Operations Management: Sustainability and Supply Chain Management, Student Value Edition (12th Edition)
12th Edition
ISBN: 9780134163512
Author: Jay Heizer, Barry Render, Chuck Munson
Publisher: PEARSON
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Textbook Question
Chapter 3, Problem 16DQ
How is the variance of the total project computed in PERT?
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How is the variance of the total project computed inPERT?
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Considering the Project Details;
1.Construct the Project Network Diagram
2.Find the Expected Duration and Standard Deviation and Variance of each Activity
3.Find the Critical path and Expected Project Completion Time
Chapter 3 Solutions
Operations Management: Sustainability and Supply Chain Management, Student Value Edition (12th Edition)
Ch. 3 - Give an example of a situation in which project...Ch. 3 - Explain the purpose of project organization.Ch. 3 - What are the three phases involved in the...Ch. 3 - What are some of the questions that can be...Ch. 3 - Define work breakdown structure. How is it used?Ch. 3 - What is the use of Gantt charts in project...Ch. 3 - What is the difference between an...Ch. 3 - What is the significance of the critical path?Ch. 3 - What would a project manager have to do to crash...Ch. 3 - Describe how expected activity times and variances...
Ch. 3 - Define earliest start, earliest Finish, latest...Ch. 3 - Students are sometimes confused by the concept of...Ch. 3 - What are dummy activities? Why are they used in...Ch. 3 - What are the three time estimates used with PERT?Ch. 3 - Would a project manager ever consider crashing a...Ch. 3 - How is the variance of the total project computed...Ch. 3 - Describe the meaning of slack, and discuss how it...Ch. 3 - How can we determine the probability that a...Ch. 3 - Name some of the widely used project management...Ch. 3 - Prob. 20DQCh. 3 - The work breakdown structure (WBS) for building a...Ch. 3 - Prob. 2PCh. 3 - 3.8 The City Commission of Nashville has decided...Ch. 3 - Refer to the table in Problem 3.8. a. Draw the AON...Ch. 3 - Draw the activity-on-node (AON) project network...Ch. 3 - Given the activities whose sequence is described...Ch. 3 - 3.5 Using AOA, diagram the network described below...Ch. 3 - Prob. 8PCh. 3 - Task time estimates for the modification of an...Ch. 3 - The activities described by the following table...Ch. 3 - The following is a table of activities associated...Ch. 3 - The activities needed to build a prototype laser...Ch. 3 - Dave Fletcher (see Problem 3.10) was able to...Ch. 3 - Prob. 16PCh. 3 - Prob. 17PCh. 3 - A renovation of the gift shop at Orlando Amway...Ch. 3 - Kelle Carpet and Trim installs carpet in...Ch. 3 - The estimated times and immediate predecessors for...Ch. 3 - Rich Cole Control Devices, Inc., produces...Ch. 3 - Four Squares Productions, a firm hired to...Ch. 3 - Using PERT, Adam Munson was able to determine that...Ch. 3 - Assume that the activities in Problem 3.15 have...Ch. 3 - What is the minimum cost of crashing the following...Ch. 3 - Three activities are candidates for crashing on a...Ch. 3 - Development of Version 2.0 of a particular...Ch. 3 - Prob. 32PCh. 3 - TABLE 3.6 Southwestern University Project 1....Ch. 3 - TABLE 3.6 Southwestern University Project 2 What...Ch. 3 - TABLE 3.6 Southwestern University Project 3. If it...Ch. 3 - Project Management at Arnold Palmer Hospital Video...Ch. 3 - The equivalent of a new kindergarten class is born...Ch. 3 - The equivalent of a new kindergarten class is born...Ch. 3 - The equivalent of a new kindergarten class is born...Ch. 3 - At the Hard Rock Cafe, like many organizations,...Ch. 3 - At the Hard Rock Cafe, like many organizations,...Ch. 3 - At the Hard Rock Cafe, like many organizations,...Ch. 3 - At the Hard Rock Cafe, like many organizations,...
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Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, operations-management and related others by exploring similar questions and additional content below.Similar questions
- The expected time and variances for the major activities of an R&D project are depicted in the following PERT chart. Determine the probability that the project completion time will be: A. Less than 50 weeks B. More than 50 weeksarrow_forward- Draw the project network diagram. - What completion date would you recommend?arrow_forwardWhat is the importance of variance analysis to project managers? Give 2 examples.arrow_forward
- Given the following table, construct a network diagram, either AOA or AON. Times are in days.a. Determine the expected duration of the project.b. Compute the probability that the project will take at least 18 days.Path Activity Time EstimatesA 4-5-6Top B 7-8-10C 3-5-9D 7-8-11Bottom E 2-3-4F 1-4-6arrow_forwardDetermine the probability that the project will take less than 42 weeks.arrow_forwarda) Determine the expected completion time and variance for each activity. b) Determine the total project completion time and the critical path for the project. c) Determine ES, EF, LS, LF, and slack for each activity. d) What is the probability that Kelle Carpet and Trim will finish the project in 40 days or less?arrow_forward
- What are the primary components of process planning in project management, and how do they contribute to the successful execution of a project?arrow_forward2) Following is a table listing the project activities, sequencing requirements and other relevant information: Expected Time Direct Cost Activity Preceded By Regular Crash Regular Crash A -- 6 days 2 day $2000 $3800 B -- 12 6 2000 10000 C A 4 2 1000 4000 D B, C 10 6 3400 4600 E D 8 6 2800 3900 F E 6 2 5000 7600 G B, C 18 8 16000 19600 H F, G 6 4 2000 4000 (a) Construct a network including the Early and Late Start and Finish times. (b) Identify the normal Critical Path(s) and the normal expected completion time (c) Can the project be crashed to last 18 days? Which activities should be crashed and at what additional cost?arrow_forward(2) Following is a table listing the project activities, sequencing requirements and other relevant information: Expected Time Direct Cost Activity Preceded By Regular Crash Regular Crash A -- 6 days 2 days $2000 $3800 B -- 12 6 2000 10000 C A 4 2 1000 4000 D B,C 10 6 3400 4600 E D 8 6 2800 3900 F E 6 2 5000 7600 G B, C 18 8 16000 19600 H F, G 6 4 2000 4000 Construct a network including the early and late start and finish times. Identify the normal critical path (s) and the normal expected completion time. Can the project be crushed to last 18 days? Which activities should be crushed and what additional cost?arrow_forward
- PERT-CPMYu and Mi Company is planning to computerize its accounting system. Its IT consultant has determined thefollowing activities required to complete this project together with the time estimates and precedence relationships. a. Determine the expected project completion time and the variance.b. What is the project’s critical path?c. Determine the probability that the project will be completed in 40 weeks or less.arrow_forward1. CREATE THE NETWORK DIAGRAM USING AON 2. DETERMINE THE NETWORK PATHS 3. DETERMINE THE CRITICAL PATH AND ITS DURATION 4. CREATE A GANTT CHART STARTING JANUARY 1, 2021. NO DAY-OFFS 5. WHEN WILL THE PROJECT BE COMPLETED?arrow_forwardThe following six activities constitute an overall bar chart portrayal of 4-month project. Two months after the start of construction, Activities A, C, D half of E, and one-fourth of B were completed, for a cost of $10,500. Evaluate the status of the project. Using earned value concepts, determine the schedule variance and the cost variance. State if the project is over or under budget and if it is ahead of or behind schedule.arrow_forward
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