The following CPM network has estimates of the normal time in weeks listed for the activities: a.
Question:
a. Identify the critical path.
b. What is the length of time to complete the project?
c. Which activities have slack, and how much?
d. Here is a table of normal and crash times and costs. Which activities would you shorten to cut two weeks from the schedule in a rational fashion? What would be the incremental cost? Is the critical pathchanged?
Transcribed Image Text:
NORMAL TIME CRASH TIME NORMAL CRASH CosT ITY COST $7,000 5,000 9,000 3,000 2,000 4,000 5,000 $ 8,000 7,000 10,200 4,500 3,000 7,000 8,000
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 64% (14 reviews)
a ACDFG b 74545 25 weeks c B 2 weeks E 2 weeks d Activity Normal Time ...View the full answer
Answered By
ANDREW KIPRUTO
Academic Writing Expert
I have over 7 years of research and application experience. I am trained and licensed to provide expertise in IT information, computer sciences related topics and other units like chemistry, Business, law, biology, biochemistry, and genetics. I'm a network and IT admin with +8 years of experience in all kind of environments.
I can help you in the following areas:
Networking
- Ethernet, Wireless Airmax and 802.11, fiber networks on GPON/GEPON and WDM
- Protocols and IP Services: VLANs, LACP, ACLs, VPNs, OSPF, BGP, RADIUS, PPPoE, DNS, Proxies, SNMP
- Vendors: MikroTik, Ubiquiti, Cisco, Juniper, HP, Dell, DrayTek, SMC, Zyxel, Furukawa Electric, and many more
- Monitoring Systems: PRTG, Zabbix, Whatsup Gold, TheDude, RRDtoo
Always available for new projects! Contact me for any inquiries
4.30+
1+ Reviews
10+ Question Solved
Related Book For
Operations and Supply Chain Management
ISBN: 978-0078024023
14th edition
Authors: F. Robert Jacobs, Richard Chase
Question Posted:
Students also viewed these Management Leadership questions
-
The following project network and table provide the normal times and costs as well as the crash times and costs for the activities required to complete a project. Crash the completion time to the...
-
Which characteristics must a project have for critical path scheduling to be applicable? What types of projects have been subjected to critical path analysis?
-
A CPM/PERT project network has probabilistic activity times (x) as shown on each branch of the network; for example, activity 13 has a .40 probability that it will be completed in 6 weeks and a .60...
-
public class Class extends ClassA public classB ( ( Time left 0 0 : 1 2 : 0 3 int init = 1 0 ; super ( 4 0 ) ; O a . . The method super is not defined. b . . No values may be passed to super. O c . ....
-
Determine whether Are linearly independent. 392 112 213
-
Show that can be written in the form where A, B and C are constants to be found. 39x2 + 2x + 59 (x + 5)(3x 1)
-
In the binomial model obtain the values of \(u, d\), and \(p\) given the volatility \(\sigma\) and the risk-free interest rate \(r\) for the following cases: (a) \(p=\frac{1}{2}\). (b)...
-
What conditions suggest that a ratio variable should be transformed (recoded) into a dichotomous (two group) variable?
-
What ethical considerations arise in global supply chain management, particularly regarding labor practices, human rights, and environmental stewardship, and how can responsible sourcing initiatives...
-
Given the following table containing information about employees of an organization, develop a small java application, which accepts employee id from the command prompt and displays the following...
-
For the network shown: a. Determine the critical path and the early completion time in weeks for the project. b. For the data shown, reduce the project completion time by three weeks. Assume a linear...
-
Braggs Bakery is building a new automated bakery in downtown Sandusky. Here are the activities that need to be completed to get the new bakery built and the equipment installed. a. Draw the project...
-
A speedboat, starting from rest, moves along a straight line away from a dock. The boat has a constant acceleration of 13.00 m/s2 (see the figure). Attached to the dock is a siren that is producing a...
-
What is your holding period return on a combined purchase of a stock for $115 and a put option on that stock with strike price of $110 for a premium of 6 if the stock price at the expiration of the...
-
Explain the measures to prevent contractual disputes.
-
Hillard Company is currently considering how much should be charged for one unit of Product SR10. The president of Hillard Company has decided to use the cost-plus approach to product pricing and has...
-
Why does FASB make things so complicated? Couldn't there just be one method for accounting for investments in other companies rather than three?
-
Choice #2 The term "reasonable" is used quite frequently in the Canadian legal System. Discuss how this term is used throughout Canadian Law in the following areas: A) The Canadian Charter of Rights...
-
Of programmed I/O, interrupt-driven I/O, DMA, or channel I/O, which is most suitable for processing the I/O of a: a. Mouse b. Game controller c. CD d. Thumb drive or memory stick Explain your answers.
-
Saccharin is an artificial sweetener that is used in diet beverages. In order for it to be metabolized by the body, it must pass into cells. Below are shown the two forms of saccharin. Saccharin has...
-
Conduct a paired t test using the data: a. Write the null and alternative hypotheses. b. What is the two-tailed p value? c. Can you reject the null hypothesis? The dataset given in Table 7.8 shows...
-
Do you have any concerns about the audit process at ITS? If so, what are they and what changes to their auditing process would you recommend for the future?
-
Do you have any concerns about the audit process at ITS? If so, what are they and what changes to their auditing process would you recommend for the future?
-
Using Exhibit 1.3 as a model, describe the source-make-deliver-return relationships in the following systems: a. An airline b. an automobile manufacturer c. A hospital d. An insurance company
-
Explain possible advantages and disadvantages of PSL's current international trading strategy (subsidiary in China, export & import and online presence).
-
In November 2020 you entered into four May 2021 long futures contracts for crude oil (1,000 barrels per contract) for $65.00 per barrel. If the futures price was $70.00 per barrel on December 31,...
-
4) Champagne, Inc., had revenues of $13 million, cash operating expenses of $9 million, and depreciation and amortization of $2 million during 2008. The firm purchased $650,000 of equipment during...
Study smarter with the SolutionInn App