Question: Exercise 2 [ 5 0 pts ] The following vacuum cleaner company is performing the feasibility study of launching a new product. The following information

Exercise 2[50 pts]
The following vacuum cleaner company is performing the feasibility study of launching a new
product. The following information is gathered. This includes the product testing, manufacturing.
cost estimation, marketing research,... . The activities that make up the project are identified with
their duration, their immediate predecessor, as well as the optimistic, most probable and
pessimistic duration for each activity are summarised in the following Table 2.
Table 2: Information about the activities
Part 1: Here consider firat deterministic durations
(i) Construct the corresponding network
(ii) Using CPM, determine the critical path and the total duration of the project.
10
(iii) Show the corresponding Gantt Chart and discuss bow long some of the activitiea could be
delayed without affecting your decision (es; completing the project on time, consider
activity G say)
Part 2: Now consider the uncertain duration:
Given the uncertain duration of the activities and the estimates given in Table 1, use DERT to
a) find the expected time and the variance for each activity. [10]
b) determine the corresponding critical path, the expected total duration of the project
and its corresponding variance.
c) calculate the probability of completing the project within 20 weeks.
please solve part 1 and 2
 Exercise 2[50 pts] The following vacuum cleaner company is performing the

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!