d) If the time to complete path A-C is normally distributed, what is the probability that this path will be finished in 22 weeks or less?
Q: Describe the differences between productivity and its subcomponents (total measure productivity, par...
A: Productivity can be broadly defined as the ratio between the volume of the output and the volume of ...
Q: The Callaghan family owns 410 acres of farmland in Co. Cork on which they grow wheat and oats. Each ...
A:
Q: Improving and optimising client retention and loyalty is a significant company strategy. Explain why...
A: Enhancing and optimising client retention and loyalty is one of the major strategy of the company. ...
Q: Covid-19 is an example of a general environment force. Group of answer choices True False
A: A general environment is a environment in which is beyond the controls of an organisation or it is a...
Q: d. Use the calculated cycle time. Assign tasks to workstations on the basis of most following tasks....
A:
Q: Master schedules a re expressed in three different waysdepending on whether the process is continuou...
A: Master scheduling refers to the detailed process of planning that help in tracking the manufacturing...
Q: How do you define a project and how is a project different from what most people do in their day-to-...
A: A project can be defined as a effort, using a combination of human, technical, administrative, finan...
Q: 1. Why did Global Green Books Publishing struggle? 2. What kind of suggestions would you give to Br...
A: Project management is the use of detailed knowledge, skills, tools, and techniques to deliver someth...
Q: why it is important for a firm to have a location strategy ?
A: Concept Introduction Location Strategy refers to a firm's geographical positioning to have direct ac...
Q: Based on the article above, Tesco choose to pursue SBU structure across all its business areas for m...
A: A Small Introduction bout Supply Chain Management Supply Chain Management can be characterized a...
Q: improvement in productivity with the changes that have been implemented by the process engineer? Pro...
A:
Q: b. Determine the expected value of perfect information using an opportunity loss table. (Round your ...
A: Here, we could see the Cost matrix, we have a probability for each state of nature, and we have thre...
Q: In year 2010, a saop manufacturer forecasts that demand of 2011 will be 200 lakhs of units of saop. ...
A: Given: Previous periods forecast = 200,00,000 Alpha = 0.30 Previous periods actual demand = 210,00,0...
Q: 9. A work operation consisting of three (3) elements has been subjected to a time study. The recorde...
A: Since you have submitted multiple questions, as per guideline we have answered the first question (9...
Q: An effective project charter is written for experts in project management who can evaluate the proba...
A: An effective project charter is written for experts in project management who can evaluate the prob...
Q: There are 3 different fire alarm systems in the store. System A detects fire with a probability of 0...
A: In the question, we could see that there are three different fire alarm systems, these systems are s...
Q: Business Math: Separation refers to an employee who has left a business, whether the employee has qu...
A:
Q: A work center assigns tasks to 7 work stations. The total of all the task times is 24. If the cycle ...
A: Remember the formulas for this problem Total time taken = No. of stations * Cycle time Efficiency =...
Q: Which among the eight-vendor identification steps is crucial? Why?
A: It is very important to find a suitable vendor for the firm because lots of work will depend on the ...
Q: The YT ltd. the output produced is of €47,67,000 and the input costs are material is € 1,20,000, ene...
A: Productivity is the unit of output per unit of input used to produce that output. Productivity = out...
Q: 6. A firm produces four products: A, B, C. and D. Each unit of product A requires two hours of assem...
A: Objective Functions and Constraints: Based on the given details, the objective funct...
Q: Goal Seek does not calculate the output value that provides the desired input value.
A: Productivity analysis is described as a process through which specific areas are identified, and it ...
Q: pply chain management solutions are more outside oriented than enterprise systems.
A: Supply chain management systems are more outward facing, focusing on helping the firm manages its re...
Q: 5. This method is used when the population of interest is large and widely geographically dispersed....
A: Cluster sampling is a type of probability sampling where the researchers divide the population into ...
Q: As a dietician, formulate a model to determine the least-cost meal that meets all the daily nutritio...
A: Let x be the amount of milk, y be the amount of cheese and z be number of apples.
Q: Demand 150 250 200 (i) What will be the decision variable for this transportation problem (ii) Devel...
A: Concept Meaning- A prologue to the Transportation problem has been talked about in the past article,...
Q: The chart below shows the initial investment and expected yearly payback for Project A and Project B...
A: A Small Introduction about Investment A venture is basically a resource that is made fully intent...
Q: a) Calculate the expected time and variance for each activity. b) What is the expected completion ti...
