2-Early Start (ES) events are
Q: Q2/ The following network diagram represents the activities involved in a single house. Each…
A:
Q: Define centralized placement?
A: In Centralized Placement, all the inventory of the product is placed at a single location.
Q: Question #4. What is wrong with using the cost of the specific capital used to finance a project as…
A: Answer: Cost of capital and the discount rate in relation to a project are two very much…
Q: Q3: What is Critical Path Analysis? Explain with the help of a suitable example.
A: In a project network with various activities and forming various paths to finish the project, the…
Q: Question 1 The Korlebu Teaching Hospital is modernising its operations with the introduction of a…
A: We are authorized to answer three subparts at a time since you have not mentioned which part you are…
Q: TOPIC: Assignment Method OBJECTIVES: MINIMIZE COST OR TIME ONLY 1 JOB IS ASSIGNED TO MACHINE…
A: Find the given details below: Given details: Job Machine M1 M2 M3 AB 19 24 10 CD 14 17 19…
Q: Define Event Times?
A: Marketing can be described as a function of management which includes creation of needs, identifying…
Q: What is precedence requirements?
A: Precedence requirements are bodily restrictions on the direction in which processes are completed.
Q: 7-Partial grace period (FF) for events is
A:
Q: Activity Duration(days) Construct the network and find critical path. 1-2 1-3 2-4 3-4 3-5 4-9 5-6…
A: A project network diagram is formed with the help of boxes and arrows. It shows the analytical…
Q: Define advanced planning and scheduling (APS)
A: Planning and scheduling are highly important for the management of the projects. It is important to…
Q: a) How many units should be the safety stock? b) What’s the product’s inventory status? c) How many…
A: Safety stock is the inventory that an organization stores in the warehouse to use later for selling…
Q: 9-Critical activities are
A: Critical activities indicating the activities which are in critical path. A critical path is a…
Q: Why is speed important?
A: 1. If You're Not Fast, Your Competitors Will Be - Success for consumer product companies lies in…
Q: Describe Risk identification, Risk Probability& effect, and Risk Response strategy. Explain it…
A: Risk is the possibility of or chance of getting loss , risk is unpredictable Risk…
Q: what is The Rotterdam Rules
A: In December 2008, the new UN Convention on Contracts for the International Carriage of Goods Wholly…
Q: What is task logistics manager?
A: A logistic manager has to liasion, nogotiate and maintain good relations with suppliers,…
Q: 8. When will the manager need to place their Second order? write the week number example: 1
A: I have created the table based on the given information in the question,
Q: McDonald's breakfast launch dilemma Farah Naz Baig Case study Moving forward While Jamil…
A: McDonald's is the largest fast food chain in the global fast-food industry which was started in the…
Q: What is just in time delivery?
A: Manufacturing is the process of producing finished products and services from raw materials and…
Q: Attendance of students using facial recognition. 1.introduction 2.Scope of the study 3. Objective…
A: INTRODUCTION The method of detecting students using face biostatistics based on high definition…
Q: What completion date would you recommend? Show
A: Project crashing is the process of reducing project competition time by using additional cost. A…
Q: What is long range plan?
A: The set of the goal majorly outlines the five or more than five goals defining the path of the…
Q: Purposes of establishing baseline schedule. 1. 2.
A: Project management is the management in which different types of skills and knowledge are required…
Q: Briefly describe how a plant manager might increase EVA in a short period of time.
A: * Introduction - Before diving deep and understanding how EVA might be increased in a short period…
Q: ACTIVITY 1 1. Give an example of a product based on BGC MatriN PRODUCTS DOGS COWS STARS QUESTION…
A: BCG matrix can be explained as matrix that is used to analyse and manage the portfolio of goods or…
Q: 3-Late start (LS) for events is
A: A project schedule network diagram shows the sequential and analytical relationship between tasks in…
Q: Package (course Event Date Instructor Fee Rate material) participant participant per per per…
A: The instructors rate/ participant is:
Q: kl
A: Process mapping is the graphical representation with illustrative descriptions of how things get…
Q: How does trend line improve production?
A: Production is described as the process or approach of economic resources or input like land,…
Q: Define the following terms:
A: FILL OR KILL ORDER It is an interesting concept which has emerged from order types like buy order or…
Q: What is the difference between postponement and channel assembly?
A: In organization products are introduced as per the requirements and needs of consumers. Every…
Q: What is the Procedure for issue of debenture on private placement basis?
A: Debenture refers to the debt instrument which is unsecured relying on the creditworthiness of the…
Q: How is slack/float calculated? Latest finish date – duration Latest start date –…
A: THE ANSWER IS AS BELOW:
Q: Make a precedence Table of the picture below.
A:
Q: centers
A: Yes,it could happne that self contained should have their own shopping centers with independent…
Q: 10. Which of the following tours is not a feasible TSP solution? (а) 5-1-6-2-3-5-4 (b) 4-3-6-2-1-5-4…
A: Let's first check the total distance for each given option a) 5-1-6-2-3-5-4 = 8+11+15+14+9+16 = 73…
Q: Chuck’s Custom Boats (CCB) builds luxury yachts to customer order. CCB has landed a contract with a…
A: Since you have submitted a question with multiple subparts, as per guidelines we have answered the…
Q: Q3- Udesign is a plant producing mass production dresses. The following table shows the tasks needed…
A: Given Information: Required Output = 30 dresses per hour
Q: Describe the differences between Gantt charting, FCS, and the theory of constraints.
