The production line project consists of nine major activities.ActivityAD.G.HImmediate PredecessorA. BA. BCD D.FB.E.G. HThe activities and their immediate predecessors are shown. Assume that the activity timeestimates (in days)ActivityOptimisticMost ProbablePessimistic6.6.2.4.51024.26.3G8.10103.4.5a. What is the expected time to complete the project?b. What is the probability that the project can be completed in 28 days?

1. During forward pass in case of more than two preceding activities the early start will be…

Answered: The production line project consists of…

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...

See similar textbooks

Similar questions

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?
Dave is the project manager for a construction project that is building agazebo. When the project first started, he met with the stakeholders to definethe scope. The sponsors mentioned that the gazebo is a really important partof their daughter’s wedding ceremony that was planned for 7 months fromthen. In fact, they said that if the gazebo couldn’t be completed in 7 months, itwouldn’t be worth it for them to even start the project. Dave wrote down the7-month deadline to put in his Project Scope Statement. In which section ofthe document did the deadline appear?”A. Project ConstraintsB. Project DeliverablesC. Project ObjectivesD. Project Assumptions Which of the following is a “hygiene factor” under Herzberg’s Motivation-Hygiene Theory?A. Recognition for excellent workB. Self-actualizationC. Clean clothingD. Good relations with coworkers and managers
Development of Version 2.0 of a particular accountingsoftware product is being considered by Jose Noguera'stechnology firm in Baton Rouge. The activities necessary for thecompletion of this project are listed in the following table: a) What is the project completion date?b) What is the total cost required for completing this project on normal time? c) If you wish to reduce the time required to complete this projectby I week, which activity should be crashed, and how much will this increase the total cost?d) What is the maximum time that can be crashed? How much would costs increase?
PROJECT PLANNING & SCHEDULING WITH GANNT CHART Given the activities of a project, their time estimates, and their immediatepredecessors shown below:a. Which activities should not be delayed?b. Which activities can be delayed?c. 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, G
Using a suitable example each, describe what the following project planning process activities involve: a. Establish project objective; b. Define scope; c. Create a Work Breakdown Structure (WBS); d. Estimate activity durations; e. Sequencing activities.
The following represents a very simple project. The calendar allows for 5 work days (M-F) per week. To keep things simple we won’t separate capital expenses and labour. The cost per activity shown below is total (i.e. not per day). Activity Duration (days) Precedent Cost A 5 None* $500 B 7 None* $1000 C 3 A , B $400 D 4 C** $500 E 6 C** $800 * Except for ‘Start’ ** The project can only be signed off once D and E have been completed. Enter the data into a software tool such as GanttProject, and generate the Gantt chart. Please ensure that: 1.…
A student has been put in charge of a new garden design. The new design will involve five different activities. Per project management guideline, activities “a” and “b” start on day 0. Draw the network diagram. Calculate ES/EF/LS/LF and Slack for all activities. Activity A: Immediate Predecessprs (-) Duration days (3) Activity B: Immediate Predecessprs (-) Duration days(5) Activity C: Immediate Predecessprs (a) Duration days(3) Activity D: Immediate Predecessprs (b) Duration days(7) Activity E: Immediate Predecessprs (C,D) Duration days(3)
The Advanced Tech Company has a project to design anintegrated information database for a major bank. Datafor the project are given in Table 7.6. Indirect project costsamount to $300 per day. The company will incur a $150 perday penalty for each day the project lasts beyond day 14.a. What is the project’s duration if only normal times are used?b. What is the minimum-cost schedule?c. What is the critical path for the minimum-cost schedule?
Ans c. The earliest starting time for activity H is 15 days Ans d. The latest start time for activity J is 25 days. Ans e. The critical path is A-B-H-I-L-M with the minimum duration of the project as 28 days This is a follow up question please do f and g
You have collected the data for a Time-Cost CPM Scheduling model analysis. The time is in days and the project "direct costs" are given below. Immediate Normal Crash Normal Crash Activity Predecessor Time Time Cost (Direct) Cost (Direct) A None 3 2 $300 $408 B A 3 3 $100 $100 C A 1 1 $200 $200 D B and C 3 2 $400 $550 E D 2 1 $500 $900 F E 3 3 $200 $200 G F 2 2 $200 $200 The indirect costs for the project are determined on a daily duration basis. If the project lasts 16 days the total indirect costs are $408, 15 days they will be $350, 14 days they will be $200, and 13 days they will be $100. If you crash this project by one day what is the total (i.e., direct and indirect) project cost?
Identify the order in which a Project manager does his job a. Planning, Organizing, Controlling b. Planning, Scheduling, Controlling c. Planning, Leading, Controlling
a. What is the project's duration if only normal times are used? b. What is the minimum-cost schedule? With the minimum-cost schedule, the project duration is ____day(s).?

SEE MORE QUESTIONS

Recommended textbooks for you

Practical Management Science

Operations Management

ISBN:

9781337406659

Author:

WINSTON, Wayne L.

Publisher:

Cengage,

Operations Management

ISBN:

9781259667473

Author:

William J Stevenson

Publisher:

McGraw-Hill Education

Operations and Supply Chain Management (Mcgraw-hi…

Operations Management

ISBN:

9781259666100

Author:

F. Robert Jacobs, Richard B Chase

Publisher:

McGraw-Hill Education

Practical Management Science

Operations Management

ISBN:

9781337406659

Author:

WINSTON, Wayne L.

Publisher:

Cengage,

Operations Management

ISBN:

9781259667473

Author:

William J Stevenson

Publisher:

McGraw-Hill Education

Operations and Supply Chain Management (Mcgraw-hi…

Operations Management

ISBN:

9781259666100

Author:

F. Robert Jacobs, Richard B Chase

Publisher:

McGraw-Hill Education

Business in Action

Operations Management

ISBN:

9780135198100

Author:

BOVEE

Publisher:

PEARSON CO

Purchasing and Supply Chain Management

Operations Management

ISBN:

9781285869681

Author:

Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson

Publisher:

Cengage Learning

Production and Operations Analysis, Seventh Editi…

Operations Management

ISBN:

9781478623069

Author:

Steven Nahmias, Tava Lennon Olsen

Publisher:

Waveland Press, Inc.

SEE MORE TEXTBOOKS