A: A Small Introduction about Linear Programming A Linear Programming (LP) is a sort of numerical im...
Q: Explain what is Taguchi Loss Functions (TLF)?
A: Taguchi Loss Functions is a function that depicts the loss. It was developed by Genichi Taguchi.
Q: What are the effects of having a very robust, specific specifications? provide and disadvantages in ...
A: A Small Introduction about Management Management is the accomplishment of hierarchical objectives i...
Q: What is the available-to-promise amount for week 3 of the final master schedule bases on the figures...
A:
Q: Cutey Barber Salon is a trendy barber salon that is located in a densely populated city called Maple...
A: Given-
Q: Understanding and predicting inventory obsolescence is an important determination for retal companie...
A: Inventory management is described as the process through which orders are placed, products are sold,...
Q: You manufacture t-shirt. For a batch of 2,500 t-shirts, your fixed cost total P100,000 and your unit...
A: Break-even point refers to the point where the total cost and total revenue are same. This means tha...
Q: Explain the phrase "balanced scorecard" in just a few words. What role does it play in the operation...
A: Balanced scorecards were initially meant for for-profit companies but were afterward adapted for non...
Q: RIGHTHAND SIDE RANGES ROW CURRENT ALLOWABLE ALLOWABLE RHS INCREASE DECREASE 2 400.000000 400.000000 ...
A: Note: - Since we can answer only up to three subparts we will answer the first three subparts(1.1, 1...
Q: calculate the productivity of the firm that produces beef products as it produces 6000 units in almo...
A: Given: Quantity Produced = 6000 units time taken = 567 Hours Selling price = $ 41 Labour rate = $ 36...
Q: Networks may be used to represent assignment problems. Discuss
A: An assignment problem can be stated as the particular type of problem associated with linear program...
Q: You have been asked by your boss to calculate the Economic Order Quantity (EOQ) for one of the major...
A: The EOQ is the optimal order quantity that the company should buy so that the inventory cost will re...
Q: 1. A job has 48 seconds tact time generates an hourly output of? 2. An MTM study indicated that an o...
A: Note: - Since the exact question that has to be answered is not specified we will answer only the fi...
Q: Cutey Barber Salon is a trendy barber salon that is located in a densely populated city called Maple...
A:
Q: Break Even is defined as Revenue = Tolal Cost What is the quantity of toys that must be sold to brea...
A:
Q: Given this information: Expected demand during lead time = 345 units Standard deviation of lead time...
A: Reorder point refers to the level of inventory on hand that triggers the company to order more inven...
Q: Which of the following is true regarding the business views/goals to build a business intelligence d...
A: Note: - Since the exact question to be answered is not specified we will answer the first question h...
Q: In general life insurance company the, the registration process mean is 60 minutes , and the standar...
A: Given: mean = 60 minutes standard deviation = 0.64 minutes Upper specification = 62 minutes lower sp...
Q: A manager wants to assign tasks to workstations as efficiently as possible and achieve an hourly out...
A: Given- Production time in minutes = 60 minutes Demand units = 30 units
Q: c. Complete the last three rows of the record by using the POQ lot-sizing rule, with P = 2. (Enter y...
A: Given data is
Q: timization algorithms help to e
A: What Is a Labor Optimization? Computer software has made it possible for huge enterprises with a lar...
Q: What is the nike solutions for shortage in supply chains because of this pandemic
A: A Small Introduction about Supply Chain Inventory network Management can be characterized as the ad...
Q: 4. The Toones Company has $30,000 for the purchase of materials to make three types of MP3 players. ...
A: Decision variable: Suppose-X be the no. of Type 1 MP3 playerY be the no. of Type 2 MP3 playerZ be ...
show complete solution
Trending now
This is a popular solution!
