Answered: Ken Johnston, the data processing…

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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Question

Ken Johnston, the data processing manager for Stanley Morgan Bank, is planning a project to install a new management information system. He is ready to start the project, and wishes to finish in 20 weeks. After identifying the 14 separate activities needed to carry out this project, as well as their precedence relationships and estimated durations (in weeks), Ken has constructed the following project network: 1. Create the network diagram for the project highlighting the critical path. 2. Identify the tasks in the critical path. 3. Find the earliest start and earliest finish, latest start, latest finish, and slack for each activity. Will Ken be able to meet his deadline if no delays occur? 4. Use the information generated to determine the following: a. What would be the duration of the project if Activity-I takes 2 extra weeks? b. What would be the duration of the project if Activity-H takes 2 extra weeks? c. What would be the duration of the project if Activity-J takes 2 extra weeks?