(b) What is the expected completion time (in hours) of this project?hr(c) What is the probability that the project can be completed within fourteen hours? (Round your answer to four decimal places.) You may need to use the appropriate technology to answer this question.A project consists of five activities as shown in the following table.ActivityFloor sandingFloor buffingPaint mixingWall paintingCeiling paintingStartOptimistic Time (hr) Most Probable Time (hr)StartFloorBuffingPaintMixingNaturally, paint mixing precedes the painting activities. Also,(a) Construct the PERT/CPM network for this problem.FloorSanding4PaintMixing40.533PaintWallPaintCeilingPaintCeilingPaintWall55147.5FloorSandingPessimistic Time (hr)FloorBuffingFinish6Finish6ceiling painting and floor sanding must be dor1.5119iStartStartprior to floor buffing.FloorSandingPaintMixingFloorBuffingPaintMixingPaintCeilingPaintWallPaintWallPaintCeilingFloorBuffingFloorSandingFinishFinish

A project has 5 activities with 3 time estimates:ActivityOptimistic Time(hr)Most Likely…

Answered: A project consists of five activities…

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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The table below contains data for the installation of new equipment in a manufacturing process a Excello Corporation. Your company is responsible for the installation project. Indirect costs are $10,000 per week, and a penalty cost of $9,000 per week will be incurred by your company for every week the project is delayed beyond week12. Activity Immediate Predecessor(s) ABCDEFG long dash- long dash- ABCDEFG A B C D, E E Normal Time Crash Time Normal Cost Crash Cost (weeks) (weeks) ($) ($) 1 14,000 2 3,000 1 40,000 3 22,000 1 8,000 4 13,000 2 16,000 3234 1 6 63 7,000 3,000 12,000 12,000 8,000 5,000 9,000 a. What is the shortest time duration for this project regardless of cost? (Enter your response as a whole number.) b. What is the minimum total cost associated with completing the project in 12 weeks? C. What is the total time of the minimum cost schedule? (enter your response as whole numbers). The total project's duration according to minimum cost schedule is? The minimum cost schedule…
Roger Ginde is developing a program in supply chain management certification for managers. Ginde has listed a number of activities that must be completed before a training program of this nature could be conducted. The activities, immediate predecessors, and times appear in the accompanying table: a. the critical activities for the leadership training program development project are: _____ b. the project length for the leadership training program development project= __ days. c. Slack time for each of the activities is: Activity: Slack time: A ______ B ______ C ______ D ______ E ______ F ______ G ______
Colonial State College is considering building a new multipurpose athletic complex on campus. The complex would provide a new gymnasium for intercollegiate basketball games, expanded office space, classrooms, and intramural facilities. The following activities would have to be undertaken before construction can begin. Activity A B C D E F G H IMG_A2D52FAF8F3D-1.jpeg Activity This answer has not been graded yet. A B с (c) Develop the activity schedule for the project. D Survey building site Develop initial design Obtain board approval E F G Description H Select architect Establish budget Finalize design Obtain financing 0 Hire contractor L L | (a) Draw a project network. (Submit a file with a maximum size of 1 MB.) Choose File No file chosen Immediate Predecessor Earliest Start (b) Identify the critical path. (Enter your answers as a comma-separated list.) 4 A, B с Latest Start с D, E E F, G Time (weeks) 5 5 9 Earliest Finish 13 4 7 15 11 6 9 Latest Finish 4 Slack (d) Does it appear…
"A large Southeast city is requesting federal funding for a park-and-ride project.One of the requirements in the request application is a network plan for the designphase of the project. Sophie Kim, the chief engineer, wants you to develop a proj.ect network plan to meet this requirement. She has gathered the activity time esti-mates and their dependencies shown here. Show your project network with theactivity early, late, and slack times. Mark the critical path.
Draw a network diagram that represents the following activities of a project: Activity ImmediatePredecessor A - B A C A D C E B F D,E G F H D,E I G,H