Step by step
Solved in 2 steps with 2 images
- Management Firm is a consulting company that specializes in the development of decision support systems. Time (Weeks) Activity Description ImmediatePredecessor Optimistic Most Probable Pessimistic A Report generation 2 8 12 B Web scraping 4 9 11 C Testing A, B 1 1 1 (A) Based solely on the critical path, estimate the probability that the project will be complete within 11 weeks. (Round your answer to four decimal places.) (b) Using all paths through the project network, estimate the probability that the project will be complete within 11 weeks. (Round your answer to four decimal places.)Consider a construction project with the following data on precedence relationships, durations, and costs: Activity Immediate predeccessor (s) Normal Time (days) Normal Cost ($) Crash Time (Days) Crash Cost ($) A - 6 120 4 170 B - 4 120 2 220 C A 3 195 2 270 D A 4 320 2 520 E B, C 7 700 4 1075 F D, E 5 650 2 1100 G E 10 1600 6 2300 F and G are the terminal activities of the project. (a) Find the critical path. (b) Find the project completion time and the corresponding cost. (c) Suppose it is required to complete the project in 22 days. Find which activities to crash and by how much, to yield the minimum project cost. Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.The following precedence diagram reflects three time estimates in weeks for each activity.Determine:a. The expected completion time for each path and its variance.b. The probability that the project will require more than 49 weeks.c. The probability that the project can be completed in 46 weeks or less.
- Development of Version 2.0 of a particularaccounting software product is being considered by JoseNoguera’s technology firm in Baton Rouge. The activitiesnecessary for the completion of this project are listed in thefollowing table: a) What is the project completion date?b) What is the total cost required for completing this projecton normal time?c) If you wish to reduce the time required to complete thisproject by 1 week, which activity should be crashed, andhow much will this increase the total cost?d) What is the maximum time that can be crashed? Howmuch would costs increase?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 weeksThe following information has been computed from aproject:Expected total project time = T = 62 weeksProject variance (s2p ) = 81What is the probability that the project will be completed18 weeks before its expected completion date?
- An IT company must complete a project with the following tasks listed A to G. ACTIVITY NORMAL DURATION (DAYS) CRASHED DURATION (DAYS) NORMAL COST ($) CRASHED COST ($) A 7 5 500 900 B 4 2 400 600 C 5 5 500 500 D 6 4 800 1000 E 7 4 700 1000 F 5 2 800 1400 G 6 4 800 1600 The following are all the paths in the project from start to end and the durations of each: A-B-E-G : 24 days A-C-E-G : 25 days A-C-F-G : 23 days A-D-F-G : 24 days Develop a crashing schedule to show which activities should be crashed to crash the project by 4 days and the lowest cost of doing so.Consider the office renovation project data in Table 7.16. A“zero” time estimate means that the activity could take a verysmall amount of time and should be treated as a numericzero in the analysis.a. Based on the critical path, find the probability ofcompleting the office renovation project by 39 days.b. Find the date by which you would be 90 percent sure ofcompleting the project.Consider a project that has been modeled as in Table 1 Draw the PERT/CPM network for this project and determine the project’s expected completion time µP and its critical path. Suppose the standard deviations of the activity durations are σA = 2, σB = 1, σC = 0, σD = 2, σE = 3, and σF = 0. Then please estimate the standard deviation of the overall project’s standard deviation σP . Suppose for the standard Normal random variable Z, we know P[−1 ≤ Z ≤ +1] ' 68%, P[−2 ≤ Z ≤ +2] ' 95%, and P[−3 ≤ Z ≤ +3] ' 99.7%. Then, approximately what time T is one for which there is only a less than 2.5% chance for the completion time to beat (be shorter than)?
- The project manager of a task force planning the construction of a domed stadium had hopedto be able to complete construction prior to the start of the next college football season. Afterreviewing construction time estimates, it now appears that a certain amount of crashing will beneeded to ensure project completion before the season opener. Given the following time and costestimates, determine a minimum-cost crashing schedule that will shave five weeks off the projectlength. Note: No activity can be crashed more than two weeks.CRASHING COSTS ($000)Activity Immediate Predecessor Normal Time (weeks) First Week Second WeekA — 12 $15 $20B A 14 10 10C — 10 5 5D C 17 20 21E C 18 16 18F C 12 12 15G D 15 24 24H E 8 — —I F 7 30 —J I 12 25 25K B 9 10 10M G 3 — —N H 11 40 —P H, J 8 20 20End K, M, N, PPROJECT PLANNING & SCHEDULING WITH GANNT CHART Given the activities of a project, their time estimates, and their immediatepredecessors shown below:a. Draw the Gannt chart for this project.b. What’s the earliest expected time to finish the project?c. Which activities should not be delayed?d. Which activities can be delayed?e. What’s the maximum amount of time that each of the activities can be delayed without delaying the whole project? Activities Activity Times,months ImmediatePredecessors Maximum Slack,months A 2 - B 3 - C 2 A D 4 B E 4 C F 3 C G 5 D, E H 2 F, GDave 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