Understanding Business
12th Edition
ISBN: 9781259929434
Author: William Nickels
Publisher: McGraw-Hill Education
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- 2arrow_forwardActivity Immediate Predecessors Normal Time (NT) (weeks) Normal Cost (NC) ($) Crash Time (CT) (weeks) Crash Cost (NC) ($) A --- 4 $200 2 $650 B A 6 $500 4 $900 C A 5 $600 3 $1,200 D A 6 $1000 5 $1,400 E B 6 $1,500 5 $2,000 F C, D 5 $200 4 $400 G E, F 6 $600 4 $1200 Determine the minimum cost-schedule for this project to be completed in 18 weeks.?arrow_forwardActivity Normal_time Crash_time Normal_cost Crash_cost Slack 28 22 5800 6700 0 30 4200 4200 1 13 4500 4500 0 25 4300 6700 1 18 5700 6700 2 20 5200 6500 2 AB C D E F 30 13 33 29 Previous 34 The table shows normal time (in days), crash time (in days), normal cost (in dollars), crash cost (in dollars) and slack time (in days) of activities in a small construction project. According to this table which activity must be crashed first? Assume there is only one critical path. (Only type the name of the activity, Example: A. Nextarrow_forward
- subject: PROJECT MANAGEMENT Question : PM.346.HSF1 The Practice of Project Management Pls do not generalize the answer. Thank youuuuu TO DO: Createee aaaa Resource Breakdown Structure below. Background Joseph-McHendry Purveyors, Ltd. (JMP) is an international retailer of fine collectibles and bibelots, including authentic antiques, objets d'art (paintings, sculptures, etc.) and expensive jewelry. It operates on a world-wide basis, with over twenty outlets in various developed countries, and is headquartered in San Francisco. JMP has an excellent reputation, and is known in the industry for its quality, honesty and providing "the personal touch." Much like Nordstrom, JMP charges a premium for the products; but their clientele believe that they are getting their money's worth! Revenues for this past year exceeded $800 M. The firm's organization is essentially functional, with a product orientation. Major departments include Marketing, Finance and Accounting,…arrow_forwardQuestion 43 Given the activities, time estimates and dependency relationships: Duration (days) Activity Predecessor Optimistic Most Likely Pessimistic A *** 3 5 13 B *** 4 7 10 C A 5 7 15 D B 8 9 22 What is the estimated standard deviation for the critical path? Group of answer choices 2.78 2.54 2.36 1arrow_forward
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