Concept explainers
Rich Cole Control Devices, Inc., produces custombuilt relay devices for auto makers. The most recent project undertaken by Cole requires 14 different activities. Cole’s managers would like to determine the total project completion time (in days) and those activities that the along the critical path. The appropriate data are shown in the following table.
a) What is the probability of being done in 53 days?
b) What date results in a 99% probability of completion?
Want to see the full answer?
Check out a sample textbook solutionChapter 3 Solutions
EBK PRINCIPLES OF OPERATIONS MANAGEMENT
Additional Business Textbook Solutions
OPERATIONS MANAGEMENT IN THE SUPPLY CHAIN: DECISIONS & CASES (Mcgraw-hill Series Operations and Decision Sciences)
Principles Of Operations Management
Operations Management: Sustainability and Supply Chain Management (12th Edition)
Loose-leaf for Operations Management (The Mcgraw-hill Series in Operations and Decision Sciences)
Operations Management
Business in Action
- An electrical engineer wants to finish his new device production project within 47 days to meet his contract deadline. Explain what he should do to meet his plan . The project information is listed below. Please ignore the indirect cost.arrow_forwardyou can solve it on table and i will copy itarrow_forwardGeneral 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? TIME (WEEKS) COST ($) ACTIVITY IMMEDIATE PREDECESSORS NORMAL CRASH NORMAL CRASH A — 2 1 22,000 23,000 B — 3 1 30,000 34,000 C A 2 1 26,000 27,000 D B 3 2 48,000 49,000 E C 4 2 56,000 58,000 F C 3 2 30,000 30,500 G D, E 5 2 80,000 83,000 H F, G 2 1 16,000 19,000arrow_forward
- Development of Version 2.0 of a particular accounting software product is being considered by Jose Noguera's technology firm in Baton Rouge. The activities necessary for the completion of this project are listed in the following table: Normal Crash Activity Time (weeks) Time (weeks) A B с D E F G 4 2 3 8 6 3 4 3 1 3 4 3 2 2 a) Based on the given information regarding the activities for the project, the project length = Normal Cost $2,000 $2,300 $600 $2,300 $900 $3,200 $1,500 weeks. Total Cost with Crashing Immediate Predecessor(s) $2,650 $2,900 $600 $2,600 $1,200 $4,400 $1,900 A B C D, Earrow_forwardI'm unable to answer the following question? What is the total cost of crashing the project from its current duration down to 13 weeks?arrow_forwardThe following represents a project that should be scheduled using CPM: ACTIVITY A B C D E F G H IMMEDIATE PREDECESSORS A A B C, D D, E F,G b. What is the critical path? ⒸA-D-G-H OB-E-G-H ⒸA-C-F-H A-D-F-H Probability TIMES (DAYS) b Project completion time a 1 1 2 1 1 3 1 2 m 2 2 2 8 2 4 3 3 6 9 11 9 3 c. What is the expected project completion time? Note: Do not round intermediate calculations. Round your answer to 3 decimal places. 11 11 11 X Answer is not complete. days d. What is the probability of completing this project within 19 days? Note: Use Excel's NORM.S.DIST function to find the correct probability for your computed Z value. Do not round intermediate calculations. Round Z value to 2 decimal places and final answer to 4 decimal places.arrow_forward
- Answer the following homework questionarrow_forwardDevelopment of Version 2.0 of a particular accounting software product is being considered by Jose Noguera's technology firm in Baton Rouge. The activities necessary for the completion of this project are listed in the following table: Normal Crash Activity Time (weeks) Time (weeks) A B 3 1 3 4 3 2 2 a) Based on the given information regarding the activities for the project, the project length с D E F G 2 8 6 Normal Cost $2,100 $2,300 $500 $2,400 $900 $3,400 $1,600 weeks Total Cost with Crashing Immediate Predecessor(s) $2,700 $3,000 $500 $2,700 $1,350 $4,900 $2,200 С D, Earrow_forwardEarned value analysis is the project management tool that is used to measure project progress. You are a project manager in company XYZ that responsible to handling the packaging machine project with the total cost budgeting is RM100,000. There are including RM24,000 (Design), RM60,000 (build) and RM16,000 (install & test). The information regarding on the project progress development in weeks 8 as shown in Table 2 below: No Type Cumulative Budgeted Cost (CBC) 2 Cumulative Actual Cost (CAC) Cumulative Earned Value (CEV) 1 3 TOTAL RM i. ii. iii. iv. 64,000 68,000 54,000 100,000 Percentage 64.0 Cost performance Index (CPI) [hint: CEV/CAC] Cost variance (VC) [hint: CEV-CAC] 68.0 54.0 a) Based on question 2(a), calculate and elaborate the various of indicators of cost performance for this project based on the respective below: 100.0 Forecasted cost of completion (FCAC) with action taken [hint: TBC/CPI] Forecasted cost of completion (FCAC) without any action taken [hint: CAC + [TBC-CEV]arrow_forward
- IMPORTANT NOTE: All Project Management Questions are from the same Project. You only need to solve the project one time. The CEO of Carol O'Lights Manufacturing, produces custom-built relay devices for auto makers. The most recent project undertaken by Ms. O'Lights requires 11 different activities. The activities necessary to build an experimental relay model and related data are given in the following table. What is the Early Start on Activity G?arrow_forwardConsider the office renovation project data in Table 7.16. A“zero” time estimate means that the activity could take a verysmall amount of time and should be treated as a numericzero in the analysis.a. Based on the critical path, find the probability ofcompleting the office renovation project by 39 days.b. Find the date by which you would be 90 percent sure ofcompleting the project.arrow_forwardColeman Rich Control Devices, I nc., producescustom-built relay devices for auto makers. The most recent projectundertaken by Rich requires 14 different activities. Rich's managerswould like to determine the total project completion time(in days) and those activities that lie along the critical path. Theappropriate data are shown in the following table.a) What is the probability of being done in 53 days?b) What date results in a 99% probability of completion?arrow_forward
- Practical Management ScienceOperations ManagementISBN:9781337406659Author:WINSTON, Wayne L.Publisher:Cengage,Operations ManagementOperations ManagementISBN:9781259667473Author:William J StevensonPublisher:McGraw-Hill EducationOperations and Supply Chain Management (Mcgraw-hi...Operations ManagementISBN:9781259666100Author:F. Robert Jacobs, Richard B ChasePublisher:McGraw-Hill Education
- Purchasing and Supply Chain ManagementOperations ManagementISBN:9781285869681Author:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. PattersonPublisher:Cengage LearningProduction and Operations Analysis, Seventh Editi...Operations ManagementISBN:9781478623069Author:Steven Nahmias, Tava Lennon OlsenPublisher:Waveland Press, Inc.