Consider the following table of activities.OActivity Immediate PredecessorOStart -AStart -BсDEFGAFrom the schedule of activities shown in the following table, draw the PERT/CPM network.ABABBBAC, DE, FсDEDEFFG -FinishG -FinishStart → AStart →ABBсDEсDEFFGGFinishFinish

Answered: Consider the following table of…

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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State the purpose of the following dummy activities. a) Numbering Dummy b) Logic Dummy
Prob 3: Slattkey Sweets proposes to re-launch one of its mature brands, the Zubirot Bar. The brand manager has identified the tasks involved and produced the following information about them: I Activity H A B C D E F Description Redesign the bar Redesign the packaging Build pilot production line Trial production run Consumer panel tests Main pilot production Design promotional material Test market redesigned product Produce report for the Board Predecessor Activity A, B C D E E F, G H Optimistic estimate of time (weeks) 5 3 10 1 4 2 8 2 Most likely estimate of time (weeks) 8 4 13 1 1 6 4 10 2 Pessimistic estimate of time (weeks) 10 5 a. Construct the PERT/CPM network for this problem. b. What is the expected project completion time? What is the critical path? c. Determine the mean and the standard deviation for the product re-launch. d. Ascertain the probability that the project will be finished in 40 weeks. 16 2 1 9 5 15 3
2.DesignAs a Consultant under a Training Provider Company, Micah received a call confirming a seminar-workshopfor artists worldwide. Being one of the most prestigious clients they have for this year, Micah wanted theevent to be a blast. The following were the requirements: Both physical and online training should beprovided at the same time; all participants will be given art materials to use during the seminar/workshop;and the entrance fee is about P500. All other things were freely planned by her. As she designs the trainingprogram, what other things should she consider? 3.DevelopmentUpon developing the training program that was created by a resigned employee, Andy, the new TrainingStaff, was tasked to continue the former employee’s work. Upon reviewing the next training that will beconducted two (2) months from now, he found out that the former employee suggested three (3) methodsof training but forgot to mention which method she used. The training to be held is about wellness,…
Company: ABC Civil Engineering - an engineering firmSituation: ABC company has recently made significant cuts in staff and the workload on existingemployees has increased. A major RFP is dueCharacters: Ted Waltz – Managing Director of ABC EngineeringElaine Tillman – Civil Engineer____________________________Elaine Tillman looked at her watch – it was 7:30 pm. Just then she knew she would not make it to her son’s final high school basketball game. It took her a moment to collect herself and wipe the tear that had started down her face and onto the ragged-edged 100 plus page RFP she was working on. The RFP,the largest opportunity that ABC Civil Engineering had a chance to bid on in 6 months, was far fromready for the 9:00 AM deadline the following day.Normally in this situation, Elaine would have collaborated with a proposal team putting together such a big proposal but, since the economic down turn hit, ABC has had to make significant cuts in its staff. It started with administrative…
Company: ABC Civil Engineering - an engineering firmSituation: ABC company has recently made significant cuts in staff and the workload on existingemployees has increased. A major RFP is dueCharacters: Ted Waltz – Managing Director of ABC EngineeringElaine Tillman – Civil Engineer____________________________Elaine Tillman looked at her watch – it was 7:30 pm. Just then she knew she would not make it to her son’s final high school basketball game. It took her a moment to collect herself and wipe the tear that had started down her face and onto the ragged-edged 100 plus page RFP she was working on. The RFP,the largest opportunity that ABC Civil Engineering had a chance to bid on in 6 months, was far fromready for the 9:00 AM deadline the following day.Normally in this situation, Elaine would have collaborated with a proposal team putting together such a big proposal but, since the economic down turn hit, ABC has had to make significant cuts in its staff. It started with administrative…
21- Find the critical Path for the following business netwerk activity/ pre-ActDuration activity pre-Act/Buration 24 CB of of 20 PQUS 7t to 36 40 TM to 36 20 い| o
Under the topic of( Stage 3 Risk Assessment Process ) Answer these questions: (A) -Risk identification -Risk register -Profit and loss account -Balance sheet -Industry betas These are inputs for risk assessment process, briefly explain any 3 of them (explanation should not be more than 5-6 lines ) (B)What is CAPM analysis and for what purposes it is used in risk assessment process? (explanation should not be more than 5-6 lines)
Brief Exercises 7-11 through 7-14 involve departmental cost allocation with two service departmentsand two production departments. Use the following information for these four exercises:Brief ExercisesPercentage Service Provided toDepartment Cost S1 S2 P1 P2Service 1 (S1) $ 30,000 0% 30% 35% 35%Service 2 (S2) 20,000 20 0 20 60Production 1 (P1) 100,000Production 2 (P2) 150,0007-13 What is the total cost in P1 and P2 and what is the amount of service department cost allocated to P1and P2 using the step method with S1 going first?
Brief Exercises 7-11 through 7-14 involve departmental cost allocation with two service departmentsand two production departments. Use the following information for these four exercises:Brief ExercisesPercentage Service Provided toDepartment Cost S1 S2 P1 P2Service 1 (S1) $ 30,000 0% 30% 35% 35%Service 2 (S2) 20,000 20 0 20 60Production 1 (P1) 100,000Production 2 (P2) 150,0007-11 What is the amount of service department cost allocated to P1 and P2 using the direct method?
Brief Exercises 7-11 through 7-14 involve departmental cost allocation with two service departmentsand two production departments. Use the following information for these four exercises:Brief ExercisesPercentage Service Provided toDepartment Cost S1 S2 P1 P2Service 1 (S1) $ 30,000 0% 30% 35% 35%Service 2 (S2) 20,000 20 0 20 60Production 1 (P1) 100,000Production 2 (P2) 150,0007-12 What is the total cost in P1 and P2 after allocation using the direct method?
Describe the elements of amarketing plan.
Discussion Questions tousednsmillib catdqichiggis tammuaigla 1. The discussion of the framework for MPC seems to imply that overall direction set- ting must be done before detailed material and capacity planning activities can be accomplished. The latter must be done before executing and controlling the plans is possible. Do you agree? Give an example supporting your position. 2. Apply the MPC framework to a college setting; your current job, business, or institu- tion; or one of your friend's settings. In particular, identify the front end, engine, and back end. 3. As changes take place in the world, the MPC system would require modifications to adapt. What changes can you see that will require changes in the MPC system? 4. One of the local company's production managers asked you to advise her on install- ing an MPC system. She starts by asking you which particular software brand you prefer and if you believe in ERP systems. What questions would you ask her?

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Consider the following table of activities. Activity Immediate Predecessor A B с D E F G Start → A A B B B A From the schedule of activities shown in the following table, draw the PERT/CPM network. C, D E, F C D F G Finish Start → A B С D F G →Finish