Concept explainers
A.
Interpretation: A network diagram representing the activities of the project is to be constructed.
Concept Introduction: Network diagram is a graphical representation of tasks and events happening in a project. It depicts the work flow and is used to compute the total duration of the project.
B.
Interpretation: The critical path is to be identified by computing the earliest and the latest start and finish times.
Concept Introduction: Network diagram is a graphical representation of tasks and events happening in a project. It depicts the work flow and is used to compute the total duration of the project.
C.
Interpretation: The optimal solution for the project is to be determined by expediting the project one day at a time. The duration, cost and savings of the optimal solution are to be computed.
Concept Introduction: Network diagram is a graphical representation of tasks and events happening in a project. It depicts the work flow and is used to compute the total duration of the project.
D.
Interpretation: The optimal solution for the problem is to be determined using linear programming.
Concept Introduction: Linear programming is a mathematical technique used to achieve the best outcome, given a list of parameters usually restrictions on the resources.
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Production and Operations Analysis, Seventh Edition
- Consider a project that has been modeled as in the table below: a. Draw the PERT/CPM network for this project and determine the project’sexpected completion time μP and its critical path. b. Suppose the standard deviations of the activity durations are σA = 2,σB = 1, σC = 0, σD = 2, σE = 3, and σF = 0. Then please estimate the standarddeviation of the overall project’s standard deviation σP . c. Suppose for the standard Normal random variable Z, we know P[−1 ≤Z ≤ +1] ' 68%, P[−2 ≤ Z ≤ +2] ' 95%, and P[−3 ≤ Z ≤ +3] ' 99.7%. Then,approximately what time T is one for which there is only a less than 2.5% chance forthe completion time to beat (be shorter than)? *Please solve a-c and neatly write or type your answers, showing your steps, NO EXCEL*arrow_forwardRedman Finance Services Inc. is interested to offer shared service expense reporting and processing services to a large multinational organization using an IaaS-SaaS-PaaS Model. Should the offer be accepted, following are the key activities to implement the project. What is the minimum number of weeks required for completing the project? What is the latest possible week that activity C may be started without delaying completion of the project? What is the computed slack time for activity D? Determine the latest finish time for activity E. Determine the latest time activity A can be started without delaying the project completion.arrow_forwardA project consists of the activities in the following list. Times are given in weeks. Activity Preceding Time A -- 8 B -- 4 C A, B 7 D A, B 3 E C, D 5 F C, D 6 G E, F 4 Draw the project network diagram. Calculate each activity's ES, EF, LS, LF, and Slack using the project activity nodes on the project network diagram. What is the project completion time? Identify the critical patharrow_forward
- Suppose you are the project manager for the following project: First, draw a network diagram for the project. Determine the critical path and slack times for all of the tasks. This completes your plan for the project schedule. During project execution, you become aware of the need to change the duration of Task 4 to five days. Meanwhile, Task 3 has been finished one day early, so it only took one day to do. What, if any, effects do these changes have on your project? What would have happened if you had not been monitoring the status of the project?arrow_forwardConsider the following project network. Assume that the time required (in weeks) for each activity is a predictable constant and that it is given by the number along the corresponding branch. Find the earliest time, latest time, and slack for each event. Also identify the critical path Use PERT and CPM Provide table for ACTIVITY, IMMEDIATE PREDECESSOR, DURATION, , TOTAL FLOAT, FREE FLOATarrow_forwardYou have to manage a project with activities and their respective durations as listed in the table below. Draw a network diagram, Calculate the forward, backward pass, total slack, free slack and identify the critical path.arrow_forward
- The table below contains the activities, their normal and crash time, and cost along with predecessor activity. Crash this project up to 5 weeks (in the optimum way) step by step.arrow_forwardGiven the following network and activity time estimates, determine: The expected time and variance for each activity The critical path. This must be based on your calculations of the start and finish times and not by inspection. The expected project completion time, variance and standard deviationarrow_forwardThe estimated times and immediate predecessors for the activities in a project a t George Kyparis's retinal scanning company are given in the following table. Assume that the activitytimes are independent. a) Calculate the expected time and variance for each activity.b) What is the expected completion time of the critical path?What is the expected completion time of the other path in the network?c) What is the variance of the critical path? Wha t is the variance of the other path in the network?d) If the time to complete path A-C is normally distributed, what is the probability that this path will be fini shed in 22 weeks or less?e) If the time to complete path B- D is normally distributed, what is the probability that this path will be finished in 22 weeks or less?f) Explain why the probability that the critical path will be finished in 22 weeks or…arrow_forward
- Consider the following table of activities A through E in which A is the start node and E is the stop node. Assume all activities require the same resource. On a piece of scratch paper, draw the early-start Gantt Chart associated with this table and determine the following. Assume the project is resource-constrained but not time-constrained. Assume only one resource is available and that resource can only do one activity at a time. Activities B, C and D all have the same early start date (time). Since there is only one resource, only one of the activities B, C, D can be started on the early start date. Which should be started first?arrow_forwardUse the Program Evaluation and Review Technique to represent the project in an activity network. In conjunction with the Critical Path Method, use the activity network to find the shortest time possible to complete the project, to identify the critical jobs in the project, and to determine the earliest and latest that each activity can start and finish without making the project completion longer.a=1, b=1, c=6, d=5, e=2, f=5; andab=1x1=1, bc=1x6=6, cd=6x5=30, de=5x2=10, ef=2x5=10, af=1x5=5.arrow_forwardA plumber has decided to use the techniques of project management in order to plan a job. He knew all the different activities of the job, their precedence and their average durations. They are shown on the table below.ActivityDuration (days)Preceding activitiesA3NoneB3NoneC4AD9AE4B and CRequired:1. Draw a network diagram representing the sequence of activities and the dependence between them.2. Determine how long it will take to complete the job by conducting the forward pass3. By conducting the backward pass, identify the critical path and the non-critical path(s).Note:The work for this task should be produced using Word drawing facilities. The forward and backward passes should be clearly shown on the diagram. The calculations should be shown next to the network diagram.arrow_forward
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