Operations Management: Processes and Supply Chains, Student Value Edition Plus MyLab Operations Management with Pearson eText -- Access Card Package (12th Edition)
12th Edition
ISBN: 9780134855424
Author: Lee J. Krajewski, Manoj K. Malhotra, Larry P. Ritzman
Publisher: PEARSON
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Chapter 7, Problem 17P
A
Summary Introduction
Interpretation: The earliest date for completion of the project with using the normal times is to be determined.
Concept Introduction: Network diagram is a graphical representation of tasks in symbols and lines for easy understanding. The networking technique is a method for planning, programming and controlling of work in progress.
B
Summary Introduction
Interpretation: The minimum cost project scheduled should be found out.
Concept Introduction: Network diagram is a graphical representation of tasks in symbols and lines for easy understanding. The networking technique is a method for planning, programming and controlling of work in progress.
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You are in charge of a project at the local community center. The center needs to remodel one ofthe rooms in time for the start of a new program. Delays in the project mean that the center mustrent other space at a nearby church at additional cost. Time and cost data for your project arecontained in below table. Your interest is in minimizing the cost of the project to the communitycenter.Using the normal times for each activity, what is the earliest date you can complete the project?Suppose the variable overhead costs are $50 per day for your project. Also, suppose that thecenter must pay $40 per day for a temporary room on day 15 or beyond. Find the minimum-costproject schedule using below format.The AON diagram for the community center project is below.
Crash 4 times and find total cost.
You are in charge of a project at the local community center. The center needs to remodel one of the rooms in time for the start of a new program. Delays in the project mean that the center must rent other space at a nearby church at additional cost. Time and cost data for your project are contained in the table. Your interest is in minimizing the cost of the project to the community center. a. Using the normal times for each activity, what is the earliest date you can complete the project? b. Suppose the variable overhead costs are $50 per day for your project. Also, suppose that the center must pay$40 per day for a temporary room on day 15 or beyond. Find the minimum-cost project schedule.
You are in charge of a project at the local community center. The center needs to remodel one of the rooms in time for the start of a new program. Delays in the project mean that the center must rent other space at a nearby church at additional cost. Time and cost data for your project are contained in 7.10. Your interest is in minimizing the cost of theproject to the community center.a. Using the normal times for each activity, what is the earliest date you can complete the project?b. Suppose the variable overhead costs are $50 per day for your project. Also, suppose that the center must pay $40 per day for a temporary room on day 15 or beyond. Find the minimum-cost project schedule.
Chapter 7 Solutions
Operations Management: Processes and Supply Chains, Student Value Edition Plus MyLab Operations Management with Pearson eText -- Access Card Package (12th Edition)
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
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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
- You are the project manager of the software installation project in Table. You would like to find the minimum- cost schedule for your project. There is a $1,000-per-week penalty for each week the project is delayed beyond week 25. In addition, your project team determined that indirect project costs are $2,500 per week. a. What would be your target completion week? b. How much would you save in total project costs with your schedule?arrow_forward2arrow_forwardRecently, you were assigned to manage a project to remodelthe seminar room for your company. You have constructed anetwork diagram depicting the various activities in the project(Figure 7.13). In addition, you have asked your team to estimatethe amount of time that they would expect each of the activitiesto take. Their responses are shown in the following table: a. What is the expected completion time of the project?b. What is the probability of completing the project in 21 days?c. What is the probability of completing the project in 17 days?arrow_forward
- please answer all parts of the question within 30 minutes.arrow_forwardFarihah is a project manager for a systems development project involving a new database application for her organization’s human resources department. Despite Farihah’s best efforts at estimating the time requirements for the project, the team has missed the deadline for completing the Analysis Phase and producing the System Proposal. Farihah had estimated during her 6-week Planning Phase that Analysis would require 2 months, but the team finished the System Proposal 2 weeks behind their planned target date. Based on her discussions with the team members, Farihah believes that the system is more complex than she originally thought. Should Farihah adjust her timeline, or can she try to make up for the lost two weeks? Farihah needs your advice.arrow_forwardThe activities necessary for the completion of a project are listed in the table below (Time in weeks). You are asked to complete the project 1 week ahead of time. You should crash Activity ________. This will incur an additional cost of $_________ .arrow_forward
- the budget of a project is $1 million. The actual cost for work performed is currently $700k. The budgetted cost for work performed is $660k. What is the current progress of the project? The budgeted cost for work scheduled is 700k. Is it on schedule?arrow_forwardDo not use chatgptarrow_forwardFollowing are the three time estimates for a task in a project: optimistic completion time = 2 weeks most likely completion time = 4 weeks pessimistic completion time = 7 weeks Compute the expected time for the task.arrow_forward
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