i need the answer quickly Consider the following scenario: (Time in weeks)ActivityPrecedingOptimisticMost LikelyPessimistic56.13348DВ, С6.EА, В44D33GE37F, G4413Project completion time is *24.5 weeks32 weeks22 weeks20 weeksExpected times of activities C & E are respectively *O 4.5 & 47.5 & 8.55 & 7.5O 5 & 11

Expected activity duration for each activity could be determined by using the formula, (Pessimistic…

Answered: Project completion time is * 24.5 weeks…

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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Remaining Time: 1 hour, 55 minutes, 58 seconds. A Question Completion Status: 1 2 3 4 6. 7. 8. 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 A Moving to another question will save this response. Quèstion 3 «< Ques 4 points Targeting is defined as evaluating each market segments attractiveness and selecting one or more segments to enter. List and briefly explain the four targeting strategies. For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). BIUS Paragraph Arial 10pt 工%厄白 Q5d 州 x? X, RBC V - 田田用国田田図 P. O WORDS POW A Moving to another question will save this response. « < Ques hp
How Can You Get to a Backlog of over 100 Projects? There are never enough resources to get everything done." Backlogs build over time. Sacred cow projects get included in the selection system. Projects proposed from people who have left the airline stil reside in the project portfolio. Non-value-added projects somehow make their way into the project portfolio. Soon the queue gets longer. With everyone in IT working on too many projects concurrently, project completion and productivity are slow. Which Projects Remain? To cut the number of projects, the steering committee used a weighting scheme that reflected the airline's priorities, which were: fly safe, generate revenue, reduce costs, and customer service. The weighting scheme easily weeded out the fluff. Coady noted that "by the time you get to the 20s the margin of differentiation gets narrower and narrower." Of the remaining projects, project sponsors had to have solid justification why their project is important. Reduction of the…
Using PERT, Adam Munson was a ble to determinethat the expected project completion time for the construction ofa pleasure yacht is 21 months, and the project va riance is 4.a) What is the probability that the project will be completed in17 months?b) What is the probability that the project will be completed in20 months?c) What is the probability that the project will be completed in23 months?d) What is the probability that the project will be completed in25 months?e) What is the due date that yields a 95% chance of completion?
A project consists of five activities as shown in the following table. Activity Floor sanding Floor buffing Paint mixing Wall painting Ceiling painting Optimistic Time (hr) Most Probable Time (hr) 4 4 0.5 2 3 5 5 Сл 1 3 7.5 Pessimistic Time (hr) 6 6 1.5 10 9 Naturally, the paint mixing precedes the painting activities. Also, both ceiling painting and floor sanding must be done prior to floor buffing. (a) Construct the PERT/CPM network for this problem.
empt.php/attempt 1839268cmki 73847 Management Sec-1 with Ja Quizzes/ Quiz 2 Duration of Dummy activity is always constant Select one: O True O False
What is the minimum cost of crashing the following project at Sawaya Robotics by 4 days? NORMAL CRASH TIME (DAYS) TIME (DAYS) NORMAL COST 8 6 6 4 ACTIVITY Design (A) Wiring (B) Chip install (C) Software (D) Testing (E) 8 5335 400 1,000 600 1,000 1,100 CRASH COST 450 1,100 700 1,300 1,625 IMMEDIATE PREDECESSOR(S) A, B C The minimum cost of crashing the following project at Sawaya Robotics by 4 days is $900 (enter your response as a whole number).
A. WHAT IF. Read the scenarios below and discuss what possible solutions would be best lor each. 1. What if you have no work experience then an advertisement for the job you are applying fo n dhe company is looking for an applicant with one to two years of work experience? 2. What if you do not have the specific computer skill specified for the vacant job position you are interested in, but you are knowledgeable in other computer applications? 3. What if your expected salary is way too high compared to the salary they are offering you for the job you are applying for? 4. What if you and your interviewer had a misunderstanding in the beginning of the interview?
AABCDE Activity J К Predecessor None PZABUD FGHL-KL EOFICI LA C H с H J.I,K Draft PDS Identify team Kickoff team meeting Source previous rocket Identify & order missing or new materials/parts Assembly Simulation Alpha Test Beta Test Training of key people Buy food to bring Launch DITONT Duration (wks) 1 1 0 2 4 8722860 1. Show the Critical Path. Give reasons for your answer. 2. If you needed to shorten the duration of the project, which activity or activities would you shorten and why?
Paragraph Styles Eg Problem 2 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 $10,000 per week will be incurred by your company for every week the project is delayed beyond week 15. Immediate Normal Time Crash Time Normal Cost Crash Cost Activity Predecessor(s) (weeks) (weeks) ($) 7,000 3,000 ($) A None 1 10,000 None 2 3,000 A 3 1 12,000 40,000 12,000 28,000 E C 1 1 8,000 8,000 F D, E 5 5,000 15,000 3 9,000 18,000 F, G 6. 14,000 32,000 Construct a network diagram for the project. a. b. 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? с. d. What is the minimal total cost associated with completing the project in 16 weeks? e. What is the total time for the…
IT PROJECT MANAGEMENT:EX 2.4 You have a project to be completed in 12 months, and the budget of the project is R100, 000. 6 months have passed, and R60, 000 has been spent., but on closer view you find that only 40% of work has been completed so far. Given in question : Actual cost (AC) =R60 000 Earned Value (EV) =40% of R100 000 =R40 000 Find the project's cost varience (CV) and determine if you are under budget or over budget.
I need the answer fot the short and the long term part, and plaese make it a short test, idont want it long
A company is willing to develop their rocket before the end of current financial year which is now 28 weeks away. The chief engineer of the company has decided to use PERT technique in order to plan, schedule and control program of development for the data given in table below. What is the probability that the program will be completed by the end of the current financial year? (all durations are in weeks). (i) G) Optimum Duration Most likely duration Pesimistic duration 1 2 3 8 13 3 2 8 4 3 8 10 4 7 10 3 6. 3 8 4 9 10 4 8. 4 9. 5 7 9. 12 6. 5 11 7 9. 14 8 4. 00 2.

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Project completion time is * 24.5 weeks 32 weeks 22 weeks O 20 weeks Expected times of activities C & E are respectively * O 4.5 & 4 7.5 & 8.5 5 & 7.5 O 5 & 11