Draw the following Network Diagram:
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MC 2.
Quantitative Methods in Management
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- Based on the table, redraw critical path of the network by clearly indicating the activities involved.Prepare Arrow network for the data given below. (AOA) Also write down notations of all the activities on arrow network. Activity IPA A - B - C A D A,B E C,DUsing AOA, diagram the network described belowfor Lillian Fok's construction project. Calculate its cr itical pathand project completion time.
- The sigma chemical Co is planning to develop a new chemical process. They have identify the following activities.A. Test method 1 for the processB. Test method 2 for the processC. Select the best method and refine the problemD. Complete initial preparation of product facilitiesE. Train personnelF. Develop final procedures manualG. Run tests on the refined processH. Adjust the production processI. Set up complete production system J. Run final tests Requirements: 1. Draw the network path 2. Find the number of weeks/period to complete the task 3. Identify the critical pathWhat kinds of performance measurements are used in the process of evaluating a network's effectiveness?Consider the activities, duration, and predecessor relationships in the following network. Draw the network and answer the questions that follow. Activity Description Immediate Predecessors Optimistic weeks Most likely Weeks Pessimistic Weeks A - 4 7 10 B A 2 8 20 C A 8 12 16 D B 1 2 3 E D, C 6 8 22 F C 2 3 4 G F 2 2 2 H F 6 8 10 I E, G, H 4 8 12 J I 1 2 3 What is the expected time for activity B What is the variance for activity B Based on the calculation of estimated times, what is the critical path What is the estimated time of the critical path What is the activity variance along the critical path
- *(e) Draw manually the appropriate network diagram (using PDM) and then find (and also provide as a table) for each of the activities by d: early start (ES), early finish (EF), late start (LS), late finish (LF) and total floats and total slacks and provide them in a table form. Answer:The following information is given for a CPM network: Activity Predecessor Successor Normal Time Normal Cost Crash Time Crash Cost A --- B, C 5 $ 60 2 $ 125 B A D, C 4 70 2 90 C A, B D 6 80 3 150 D B, C --- 3 40 1 60 What is the critical path of the network?The following information is available about a project toorganize an event to honor the mayor of West Allis at theNathan Hale High School:Activity Activity Time (days) Immediate Predecessor(s)A 3 —B 4 —C 5 —D 4 —E 7 AF 2 B, C, DG 4 E, FH 6 FI 4 GJ 3 GK 3 Ha. Draw the network diagram.b. Find the critical path.
- Define the terms below (i) Path Analysis (ii) Path ModelABC Company has several branches within the city. One of its branches is suffering from declining sales, andmanagement has a range of options:a. Shut down the branch and sell for P5Mb. Undertake a major renovationc. Undertake a cheaper renovationIn the past, 2/3 of renovation have achieved good results, while 1/3 achieved poor results. The major renovationwill cost P4M. Estimates of outcomes are as follows:a. Good results: P13.5M profitb. Poor results: P6.5M profitOn the other hand, there is a more economical renovation option that costs P2M. Estimates of outcomes areas follows:a. Good results: P8.5M profitb. Poor results: P 4M Required: Prepare a decision tree and recommend what action would be taken:a. Shut down the branch and sell for P5Mb. Undertake a major renovationc. Choose the economical option*(e) Draw manually the appropriate network diagram (using PDM) and then find (and also provide as a table) for each of the activities by d: early start (ES), early finish (EF), late start (LS), late finish (LF) and total floats and total slacks and provide them in a table form.