QUESTION #1 (100 points) Paper Mate Inc. is developing a more comfortable mechanical pencil named the Squishy Grip. Listed below is the work- breakdown-structure for the research and development processes at Paper Mate Inc. Map of the PERT/CPM model and determine the critical path and the number of days to complete the project. In addition, determine the probability that the project will be complete in 45 days, 50 days, and the number of days at the 85th percentile. ACTIVITY IP's Shading A NONE NONE NONE A B,D,E B,D,E F D E F G H TIME MOST 8 5 2 18 5 8 5 13 OPT. 6 4 1 8 4 7 2 12 PESS. 10 6 3 28 6 9 8 14 Furthermore, each activity along the critical path can be crashed by 2 days. The crash cost per day starts at $100.00 (cheap) for the first activity of the critical path and increases to $500.00 (expensive) for each of the additional critical activities. Determine the best crash strategy if the R&D project needs to be completed 3 days early. Then submit a 2 Paragraph project report to your boss the V.P. of R&D, Mr. Daffy Duck summarizing all your PERT/CPM results. Page 3 Answer for Question One Map of the project with the completion time and critical path clearly displayed: Please provide evidence of your "hand-written solution. Shading The Probability Analysis for the project: Please provide evidence of your "hand-written solution. Determine your "Crash Strategy": Please provide evidence of your hand-written solution. Page 4 Answer for Question One (cont.) Write a project report to the V.P. of R&D: Daffy Duck wants .... Two paragraphs that have at least a total of 10 GREAT Sentences. In addition to completion time and critical path, be sure to include you Shading on, decision and why pertaining to the project probabilities and your crash strategy Please type your answer in the space below. Page 5 Soos 8 20 2634 0 2 26 5 23 8261 23 31 31 44 3447 2634 134 470 76 26 31 LSLE 42 47 27 44 21 26 CT-347 CP7A, DEH Co2 1921 The Probability Analysis for the project: | Please provide evidence of your "hand-written solution. Page 6 Guillermo E. Montemayor