Activity Normal_time Crash_time Normal_cost Crash_cost SlackA312845006700 213.1358005800 027275000500002716400069002242455005500 0341345006900 0BCDEFThe table shows normal time (in days), crash time (in days), normal cost (in dollars), crash cost (in dollars) and slack time (in days) ofactivities in a small construction project. According to this table which activity must be crashed first? Assume there is only one critical

A network diagram is the set sequence of the task that is done to complete a project. It usually…

Answered: Activity Normal_time Crash_time…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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The following table shows the normal time, crash time, normal cost, and crash cost of an activity. What is the cost of reducing the activity's duration by 5 time units Normal time Crash time Normal cost Crash cost 30 10 $150 $350
Please do whole question with all parts done correctly Farmer John sells fruit and vegetables at a farmer’s market in the middle of a city. He is bringing tomatoes to the city for this weekend’s farmer’s market. The tomatoes are very ripe and, therefore, he will need to sell the tomatoes at the farmer’s market and then have to discard any that were not sold. However, there is a cost to the farmer to bring tomatoes into the city for the farmer’s market. In particular, it costs the farmer $1.75 per case of tomatoes to prepare them and bring them to the market. Farmer John can sell each case for $4.5. Farmer John estimates that he will be able to sell 12, 13, 14, or 15 cases of tomatoes at the farmer’s market. Based on historical sales, he believes that the probabilities of being able to sell 12, 13, 14, and 15 cases are 0.1, 0.3, 0.4, and 0.2, respectively. (a) Develop a decision analysis formulation of this problem by identifying the decision alternatives, the states of nature,…
Table I: Normal and crash activity duration and estimated cost values Activity Normal dura- Crash cost (£) Normal cost (£) Crash duration (weeks) tion (weeks) A-B 4 20 000 3 50 000 А-К 19 250 000 14 375 000 В-С 3 35 000 2 70 000 B-D 30 000 30 000 В-Е 3 40 000 75 000 10 000 15 000 C-H 50 000 C-I 15 000 D-I 25 000 25 000 E-F 4 40 000 3 60 000 E-G 2 60 000 2 90 000 F-K 5 50 000 3 85 000 G-K 80 000 80 000 H-J 70 000 70 000 3 30 000 100 000 J-L 2 15 000 45 000 K-L 3 20 000 2 40 000 L-M 4 30 000 3 35 000 M-N 5 100 000 4 T10 000
Esc Hg Time: 1 hour, 51 minutes, 08 seconds. * Question Completion Status: 1 2 3 4 5 6 7 8 9 10 12 13 14 15 16 17 18 31 32 19 20 21 22 23 24 25 26 28 29 30 A Moving to another question will save this response. Question 16 of 32 Question 16 1 points Save Answer CASE: The correct implementation of new product development process helps minimize the risk of product failure. When Netflix wanted ideas for improving the accuracy of its Cinematch online recommendation system, it decided to "open it up to the world," promising a $1 million prize for the best solution. QUESTION: Identify the idea generation tool used by Netflix in this example. *** For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). BIUS Paragraph V AV V Ix V L %0 V System Font V 12pt 8 C FS BI A+ F3 B ! 1 F1 @ F2 F4 2 TW 11 الالالال ER F6 T 6 F7 Y & 17 F8 * U 8 F9 ( F10 9 27 - F11 0 POWERED BY TINY PriSc F12 P 1 Inse
Input Area Cost Per Hour $1500.00 Outage Duration (hours) 3 Output Area Total Cost for Outage $4500.00 One-Variable Data Table: Cost Outage Impact Analysis Duration (hr) (Cost) 1 $1500.00 1.5 $2250.00 2 $3000.00 2.5 $3750.00 3 $4500.00 3.5 $5250.00 4 $6000.00 4.5 $6750.00 5 $7500.00 Given the data above Which What If Analysis tool is the worksheet using? Provide a description of the What If Analysis tool and why it was used in the worksheet. Interpret what the data means. Discuss what it means for the business.
Crash a project
16. Kimpel Products makes pizza ovens for commercial use. James Kimpel, CEO, is contemplating producing smaller ovens for use in high school and college kitchens. The activities necessary to build an experimental model and related data are listed in the following table: Activity Normal Time (weeks) Crash Time (weeks) Normal Cost Total Cost with Crashing Immediate Predecessor(s) A 3 2 $1,200 $1,850 — B 2 1 $2,000 $2,800 — C 1 1 $300 $300 — D 7 3 $1,400 $1,720 A E 6 3 $850 $1,000 B F 2 1 $4,250 $5,250 C G 4 2 $1,500 $2,200 D, E Part 2 a) Based on the given information regarding the activities for the project, the project completion date = ______ weeks Part 3 b) To reduce the duration of the project to 10 weeks at the least cost, the…
16. Kimpel Products makes pizza ovens for commercial use. James Kimpel, CEO, is contemplating producing smaller ovens for use in high school and college kitchens. The activities necessary to build an experimental model and related data are listed in the following table: Activity Normal Time (weeks) Crash Time (weeks) Normal Cost Total Cost with Crashing Immediate Predecessor(s) A 3 2 $1,000 $1,600 — B 2 1 $2,100 $2,850 — C 1 1 $300 $300 — D 7 3 $1,300 $1,620 A E 6 3 $900 $1,125 B F 2 1 $4,250 $5,450 C G 4 2 $1,800 $2,300 D, E Part 2 a) Based on the given information regarding the activities for the project, the project completion date = _____weeks. B) To reduce duration to 10 weeks, The following is the order of what needs to be…
Question No: 04 -20 Que 022mb21082 This is a subjective question, hence you have to write your answer in the Text-Field given below. mponen22mb 2ave to writ 644-2023 Explain the different components of External environment with an example for each. 2003 Options 2023 2022m/ -2023/03/12-2022mb208 22 2023/03/12-20
Question 2 A company is planning to produce televisions for home use. The activities necessary to built an experimental model and related data are given in the following table: Time (weeks) Cost (dollars) Crash Immediate Feasible Time Crash Activity Normal Crash Normal Predecessors Reduction cost/week A 3 2 1000 1400 В 2 1 2000 2500 C 1 1 300 300 D 3 1 1200 1600 A 6. 3 875 1100 В F 1 4400 5000 C G 4 3 1600 1950 D, E H 1 1 1000 1000 F, G а. What is the project completion date and critical path? b. Crash the project to 9 weeks at the least cost by drawing the AON networks and explaining crashing costs for each reduction weeks. с. Determine the total project cost after crashing.
Time left 0:35:31 Question 4 Answer saved Marked out of 1.00 Flag question Question text The Campbell Company is evaluating the proposed acquisition of a new milling machine. The machine’s base price is $108,000, and it would cost another $12, 500 to modify it for special use by your firm. The machine will be sold after three years for $65,000. The applicable depreciation rates are 33 percent, 45 percent, 15 percent, and 7 percent. The machine would require an increase in net operating working capital (inventory) of $5,500. The machine would have no effect on revenues, but is expected to save the firm $44,000 per year in before tax operating costs, mainly labor. Campbell’s marginal tax rate is 35 percent. What is the Net Investment (NINV)
Lenovo Barmaining Time: 30 minutes, 26 seconds. Question Completion Status: Consider the following payoff Table Decision Alternative D1 D2 The State of Nature 0.79 1-0.79- S1 52 5 8 8 4 D3 14 4 What is the payoff value for the D2 under S2 should be to keep the optimal solution always optimal?(Do not writ the sign > or <) (Round your answer to 2 decimal places) Save and Submit to save and submit. Click Save All Answers to save all answers. Save All Answers

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