A gentleman farmer maniacally works on academic projects to raise funds for his true passion, farming. He has identified seven tasks and developed three time estimates (all in days) of the next big project on the farm, replacing the fence at the comedy pasture. Tasks, precedence requirements, and time estimates are shown in the table. What is the standard deviation of the project's critical path?
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- Colonial State College is considering building a new multipurpose athletic complex on campus. The complex would provide a new gymnasium for intercollegiate basketball games, expanded office space, classrooms, and intramural facilities. The following activities would have to be undertaken before construction can begin. Activity A B C D E F G H IMG_A2D52FAF8F3D-1.jpeg Activity This answer has not been graded yet. A B с (c) Develop the activity schedule for the project. D Survey building site Develop initial design Obtain board approval E F G Description H Select architect Establish budget Finalize design Obtain financing 0 Hire contractor L L | (a) Draw a project network. (Submit a file with a maximum size of 1 MB.) Choose File No file chosen Immediate Predecessor Earliest Start (b) Identify the critical path. (Enter your answers as a comma-separated list.) 4 A, B с Latest Start с D, E E F, G Time (weeks) 5 5 9 Earliest Finish 13 4 7 15 11 6 9 Latest Finish 4 Slack (d) Does it appear…2:30 PM ě 0.3KB/s 1ll 54 4G+ 00:15:12 Remaining Multiple Choice The primary difference between PERT and CPM is that CPM uses probabilities on the activity times and PERT does not. O. PERT considers activity costs and CPM does not. PERT can assign probabilities to activity times and CPM does not. CPM considers activity costs and PERT does not. 5 of 20 IIYou 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.
- The following activities are part of a project to be scheduled using CPM: TIME (WEEKS) 7 6 ACTIVITY IMMEDIATE PREDECESSOR A BCDEFG O A-C-D-E-G O A-B-E-G O A-C-D-F-G O A-B-D-F-G AACB A Number of weeks A b. What is the critical path? B, D D E, F 24346 c. How many weeks will it take to complete the project?The following represents a project that should be scheduled using CPM: IMMEDIATE PREDECESSORS ACTIVITY A ABCDEFGH B-E-G-H b. What is the critical path? A-C-F-H OA-D-F-H A-D-G-H A A B C,D D, E F,G Project completion time a LLL23312 TIMES (DAYS) m •WNNW: 3 2 2 3 4 4 4 4 b 5 3 3 4 11 c. What is the expected project completion time? Note: Do not round intermediate calculations. Round your answer to 2 decimal places. days 565Jordanne King, the project manager for Webjets International, Inc., compiled a table showing time estimates for each of the activities of a project to upgrade the company’s Web page, including optimistic, most likely, and pessimistic.a. Calculate the expected time, te, for each activity.b. Calculate the variance, s2, for each activity.Activity Optimistic (days) Most Likely (days) Pessimistic (days)A 3 8 19B 12 15 18C 2 6 16D 4 9 20E 1 4 7
- A gentleman farmer maniacally works on academic projects to raise funds for his true passion, farming. He has identified seven tasks and developed three time estimates (all in days) of the next big project on the farm, replacing the fence at the comedy pasture. Tasks, precedence requirements, and time estimates are shown in the table. What is the expected completion time of the project? Activity Optimistic time Most Likely time Pessimistic time Predecessor Corner Posts 4 5 6 -- String Line 7 8 9 -- Dig Holes 10 12 14 Corner Posts Plant Posts 11 14 17 String Line Weld Top Bar 8 11 14 String Line Paint 9 11 13 Dig Holes, Plant Posts Tack Wire 9 12 16 Weld Top BarEd is planning to build a treehouse as a present for his son's upcoming 10th birthday. The details for each task are as follows: DE F G AD C,E F 12 Task A B Preceding Task Duration (day) | 12 A B 10 12 5 Cost (RM) 50 140 120 60 70 80 60 (a) Obtain the following: • The number of days it will take for Ed to finish building the treehouse. • Which tasks are cannot be delayed at all without delaying the whole project. • The total cost of building the treehouse. (b) Due to illness, Ed has to begin building the treehouse later than planned. He reckons that he must reduce the build duration by 3 days to complete the treehouse by his son's birthday. He has determined the crash cost and crash time for each task as follows: Task А В С DE F G Crash Time (day) | 12 8 9 8 10 5 6 Crash Cost (RM) | 50 170 180 70 95 80 60 Obtain the following: • All tasks that are crashed and by how much. • The new total cost for building the treehouse.The information in the table below is available for a large fund-raising project. Activity Activity Times (days) Activity Cost ($) Immediate Predecessor A 3 100 None B 4 150 None C 2 125 A D 5 175 B E 2 150 B F 4 200 C, D G 6 75 C H 2 50 C, D, E I 1 100 E J 4 75 D, E K 5 350 F, G L 3 150 G, H, I M 4 400 I, J N 4 175 K, M O 1 200 H, M P 5 150 N, L, O Draw the precedence network diagram. Perform the CPM (Critical Path Method) and give the complete activity schedule table, the project completion time, and the critical path. Plot on the same graph the total project costs per day, starting from day one to the completion date, assuming the earliest start times and then assuming the latest start times. What implications does the time differential have for cash flows and project scheduling? Show step by step solution
- Roger Ginde is developing a program in supply chain management certification for managers. Ginde has listed a number of activities that must be completed before a training program of this nature could be conducted. The activities, immediate predecessors, and times appear in the accompanying table: a. the critical activities for the leadership training program development project are: _____ b. the project length for the leadership training program development project= __ days. c. Slack time for each of the activities is: Activity: Slack time: A ______ B ______ C ______ D ______ E ______ F ______ G ______Humber Web Design Co. is organizing a new project to increase efficiency and improve relations with their clients. The project manager for this initiative has broken the project up into several parts as follows: Activity Activity Description Immediate Predecessor Activity time (days) A Identify Client Base ― 44 B Develop Client Prospectus ― 35 C Perform Design Analysis ― 46 D Program Back End A, B, C 43 E Program Front End A 27 F Project Consolidation D, E 36 (a) For the given project, fill in the nodes of the network diagram below. A E 44 27 Start B D F Finish Time 35 43 36 Time C 46 (b) Using the network diagram, fill in the table. Make sure that you put the values in the appropriate columns. Activity Earliest Start (ES) Latest…Find the activity duration (t), latest start (LS) and latest finish (LF) times for activity A. t=? 5 LS=? A 2 16 LF=? O t=11 weeks, LS-5 weeks, LF-16 weeks O t=21 weeks, LS-7 weeks, LF-18 weeks O t=11 weeks, LS=7 weeks, LF=18 weeks O t=11 weeks, LS=18 weeks, LF=7 weeks O t=11 weeks, LS-3 weeks, LF-14 weeks