Consider a project to produce custom door moldings for GMC Acadia cross-over vehicles, described in the following table.Activity Time(weeks)0351361020a. If you start the project immediately, when will it be finished?The critical path is pathand the project duration isActivitySTARTABCDEFGFINISHImmediate Predecessor(s)weeks. (Enter your response as an integer.)STARTSTARTBAA, BD, EC, EF, G

Critical path is a term that is used in project management. It refers to the tasks that have to be…

Answered: a. If you start the project…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

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Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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Management Firm is a consulting company that specializes in the development of decision support systems. Time (Weeks) Activity Description ImmediatePredecessor Optimistic Most Probable Pessimistic A Report generation 2 8 12 B Web scraping 4 9 11 C Testing A, B 1 1 1 (A) Based solely on the critical path, estimate the probability that the project will be complete within 11 weeks. (Round your answer to four decimal places.) (b) Using all paths through the project network, estimate the probability that the project will be complete within 11 weeks. (Round your answer to four decimal places.)
A project consists of three tasks: A, B, and C. Task A is known to take five days forsure. Tasks B and C are each dependent on A. B takes five days. C takes seven dayswith a probability of 0.5 and three days with a probability of 0.5. What is the expectedcompletion time of the project?a. 8 daysb. 10 daysc. 11 daysd. 12 days
Management Firm is a consulting company that specializes in the development of decision support systems. Time (Weeks) Activity Description ImmediatePredecessor Optimistic Most Probable Pessimistic A Report generation 2 8 12 B Web scraping 4 9 11 C Testing A, B 1 1 1 (b) Using all paths through the project network, estimate the probability that the project will be complete within 11 weeks. (Round your answer to four decimal places.)
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?
In reference to the attached image and data below: Step A we learned: Critical Path = A, B, H, I, J; Project Time = 40 Weeks; Total Cost = 364,000 Step B we learned: To crash the critical path I would crash A by 1 week, B by 2 week, H by 2 week and C by 3 week. This would not alter the critical path, only the time line. Steps C we learned: Modeling uncertainty in activity times. In this case I would use the activity times and determine the Variances and the Standard Deviation. Using “best case” (x) and “worst case” (y) scenarios for activity times the formula’s would be (x-y)/6 and (x-y)^2/36. What are the final recommendations for this case?
Using your results from Problem 6,(a) Calculate the probability that the project will be completedin 38 weeks.(b) Calculate the probability that the project will be completedin 42 weeks
there are four project baselines. Scope baseline Schedule baseline Cost baseline Performance measurement baseline Pick one of the baselines above, explain it, and tell us how it is applied to monitor and control a project. If possible, use the Getta Byte Project to provide examples.
Ans c. The earliest starting time for activity H is 15 days Ans d. The latest start time for activity J is 25 days. Ans e. The critical path is A-B-H-I-L-M with the minimum duration of the project as 28 days This is a follow up question please do f and g
You are in charge of a project. Your team has determined that there are 7 activities to be completed. Here are the activities, the time to complete the activity and the immediate predecessor of the activity. Using this data 1) construct a Gantt Chart, 2) determine the time it will take to complete the project, 3) You are monitoring the progress of this project and discover that activity C is in danger of taking longer than planned due to funding issues. What options do you have to get the project back on track? Activity Time Immediate Predecessor A 10 Weeks None B 6 Weeks A C 7 Weeks A D 6 Weeks B E 8 Weeks C F 3 Weeks D G 4 Weeks F
The following represents a very simple project. The calendar allows for 5 work days (M-F) per week. To keep things simple we won’t separate capital expenses and labour. The cost per activity shown below is total (i.e. not per day). Activity Duration (days) Precedent Cost A 5 None* $500 B 7 None* $1000 C 3 A , B $400 D 4 C** $500 E 6 C** $800 * Except for ‘Start’ ** The project can only be signed off once D and E have been completed. Enter the data into a software tool such as GanttProject, and generate the Gantt chart. Please ensure that: 1.…
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)
Widgetco is making a prototype of a new product. The productconsists of two subassemblies. Before building either subassembly, the firm must purchaseraw materials and train workers. Before the subassemblies can be combined, subassembly2 must be inspected. The following table describes the project:Activity Description Requires Duration (Days)A Train workers 6B Purchase materials 9C Make subassembly 1 A,B 8D Make subassembly 2 A,B 7E Inspect subassembly 2 D 10F Combine subassemblies C, E 12G Subassembly 2 safety report E 6How quickly can Widgetco complete this project?(a) Define decision variables.(b) Write a suitable LP problem formulation.

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a. If you start the project immediately, when will it be finished? The critical path is path and the project duration is Activity START A BCDEFG FINISH Tomores, SCIT Activity Time (weeks) 0 3 5 1 3 6 10 2 0 Immediat weeks. (Enter your response as an integer.)