Question 1 only.The following is a network for a process in the accounts payable department. 1) The

   

 Question 1 only.The following is a network for a process in the accounts payable department.

  

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1) The following is a network diagram for a process in the accounts payable department. RECEPTION Activity Reception Clerical CLERICAL Normal Time 0.5 hours 4.0 Accounting 6.0 Inspection 2.0 Reporting 6.0 Payment 2.0 Closing 3.0 ACCOUNTING INSPECTION Normal Cost $ 10 100 60 50 100 100 100 4.0 1.0 2.0 1.0 REPORTING Crash Time 0.4 hours 2.0 2.0 PAYMENT CLOSING Crash Cost $ 20 $300 100 75 200 200 500 a) What is the critical path? How long is it? b) What is the least expensive way to shorten the critical path by 1 hour? c) What is the least expensive way to shorten the critical path by 4 hours? d) What is the 68% Confidence Interval for completing the critical path? e) Draw a Gantt Chart for this process. f) What is the relevance of PERT/CPM? Sigma 0.2 0.2 0.4 1.0 1.0 1.0 1.0 2) An urgent health care center is experiencing declining business while other similar bus same area are thriving. Develop a Six Sigma program to improve results. Describe the to would use in each step. How would you anticipate problems and their causes? 1) The following is a network diagram for a process in the accounts payable department. RECEPTION Activity Reception Clerical CLERICAL Normal Time 0.5 hours 4.0 Accounting 6.0 Inspection 2.0 Reporting 6.0 Payment 2.0 Closing 3.0 ACCOUNTING INSPECTION Normal Cost $ 10 100 60 50 100 100 100 4.0 1.0 2.0 1.0 REPORTING Crash Time 0.4 hours 2.0 2.0 PAYMENT CLOSING Crash Cost $ 20 $300 100 75 200 200 500 a) What is the critical path? How long is it? b) What is the least expensive way to shorten the critical path by 1 hour? c) What is the least expensive way to shorten the critical path by 4 hours? d) What is the 68% Confidence Interval for completing the critical path? e) Draw a Gantt Chart for this process. f) What is the relevance of PERT/CPM? Sigma 0.2 0.2 0.4 1.0 1.0 1.0 1.0 2) An urgent health care center is experiencing declining business while other similar bus same area are thriving. Develop a Six Sigma program to improve results. Describe the to would use in each step. How would you anticipate problems and their causes?

Answer rating: 100% (QA)

a The critical path is the longest path through the network diagram which determines the minimum time required to complete the project It is determined by adding the durations of the activities on the ... View the full answer