) Draw the network diagram for the project and find the normal and minimum project length b) If the project is to be completed in 21 days with minimum crash cost which activities should be crashed to how many days? Please explain how you made the project net
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The required data for a small project consisting of different activities are given below:
a) Draw the network diagram for the project and find the normal and minimum project length
b) If the project is to be completed in 21 days with minimum crash cost which activities should be crashed to how many days?
Please explain how you made the project network.
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- What is the prima ry difference between a time-series model and an associative model?What is the advantages of using predictive analyctics? Explain in 250 words. Say that it improves decision making, making competitive advantage, improves risk management, and others.In the original OJ Simpson trial, it was accepted that OJ had battered his wife. OJ’s lawyer tried to negate the impact of this information by stating that in a one-year period, only 1 out of 2500 battered women are murdered, so the fact that OJ battered his wife does not give much evidence that he was the murderer. The prosecution (foolishly!) let this go unchallenged. Here are the relevant statistics: In a typical year 6.25 million women are battered, 2500 are battered and murdered, and 2250 of the women who were battered and murdered were killed by the batterer. How should the prosecution have refuted the defense’s argument?
- 2 Vidhya Balan is planning to liquidate her investments inmutual funds and invest in real estate. Before makingthe change to her investment strategy, Vidhya wants toforecast the price of mutual funds for the next 2 months.She has collected the following data on the average fundprices for the past 10 months.Month Average Fund Price1 55.12 53.83 53.44 52.955 52.156 52.757 52.658 51.59 52.2510 51.7a Using a five-period moving average, forecast theaverage fund price for Period 11.b. Using exponential smoothing with α = 0.3 forecastthe average fund price for Period 11. Assume an initialforecast for Month 2 (F2) as 55.10In 2020, a manufacturing company instituted a total quality management (TQM) program producingthe comparative report shown below:[LO 17-5]Summary COQ Report(in thousands)2019 2020 % ChangePrevention costs $ 200 $ 300 +50Appraisal costs 210 315 +50Internal failure costs 190 114 −40External failure costs 1,200 621 −48Total COQ $1,800 $1,350 −25On the basis of this report, which one of the following statements is most likely correct?a. An increase in conformance costs resulted in a higher-quality product and, therefore, a decreasein nonconformance costs.b. An increase in inspection costs was solely responsible for the decrease in quality costs.c. Quality costs such as scrap and rework decreased by 48%.d. Quality costs such as returns and repairs under warranty decreased by 40%.e. Nonconformance costs increased by 50% and conformance costs decreased by approximately 47%.Why is it problematic to find the most useful numbers/statistics in football? Select all that apply 1 Football is younger than baseball, so good measures have not been found yet 2 Many football positions are dependent on other players, so it is hard to evaluate their own contribution to the win 3 Football is more complicated than baseball or basketball 4 Football season contains less games than in hockey or basketball; this inexperience leads to inconsistency of measures
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- USING EXCEL SOLVER Check the image for clarification Q&H Company advertises during soap operas and football games. Each soap opera ad costs $75,000, and each football game ad costs $130,000. If S soap opera ads are purchased, they will be seen by 4S^1/2 million men and 22S^1/2 million women. If F football ads are purchased, they will be seen by 28F^1/2 million men and 10F^1/2 million women. The company wants at least 60 million men and at least 50 million women to see its ads. Determine how to minimize Q&H’s cost of reaching the required number of viewers. *Please show the equations in the cells16.6 which type of graph would you recommend to show each of the following? why? A. A comparison of changes in average annual per capita income for the United States and japan from 2000 to 20018. B. The percentage compositiion of average family expenditure patterns, by the major types of expenditures, for families whose heads are under age 35 compared with families whose heads are 55 or older. C. A comparaison of the changes in charitable giving between December 21, 2007 and December 31, 2017.The file P13_27.xlsx contains yearly data on the proportion of Americans under the age of 18 living below the poverty level. a. Create a time series chart of the data. Based on what you see, which of the exponential smoothing models do you think will provide the best forecasting model? Why? b. Use simple exponential smoothing to forecast these data, using a smoothing constant of 0.1. c. Repeat part b, but search for the smoothing constant that makes RMSE as small as possible. Create a chart of the series with the forecasts superimposed from this optimal smoothing constant. Does it make much of an improvement over the model in part b? d. Write a short report to summarize your results. Considering the chart in part c, would you say the forecasts are good?