Practical Operations Management
2nd Edition
ISBN: 9781939297136
Author: Simpson
Publisher: HERCHER PUBLISHING,INCORPORATED
expand_more
expand_more
format_list_bulleted
Concept explainers
Videos
Question
Chapter 7, Problem 22P
Summary Introduction
Interpretation:
The standard deviation of the given case critical path.
Concept Introduction:
The standard deviation is a quantity stating by how much group members differ from the mean value of that group. Standard deviation also determines how spread out the data is.
Expert Solution & Answer
Want to see the full answer?
Check out a sample textbook solution
Students have asked these similar questions
Given the information below, what are the estimated expected (mean) times (in weeks) for activities A-H?
What are the estimated standard deviations (in weeks) in the times for activities A-H?
Activity E has an optimistic time of 9 days, a most likely time of 12 days, and a pessimistic time of 15 days. Estimate its expected time and standard deviation.
A company is willing to develop their rocket before the end of current financial
year which is now 28 weeks away. The chief engineer of the company has
decided to use PERT technique in order to plan, schedule and control program
of development for the data given in table below.
What is the probability that the program will be completed by the end of the
current financial year? (all durations are in weeks).
(i) G)
Optimum Duration
Most likely duration
Pesimistic duration
1
2
3
8
13
3
2
8
4
3
8
10
4
7
10
3
6.
3
8
4
9
10
4
8.
4
9.
5
7
9.
12
6.
5
11
7
9.
14
8
4.
00
2.
Chapter 7 Solutions
Practical Operations Management
Ch. 7 - Prob. 1DQCh. 7 - Prob. 2DQCh. 7 - Prob. 3DQCh. 7 - Prob. 4DQCh. 7 - Prob. 5DQCh. 7 - Prob. 6DQCh. 7 - Prob. 1PCh. 7 - Prob. 2PCh. 7 - Prob. 3PCh. 7 - Prob. 4P
Ch. 7 - Prob. 5PCh. 7 - Prob. 6PCh. 7 - Prob. 7PCh. 7 - Prob. 8PCh. 7 - Prob. 9PCh. 7 - Prob. 10PCh. 7 - Prob. 11PCh. 7 - Prob. 12PCh. 7 - Prob. 13PCh. 7 - Prob. 14PCh. 7 - Prob. 15PCh. 7 - Prob. 16PCh. 7 - Prob. 17PCh. 7 - Prob. 18PCh. 7 - Prob. 19PCh. 7 - Prob. 20PCh. 7 - Prob. 21PCh. 7 - Prob. 22PCh. 7 - Prob. 23PCh. 7 - Prob. 24PCh. 7 - Prob. 25PCh. 7 - Prob. 26PCh. 7 - Prob. 27PCh. 7 - Prob. 28PCh. 7 - Prob. 29PCh. 7 - Prob. 30PCh. 7 - Prob. 31PCh. 7 - Prob. 32PCh. 7 - Prob. 1.1QCh. 7 - Prob. 1.2QCh. 7 - Prob. 1.3QCh. 7 - Prob. 1.4QCh. 7 - Prob. 2.1QCh. 7 - Prob. 2.2QCh. 7 - Prob. 2.3Q
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
- 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 Late Start on Activity C? What is the slack on Activity C? What is the slack on Activity B? What is the critical path? What is the Early Finish on Activity H?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_forwardThere are four activities on the critical path, and the standard deviations for their durations are 4, 6, 13, and 5 days. The standard deviation of the duration of the critical path is: a. 5.292 b. 28 c. 7 d. 15.68 e. 246arrow_forward
- Coleman Rich Control Devices, Inc., produces custom-built relay devices for auto makers. The most recent project undertaken by Rich requires 14 different activities. Rich's managers would like to determine the total project completion time (in days) and those activities that lie along the critical path. The appropriate data are shown in the following table: Activity A B с D E F G a) The expected completion time of the project = a 4 1 6 5 1 2 1 Time (days) m 6 2 6 8 9 3 7 b 7 3 6 11 18 6 8 Immediate Predecessor(s) A A B, C D D Activity a H 4 I 1 J 2 K 8 2 1 6 M N days (round your response to two decimal places). Time (days) = m 4 6 5 9 4 2 8 b 6 8 7 11 6 3 10 Immediate Predecessor(s) E, F G, H K L, M The activities that represent the project's critical path are b) If the time to complete the activities on the critical path is normally distributed, then the probability that the critical path will be finished in 53 days or less = decimal places). c) Using the standard normal table, the…arrow_forwardConsider a project that has been modeled as in Table 1 Draw the PERT/CPM network for this project and determine the project’s expected completion time µP and its critical path. Suppose the standard deviations of the activity durations are σA = 2, σB = 1, σC = 0, σD = 2, σE = 3, and σF = 0. Then please estimate the standard deviation of the overall project’s standard deviation σP . Suppose for the standard Normal random variable Z, we know P[−1 ≤ Z ≤ +1] ' 68%, P[−2 ≤ Z ≤ +2] ' 95%, and P[−3 ≤ Z ≤ +3] ' 99.7%. Then, approximately what time T is one for which there is only a less than 2.5% chance for the completion time to beat (be shorter than)?arrow_forwardConsider a project that has been modeled as in the table below. Part a) Draw the PERT/CPM network for this project and determine the project’s expected completion time μP and its critical path. Part b) Suppose the standard deviations of the activity durations are σA = 2, σB = 1, σC = 0, σD = 2, σE = 3, and σF = 0. Then please estimate the standard deviation of the overall project’s standard deviation σP . Part c) Suppose for the standard Normal random variable Z, we know P[−1 ≤ Z ≤ +1] ' 68%, P[−2 ≤ Z ≤ +2] ' 95%, and P[−3 ≤ Z ≤ +3] ' 99.7%. Then, approximately what time T is one for which there is only a less than 2.5% chance for the completion time to beat (be shorter than)? *Please answer a-c and type your work and answers or write them neatly please* Thank youarrow_forward