A: It employs three types of charts with their specific function and purpose. One of them for…
Q: QUESTION 3 a) Explain the risk management procedure. Set out the risks associated with attending the…
A: Strategies for Industry Specific Risk: Project risks should be examined to a level of detail that…
Step by step
Solved in 3 steps with 3 images
- 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)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 managersUsing 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 .
- For conducting a project seven activities should be performed but maximum availablemanpower is 17. Task duration and manpower requirement is given below. Project managersaid, “It is possible to complete the project without leveling the manpower". Evaluate thestatement of the PM. (Justified or Not-Justified)Humber Web Design Co. is organizing a new project to increase efficiency and improve relations with their clients. The project manager for this initiative has broken the project up into several parts as follows: Activity Activity Description Immediate Predecessor Activity time (days) A Identify Client Base ― 33 B Develop Client Prospectus ― 21 C Perform Design Analysis ― 35 D Program Back End A, B, C 47 E Program Front End A 13 F Project Consolidation D, E 11 (a) For the given project, fill in the nodes of the network diagram below. A E 33 13 Start B D F Finish Time 21 47 11 Time C 35 (b) Using the network diagram, fill in the table. Make sure that you put the values in the appropriate columns. Activity Earliest Start (ES) Latest…Dave Fletcher was able to determine the activity times for constructing his laser scanning machine. Fletcher would like to determine ES, EF, LS, LF, and slack for each activity. The total project completion time and the critical path should also be determined. Here are the activity times: Activity Time (weeks) Immediate Predecessor(s) Activity Time (weeks) Immediate Predecessor(s)A 6 - E 5 BB 8 - F 6 BC 2 A G 9 C, ED 3 A H 7 D , F Dave's earilest start (ES) and earliest finish (EF) are: Activity ES EF A 0 6 B 0 ? C D E F G H
- Your company has just received an order from a good customer for a specially designed electric motor. The contract states that, starting on the 13th day from now, your firm will experience a penalty of $100 per day until the job is completed. Indirect project costs amount to $200 per day. The data on direct costs and activity precedence relationships are given in Table. Electric Motor Project Data Activity Normal Time(days) Normal Cost ($) Crash Time (days) Crash Cost ($) ImmediatePredecessor(s) A B C D E F G H 4 7 5 6 3 11 4 3 1000 1400 2000 1200 900 2500 800 300 3 4 4 5 2 6 3 1 1300 1200 2700 1400 1100 3750 1450 500 None None None A B C D,E F,G a. Draw the project network diagram.b. What completion date would you recommend?Hi, I need help answering the last question. Rob Smith is managing a small project at Boston University. He is under pressure to shorten the overall duration of the project by 4 weeks and he wants to do so at the lowest cost possible. In order to meet this objective a number of activities must be crashed. Activity Normal Time (weeks) Crashed Time (weeks) Normal Cost Crashed Cost Predecessor(s) A 5 3 $800 $1,200 - B 6 5 $300 $450 - C 6 5 $550 $775 - D 3 2 $750 $950 A E 6 3 $1,350 $2,250 C F 5 3 $675 $875 B What is the total cost of crashing the project 4 weeks (just the additional cost, not total project cost)? (Display your answer to two decimal places.)please help, project management. I need part D,Eand 2 1) Given the following information for a one-year project, answer the following questions. Recall that PV is the planned value, EV is the earned value, AC is the actual cost, and BAC is the budget at completion. PV=$22,000 EV=$20,000 AC=$25,000 BAC=$120,000 a) What is the cost variance, schedule variance, cost performance index (CPI), and schedule performance index (SPI) for the project? Show your calculations. b) How is the project doing? Is it ahead of schedule or behind schedule? Is it under budget or over budget? Explain. c) Use the CPI to calculate the estimate at completion (EAC) for this project. Is the project performing better or worse than planned? Explain. d) Use the SPI to estimate how long it will take to finish this project. e) Sketch the earned value chart for this project. 2) Write a one-page summary explaining how is project cost management different when using an Agile approach? Make sure to document any cited…
- PERT/CPM HOMEWORK (MOD 10) In the table below, you will see activities and times associated with each activity. Review the PowerPoint slides in Module 10 , before you start this assignment. Task Preceding Tasks to (optimistic) tm (most likely) tp (pessimistic) A NONE 2 3 10 B NONE 2 3 4 C A 1 2 3 D A 4 6 14 E B 4 5 12 F C 3 4 5 G D,E 1 1 7 1.) Draw the network using the table above. Make sure all 4 values (ES, EF, LS, LF) are listed on the network. 2.) What is the slack for each activity? What is the critical path? Show ALL of your work! 3.) Find the expected project completion time. What is the project variance? 4.) What is the probability that it would be in more than 14 days? Show ALL of your work. *The circle diagram picture is just an example of how it should look it is not apart of the problem in the chartExplain the following project situations using just the following schedule and cost information: a. PV = $10,000, AC = $12,000, EV = $10,500b. PV = $10,000, AC = $10,000, EV = $10,000c. PV = $10,000, AC = $9,000, EV = $10,000a. PV = $10,000, AC = $10,000, EV = $9,000You 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?