OPERATIONS MANAGEMENT CUSTOM ACCESS
11th Edition
ISBN: 9780135622438
Author: KRAJEWSKI
Publisher: PEARSON EDUCATION (COLLEGE)
expand_more
expand_more
format_list_bulleted
Concept explainers
Textbook Question
Chapter 7, Problem 16P
The diagram in Figure 7.12 was developed for the project launch of Kitty Condo, a new product in the luxury cat cage market. Suppose that you, as project manager, are interested in finding ways to speed up the project at minimal additional cost. Determine the
Expert Solution & Answer
Want to see the full answer?
Check out a sample textbook solutionStudents have asked these similar questions
The diagram in Figure was developed for the project launch of Kitty Condo, a new product in the luxury cat cage market. Suppose that you, as project manager, are interested in finding ways to speed up the project at minimal additional cost. Determine the schedule for completing the project in 25 days at minimum cost. Penalty and project-overhead costs are negligible. Time and cost data for each activity are shown in Table.
The diagram below was developed for the project launch of Kitty Condo, a new product in the luxury cat cage market. Suppose that you are interested in finding ways to speed
up the project at minimal additional cost. Determine the schedule for completing the project in 26 days at minimum cost. Penalty and project overhead costs are negligible.
Time and cost data for each activity are shown below.
Activity
A B C D E F G I
1
Normal
Time (days)
9
11
7
11
12
6
10
6
5
Cost ($) Time (days)
1,300
1,050
3,000
2,000
650
700
1,550
600
2,200
Activity
A
B
C
D
E
Crash
7
9
3
10
10
3
7
3
1
Calculate the total cost for this project's schedule.
Total cost = $ (Enter your response as a whole number.)
Time according to
schedule (days)
Cost ($)
2,700
1,280
6,200
2,300
1,100
1,900
2,750
1,125
5,800
A
Activity
F
G
H
|
Start B
E
Diagram
Fill in the table below to show the proper schedule for completing the project in 26 days at minimum cost (i.e., the activity times with crashing for each activity). (Enter…
Need help with problem 2
Chapter 7 Solutions
OPERATIONS MANAGEMENT CUSTOM ACCESS
Ch. 7 - One of your colleagues comments that software is...Ch. 7 - Explain how to determine the slack for each...Ch. 7 - Define risk as it applies to projects. What are...Ch. 7 - Consider the following data for a project to...Ch. 7 - The following information is known about a project...Ch. 7 - A project for improving a billing process has the...Ch. 7 - Prob. 4PCh. 7 - Prob. 5PCh. 7 - Consider the following information for a project...Ch. 7 - Consider the following data for a project to...
Ch. 7 - Paul Silver, owner of Sculptures International,...Ch. 7 - Prob. 9PCh. 7 - The following information concerns a project to...Ch. 7 - Consider a project to produce custom door moldings...Ch. 7 - Table 7.5 contains information about au...Ch. 7 - The Advanced Tech Company has a project to design...Ch. 7 - Prob. 14PCh. 7 - Table 7.8 contains data for the installation of...Ch. 7 - The diagram in Figure 7.12 was developed for the...Ch. 7 - Prob. 17PCh. 7 - Prob. 18PCh. 7 - You are the project manager of the software...Ch. 7 - Jordanne King, the project manager for Webjets...Ch. 7 - Recently, you were assigned to manage a project to...Ch. 7 - In Solved Problem 2, estimate the probability that...Ch. 7 - The director of continuing education at Bluebird...Ch. 7 - Gabrielle Kramer, owner of Pet Paradise, is...Ch. 7 - The project manager of Good Public Relations...Ch. 7 - Consider the office renovation project data in...Ch. 7 - Activity B and activity K are critical activities....Ch. 7 - Prob. 2AMECh. 7 - Prob. 3AMECh. 7 - Prob. 4AMECh. 7 - Prob. 5AMECh. 7 - Assess the four categories of a risk-management...Ch. 7 - Prob. 2VCCh. 7 - Assume you are Denise Tower and have...Ch. 7 - Prob. 1CCh. 7 - Prob. 2CCh. 7 - Prob. 3CCh. 7 - Prob. 4C
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, operations-management and related others by exploring similar questions and additional content below.Similar questions
- Activities, preceding activities, normal and crashed completion times of each of the activities and crashed costs of activities per week of a project are given in the following table. Activity Preceding Activity Crashed Completion time (week) Normal Crashed Cost Completion Time (week) 7 per week A 7 6. 5 $500 $700 $600 $800 $400 C A 4 3 A, C В, D D, E D 9 E 10 9. F 9 II. Find the slack time of each of the activities and the critical activities. Find the minimum possible completion time of the project by considering the crashed completion times and the minimal total cost of crashing the project. iv.arrow_forwardPlease do not give solution in image format thankuarrow_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
