The following table contains information related to the car problems of 2 SUV being maintained in Toyota. Activity Immediate Time (days) Total Cost Maximum Crash cost per day Predecessor Normal Crash Normal Crash Reduction in Duration time A 4 P1,500 P2000 В A 1000 1400 C 8 4 1600 2200 C 4 2 900 1150 E В, D 3 1 800 1300 What is the expected project duration?
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A: Crash cost per day = (Crash cost - Normal cost) / (Normal time - crash cost)
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A: Critical path activity-
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Q: snip
A: Note: Since you have posted a question with multiple sub-parts, we will solve the first three…
Q: 2. As project manager, you need to reduce the project duration as requested by the client. To make…
A: Given data is
Q: 9.A Sample of EARNED VALUE ANALYSIS The following project is at the end of its 5 week.Find the cost…
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A:
Q: 5) Draw the Network and do the analysis Using the information in Table 1, assuming that the project…
A: Note: - Since we can answer only up to 3 subparts, we will answer sub part i, ii, and iii for…
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A: Project management: Project management is defined as it is a structured process of…
Q: Solve the following project by hand and submit your notes: Activity Normal Time (weeks) Crash…
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Q: Subject: Critical Path Method as a Project Management Technique Please answer the following…
A: Given data is
Q: Q1: For the project listed below, find the following items: 1- Total project finishing time 2-…
A: A critical path indicating the longest duration path which representing minimum time required to…
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A: Note: - Since the exact question to be answered is not specified, we will answer the first question…
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A: The answer is as below:
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Q: The diagram below was developed for the project launch of Kitty Condo, a new product in the luxury…
A: Project paths Normal duration A-D-G 29 A-E-H 31 B-F-H 27 C-I-H 25 Critical…
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A:
Q: Activity Predecessor Duration A. 5 A 12 20 15 B 15 F D, E 10 G F 18 F 12 G,H 8. A,
A: A network diagram visually presents the activities, along with their order and duration, that must…
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A: Given details: Let's consider the amount in hundreds to make the calculation easier.
Q: Given the project information in the following table, what is the probability of completing the…
A: THE ANSWER IS AS BELOW:
Q: Ql: For activitics shown in table below, find the new time of project after updating, if the project…
A: ANSWER IS AS BELOW:
Q: The diagram in Figure was developed for the project launch of Kitty Condo, a new product in the…
A:
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Q: The following activities represent a small project to be constructed Normal Duration Previous (…
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A:
Q: The production line project consists of nine major activities. Activity B D E Immediate Predecessor…
A: 1. During forward pass in case of more than two preceding activities the early start will be…
Q: 3. Draw a project network from the following information. What activity(s) is a burst activity? What…
A: A network diagram is the graphical representation of project activities or tasks and their duration…
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A: Given Information:
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Q: Ql: For activities shown in table below, find the new time of pro project manager decided to update…
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Q: 2. Assume the following project data given in Table 2. It is required to crash the project duration…
A: Hi, We are supposed to answer three subparts at a time. Since you have not mentioned which subpart…
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A: a) The network diagram is as follows: The critical path is: B-F-H The project completion time is 24…
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A: 1. Activity Immediate Predecessors Duration A - 7 B A 9 C A , B 5 D C 17 E C 12 F C 7…
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A: Since we only answer up to 3 sub-parts, we'll answer the first 3. Please resubmit the question and…
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A: Using Forward Path, find Early Start of the activity = Early Finish of predecessor activity Early…
Q: The following project has a critical path of ACD with an expected duration of 10 weeks and a…
A: Activity Predecessors Mean cost Std. Dev A None 5 2 B A 4 1.5 C A 7 2.75 D B, C 2 0.5
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- A project that you are managing is into six months of its accomplishment andthe planned duration is also six months. You are now reviewing the projectstatus. The actual cost of Activity A and B are RM 200,000 and RM 100,000respectively. The planned value for Activity A and B are RM 180,000 and RM80,000 respectively. The Activity A is 100% complete whereas Activity B isonly 75% complete. (a) Formulate the problem to determine whether the project is on-time and on-budget after six months using the Earned Value Analysis (EVA) method. (b) Generate the expected “cost at complete” and “time at complete” to finishthe project at this pace. (c) Present two initiatives to be undertaken by the project manager to improvethe situation based on Q4(b).A consulting firm has four projects to consider. Each project will require time (in days) in the next three months according to the table below. Project Time in first month Time in second month Time in third month Revenue A 6 8 6 22000 B 5 6 8 18000 C 8 7 6 16000 D 5 5 4 15000 Revenue from each project is also shown. There is 20 days’ time available in the first month, 22 days’ time available in the second month, and 22 days’ time available in the third month to do these projects. The management wants to select at most 3 projects. If project B is selected, then project C must also be selected. The objective of the firm is to maximize the total revenue. Formulate an integer optimization model for this problem by defining the decision variables, the objective function and all the constraints.…Consider a small Oil production firm with 5 competing oil production projects, A - E. The table below shows the estimated long-term profit (Net Present Value) for each project as well as the amount of investment capital required to start the project. You have been contacted to help select the best combination of projects to maximize the Net Present Value subject to the capital investment limit of $32 million. Production Project A B C D E Estimated Profit (millions) 25 20 19 28 21 Capital Required (millions) 11 8 14 19 13 Formulate a Binary Integer Programming (BIP) model on a spreadsheet. Solver the model using Solver.
