**Project Management: Time Estimation for Carpet Installation in Commercial Offices**Kelle Carpet and Trim specializes in installing carpets in commercial office spaces. Recently, Peter Kelle has expressed concerns about the varying timeframes required to complete past projects. This variability largely stems from some employees' inconsistent performance. To address this, a detailed list of activities, along with their optimistic, most likely, and pessimistic completion times (all recorded in days), is provided below:| Activity | Time (days) | | Immediate Predecessor(s) ||:--------:|:-----------:|:------:|:------------------------:|| | a | m | b | || A | 4 | 5 | 9 | — || B | 10 | 11 | 12 | — || C | 1 | 2 | 3 | — || D | 7 | 8 | 9 | C || E | 2 | 4 | 6 | B, D || F | 1 | 2 | 3 | A, E || G | 7 | 11 | 14 | A, E || H | 10 | 11 | 12 | F || I | 4 | 6 | 8 | G || J | 13 | 15 | 17 | C || K | 5 | 9 | 13 | H, I |**Note:** This exercise focuses only on part a.**Objective:**- **a)** Calculate the expected time and variance for each activity based on the provided time estimates.- **Instructions:** Round your responses to two decimal places.| Activity | Expected Time | Variance ||:--------:|:-------------:|:--------:|| A | | || B | | || C | | || D | | || E | |

Let us first calculate expected time and activity…

Answered: Kelle Carpet and Trim installs carpet…

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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From the given information below of a const. of commercial bank building a. Tabulate the results for Early Start (ES), Early Finish(EF), Late Start(LS), Late Finish(LF), Total Float(TF), Free Float(FF), Independent Float(IDF), and Interfering Float(ITF)
To complete an assembly line in a factory, the major steps and seven activities involved are shown in table below. These activities have been labeled "A" through "G" in the following table, which also shows their estimated completion times (in weeks) and immediate predecessors. (m is average time, a is best case, b is worst case) ACTIVITY A B C D E F G a 1 2 4 8 2 4 1 m 2 23 3 5 9 5 5 2 b 3 4 6 10 8 6 3 IMMEDIATE PREDECESSORS A B C, D B E a) Determine the critical path for the entire assembly factory as well as the expected completion time [You may use scratch paper to find the path then just type the critical path for the total project in the answer box] b) In addition, determine the earliest and latest start and finish times for all activities. c) What is the main difference between the standard CPM and the PERT method?
workbook. Problem: You are working for a travel agency. You want to track and compare the prices for four of your customers' favorite destinations using the popular 5-Day Packages. Your worksheet will show the packages in the first column and the package prices for the four destinations in the other columns, as shown in Table E1A - 1. Instructions: Perform the tasks below to design and create the Vacation Package Analysis Workbook. Use the data provided in Table E1A - 1. 1. Using the data in Table ElA - 1, create the worksheet shown in Figure E1A - 1. 2. Use the Metropolitan Theme (Or any theme you like). 3. Use the Sum button to create the total revenue for each of the four vacation spots and the totals for each of the four vacation packages. Format the worksheet title, VACATION PACKAGE ANALYSIS, as Heading 1 style, and centered across columns A through F. 4. 5. Format the range A2:F8 using the Heading 3 cell style. Use appropriate styles (comma style and curreney style) to format the…
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Market Fresh Foods is looking to develop a new strategic plan. Jay Jones has been developing a project plan and has identified the following tasks, precedence relations, and normal task durations. tasks predecessors task duration start 0 A start 40 B A 34 C A 31 D A 38 E A 28 F C,D 18 G B,F 13 H E,G 22 end H 0 Jay has studied project management at the University of Portland and knows that the starting and ending time of any task may be determined from the information in the table using the critical path method. Assume the following notation when answering the questions below: Metric Description ES Early start time for task EF Early finsh time for task LS Late start time for task LF Late finsh time for task TS Total slack for task FS Free slack for task IS Independent slack for task SS safety slack for task Please provide the CPM result for each of the following metrics: ES_{end} = LF_{D} = FS_{D} = TS_{G} = IS_{G} =
answer Part d, e and f only
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