CB2011 Solving Business Problems with Spreadsheet Modeling Online Assignment 5 (6% weight) Time allowed: 50 minutes (45 minutes +5 minutes additional time for uploading file) Instructions: Hand-write your answers on a blank paper and take a photo of your solutions. Save as Assignments- XXXXXXXX.pdf where XXXXXXXX is your student id number A local accounting firm must coordinate a number of necessary activities to be prepared for an auditing report. The following table describes the relationships between these activities that need to be completed, as well as estimated times. Immediate Predecessors Activity A Inspection of Documents B Inspection of Tangible Assets C Observation D Inquiry E Confirmation FRecalculation G Reperformance H Analytical Procedures A B, C B D, E F Time (weeks) 4 6 3 4 8 7 2 1 *M00N a) Develop a project network in which the earliest start time (ES), earliest finish time (EF), latest start time (LS) and latest finish time (LF) are clearly shown. b) Determine the slack for each activity. c) Determine the earliest project completion time. d) Determine the critical path. e) If Activity D delays by 2 weeks, how will it affect the earliest project completion time? Justify your answer. f) If Activity B and H has been delayed by 2 and 4 weeks, respectively, what is the new earliest project completion time and the critical path(s)? Justify your