1. Determine the critical path for the project network in the following Figure:
Q: The manager of a Burger Doodle franchise wants to determine how many sausage biscuits and ham…
A: Objective Functions and Constraints: Based on the given details, the objective…
Q: What is the total cost of meeting customer requirements each day? Total cost
A: The transportation model is used to calculate the minimum cost of the route by selecting different…
Q: Melur based uses and sells 15,000 units of a products per year with the price of RM60,000. Carrying…
A: Economic order quantity is described as a metric through which ideal or effective order size is…
Q: Distinguish between the advantages and disadvantages of developing an application with a large…
A: The application program is software that concerns the users only by providing tools to complete a…
Q: Illustration 5.3 Volkswagen's governance crisis Spring 2015 saw a boardroom battle at one of the…
A: To what extent does Volkswagen reflect the strengths and weaknesses of the stakeholder model of…
Q: Differentiate between locating a service company as opposed to locating a manufacturing.
A: Together with advertising, HR, and perhaps finance, operations are one of a company's key functional…
Q: ties: Simple moving average, Weighted moving average, Simple Exponential Smoothing,…
A: Forecasting demand is one of the most important things in the supply chain. It helps companies plan…
Q: An Electrical Utility Startup Problem A problem faced by an electrical utility company each day is…
A: Let us consider the variables A, B, C,D & E represent the Generators A,B,C,D & E. Now, let…
Q: 1) Find the time to complete this project assuming the given duration of each task is constant.…
A: A network diagram related to the project shows the sequence of the task that is performed to…
Q: The following data relate the sales figures of the bar in Mark Kaltenbach's small bed-and-breakfast…
A: Given data is
Q: At the British Grand Prix’s Silverstone Circuit’s 3 July 2022 race, it was another battle royal of…
A: Arrival rate λ 2048 per hour Service rate µ 533 per 14 minutes Gallery capacity = 150,000…
Q: Discuss five (5) challenges in setting goals
A: Organizations like Summerwood Hotel today are focused upon delivering the best commodities to their…
Q: Porter five forces model, developed by Michael E. Porter of Harvard University in 1979, holds the…
A: Model P is a structure that helps assess a company’s competition. This helps to evaluate a company…
Q: PROBLEM 3 Magasin Publishing Company publishes two types of magazines on a monthly basis: a…
A: Given data is Type Profit Cost Restaurant & entertainment 50 17 Real estate 75 25…
Q: Walmart (WMT) is robotic janitors in some of its stores. Walmart has purchased several Autonomous…
A: 1. Various advantages that are associated to Walmart of using the employees over robots, a)…
Q: The investment required to bring South Africa’s rail network back to its design specification was…
A: The railroad is a largely used transportation method since it was introduced. It is a transportation…
Q: According to your understanding, what does the mission statement mean? 2. Why is it important for…
A: A vision statement can be stated as the statement that generally describes what an organization to…
Q: CLEAN is a local Cleaning company with a good reputation. The company was established in 2014 and…
A: a. SMART objective is an Acronym for Specific, Measurable, Attainable, Reasonable and Time bound…
Q: nagement Is controlling applicable to the day-to-day activities of the engineer? Explain your…
A: Yes, definitely controlling plays important role in every one's day-to-day activities. Mostly in…
Q: Braneast Airlines uses 500 taillight per year. Each time an order for taillights is placed, an…
A: Economic Order quantity (EOQ) is a inventory ordering method which helps to identify the optimal…
Q: Determine where Easy Time should purchase baby food and how the food should be distributed to…
A: The transportation model is used to calculate the minimum cost of the route by selecting different…
Q: Imagine that you own a coffee shop in downtown Toronto. You think it's time to expand to a second…
A: In the context of the statistical study, the sampling techniques can be stated as how an…
Q: which of these is not true about DMADV options are Addresses the to-be process Reduces/…
A: DMADV is nothing but the acronym for Define, Measure, Analyze, Design, and Verify. DMADV is…
Q: In the Petroco Service Station problem, for the exponentially smoothed forecast with an a value of…
