Question: 1 0 . The following represents a project that should be scheduled using CPM: a . Draw the network. b . What is the critical
The following represents a project that should be scheduled using CPM:
a Draw the network.
b What is the critical path?
c What is the expected project completion time?
d What is the probability of completing this project within days?
CHAPTER FORECASTING
The following table contains the number of complaints received in a department store for the first six months of operation.
a Use threemonth moving average and threemonth weighted moving average weight the most recent month the second recent month and the third to develop forecast.
b Calculate MAD for both methods and conclude which one is better and why.
The following table contains the demand from the last months
a Calculate the single exponential smoothing forecast for these data using an alpha and an initial forecast leftFright of
b Calculate the exponential smoothing with trend forecast for these data using an alpha of a delta of an initial trend forecast T of and an initial exponentially smoothed forecast F of
c Calculate the mean absolute deviation MAD for each forecast. Which is best?
Chapter Strategy
A US manufacturing company operating a subsidiary in an LDC lessdeveloped country shows the following results:
Various financial data for the past two years follow. Calculate the total productivity measure and the partial measures for labor, capital, and raw materials for this company for both years. What do these measures tell you about this company?
CHAPTER PROJECT MANAGEMENT
Schedule the following activities using CPM:
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