Operations and Supply Chain Management, 9th Edition WileyPLUS Registration Card + Loose-leaf Print Companion
9th Edition
ISBN: 9781119371618
Author: Roberta S. Russell
Publisher: Wiley (WileyPLUS Products)
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Chapter 9, Problem 10Q
Which method for determining activity time estimates, deterministic or probabilistic, do you perceive to be preferable? Explain.
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Which method for determining activity time estimates,deterministic or probabilistic, do you perceive to be preferable? Explain.
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Chapter 9 Solutions
Operations and Supply Chain Management, 9th Edition WileyPLUS Registration Card + Loose-leaf Print Companion
Ch. 9 - Why is CPM/PERT a popular and widely applied...Ch. 9 - What is the purpose of a CPM/PERT network?Ch. 9 - Why are dummy activities used in a CPM/PERT...Ch. 9 - What is the critical path, and what is its...Ch. 9 - What is slack, and how is it computed?Ch. 9 - How are the mean activity times and activity...Ch. 9 - How is total project variance determined in...Ch. 9 - What is the purpose of project crashing analysis?Ch. 9 - Describe the process of manually crashing a...Ch. 9 - Which method for determining activity time...
Ch. 9 - Explain how a Gantt chart differs from a CPM/PERT...Ch. 9 - Discuss the relationship of direct and indirect...Ch. 9 - Describe the limitations and disadvantages of...Ch. 9 - Describe the difference between activity-on-node...Ch. 9 - Identify and briefly describe the major elements...Ch. 9 - Select an everyday project you are familiar with...Ch. 9 - Prepare a WBS for a spaghetti with meatballs...Ch. 9 - Construct a Gantt chart for the project described...Ch. 9 - Construct a Gantt chart for the project described...Ch. 9 - Use the project activities that follow to...Ch. 9 - Construct a network from the information in the...Ch. 9 - For the network in Problem 9.4, determine the...Ch. 9 - Given the following network with activity times in...Ch. 9 - Given the following network with activity times in...Ch. 9 - A marketing firm is planning to conduct a survey...Ch. 9 - In one of the little-known battles of the Civil...Ch. 9 - A group of developers is building a new shopping...Ch. 9 - The management of a factory is going to erect a...Ch. 9 - Given the following network and probabilistic...Ch. 9 - The Farmers American Bank of Leesburg is planning...
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- Discuss in brief slack variables?arrow_forwardExplain which method for determining activity time estimate, deterministic are they perceive to be preferable?arrow_forwardThe manager of the Oak Hills Swimming Club is planning the club’s swimming team program. The first team practice is scheduled for May 1. The activities, their immediate predecessors, and the activity time estimates (in weeks) are as follows: Activity Optimistic Most Probable Pessimistic Immediate Predecessors A 1 2 3 - B 4 6 8 A C 2 4 6 A D 1 2 3 B, C E 2 3 4 B F 1 2 3 A G 1 2 3 D H 1 2 3 G I 1 1 1 E, H, F A. Draw a project network for this problem. B. Fill in all the blanks in the following table. Note: For variance (σ2) in activity time, keep two decimal places. Activity Expected Time t (weeks) Variance σ2 ES EF LS LF Slack Critical Path? A B C D…arrow_forward
- The manager of the Oak Hills Swimming Club is planning the club’s swimming team program. The first team practice is scheduled for May 1. The activities, their immediate predecessors, and the activity time estimates (in weeks) are as follows: Activity Optimistic Most Probable Pessimistic Immediate Predecessors A 1 2 3 - B 4 6 8 A C 2 4 6 A D 1 2 3 B, C E 2 3 4 B F 1 2 3 A G 1 2 3 D H 1 2 3 G I 1 1 1 E, H, F Draw a project network for this problem. Fill in all the blanks in the following table. Note: For variance (σ2) in activity time, keep two decimal places. Activity Expected Time t (weeks) Variance σ2 ES EF LS LF Slack Critical Path? A B C D…arrow_forwardThe manager of the Oak Hills Swimming Club is planning the club’s swimming team program. The first team practice is scheduled for May 1. The activities, their immediate predecessors, and the activity time estimates (in weeks) are as follows: Activity Optimistic Most Probable Pessimistic Immediate Predecessors A 1 2 3 - B 4 6 8 A C 2 4 6 A D 1 2 3 B, C E 2 3 4 B F 1 2 3 A G 1 2 3 D H 1 2 3 G I 1 1 1 E, H, F a. Draw a project network for this problem. b. Fill in all the blanks in the following table. c. What is the expected time and variance to complete the project? Note: For variance (σ2) in activity time, keep two decimal places. Activity Expected Time t (weeks) Variance σ2 ES EF LS LF Slack Critical Path? A B C…arrow_forwardCan anybody draw a network analysis diagram of this problem?arrow_forward