- Consider a project that has been modeled as in the table below. Part a) Draw the PERT/CPM network for this project and determine the project’s expected completion time μP and its critical path. Part b) Suppose the standard deviations of the activity durations are σA = 2, σB = 1, σC = 0, σD = 2, σE = 3, and σF = 0. Then please estimate the standard deviation of the overall project’s standard deviation σP . Part c) Suppose for the standard Normal random variable Z, we know P[−1 ≤ Z ≤ +1] ' 68%, P[−2 ≤ Z ≤ +2] ' 95%, and P[−3 ≤ Z ≤ +3] ' 99.7%. Then, approximately what time T is one for which there is only a less than 2.5% chance for the completion time to beat (be shorter than)? *Please answer a-c and either type your work and answers or write them neatly showing each step, please* NO EXCEL Thank you!arrow_forwardThree activities are candidates for crashing on a project network for a large computer installation (all are, of course, critical). Activity details are in the following table: Activity Normal Time (days) Crash Time (days) Normal Cost Total Cost with Crashing Immediate Predecessor(s) A 6 $6,000 $6,400 B $1,200 $3,000 C 11 $4,000 $6,000 a) Activity that should be crashed first to reduce the project duration by 1 day is b) Activity that should be crashed next to reduce the project duration by one additional day is c) Total cost of crashing the project by 2 days = $_____ (Enter your response as an integer.) 7 4 2 9 A B ---arrow_forwardA solved PERT problem is detailed in the table below. The expected time and variance values and the critical activities are given in the table below. Answer the following questions by filling the blanks (WRITE YOUR ANSWERS TO 2 DECIMAL PLACES. DO NOT ROUND UP OR DOWN): a. The expected project completion time for this problem is and the standard deviation is . b. There is a 0.95 probability that the project will be completed by weeks. Activity Expected time Variance Critical? A 10 0.36 Yes B 7 0.11 No C 7 0.25 No D 3 0.48 Yes E 5 1.60 Yes F 7 0.69 No G 2 3.69 Yesarrow_forward
- Coleman Rich Control Devices, Inc., produces custom-built relay devices for auto makers. The most recent project undertaken by Rich requires 14 different activities. Rich's managers would like to determine the total project completion time (in days) and those activities that lie along the critical path. The appropriate data are shown in the following table: Time (days) Immediate Time (days) Immediate Activity a m b Predecessor(s) Activity a m b Predecessor(s) A 4 7 8 — H 3 3 6 E, F B 1 2 3 — I 3 7 9 G, H C 7 7 7 A J 2 6 9 I D 6 9 13 A K 8 9…arrow_forwardProject B is the development of a facility in a remote area, of about GHS 5 million in value, of approximately 18 months’ planned duration. It is 30 per cent completed. Earned Value analysis shows that the project is not achieving its planned cost or progress targets. The project is also not achieving quality requirements. Some of the specialized components used for this project are only obtainable from overseas suppliers and are difficult to transport over the rough terrain near the project site. There has been a delay on ordering these components. The transportation of these components, which must be booked several months ahead, has not been arranged, and there is also difficulty with obtaining tradespeople with the requisite set of skills to install them. There are also several other risks associated with this project, including a quite basic business case, rudimentary project charter, poor definition of expected project outcomes, exchange rate risks and the potential for…arrow_forwardThe Mama Lit is a restaurant near a project site and it is a direct supplier of food for the nearby project site workers. To gain competitive advantage and meet quality requirements by its customer, Mama Lit has undertaken a project to achieve that. The project management team has developed the list of required activities (see Table 2) Table 2: List of Mama Lit project activities for project site workers ACTIVITY IMMEDIATE PREDECESSOR DURATION A - 2 B A 4 C A 5 D B 2 E B 1 F B 8 G D, E 3 H F 5 I F 4 J G, H, I 7 Required: a) Draw the network diagram for the project activities on node.b) Identify all the paths in the project with and identify the critical path(s).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 Education
Operations 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 Learning
Production 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