the CEO of company C with past experience as a chief marketing officer in Company T, has to lead the organization for bringing changes in order to make the company successful as before. Mr. B has to face various challenges in making strategic decisions regarding the change.
Interpretation:
Causes of problem.
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Question four
A new project is to be completed. The following activities need to be completed in the order shown, where
times are in weeks.
A new project is to be completed. The following activities need to be completed in the order shown, where
times are in weeks.
Activity
Optimistic Most Most
Immediate
predecessors time
Variance
likely pessimistic
time time
AB
A
2
3
4
0.11111
2
4
6
0.44444
C
A,B
1
2
3
0.11111
D
B
1
3
5
0.44444
E
A
2
3
4
0.11111
F
C
1
4
7
1
G
E,F
2
2
2
0
H
D,F
2
5
8
1
I
G,H
1
3
5
0.44444
J
I
2
3
4
0.11111
You must use two decimal places at all times for expected times when they are not integer (you are
not permitted to round off to integers).
(a)
Draw the activity network for this problem
(b)
Determine the Expected Times.
Determine the activity schedule (ES, EF, LS, and LF) as well as slack.
Determine and state the critical path for this project.
What are the expected time and the variance of the project?
(f)
What is the probability that the project is completed in 22…
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Check out the Grameen Bank story on the Web at…
What are some challenges associated with e-business?
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