- OPERATIONS Duration and requirement of workforce for each activity is tabulated below for a network Activity Duration Number of men 1-2 3 5 2-4 2 3 2-3 3 7 3-4 0 0 3-5 3 2 4-5 7 2 3-6 2 1 5-6 6 6 4-6 5 5 Use either PERT or CPM to (i) Draw the network and comment on the scheduling of activities to smoothen the development of the workforce (ii) Re-schedule the activities for smooth development (iii) Find the project schedule if only 4 men are availablearrow_forwardSAQ 3: For the present, construct the appropriate network diagram representing this data. Include "Start" and "End" activities as appropriate. Activity Duration Preceding Activity Start A 5 4 C 6 A E 5 B F 6. С, D End Е, F 2.arrow_forwardTools View Week 3 Bonus Activity- DEMAND FORECASTING CASE STUDY After reviewing the forecasting demonstration and looking over the slides, complete the following case activity and transfer your answers to the appropriate questions in the Canvas activity quiz. You have been hired as a demand planning intern for Hawaiian Island Creations (HIC). They want you to de- velop a forecast for their HIC Papanui style of sun- glasses. The goal is to determine how many pair they will produce to meet retailer demand in July 2021. During your first meeting, you were handed some data to work with and the product team talked about the company's upcoming promotional blitz to support Summer Break '21 in major vacation destinations. Month Forecast Demand January 2021 4.000 3,300 February 2021 4,200 3,900 March 2021 4,500 4,300 April 2021 4.800 4,200 May 2021 5 000 5.400 of 4 P Type here to search 立arrow_forward
- Angel healthcare Ltd., has 2 investment opportunities, each costing $120000 and each have expected profit as shown below: Years Project "A' Project "B' ($) ($) 1 40000 30000 2 30000 40000 3 20000 35000 4 15000 30000 Year 1 2 3 PVIF @ 10% 0.909 0.826 0.751 4 0.683 Compute NPV & Profitability Index, Suggest which Project to be preffered at 10%cost of capitalarrow_forwardProblem 9-09 (Algorithmic) At a local university, the Student Commission on Programming and Entertainment (SCOPE) is preparing to host its first rock concert of the school year. To successfully produce this rock concert, SCOPE has listed the requisite activities and related information in the following table (duration estimates measured in days). Immediate Most Activity Predecessor(s) Optimistic Probable Pessimistic A: Negotiate contract with 10 11 12 selected musicians B: Reserve site 8 10 12 C: Manage travel logistics A 2 7 9. for music group D: Screen & hire 4 security personnel E: Arrange advertising C 7 7 7 & ticketing F: Hire parking staff А, D 8 9. 16 G: Arrange concession sales E 7 11arrow_forwardThe manager of the Oak Hills Swimming Club is planning the club's swimming team program. The first team practice is scheduled for May 1. The activities, their immediate predecessors, and the activity time estimates (in weeks) are as follows. Time (Weeks) Immediate Predecessor Activity Description Optimistic Most Probable Pessimistic A Meet with board 1 1 2 B Hire coaches A 4 8 Reserve pool A 4. 6 D Announce program В, с 3 E Meet with coaches B 4 F Order team suits A 1 2 3 G Register swimmers D 2 3 H Collect fees G 1 I Plan first practice Е, Н, F 1 1 1 (a) Draw a project network. (Submit a file with a maximum size of 1 MB.) Browse. No file selected. (b) Develop an activity schedule. (Round your answers to two decimal places.) Earliest Start Earliest Finish Latest Latest Activity Slack Start Finish A B D E F G H I (c) What are the critical activities? (Enter your answers as a comma-separated list.) What is the expected project completion time (in weeks)? (Round your answer to two decimal…arrow_forward
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