A: Forecasting is a technique used to predict future outcomes on the basis of past data. In businesses…
Q: The assumptions of the production order quantity model are met in a situation where annual demand is…
A: From the above given information, Annual demand, D= 5000 units Set up or ordering cost, o =$30…
Q: Months Month 1 Month 2 Month 3 Month 4 Month 5 Sales 20 25 32 35 38 Please use the weight 0.45 for…
A: Given data:
Q: As technology evolves, consumers will see a growing number of vending machines for products,…
A: A vending machine can be stated as a technical or automated machine that offers or provides products…
Q: At the Strathmore University Cafeteria, students seeking to have a meal are observed to arrive at a…
A: Arrival rate λ 16 per 20 min Service rate µ 19 per 20 min
Q: Colombo Coffee Co is the ultimate coffee shop based in Durban North, has everything a coffee lover…
A: Colombo Coffee Co is the ultimate coffee shop based in Durban North, has everything a coffee lover…
Q: The manager of a Burger Doodle franchise wants to determine how many sausage biscuits and ham…
A: Objective Functions and Constraints: Based on the given details, the objective…
Q: Use the Hungarian method to obtain a plan that will minimize the processing costs in the following…
A: Undesirable combination means Job that should not to be sent on a particular machine. Job 3 cannot…
Q: CASE 1. Mossaic Tiles, Ltd. Gilbert Moss and Angela Pasaic spent several summers during their…
A: Given data is Tile type Molding hrs Baking hrs Glazing hours Clay derivative in pounds Larger…
Q: Discuss the value of observation in a research project.
A: Observational research can be stated as the research approach where and researcher observe or…
Q: As the assistant manager of a restaurant, how many servers will you need given the following…
A: Given data: Demand = 91 dinners per hour Server target utilization = 90 % = 0.90 Service rate per…
Q: Enumerate and explain five different supply chain trends and how they will affect the hospitality…
A: Hospitality industry:- The hospitality sector can be characterised as a business that offers…
Q: GM Electronics expects to sell 800 alarm systems each month of 2022 at R4 000 each. The cost price…
A: Annual Demand, d =800 ×12 =9600 alarm systems Unit cost, u =R 2000 Holding cost, h =0.01×2000 = R 20…
Q: 1. What inventory management model should we use to solve this problem? Model Economic Quantity to…
A: NOTE: We are allowed to do first three sub-parts only. Please post rest parts again to get answers.…
Q: What is the importance of Inventory Management? Cite examples on how to handle management
A: Inventory management is a strategic area in the supply chain operations and has an impact on the…
Q: Tesla's Vertical Integration Is Something Automakers Are Eager To CopyAutomotive manufacturing has…
A: Pandemic brought a tough time for almost all the industries and economies. Some got largely…
Q: XYZ Print Inc. uses plain paper for copying needs. Weekly demand for that paper follows a normal…
A: Given data: Weekly average demand=100 and the standard deviation =50, each week, a replenishment…
Q: PTS is interested in exploring the impact effective supply chain management would have. Suppose that…
A: Profit margin = 5% Supply chain spending = 45% Fixed and production cost = 50% Sales = $100
Q: 5 labor nours na 5 boxes. And the last one needs 2 of raw material and 10 of labor hours and 3…
A: Linear programming is a mathematical technique used in the fields of optimization, operations…
Q: 1. Compute the throughput time. (Round your answer to 1 decimal place.) 2. Compute the manufacturing…
A: Production is the process in which inputs are combined to have the required output. It includes a…
Q: a) what is the maximax decision? b) what is the maximin decision c) what is the equally likely…
A: Mathematic models of decision-making help businesses take the correct decision for their operational…
Q: The definition of work-in-process (WIP) inventory is: Select one: a. An end item ready to be sold,…
A: A manufacturing unit has different kinds of inventories such as; Raw material inventory Material…
Q: In the Bayside Fountain Hotel problem, compute an adjusted exponentially smoothed forecast with a =…
A: Forecasting is a technique used to predict future outcomes on the basis of past data. In businesses…
Q: Distinguish between internal and external stakeholders in systems analysis
A: A stakeholder can be stated as the individual or party in the organization that can either affect or…
Q: what are the objectives of corrective maintenance?
