a. Draw the precedence diagram. b. What is the probability that the project can be completed in 24 days or less? In 21 days or less? c. Suppose it is now the end of the seventh day and that activities A and B have been completed, while activity D is 50 percent completed. Time estimates for the completion of activity D are 5, 6, and 7. Activities C and H are ready to begin. Determine the probability of finishing the proj- ect by day 24 and the probability of finishing by day 21. TIME IN DAYS

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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90% O E
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Go Tools Window Help
a Stevenson, W. J. - Operations management. (14th ed.). McGraw-Hill-Mcgraw-Hill (2021).pdf (page 806 of 929)
O a bearch
Rev
How many weeks after the original start time should the project be finished?
7. Three recent college graduates have formed a partnership and have opened an advertising firm.
Their first project consists of activities listed in the following table.
operations
notes
6100
Stevenson,
a. Draw the precedence diagram.
W. J..21).pdf
b. What is the probability that the project can be completed in 24 days or less? In 21 days or less?
c. Suppose it is now the end of the seventh day and that activities A and B have been completed,
while activity D is 50 percent completed. Time estimates for the completion of activity D are 5,
6, and 7. Activities C and H are ready to begin. Determine the probability of finishing the proj-
ect by day 24 and the probability of finishing by day 21.
nd impre
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TIME IN DAYS
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other info
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Predecessor
Optimistic
Most Likely
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5
6
7
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8
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2/21/22
12
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F
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d. The partners have decided that shortening the project by two days would be beneficial, as long
as it doesn't cost more than about $20,000. They have estimated the daily crashing costs for each
activity in thousands, as shown in the following table. Which activities should be crashed, and
what further analysis would they probably want to do?
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Activity
First Crash
Second Crash
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Transcribed Image Text:Preview File Edit 90% O E Q O Go Tools Window Help a Stevenson, W. J. - Operations management. (14th ed.). McGraw-Hill-Mcgraw-Hill (2021).pdf (page 806 of 929) O a bearch Rev How many weeks after the original start time should the project be finished? 7. Three recent college graduates have formed a partnership and have opened an advertising firm. Their first project consists of activities listed in the following table. operations notes 6100 Stevenson, a. Draw the precedence diagram. W. J..21).pdf b. What is the probability that the project can be completed in 24 days or less? In 21 days or less? c. Suppose it is now the end of the seventh day and that activities A and B have been completed, while activity D is 50 percent completed. Time estimates for the completion of activity D are 5, 6, and 7. Activities C and H are ready to begin. Determine the probability of finishing the proj- ect by day 24 and the probability of finishing by day 21. nd impre o you w CExtra Screen Shot 20228 PM DOCK G resume 2021 TIME IN DAYS Vaccine and other info Immediate Activity Predecessor Optimistic Most Likely Pessimistic Screen Shot 2022-06 PM A 5 6 7 росх DOCX B 8 8. 11 Resume A 8 11 2/21/22 12 15 Password E F D 6 7 Screen Shot G 2 3 7 2022-41 PM XLSX H B 4 4 Hw operation o Job 4.xisx 7 8. Searc...notes End E, G, I d. The partners have decided that shortening the project by two days would be beneficial, as long as it doesn't cost more than about $20,000. They have estimated the daily crashing costs for each activity in thousands, as shown in the following table. Which activities should be crashed, and what further analysis would they probably want to do? Screen Shot 2022 21 PM Activity First Crash Second Crash $8 $10 Screen Shot Screen Shot Screen Shot 1 20229 PM 2022-.5 PM 20228 PM D 10 11 10 F CALL-DUTY MW2 G 9 10 H. 7 8 6 8 "Belk Collége Undergraduate Career Screen Shot. Screen Shot Call of Duty 2022-.19 PM 2022-..6 PM 2022-.0 PM/20227 PM 2022-..3 PM Mode.rfare 2 Group Weight Resources
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