A large Southeast city is requesting federal funding for a park-and-ride project. One of the requirements in the request application is a network plan for the design phase of the project. Sophie Kim, the chief engineer, wants you to develop a project network plan to meet this requirement. She has gathered the activity time estimates and their dependencies shown here. Description Survey Soils report C Traffic design D Lot layout E Approve design Illumination G Drainage H Landscape I Signage J Bid proposal ID A B The project is expected to take The critical path is: Early start for Activity E is: Late finish for Activity F is: Slack for Activity C is: Predecessor None A A A B, C, D E E E E F, G, H, I Time (days) 13 22 21 a 9 74 20 20 22 17 15 12 days. day(s).
Make a list of the tasks that is necessary for Management Trainee Officer job in private banks. Develop a table showing each task, its duration, and preceding event(s). Develop a Network diagram for these tasks. Highlight the critical path on your Network diagram and find out slack of all activities.
The following is NOT one of the advantages of CPM and PERT:a) Straightforward concept and not mathematically complex.b) Graphical networks help highlight relationships among project activities.c) Critical path & slack time analyses pinpoint activities that need tobe closely watched.d) Project documentation and graphs point out who is responsible for variousactivities.e) Precedence relationships must be specified and networked together.f) Applicable to a wide variety of projects.
A large Southeast city is requesting federal funding for a park-and-ride project. One of the requirements in the request application is a network plan for the design phase of the project. Sophie Kim, the chief engineer, wants you to develop a project network plan to meet this requirement. She has gathered the activity time estimates and their dependencies shown here. ID Description A Survey B Soils report с Traffic design D Lot layout E Approve design F G Drainage H Landscape I Signage J Illumination Bid proposal The project is expected to take The critical path is: Early start for Activity E is: Late finish for Activity F is: Slack for Activity C is: Predecessor None A A A B, C, D E E E E F, G, H, I Time (days) 9 22 25 6 76 20 24 24 25 9 days. day(s).
The table below contains data for the installation of new equipment in a manufacturing process at Excello Corporation. Your company is responsible for the installation project. Indirect costs are $12,000 per week, and a penalty cost of $8,000 per week will be incurred by your company for every week the project is delayed beyond week 12. Activity Immediate Predecessor(s) A B с D E F G || D, E Normal Time Crash Time Normal Cost (weeks) ($) 3 7,000 2 3,000 3 12,000 4 12,000 1 8,000 6 5,000 3 9,000 (weeks) 1 2 1 3 1 4 2 D Crash Cost ($) 14,000 3,000 40,000 22,000 8,000 13,000 16,000
The table below contains data for the installation of new equipment in a manufacturing process for a steel corporation. Your company is responsible for the installation project. Indirect costs are $6,000 per week, and a penalty cost of $10,000 per week will be incurred by your company for every week the project is delayed beyond week 15. Activity Immediate Predecessor(s) Normal Time (weeks) Crash Time (weeks) Normal Cost ($) Crash Cost ($) A None 2 1 7,000 10,000 B None 2 2 3,000 3,000 C A 3 1 12,000 40,000 D B 3 2 12,000 28,000 E C 1 1 8,000 8,000 F D, E 5 3 5,000 15,000 G E 3 2 9,000 18,000 H F, G 8 6 14,000 32,000 Construct a network diagram for the project. What are the project completion time and the total cost under normal conditions? What is the shortest time duration for this project regardless of cost? What is the resulting total cost? What is the…
Draw a network diagram showing the linkage between these activities from start to finish. For the diagram, each activity should be labelled alphabetically ie. A, B, C… etc. PERT Formula: TE = (O + 4T + P) / 6 TE = Pert Expected Time Duration, O = Optimistic estimate, P = Pessimistic estimate, T = Most Likely (Typical) estimate Activity Predecessor Optimistic Most Likely Pessimistic Duration Duration in Weeks A — 2 3 4 B — 4 5 7 C B 1 2 3 D C & E 0.5 1 1.5 E B 0.5 1 1.5 F C 2 3 4 G F 2 3 4

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