Q3) a) Using the data in Table 4, draw the graph of maximum and minimum bounds...
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Q3) a) Using the data in Table 4, draw the graph of maximum and minimum bounds of possible weekly cash flow by using float management. Hint: Each project needs to be evaluated individually first, then the findings need to be gathered to show the cash flow covering all three projects. b) Draw the graph of maximum and minimum possible weekly labor day requirement. Try to level the labor day requirements to have a least possible variation in the resources. c) Reduce the expected total duration of total completion duration of all three projects by 10-weeks with crashing technique. Draw a graph which shows the reverse correlation between cost and duration for this 10-weeks crashing. Assume that each crashing may reduce the duration by 1 week. Hint: You may crash any activity in any project without any separation between the projects. Activity A1 B1 C1 D1 E1 F1 J1 K1 A2 B2 C2 D2 E2 F2 G2 H2 J2 K2 A3 B3 C3 D3 E3 F3 K3 Cost ($ 1,000) 2.5 2 3.1 3.5 4 5.5 2 4 3.5 3 3.2 3.3 4.3 2.1 2 3.1 4.8 2.7 1.8 2.5 1.8 3 3.8 7 2.5 Table 4 Crashing-1 ($1,000) 1.5 1.5 1 2 2 1 1.5 2 1 2 1 1 2 1 1 1.5 2.5 1.5 0.5 1 0.5 2 2 3.5 1 Crashing-2 ($1,000) 0.5 1 1 1.5 1 1 0.5 1 1 1 0.5 0.5 1.5 0.5 0.5 1 1.5 1.5 0.5 1 0.5 1 0.5 2 1 Required labor days per week 5 69653 Su 11 13 4 5 5 6 7 6 6 3 4 5 8 4 2 3 3 4 5 15 6 Q3) a) Using the data in Table 4, draw the graph of maximum and minimum bounds of possible weekly cash flow by using float management. Hint: Each project needs to be evaluated individually first, then the findings need to be gathered to show the cash flow covering all three projects. b) Draw the graph of maximum and minimum possible weekly labor day requirement. Try to level the labor day requirements to have a least possible variation in the resources. c) Reduce the expected total duration of total completion duration of all three projects by 10-weeks with crashing technique. Draw a graph which shows the reverse correlation between cost and duration for this 10-weeks crashing. Assume that each crashing may reduce the duration by 1 week. Hint: You may crash any activity in any project without any separation between the projects. Activity A1 B1 C1 D1 E1 F1 J1 K1 A2 B2 C2 D2 E2 F2 G2 H2 J2 K2 A3 B3 C3 D3 E3 F3 K3 Cost ($ 1,000) 2.5 2 3.1 3.5 4 5.5 2 4 3.5 3 3.2 3.3 4.3 2.1 2 3.1 4.8 2.7 1.8 2.5 1.8 3 3.8 7 2.5 Table 4 Crashing-1 ($1,000) 1.5 1.5 1 2 2 1 1.5 2 1 2 1 1 2 1 1 1.5 2.5 1.5 0.5 1 0.5 2 2 3.5 1 Crashing-2 ($1,000) 0.5 1 1 1.5 1 1 0.5 1 1 1 0.5 0.5 1.5 0.5 0.5 1 1.5 1.5 0.5 1 0.5 1 0.5 2 1 Required labor days per week 5 69653 Su 11 13 4 5 5 6 7 6 6 3 4 5 8 4 2 3 3 4 5 15 6
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Related Book For
Applied Statistics From Bivariate Through Multivariate Techniques
ISBN: 9781412991346
2nd Edition
Authors: Rebecca M. Warner
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