- The Advanced Tech Company has a project to design an integrated information data base for a major bank. Data for the project are given in the following table. Indirect project costs amount to $250 per day. The company will incur a $200 per day penalty for each day the project lasts beyond day 12. Activity Normal Time (days) Normal Cost ($) Crash Time (days) Crash Cost ($) Immediate Predecessor(s) A 5 800 4 1,000 − B 5 1,100 2 2,900 − C 2 600 1 900 A, B D 3 1,200 2 2,000 B E 3 1,500 2 1,700 C, D F 2 1,300 1 1,400 E G 3 900 3 900 E H 5 500 2 800 G a. What is the project's duration if only normal times are used? The project duration is nothing day(s). (Enter your response as an integer.)…Fowle Marketing Research, Inc. is faced with the problem of assigning three available project leaders (agents) to each of three new research studies (tasks). Fowle’s management realizes, however, that the time required to complete each study will depend on the experience and ability of the project leader assigned to the study. Since the three studies have been judged to have approximately the same priority, the company would like to determine the assignments that will minimize the total number of days required to complete all three. If a project leader is to be assigned to one and only one client, what assignments should be made (optimal solutions)? How many days are required (objective function value).With three project leaders and three clients, there are total of nine possible assignment alternatives. The alternatives and the estimated project completion times in days are summarized in Table Client Project Leader 1 2…What is true about the assignment problem if the solution has reached the table below? Project A Project B Project C Project D Expert W 0 100 200 0 Expert X 0 0 200 300 Expert Y 0 100 300 0 Expert Z 200 100 0 0 a. The minimum number of vertical and horizontal lines needed to cross out 0s is three. b. Optimal assignment of projects cannot be determined yet. c. Optimal assignment of projects can now be determined.
- Finco has the following investments available:Investment A For each dollar invested at time 0, we receive $0.10 at time 1 and $1.30 at time 2. (Time 0 =now;time= 1 one year from now; and so on.)Investment B For each dollar invested at time 1, we receive $1.60 at time 2.Investment C For each dollar invested at time 2, we receive $1.20 at time 3.At any time, leftover cash may be invested in T-bills, whichpay 10% per year. At time 0, we have $100. At most, $50can be invested in each of investments A, B, and C. Formulate an LP that can be used to maximize Finco’s cash onhand at time 3.Net Present Value Perform a financial analysis for a project using the Net Present Value method. Assume the projected costs and benefits for this project are spread over four years as follows: Estimated costs are $200,000 in Year 1 and $30,000 each year in Years 2, 3, and 4. Estimated benefits are $0 in Year 1 and $100,000 each year in Years 2, 3, and 4. (1) Use a 9 percent discount rate and round the discount factors to two decimal places. Calculate the NPV and the year in which payback occurs.(2) Explain in plain language what the NPV means in this context.The project manager is tasked with the responsibility of balancing project constraints to increase the probability of project success, and ensure that the project meets its objectives. In this discussion forum: Identify and explain at least five (5) project constraints, and explain the working of the triple constraint model of project management.
- A project director runs a staff consisting of 6 scientists and 3 lab technicians. Three new projects have to be worked on and the director decides to assign 4 of her staff to the first project, 3 to the second, and 2 to the third. In how many ways can this be accomplished if each project requires 1 lab technician?Two law students, John and Marsha, are planning an all-nighter to prepare for theirlaw boards the following day. Between them they have one set of materials in thefollowing five subjects: contracts, torts, civil law, corporate law, and patents.Based on their previous experience, they estimate that they will need the following amount of time (in hours) with each set of materials:Contracts Torts Civil Corporate PatentsJohn 1.2 2.2 0.7 0.5 1.5Marsha 1.8 0.8 3.1 1.1 2.3They agree that Marsha will get the opportunity to see each set of notes beforeJohn. Assume that they start their studying at 8:00 P.M. Determine the exact timesthat each will begin and end studying each subject in order to minimize the totaltime required for both to complete studying all five subjectsThe Lotus Point Condo Project will contain both homes and apartments. The site can accommodate up to 10,000 dwelling units. The project must contain a recreation project: either a swimming-tennis complex or a sailboat marina, but not both. If a marina is built, then the number of homes in the project must be at least triple the number of apartments in the project. A marina will cost $1.2 million, and a swimming-tennis complex will cost $2.8 million. The developers believe that each apartment will yield revenues with a net present value of $48,000, and each home will yield revenues with a net present value of $46,000. Each home (or apartment) costs $40,000 to build. Formulate an integer program to help Lotus Point maximize profits.