Question: Apply the Critical Chain Management method to the problem in the next slide and answer the following: 1 . Apply the critical chain heuristic to

Apply the Critical Chain Management method to the problem in the next slide and answer the following:
1. Apply the critical chain heuristic to find the critical chain. Submit your answer indicating ALL intermediate steps of the algorithm you used. Draw All intermediate steps using PPT (as we did in class), or use ruler and pencil legibly. (30 points)
Step 1.
Step 2.
...
2. Create feeding and project buffers assuming that each buffer is 50% the length of the path it protects (i.e., B=0.5* Path).(5 points)
3. Put all buffers together in a Gantt chart (use 5-day resource buffers). Present you Gantt chart either on PPT or using ruler and pencil. (5 points)
4. Create feeding and project buffers with 95% confidence assuming that standard deviations are half of the means indicated on the figure (i.e., B=Z0.95*\sigma Path).(10 points)
5. Put all buffers together in a Gantt chart (use 5-day resource buffers). Present you Gantt chart on PPT.(10 points)
6. Evaluate the quality of the plan produced in Question 5. Is it aggressive, repeatable, feasible? (10 points)
7. Override the heuristic used in Question 1, so as to obtain a shorter schedule (clearly state the changes made accompanied by charts)(10 points).
8. Identify a new Critical chain and Repeat Question 4 show all work. (10 points)
9. Present your new solution on PPT or using ruler and paper. (5 points)
10. Is the new schedule better (explain why)?(5 points)

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