The critical path method is a. capital oriented b. personnel oriented c. activity oriented d. resource oriented
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The critical path method is
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- I hope the solution is step by step and clearly, and its graph is clear. The subject is operations researchA steel workshop PT BESI KUAT wants to improve its productivity to make hookssmall iron by changing the layout of the workshop in the form of a workstation. The repair shop hasmake observations of the activities of workers in the workshop and arrange these activitiesin tabular form below Activity Duration ( Sec) predessor A 17 None B 15 A C 18 B D 8 B E 12 B F 6 C,D,E G 14 F The workshop aims to produce 225 small metal hooks for 2 hours. Based on this information, please answer the questions below. i. Sketch a precedence diagram of the above activityii. Calculate the cycle time and the minimum number of workstations that must be builtiii. Make a grouping of these workstationsiv. Calculate the efficiency of the work with the workstationn additional equipment (AE) costing$3,500,000 will be needed at the end of year 3. At the end of seven(7) years, the original equipment, IE, will have no resale value butthe supplementary equipment, AE, can be sold for $50,000. A workingcapital of $1,350,000 will be needed.The project is forecast to generate sales of agri-products over theseven years as follows:Year 1 70,000 unitsYear 2 100,000 unitsYears 3-5 250,000 unitsYears 6-7 325,000 unitsA sale price of $150 per unit for the first two years is expected andthen decline to $90 per unit thereafter as the newness of the productloses some sheen. The variable expenses will amount to 30% of salesrevenue. Fixed cash operating expenses will amount to $1,100,000 peryear.The company falls in the 25% tax category for ordinary income and 40%tax category for capital gain.The initial equipment is depreciated as per the 7-year MACRS systemand the additional equipment is depreciated on a straight-line basis.In the event of a negative taxable…
- hwo to do a detail SWOT analysis for a jerk sauce manufacturing company in Jamaica that wants to enter the Canada market .If objectives are thought of as statements of where one wants to go, then a(n) ________ plan is a map that tells them how to get there. a. operational b. strategic c. contingency d. action QUESTION 7 A(n) ________ is defined as a plan for spending money. a. budget b. contingency plan c. schedule d. action planWhat is the idea behind Sequential Quadratic Programming and in the context of what approach for planning with dynamics is it used and why?
- Briefly describe the planning techniques listed as follows, and give an advantage and disadvantagefor each:a. SpreadsheetJerry Lee loves sports. He has just finished up a degree in sports marketing at Sunway University in Kuala Lumpur and to his great pleasure, he is in the first month of his dream job, a sales person (the title is account manager) for small- and medium-sized accounts for the Harimau Sports Malaysia (his favourite football team). In general, he will be responsible for developing new customer relationships with companies in Kuala Lumpur and the surrounding area, as well as working on enhancing relationships with firms that are already loyal customers of the Harimau. His “product” is blocks of seats, special boxes and events at historic Shah Alam National Sports Complex, as well as Harimau promotions that can be held at various places of businesses as a marketing campaign for the customer’s business.The problem (actually its more of an opportunity) is this is a brand new position. Over the years the team has had a major account position, similar to the one Jerry now has, but more focused…Please complete all work in excel. Use excel to make any necessary calculations and be sure to identify the answer, including units (if necessary). The Pyrotec Company produces three small kitchen appliances – waffle makers, egg cookers, and toasters. The three products have the following requirements: Resource Requirements Metal Materials/unit Plastic Materials /unit Labor hours/unit Waffle maker 3.1 lb 0.5 lb .7 Egg cooker 1.5 lb 0.7 lb 1 Toaster 2.0 lb 0.3 lb .5 Resource costs are $3 per pound of metal, $2.90 per pound of plastic and $10.00 per hour for labor. Available resources are 200 pounds of metal, 250 pounds of plastic and 350 hours of labor. Based on market research, the company expects the maximum demand for waffle makers is 50 and for egg cookers is 75. The company has a contract to supply 25 toasters to a local department store. Waffle makers will be sold for 24.99, egg cookers will be sold for 19.99 and…
- Amanufacturer is designing a product layout for a new product production. It plans to use a production line for 8 hours per day in order to meet forecasted demand of 150 units per dayThe product requires 7 tasks in total. These tasks are namely, ABC, DE, Fand GrespectivelyTask A does not have any predecessor to start. To start Task B, it requires Task A to be completedStarting tasks C needs, the task B to be completed. Also starting task D needed task B to be completed. Task E can only start upon completion of Task C. Whereas starting task F needs the completion of both the tasks and E. Finally, starting task G needed, task F to be completed. The processing times for tasks, AB 3, C, D, E, F , and Gare are2.4,2.2,0.9, . 10.12. 1.8. are 1.5 minutes respectively. What should be the cycle time in minutes? .4.80 O2.67. c 4.56 d is the correct answer e3.20The table below contains information about an environmental clean-up project in the township of Hiles. Shorten the project threethree weeks by finding the minimum-cost schedule. Assume that project indirect costs and penalty costs are negligible. Identify activities to crash while minimizing the additional crash costs. Activity Normal Time (weekweeks) Crash Time (weekweeks) Cost to Crash ($ per weekweek) Immediate Predecessor(s) A 55 44 300300 None B 77 44 5050 None C 77 66 300300 A D 77 66 250250 A E 11 11 long dash— B F 33 33 long dash— C, D G 55 44 200200 D, E H 44 22 200200 F I 22 22 long dash— G Part 2 Fill in the table below with the activity times after crashing to show the resulting schedule. (Enter your responses as…Sandals Resorts International is planning to build a new family resort in Kingston, Jamaica. Thefollowing schedule of activities is required for the completion of this resort.ACTIVITY PREDECESSOR OPTIMISTIC MOST LIKELY PESSIMISTIC A ---- 3 4 5 B A 2 3 4 C A 4 5 6 D B 4 4 4 E B 2 5 6 F C, D, E 2 4 5 G…