Operations Management: Processes and Supply Chains, Student Value Edition Plus MyLab Operations Management with Pearson eText -- Access Card Package (12th Edition)
Operations Management: Processes and Supply Chains, Student Value Edition Plus MyLab Operations Management with Pearson eText -- Access Card Package (12th Edition)
12th Edition
ISBN: 9780134855424
Author: Lee J. Krajewski, Manoj K. Malhotra, Larry P. Ritzman
Publisher: PEARSON
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Chapter 7, Problem 18P

A

Summary Introduction

Interpretation: The critical path and expected time to complete the project are to be determined.

Concept Introduction: Critical path refers to set of network activities sequence in the project needed to operate the project in least possible time.

B

Summary Introduction

Interpretation: Total project cost from day 1 till the completion of the project needs to be plotted. Implications of the time differential on the cash flows and project scheduling need to be determined.

Concept Introduction: The earliest start times refers to earliest time the activity of a scheduled project may begin equalizing earliest times of completing all its predecessor activities and latest start times used in PERT analysis describing a portion of the project must be started so that project finish time cannot be delayed.

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A project is scheduled to complete in six months duration. There are two activities in the project. The actual cost of Activity 1 is SAR 300,000 and that of Activity 2  is SAR 200,000. The planned value of these activities is SAR 280,000 and 150,000 respectively. On reviewing, the current project status is Activity 1 is 100% completed and Activity 2 is only 75% completed. (i) Perform the earned value calculations of the above project scenario and fill the given table. Activity Month 1 Earned Value   Planned Value   Actual Cost   Cost Variance   Scheduled Variance   Cost performance Index   Schedule performance Index    (ii) What do you infer about the project schedule and cost based on your calculations?
What is 1 Project scope, 2 stakeholders, 3goals, budget, 4plan, 5deliverables 6duration. 7constraints, 8risks, 9 Gantt chart.   for project  Metro Transit App This app will help its users to buy their tickets online based on their destinations. It will help the users to organize their daily trips and which bus or train they should take, and day and time of each trip leg. The detailed requirements are not fully specified at this point of time.
Use the following network and the data to perform the following: a) Prepare the manpower loaded Gantt chart with total floats of this project using early start and late times. Plot the manpower resource profile that shows the total number of laborers per day over the course of the project. Prepare the Gantt chart and the resource profile using the early start and finish dates of activities (not necessary to produce the late start and finish charts). b) Level the manpower resource given the constraint that the owner has only 14 workers to allocate to this project per day.   Please try to do in excel. Thannks

Chapter 7 Solutions

Operations Management: Processes and Supply Chains, Student Value Edition Plus MyLab Operations Management with Pearson eText -- Access Card Package (12th Edition)

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