Practical Management Science
6th Edition
ISBN: 9781337406659
Author: WINSTON, Wayne L.
Publisher: Cengage,
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- H3. Weber Optical, an eyeglass manufacturer, pays employees an incentive based on the average amount of work completed per processing 20 invoices per hour. An employee who processes 30 invoices would earn $15 per hour. Hence, Weber Optical pa many invoices an employee processes per hour. Which type of incentive pay does this scenario illustrate? O 1. rising differential 2. straight commission plan 3. straight piecework plan 4. standard hour plan Show proper step by step calculationarrow_forwardStage 2 General Mathematics - Summative Discrete Models Test 1. Nine activities are needed to prepare a delivery of sneakers from the factory to the customers. The duration, in minutes, and immediate predecessors for these activities are shown in the table below. Prerequisite(s) Earliest Start Time Latest Start Time Activity A B C D E F G H Duration 5 3 8 9 I 26534 - ABUSE C, D C, D E F G, H a) Given the information in the first 3 columns, draw the Precedence Network for these activities. Slack Time b) Using the Critical Path Method, complete the table above (with Earliest Start Time, Latest Start Time and Slack Time columns) then state the Critical Path in the space below. c) What is the minimum completion time for the preparation of the delivery?arrow_forwardThree point estimates and bottom up estimating are used in developing: (select one correct answer) Schedules Risks Cost estimates Scopearrow_forward
- Example 2.39 Table 2.119 provides normal and crash times as well as normal and crash costs for the activities of a project. Table 2.119 Project activity details Activity Normal Time (Weeks) Normal Cost (Lakhs) Crash Time (Weeks) 1-2 3 5 2-3 4 8 2-4 3 4 2-5 8 S 3-6 4 3 4-6 6 2 5-7 5 10 6-7 3 7 1 3 2 7 2 4 4 1 Crash Cost (Lakhs) 9 14 6 6 5 3 14 10 Project Network Analysis-1 | 141 (a) Draw the network and find the critical path. (b) Using the above information, crash or shorten the activities step by step until the shortest duration is reached. MMM, VI Sem, Mumbai Univ, 2006arrow_forwardActivity Preceded By ABCDEFG А ww ww A B,C D E BC F. G Expected Time Regular Crash 6 days 2 day 12 6 4 10 8 C 18 6 2 6 6 2 8 4 Direct Cost Regular Crash $2000 $3800 2000 10000 4000 4600 3900 5000 7600 16000 19600 2000 4000 1000 3400 2800 Requested: (a) Construct a network including the Early and Late Start and Finish times. (b) Identify the normal Critical Path(s) and the normal expected completion time (c) Can the project be crashed to last 18 days? Which activities should be crashed and at what additional cost?arrow_forwardWhat do we mean by HRP?arrow_forward
- Time Immediate Time Immediate Activity (weeks) Predecessor(s) Activity (weeks) Predecessor(s) A 7 4 7 B 3 11 C, E 1 7 D.F Dave's earliest start (ES) and earliest finish (EF) are: Activity ES EF 7 B 10 7 E 11 G 22 20 Dave's latest start (LS) and latest finish (LF) are: Activity LS LF H 15 G 11 F 9 E 7 D 14 A The slack times are: Activity Slack A D E F G H The activities on the critical path are The total project completion time for Dave = weeks.arrow_forwardActivity Predecessor Estiumated time Aij A=(1-2) - 2 4 6 B=(2-4) A 4 7 10 C=(2-3) A 6 7 14 D=(2-5) A 3 6 9 E=(4-6) B,C 12 14 22 F=(3-5) C 2 10 12 G=(5-6) D,F 6 9 12 H=(6-7) E,G 5 7 15 -Calculate the Expected Time (te)-Calculate the Variance (vt)-Calculate the Standard Deviation (St)arrow_forward6arrow_forward
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