QUESTION 1

Part1. The total expected project completion time is:

A. 10 days

B. 11 days

C. 15 days

D. none of the above

Part 2. What is the effect of a delay of 1 day in distributing tickets?

A. no impact

B. the project will delay by one day

C. the project will delay by more than one day

D. same as the effect of a delay of 1 day in setting up radio ads

Part 3. What is the critical path for this project (CAN SELECT MULTIPLE)

1. A-> B -> E

2. A-> C -> E-> F -> H -> I

3. A-> C-> F-> H -> I

4. A->B->G

5.A->B->F->H->I

Part 4. Suppose each activity has a standard deviation of 0.5 days. What is the probability that the project can be completed in 10 days? (If there are multiple critical paths, then use the critical path with the largest standard deviation.)

A. .04 or less

B. More than .04 but less than .15

C. .15 or more

Part 5. What is the least costly way to crash the project in order to complete it one day earlier? (Can select multiple)

		B by 1 day
		D by 2 days
		C by 1 day
		E by 1 day
		F by 1 day
		C by 2 days

The activities summarized in the following table must be preformed by the promoter of a country music concert in Dallas. Immediate Predecessors TA Coco Activity Expected Time (in days) A. Find location B. Hire opening act C. Hire technicians D. Set up radio ads E. Distribute tickets F. Rent sound and lights 2 G. Set up newspaper ads 3 H. Hire security I. Conduct rehearsal B B e B.C | 1 H Activity Crash Cost Maximum per Day Crash Days $6000 $3000 $2000 $4500 $7000 2 $3000 $5000 2 Cannot be crashed Cannot be crashed