- Give typed full explanationarrow_forwardActivities, preceding activities, normal and crashed completion times of each of the activities and crashed costs of activities per week of a project are given in the following table. Activity Preceding Activity Normal Crashed Completion time (week) Crashed Cost Completion Time (week) 7 per week A 7 B $500 C 4 3 $700 $600 A A, C В, D D, E D 7 E F 10 9. $800 9 8 $400 i. Draw the network diagram linking all the activities in a way that it shows if there exist any preceding activity/activities before starting each of the mentioned activities in the above table. ii. Find the earliest start time, the earliest finish time, the latest start time and the latest finish time of each of the activities in the drawn diagram of the project and hence the completion time of the project and the critical path.arrow_forwardHow can a business analyst communicate requirements (and associated models) for a project in project management.arrow_forward
- Teams must provide a table diagram (as shown in the sample below) of the projectimplementation plan. i.e., a table which details the major activities involved in settingup the new product operation with their time estimates and predecessor relationships.Note: The implementation plan must include at least ten (10) activities. (Note: SeeChapter 3 of the course text for assistance) Teams must provide a PERT/CPM network diagram (as shown in the sample below)of the project implementation plan. i.e., a diagram which details the major activitiesinvolved in setting up the new product operation with their time estimates andpredecessor relationships. Note: The implementation plan must include at least ten(10) activities. (Note: See Chapter 3 of the course text for assistance)arrow_forwardGiven is a Project with network diagram and activity times as shown below. Activity Time (wks) A 13 B 5 Start с 14 A c) The Slack time of Activity C = Blank 3 weeks D D a) The Earliest Start (ES) time of Activity I = Blank 1 weeks 9 b) The Latest Start (LS) time of Activity B = Blank 2 weeks f) The Project Completion time = Blank 6 weeks d) The Earliest Finish (EF) time of Activity H = Blank 4 weeks e) The Latest Finish (LF) time of Activity B = Blank 5 weeks B F E 12 E F LL 17 H G 9 J H 15 - 15 J 2arrow_forwardManagement & Science University (MSU) have appointed you as a project manager to conduct a Joint Application Design (JAD) session with members from various departments. As a project manager, you are required to develop a specific schedule for the tasks listed below. The estimated task duration for each shown in parentheses. First, you must contact and brief the participants and explain their responsibilities (1 day). Then you must obtain approval from their department managers (3 days). After you have obtained the approval, you can begin the two tasks where you can prepare the agenda for the JAD session (7 days) and arrange the meeting room (2 days) When the agenda is ready, you can start two more concurrent tasks which are preparing the information packets (4 days) and to create visual aids (8 days). When the meeting room is arranged and information packets are ready, you can send out an email to all participants (1 day). Finally, after the e-mail is sent to participants and the…arrow_forward
- Please answer all parts Activity Preceding activity Activity duration A - 6 B - 3 C - 1 D A, B 2 E A, C 5 F D, E 2 G D, F 6 Draw an AON diagram based on the activities and their relationships given in the table. Find the earliest start time (ES), earliest finish time (EF), latest start time (LS), latest finish time (LF), and Slack time for each activity of the project. Determine the slack time for each path. Find the critical activities and critical path. Determine the length of the project.arrow_forwardI need solve this in project managementarrow_forward1. The following are the activities and the time durations towards completion of a project. Compute the most probable or mean time. Indicate your answers in the last column of the table below. (See Table 1) 2. Construct the Network Diagram. Avoid DUMMIES. Determine the Early Start and Early Finish of the project and indicate them in the network. Total Duration of the Project: ______ 3. Re-draw the network diagram below. Determine the Late Start and Late Finish of the project and indicate them in the network.Total Duration of the Project = ____________________ 4. Tabulate your results by filling up the cells in the table below. (See Table 2) 5. Determine critical path:___________ 6. Show the critical path by highlighting or tracing it with red-colored lines in the network diagram in item 3.arrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you
- 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.
Practical Management Science
Operations Management
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:Cengage,
Operations Management
Operations Management
ISBN:9781259667473
Author:William J Stevenson
Publisher:McGraw-Hill Education
Operations and Supply Chain Management (Mcgraw-hi...
Operations Management
ISBN:9781259666100
Author:F. Robert Jacobs, Richard B Chase
Publisher:McGraw-Hill Education
Purchasing and Supply Chain Management
Operations Management
ISBN:9781285869681
Author:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
Publisher:Cengage Learning
Production and Operations Analysis, Seventh Editi...
Operations Management
ISBN:9781478623069
Author:Steven Nahmias, Tava Lennon Olsen
Publisher:Waveland Press, Inc.
Inventory Management | Concepts, Examples and Solved Problems; Author: Dr. Bharatendra Rai;https://www.youtube.com/watch?v=2n9NLZTIlz8;License: Standard YouTube License, CC-BY