KOFI, AMA Kofi and Ama, computer consultants, are considering embarking on a joint project that willinvolve development of relatively small commercial software package for personal computers.The program involves scientific calculations for a specialized portion of the engineering market.Kofi and Ama have broken down the project into nine tasks and have estimated the timerequired for each task. The list of these tasks, the times required and the procedurerelationship are given belowTaskTime Required(in weeks)1-22-342-423-596.4-54-65-67.6-77-8i. Draw the network of the project.ii. Determine the slack/floats of each sensitivityiii. As a management science student, advise Kofi and Ama on the effect of the critical path andthe project completing time.iv. As a management science student, advise Kofi and Ama the effect on the project completiontime if activities 2-3 and 4-6 are delayed for 3 weeks and 6 weeks respectively. Present youranswer in the form of memo.

i. Draw the network of the project. ii. Determine the slack/floats of each sensitivity iii. As a management science student, advise Kofi and Ama on the effect of the critical path and the project completing time. iv. As a management science student, advise Kofi and Ama the effect on the project completion time if activities 2-3 and 4-6 are delayed for 3 weeks and 6 weeks respectively. Present your answer in the form of memo.

i. Draw the network of the project. ii. Determine the slack/floats of each sensitivity iii. As a management science student, advise Kofi and Ama on the effect of the critical path and the project completing time. iv. As a management science student, advise Kofi and Ama the effect on the project completion time if activities 2-3 and 4-6 are delayed for 3 weeks and 6 weeks respectively. Present your answer in the form of memo.

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...

See similar textbooks

Similar questions

Jamison Day Consul tants has been entrusted with thetask of evaluating a business plan that has been divided into foursections- marketing, finance, operations, and human resources.Chris, Steve, Juana, and Rebecca form the evaluation team. Each of them has expertise in a certain field and tends to finish thatsection faster. The estimated times taken by each team memberfor each section have been outlined in the following table. Furtherinformation states that each of these individuals is paid $60/hour.a) Assign each member to a different section such that JamisonConsultants's overall cost is minimized.b) What is the total cost of these assignments?
Jamison Day Consultants has been entrusted with thetask of evaluating a business plan that has been divided into foursections—marketing, finance, operations, and human resources.Chris, Steve, Juana, and Rebecca form the evaluation team. Eachof them has expertise in a certain field and tends to finish thatsection faster. The estimated times taken by each team memberfor each section have been outlined in the table below. Furtherinformation states that each of these individuals is paid $60/hour.a) Assign each member to a different section such that JamisonConsultants’s overall cost is minimized.b) What is the total cost of these assignments?Times Taken by Team Members for Different Sections (minutes)MARKETING FINANCE OPERATIONS HRChris 80 120 125 140Steve 20 115 145 160Juana 40 100 85 45Rebecca 65 35 25 75
NB: Answer all the questions within 30 mins Table 1 Activity Predecessor Duration (weeks) A - 5 B A 4 C A 5 D B 6 E C 3 F D, E 4 Use Table 1 to calculate the following: Draw the resultant Gantt chart. Construct the PERT/CPM chart for the tasks as they appear in Table 1.[1] HINT: Do not forget the Start Date and Finish Date for each task. Indicate at minimum three dependent task patterns. Indicate all the multiple successor tasks. Indicate all the multiple predecessor tasks. Show the critical path of this project. Justify why the given critical path is valid.
Power Builders Inc. is planning for an upcoming job with a large client. They have listed the specific activities and steps to be performed, and estimated the time to complete each activity. The activities involved in the job are listed below: Activity Description of Activity Preceding Activity Estimated Time Required (in weeks) A B C D E F G H I J K Planning Meeting Obtain Permit Inspect Damage Begin Repair Work Order Additional Materials Apply for Waiver Obtain Waiver Complete Electrical Work Build Interior Partitions Onsite Testing Meet With Client -- A B A D E C, F D H G, I J 5 2 5 4 2 4 2 5 5 2 2 REQUIRED: Prepare a Gantt Chart from the facts in this time budget.
List two rework cost-cutting methods. How does progressive delivery affect both methods?
Development of Version 2.0 of a particular accounting software product is being considered by Jose Noguera's technology firm in Baton Rouge. The activities necessary for the completion of this project are listed in the following table: Activity Normal Time (weeks) Crash Time (weeks) Normal Cost Total Cost with Crashing Immediate Predecessor(s) A 44 33 $ 2 comma 100$2,100 $ 2 comma 700$2,700 long dash— B 22 11 $ 2 comma 200$2,200 $ 2 comma 900$2,900 long dash— C 33 33 $ 500$500 $ 500$500 long dash— D 88 44 $ 2 comma 500$2,500 $ 2 comma 820$2,820 A E 66 33 $ 1 comma 000$1,000 $ 1 comma 300$1,300 B F 33 22 $ 3 comma 400$3,400 $ 4 comma 800$4,800 C G 44 22 $ 1 comma 500$1,500 $ 2 comma 000$2,000 D, E Part 2 a) Based on the given information…
3.7 Task time estimates for a production line setup project at Robert Klassen’s Ontario factory are as follows: Activity A, B,C,D,E,F,G. Time(in hours) 6.0,7.2,5.0,6.0,4.5,7.7,4.0 Immediate Predecessors -,-,A)B,C)B,C)D)E,F) a. Draw the project network using AON. b. Identify the critical path. c. What is the expected project length? d. Draw a Gantt chart for the project.
1. Design a chart base for the given activities Activity Description Immediate Predecessors A Buy Robot Components - B Design Robot - C Check all parts B D Assemble Robot A,C 2. Create a network diagram from the following activities: Acitivity Immediate Predecessors A - B A C B D B E D F D G D H C,E,F,G I H J H K I L J M K,L 3. Create a critical path of the following activities: Activity TIME REQUIRED Immediate Predecessors A 3 - B 4 A C 3 B D 10 B E 8 D F 4 D G 6 D H 8 C,E,F,G I 5 H J 5 H K 4 I L 2 J M 4 K,L
The product development group at “Griffin” Company has already worked on new computer software products that has potential to know a large market share. Via an outside source, London Management has learned that a competitor is working to bring a similar product to market. As a result, London's top management increased its pressure on the product development group. Group leaders have turned to CPM / PERT as an aid to scheduling remaining activities before new products can be brought to market. The estimated time of activity in a day is as follows a.Create the the network if it is accelerated according to the schedule above b.Find the cost and the duration c.Determine the path and critical activities
Task time estimates for the modification of an assembly line at Jim Goodale's Carbondale, Illinois, factory are as follows: Activity Time (in hours) Immediate Predecessor(s) A 5.0 - B 6.5 - C 5.0 A D 5.0 B, C E 4.0 B, C F 7.5 D G 4.0 E, F This exercise contains only parts d, b, and c. d) Using the line drawing tool five times, draw a Gantt chart for activities C through G of the project based on the early times. Carefully follow the instructions above, and only draw the required objects. b) The critical path activities for the leadership training program development project are c) The expected project completion time for the leadership training program development project = hours (round your response to one decimal place).
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…
You lead a family day project for welcoming the arrival of the new students to the campus. The accompanying Table 1 shows the activities, times and sequences required for the project planning and monitoring. Table 1 Activities Immediate Predecessors Time (In Days) A -- 9 B A 5 C A 9 D B,C 6 E B, C 7 F D 10 G E 12 H F,G 8 Based on the Table 1, using Critical Path Method (CPM) diagram, determine the ES, EF, LS & LF, identify the critical activities, critical path and the expected project completion time.