A: Corrective maintenance is described as the process that includes repairing or replacing equipment…
Q: Draw up a plan for a preliminary assessment of waste minimization opportunities in a small…
A: Waste minimization is indeed a method of waste management that aims to lessen the quantity as well…
Q: True or False If the term of the sale is FOB destination point, the Seller will shoulder the cost…
A: Transporting of goods is moving the goods from one place to another. These are various types of…
Step by step
Solved in 3 steps with 2 images
- 1) The construction of a house is based on the following CP network Activity Predecessor Normal time (days) Normal Cost (dollars) Crash time (days) Crash cost (dollars) F __________ 4 100 2 150 G F 8 80 2 140 H G, F 2 40 1 60 I F 3 20 2 80 J G 5 80 3 140 K H, I 5 160 1 100 L J, K, I 6 120 2 240 a) Create a labelled network diagram. b) What is the % increase of project costs if the project is to be crashed by the 4 days. c) Crash the project by 4 days, showing the activities you would crash and it's associated cost to do so.You are the project manager of the software installationproject in Table 7.12. You would like to find the minimum-costschedule for your project. There is a $1,000-per-week penaltyfor each week the project is delayed beyond week 25. In addi-tion, your project team determined that indirect project costsare $2,500 per week.a. What would be your target completion week?b. How much would you save in total project costs with yourschedule?Dave is the project manager for a construction project that is building agazebo. When the project first started, he met with the stakeholders to definethe scope. The sponsors mentioned that the gazebo is a really important partof their daughter’s wedding ceremony that was planned for 7 months fromthen. In fact, they said that if the gazebo couldn’t be completed in 7 months, itwouldn’t be worth it for them to even start the project. Dave wrote down the7-month deadline to put in his Project Scope Statement. In which section ofthe document did the deadline appear?”A. Project ConstraintsB. Project DeliverablesC. Project ObjectivesD. Project Assumptions Which of the following is a “hygiene factor” under Herzberg’s Motivation-Hygiene Theory?A. Recognition for excellent workB. Self-actualizationC. Clean clothingD. Good relations with coworkers and managers
- A student has been put in charge of a new garden design. The new design will involve five different activities. Per project management guideline, activities “a” and “b” start on day 0. Draw the network diagram. Calculate ES/EF/LS/LF and Slack for all activities. Activity A: Immediate Predecessprs (-) Duration days (3) Activity B: Immediate Predecessprs (-) Duration days(5) Activity C: Immediate Predecessprs (a) Duration days(3) Activity D: Immediate Predecessprs (b) Duration days(7) Activity E: Immediate Predecessprs (C,D) Duration days(3)10.6 This optional problem requires knowledge of statistics. Heywood Home Healthcare is evaluating a project with the following net cash flows and probabilities: Time 0 Year 1 Year 2 Year 2 Year 3 Year 4 Prob = 0.2 ($100,000) 20,000 20,000 20,000 20,000 30,000 Prob = 0.6 ($100,000) 30,000 30,000 30,000 30,000 40,000 Prob = 0.2 ($100,000) 40,000 40,000 40,000 40,000 50,000 The year 5 values include salvage value. Heywood’s corporate cost of capital is 10 percent. What is the project’s expected NPV on the basis of the scenario analysis? What is the project’s standard deviation of NPV? Assume that Heywood’s managers judge the project to have lower-than-average risk. Furthermore, the company’s policy is to adjust the corporate cost of capital up or down by 3 percentage points to account for differential risk. Is the project financially attractive?Coleman Rich Control Devices, I nc., producescustom-built relay devices for auto makers. The most recent projectundertaken by Rich requires 14 different activities. Rich's managerswould like to determine the total project completion time(in days) and those activities that lie along the critical path. Theappropriate data are shown in the following table.a) What is the probability of being done in 53 days?b) What date results in a 99% probability of completion?
