Operations Management
Operations Management
17th Edition
ISBN: 9781259142208
Author: CACHON, Gérard, Terwiesch, Christian
Publisher: Mcgraw-hill Education,
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Chapter 19, Problem 6PA

What is the definition of the latest completion time (LCT) of a project activity?

  1. a. LCT(Ai) = Max{LST(Aj) for which Aj is a successor of Ai}
  2. b. LCT(Ai) = Min{LST(Aj) for which Aj is a successor of Ai}
  3. c. LCT(Ai) = Max{LST(Aj) for which Aj is a predecessor of Ai}
  4. d. LCT(Ai) = Min{LST(Aj) for which Aj is a predecessor of Ai}
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Which of the following in the project management process defines a set of clear, discrete set of activities and resources required to complete a project? O Project Initiation. Project Execution. O Project Monitoring and Control. Project Planning.
Office Automation Inc., developed a proposal for implementing a software system that will standardize the accounts payable function by automatically issuing an electronic payment upon receipt of the vendor invoice. Contained in the proposal is a list of activities that must be accomplished to complete the project. The following table contains relevant information about the activities. Activity A B с D E F Description Plan needs Order equipment Install equipment Set up training lab Conduct training course Test system Immediate Predecessor A B A D C, E Time (weeks) Normal Crash 10 8 10 7 10 3 6 7 6 8 3 Cost ($1,000s) Normal 30 120 100 40 50 60 Crash 70 150 160 50 75
2.To obtain reasonable assurance about the completion of the project within the timeline, the best method is which of the following? Group of answer choices To compare the estimated end date and estimated time for completion of the project To obtain confirmation from the project manager about the project completion date To obtain confirmation from the project manager about the project completion date To extrapolate the end date on the basis of completed work and resource availability     15.From among the following activities, which is the best example of a project? Group of answer choices Writing a term paper Completing a college degree Producing automobiles Processing insurance claims

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