Ao 三=、i、田 TFindEmphasisHeading 1Heading 2S. ReplaA三三、、田A SelecParagraphStylesEditincThe information in the table below is available for a large fund-raising project.ActivityTimes (days)ActivityCost ($)ImmediateActivityPredecessorA100NoneB4150NoneC125AD175BE150F4200С, DG6.75H50C, D, EI1100EJ475D, EK350F, GG, H, II, J31504400N4175K, M1200H, M150N, L, Oa. Draw the precedence network diagram.«> 1>

Answered: Activity Times (days) Activity Cost ($)…

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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7
DURATION, DAYS NORMAL ACCELERATED 5 3 5 4 3 2 5 # 3 # 3 ACTIVITY NODE A 0-1 B 0-2 C 0-3 D 1 to 2 E 2 to 3 4 F 3 to 4 5 determine the following: -Normal cost -additional cost -maximum crash time for activity A 7 NORMAL COST, PESO ACCELERATED 1,600.00 4,000.00 15,000.00 3,500.00 1,500.00 1,800.00 1,000.00 € 3,000.00 12,000.00 3,000.00 € 1,000.00 # 1,000.00
46 Question 23 The project manager must be willing to manage within the guidelines, policies, procedures, rules, and directives of the parent company. True False
Q4: For the following project Activity A B C Preceding A A activity d. 10 19 7 Find:(1) The critical path. (2) The completion time. (3) The float time. D B 6 E B 12 FC 6 ola! G C 8 H F 8 1 D 4 KE J G.HE 11 S L I 7
Q1. Discuss difference between Project, Project Management, and Operations with real world examples.
A plant is acquiring new production machinery. Before the machinery can be fully functional, a number of activities must be performed. The activities, their precedence relationships, and their durations are shown in the following table. Days Activity a m b Immediate Predecessors A 6 8 10 - B 4 5 6 - C 1 2 3 - D 8 18 28 A E 4 5 6 C F 7 8 9 B, D, E G 4 5 9 B, D, E H 12 13 14 F I 8 9 10 F J 4 5 6 G, H K 2 5 8 I, J L 1 2 6 G, H Use excel to answer the following; a) Develop a project network for this problem. b) Determine the expected duration and variance for each activity. c) Determine the EST, EFT, LST, LFT, and slack for each activity.
2
A plant is acquiring new production machinery. Before the machinery can be fully functional, a number of activities must be performed. The activities, their precedence relationships, and their durations are shown in the following table. Days Activity a m b Immediate Predecessors A 6 8 10 - B 4 5 6 - C 1 2 3 - D 8 18 28 A E 4 5 6 C F 7 8 9 B, D, E G 4 5 9 B, D, E H 12 13 14 F I 8 9 10 F J 4 5 6 G, H K 2 5 8 I, J L 1 2 6 G, H a) Develop a project network for this problem. b) Determine the expected duration and variance for each activity. c) Determine the EST, EFT, LST, LFT, and slack for each activity. d) What is the critical path and project completion time? e) What is the probability that the job will finish in 59 days or less? f) What is the probability that the job will finish in 54 days or more? g) Submit your…
Q5: Identify the most cost effective solution set in the following Job/Resource Matrix using Assignment method: Resource Job 1 2 3 4 5 6 7 8 A 12 14 15 8 11 В 13 7 12 7 19 10 11 10 15 10 7 12 11 10 14 7 8 9. 11 14 E 8 11 13 8 12 8 14 7 F 14 8 14 15 11 13 5 G 12 15 10 11 7 16 18 H 7 12 17 16 11 17 13
Project Management Homework-Project Crashing Use the following scenario and data to answer all related questions. A community neighborhood association decided to add a swimming pool to the community activity center. The project is divided into the activities listed in the following table. The activity times and costs, both normal and crashed, are given. To finish the project before the summer season starts, the neighborhood has to make time and cost tradeoffs. If the project needs to be finished in 20 weeks, you are required to formulate a linear programming model to decide about how much to crash for each activity. Activity Immediate Predecesso Normal Gs) Cost (5) Cost (5) Crashed Normal Crashed A 4 2 800 1400 B A 5 2 3000 4200 C 6 4 2500 2800 D A, C 7 5 1600 2200 E B, C 5 2 1200 2100 F D 4 3 1300 2100 G E, F 5 3 8200 9000 To answer the following questions, you may want to use the last column of the following table to compute the cost of crashing an activity by one week. Immediate…
emaining Time: 25 minutes, 13 seconds. uestion Completion Status: QUESTION 1 In business, competitive advantage is a very important element being considered while putting together a strategy or a plan. Briefly explain the concept of competitive advantage. For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). BIUS Paragraph Arial 10pt E vE v A v 田田田国田田困言() QUESTION 2 In markatin
REQUIRED: The PERT Network, identifying the critical path and including slack times.

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Activity Times (days) Activity Cost ($) Immediate Activity Predecessor 100 None 150 None 125 А D 175 E 2 150 F 4 200 С, D G 6. 75 H 50 C, D, E I 1 100 E J 4 75 D, E K 350 F, G 3 150 G, H, I M 4 400 I, J K, M Н, М N 4 175 1 200 150 N, L, O Draw the precedence network diagram.