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1. Determine the total project completion time for this preliminary step 2. The critical path 3. Slack time for all activities involved

1. Determine the total project completion time for this preliminary step 2. The critical path 3. Slack time for all activities involved

Practical Management Science
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...
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7:37 6 TIME REQUIRED (WEEKS) АCTIVITY a m b DESCRIPTION OF ACTIVITY IMMEDIATE PREDECESSORS 1 1 4 Draft of legal documents 2 3 Preparation of financial statements 3 5 Draft of history 7 8 Draft demand portion of feasibility study 5 4 5 Review and approval of legal documents 1 6. 1 4 Review and approval of history 3 7 4 5 6. Review feasibility study 4 8 1 4 Draft final financial portion of feasibility study 7 3 4 Draft facts relevant to the bond transaction 5 10 1 1 Review and approval of financial statements 11 18 20 26 Receive firm price of project 12 1 3 Review and completion of financial portion of feasibility study 8 13 1 1 Completion of draft statement 6, 9, 10, 11, 12 14 .10 .14 .16 All material sent to bond rating services 13 Statement printed and distributed to all interested parties 15 .2 .3 .4 14 16 1 Presentation to bond rating services 14 17 1 Bond rating received 16 18 3 5 7 Marketing of bonds 15, 17 19 .1 .1 .2 Purchase contract executed 18 20 .1 .14 .16 Final statement authorized and completed 19 21 3 6 Purchase contract 19 22 .1 .1 .2 Bond proceeds available 20 23 .2 .2 Sign construction contract 21, 22 Requirements: As you can see, optimistic (a), most likely (m), and pessimistic (b) time estimates have been given for all the activities described in the table. 1. Determine the total project completion time for this preliminary step 2. The critical path 3. Slack time for all activities involved (Pls. Don't forget to show supporting calculation) Good luck! LO HW-05.pdf 20 December 2021, 4:42 PM
Transcribed Image Text:7:37 6 TIME REQUIRED (WEEKS) АCTIVITY a m b DESCRIPTION OF ACTIVITY IMMEDIATE PREDECESSORS 1 1 4 Draft of legal documents 2 3 Preparation of financial statements 3 5 Draft of history 7 8 Draft demand portion of feasibility study 5 4 5 Review and approval of legal documents 1 6. 1 4 Review and approval of history 3 7 4 5 6. Review feasibility study 4 8 1 4 Draft final financial portion of feasibility study 7 3 4 Draft facts relevant to the bond transaction 5 10 1 1 Review and approval of financial statements 11 18 20 26 Receive firm price of project 12 1 3 Review and completion of financial portion of feasibility study 8 13 1 1 Completion of draft statement 6, 9, 10, 11, 12 14 .10 .14 .16 All material sent to bond rating services 13 Statement printed and distributed to all interested parties 15 .2 .3 .4 14 16 1 Presentation to bond rating services 14 17 1 Bond rating received 16 18 3 5 7 Marketing of bonds 15, 17 19 .1 .1 .2 Purchase contract executed 18 20 .1 .14 .16 Final statement authorized and completed 19 21 3 6 Purchase contract 19 22 .1 .1 .2 Bond proceeds available 20 23 .2 .2 Sign construction contract 21, 22 Requirements: As you can see, optimistic (a), most likely (m), and pessimistic (b) time estimates have been given for all the activities described in the table. 1. Determine the total project completion time for this preliminary step 2. The critical path 3. Slack time for all activities involved (Pls. Don't forget to show supporting calculation) Good luck! LO HW-05.pdf 20 December 2021, 4:42 PM
4:21 ul 04 chegg.com/homewoi 1) DONE Time (weeks) Activity Description Immediate Predecessor(s) a m 5 Drafting legal documents Preparation of financial statements 5 Draft of history Draft demand portion of feasibility study Review and approval of legal documents 1 1 4 4 3 3 4 4 7 4 4 1 4 Review and approval of history 6 Review feasibility study Draft final financial portion of feasibility study 1 3 7 4 8. 1 2 7 Draft facts relevant to the bond 4 transaction Review and approval of financial 10 1 1 2 statements 26 Firm price received of project Review and completion of financial 11 18 20 2 3 portion of feasibility study 2 Draft statement completed All materials sent to bond rating services 1 13 1 1 6, 9, 10, 11, 12 14 0.10 0.14 0.16 13 Statement printed and distributed to 0.4 all interested parties 15 0.2 0.3 14 Presentation to bond rating 16 1 1 2 14 services 17 1 2 3 Bond rating received 16 7 Marketing of bonds 0.2 Purchase contracts executed 18 15, 17 19 0.1 0.1 18 Final statement authorized and completed 20 0.1 0.14 0.16 19 21 2 3 6 Purchase contract 19 0.2 Bond proceeds available 0.2 Sign construction contract 22 0.1 0.1 20 23 0.0 0.2 21, 22 Get this answer with Chegg Study SEE THE ANSWER 4. El 25 12
Transcribed Image Text:4:21 ul 04 chegg.com/homewoi 1) DONE Time (weeks) Activity Description Immediate Predecessor(s) a m 5 Drafting legal documents Preparation of financial statements 5 Draft of history Draft demand portion of feasibility study Review and approval of legal documents 1 1 4 4 3 3 4 4 7 4 4 1 4 Review and approval of history 6 Review feasibility study Draft final financial portion of feasibility study 1 3 7 4 8. 1 2 7 Draft facts relevant to the bond 4 transaction Review and approval of financial 10 1 1 2 statements 26 Firm price received of project Review and completion of financial 11 18 20 2 3 portion of feasibility study 2 Draft statement completed All materials sent to bond rating services 1 13 1 1 6, 9, 10, 11, 12 14 0.10 0.14 0.16 13 Statement printed and distributed to 0.4 all interested parties 15 0.2 0.3 14 Presentation to bond rating 16 1 1 2 14 services 17 1 2 3 Bond rating received 16 7 Marketing of bonds 0.2 Purchase contracts executed 18 15, 17 19 0.1 0.1 18 Final statement authorized and completed 20 0.1 0.14 0.16 19 21 2 3 6 Purchase contract 19 0.2 Bond proceeds available 0.2 Sign construction contract 22 0.1 0.1 20 23 0.0 0.2 21, 22 Get this answer with Chegg Study SEE THE ANSWER 4. El 25 12
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