managerial implication of that probability?Approximate the probability that activity 3- 4 will have positive slack. What is theFind the length of the critical path and the project durationCompute slack for each event and find the critical pathCompute the expected time and variance for each activityDraw the project network|111.ii.1i.6.3.7.2.1.5.2-62.1.44 – 52 33.6.4.1- 55.3.6.2.3.1.3 48.1-35.3.1-2toActivitytoActivity拜5(a) Consider a project for which the following activities and time estimates in weeks apply:2.8.214,

WE ARE ALLOWED TO DO THE FIRST THREE SUB-PARTS ONLY. ANSWER IS AS BELOW:

Answered: Draw the project network Compute the…

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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8 EARNED VALUE ANALYSIS The following project is reported to be at the end of its 8 week. Find the cost and schedule variances. Also find the CPI, SPI, CSI, ETC and EAC for the project. Find the condition of the project at the this reporting period. PV AC Budget ($) Duration Actual Cost % D-8 Activity Predecessor (s) (week) ($) Complete 300 400 A 3 100 A3 В 4 200 180 100 B:4 C 7 250 300 90 A 8 600 400 50 400 200 В 40 150 180 F В 4 100 G C 4 100 200 40 500 H D, E 2 300 F, G 3 J H, I 1 100 ㅇ CO 프 (-)
The following information has been computed from aproject:Expected total project time = T = 62 weeksProject variance (s2p ) = 81What is the probability that the project will be completed18 weeks before its expected completion date?
By using Bar chart planning method, find the following: - Total duration for the project activities shown below - The project completion date (assume the start date is 1/3/2012 Activity A CDEFGHI J Duration 85 2846 7 45 6 (days) Following Activity C,D EFGHIJJ * If the project shown above had a delay of (4 days after (13working days), what would its new delivery date be? B B
The following table describes project XYZ Duration Predecessor Variance A 5 2 B 3 A 1 C 13 A 6 D 18 B 2 E 10 B 4 F 4 D, E 1 G 11 C, E 5 H 9 F, G 2 I 2 H 1 Based on the information provided, perform the following tasks: Identify the crucial path and project duration Calculate probability that the project in going to be completed after the day 45
The following table shows estimates of activity times (in weeks) for a project: b. What is the probability that the project will be completed within 33 weeks? c. What is the probability that the project will be completed in more than 34 weeks? Activity d. What is the probability that the project will be completed in 35 weeks? ABCDEFG А G Optimistic Most Probable Time Time 5 6 3.5 4 3 6 7 5 9 4 6.5 Suppose that the critical path is A-C-E-F-G. Use Appendix A to answer the questions. Do not round intermediate calculations. Round your answers to three decimal places. a. What is the probability that the project will be completed within 36 weeks? 6 10.5 Pessimistic Time 7 4.5 5 10 9 7 15
7. Contract requirements state that a project must be completed within 180 working days, or it will incur penalties for late completion. Analysis of the activity network reveals an expected project completion time of 145 working days with a project variance of 400. What is the probability that the project will be completed before the late-payment deadline? (select the closest answer) Select one: a. about 4% b. over 99% c. about 80% d. about 46% e. about 96%
O O D 40 4 22:31 photo_2021-02-2... O By using Bar chart planning method, find the following: - Total duration for the project activities shown below - The project completion date (assume the start date is 1/3/2012 Activity A В CDEF GHIJ Duration 8 28 4 6. 4 5 6 (days) Following C,DEFGH Activity * If the project shown above had a delay of (4 days after (13working days), what would its new delivery date be? 7. 5,
PROJECT PLANNING & SCHEDULING WITH PERT/CPM Given the activities of a project; their optimistic (to), most likely (tm) and pessimistic (tp) time estimates (te); and their immediate predecessors shown below:1. When is the earliest project completion?2. Which activities are critical (should not be delayed)?3. Which activities are noncritical (can be delayed)?4. How long can each of the activities be delayed without delaying the wholeproject (maximum slack)? Activities ImmediatePredecessors Activity Times (to) Activity Times (tm) Activity Times (tp) Activity Times (te) Maximum Slack,months A - 1 4 13 B A 4 7 16 C A 2 2 2 D C 4 6 14 E - 1 3 5 F E 3 5 13 G - 7 10 13 H G 6 7 14 I B, D 1 1 1 J F, H, I 13 16 25
PROJECT PLANNING & SCHEDULING WITH GANNT CHART Given the activities of a project; their optimistic (to), most likely (tm) and pessimistic(tp) time estimates; and their immediate predecessors shown below:1. When is the earliest project completion?2. Which activities are critical (should not be delayed)?3. Which activities are noncritical (can be delayed)?4. How long can each of the activities be delayed without delaying the wholeproject (maximum slack)? Activities Activity Times,months ImmediatePredecessors Maximum Slack,months A 2 - B 3 - C 2 A D 4 B E 4 C F 3 C G 5 D, E H 2 F, G
2. A small software development project at Krishna Dhir's firm has five major activities. The times (in days) are estimated and provided in the table below: Activity Immediate Predecessor a m b A − 2 5 8 B − 3 6 9 C A 4 7 10 D B 2 5 14 E C 3 3 3 Part 2 d) The probability that it will take more than 17 days to complete this projectbe is __ (keep two decimal places). e) The due date that yields a 98% chance of completion is ____ days (keep two decimal places).
Consider the project described in the table below: Activity Duration A B C D E F G H 9 4 8 8 5 7 4 6 OEST-9 and LCT = 15 OEST=9 and LCT = 13 Immediate Predecessor What is the earliest start time (EST) and latest completion time (LCT) of activity B? OEST=9 and LCT = 20 OEST-9 and LCT-17 - A A A B B,C C,D E,F,G
B/U pe Activity A B D 11. A project has the activity duration and cost information indicated in the table where all times are in weeks. There is a penalty of $4,000 per week for every week the project exceeds 37 weeks. What is the lowest total cost for completing this project? Predecessor Time 18 11 A A B C E D Normal A H 12 15 3 19 Asbe de ABC' AMBBC RACE AB 7 8 12 6 Normal Cost Crash Time Crash Cost $22,000 $32,000 $62,000 $18,000 $35,000 $8,000 $23,000 $32,000 $56,000 $12,000 5 $18,000 19 $22,000 $9,000 $15,000 $5,000 $13,000 $20,000 $45,000 2 5 4

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