- The VOXN Cinema is installing a new system to enhance the quality of movies shown. Assume that the following table provides information on the immediate predecessor relation and time estimated for each event. a.List the possible eight events which you think essential in expanding a Cinema.b. Draw a network diagramc.find the total time required to complete the project d. List the critical events of the project. Activity immediate predecessor Time (weeks) A - 3 B - 4 C A 6 D B 2 E A 5 F C 2 G D , E 4 H F , G 5please help, project management 1. Running Case1 Several people working on the Global Treps Project are confused about their responsibilities for providing content for the new website. The team member in this project include you, the project manager, Bobby, the IT guy, and three people who will run shark-tank-like events in Vietnam, India, and Ethiopia (Kim, Ashok, and Alfreda). The activities in the WBS for the in- house development include the following: 1.3.2.1 Guidelines and templates for events 1.3.2.2 Acceptance of ideas for needed new products or services 1.3.2.3 Custom site for 20 events You and your team also need to provide information for the videos that you are outsourcing. The purpose of these short videos is to show people how to use the site and provide suggestions for holding the events. That activity is 1.3.1.3 Video creation for website in the WBS. You have selected the company that will do the outsourced video creation, and their main contact person is Angela.…n additional equipment (AE) costing$3,500,000 will be needed at the end of year 3. At the end of seven(7) years, the original equipment, IE, will have no resale value butthe supplementary equipment, AE, can be sold for $50,000. A workingcapital of $1,350,000 will be needed.The project is forecast to generate sales of agri-products over theseven years as follows:Year 1 70,000 unitsYear 2 100,000 unitsYears 3-5 250,000 unitsYears 6-7 325,000 unitsA sale price of $150 per unit for the first two years is expected andthen decline to $90 per unit thereafter as the newness of the productloses some sheen. The variable expenses will amount to 30% of salesrevenue. Fixed cash operating expenses will amount to $1,100,000 peryear.The company falls in the 25% tax category for ordinary income and 40%tax category for capital gain.The initial equipment is depreciated as per the 7-year MACRS systemand the additional equipment is depreciated on a straight-line basis.In the event of a negative taxable…
- Using the information provided in the table, the network diagram and the project completion time = 25 weeks, reduce the completion time of the project by 3 weeks in the most economical way. Activity NormalTime(weeks) NormalCost ($) CrashTime(weeks) CrashCost ($) MaximumweeksReduced CrashCost perWeek ($) A 3 500 2 900 1 400 B 4 600 3 700 1 100 C 6 800 3 1,286 3 162.00 D 6 1,500 4 2,150 2 325 E 6 1,750 4 2,250 2 250 F 5 1,200 5 1,200 0 0 G 7 1,500 5 1,794 2 147 H 3 500 3 500 0 0 Reduce G by select a number of (1-4) week(s), C by select a number (1-4) of week(s), at a cost of $ __________ enter a dollar amount .10. The project described in the following table is scheduled to be completed in 11 weeks. Constructa network diagram using AOA or AON (see Example 5 for either type). Then answer the followingquestions:a. If you were the manager of this project, would you be concerned? Explain.b. If there is a penalty of $5,000 a week for each week the project is late, what is the probabilityof incurring a penalty of at least $5,000? Path Activity Estimated time(Weeks) Std. Dev(Wks) A C 4 0.7 D 6 0.9 B E 3 0.62 F 9 1.9The Advanced Tech Company has a project to design an integrated information databasefor a major bank. Data for the project are given in Table Q2 below. Indirect project costsamount to $300 per day. The company will incur a $150 per day penalty for each day theproject lasts beyond day 14.(a)What is the shortest time duration and cost for this project?B)What is the total cost and time of the minimum-cost schedule?