Calculate early start, early finish, late start, late finish, and float for each of the activities in theproject schedule network below. The duration of each activity is given.DENT"Use the table below to complete the problem:Aearly startearly finish.late startlate finishfloat?BCDE

Answered: Calculate early start, early finish,…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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In one of the little-known battles of the Civil War, General Tecumseh Beauregard lost the Third Battle of Bull Run because his preparations were not complete when the enemy attacked. If the critical path method had been available, the general could have planned better. Suppose that the following planning network, with activity times in days, had been available: Determine the earliest and latest activity times and the activity slack for the network. Indicate the critical path and the time between the general’s receipt of battle orders and the onset of battle.
You are the project manager of the software installationproject in Table 7.12. You would like to find the minimum-costschedule for your project. There is a $1,000-per-week penaltyfor each week the project is delayed beyond week 25. In addi-tion, your project team determined that indirect project costsare $2,500 per week.a. What would be your target completion week?b. How much would you save in total project costs with yourschedule?
Using the information given and the project completiontime calculated in Problem 9(a), reduce the completion time ofthe project by 3 weeks in the most economical way.
Chuck’s Custom Boats (CCB) builds luxury yachts to customer order. CCB has landed a contract with a wealthy customer. Relevant data are shown in the table below. The complication is that the customer wants delivery in 32 weeks or he will impose a penalty of $375 for each week his yacht is late. Activity Immediate Predecessor Normal Time (NT) Weeks Crashing Cost 1st Week 2nd Week A ― 9 $410 $415 B A 7 125 -- C A 5 45 45 D B 4 300 350 E C 6 50 -- F D, E 5 200 225 G F 8 -- -- H F 7 85 90 I G 6 90 -- Construct a network diagram for the project Indicate the critical path when normal activity times are used. Develop a crashing schedule. Note: No activity can be crashed more than two weeks. Show breakdown of work
The table below contains data for the installation of new equipment in a manufacturing process for a steel corporation. Your company is responsible for the installation project. Indirect costs are $6,000 per week, and a penalty cost of $10,000 per week will be incurred by your company for every week the project is delayed beyond week 15. Activity Immediate Predecessor(s) Normal Time (weeks) Crash Time (weeks) Normal Cost ($) Crash Cost ($) A None 2 1 7,000 10,000 B None 2 2 3,000 3,000 C A 3 1 12,000 40,000 D B 3 2 12,000 28,000 E C 1 1 8,000 8,000 F D, E 5 3 5,000 15,000 G E 3 2 9,000 18,000 H F, G 8 6 14,000 32,000 Construct a network diagram for the project. What are the project completion time and the total cost under normal conditions? What is the shortest time duration for this project regardless of cost? What is the resulting total cost? What is the…
We must discuss the schedulers. Can you explain the goals of a planner who takes the intermediate term into account?
The Peabody Coal Corporation recently completed the final feasibility report for a new general ledger accounting system. It has hired a consulting firm to program and install the new system. The consulting firm is charging $350,000 for the remaining tasks to be performed. These tasks are to be performed over the next 10 months as detailed in the Gantt chart in the diagram. The consulting firm is extremely concerned with the project staying on schedule because it is receiving a flat fee. The release of the final payment is contingent upon the system performing as stated in the contract and upon Peabody receiving appropriate documentation of the system.Requireda. Prepare a PERT diagram and indicate the critical path.b. What happens to the time frame of the implementation of the project if the manufacturer is 4 weeks late shipping the hardware?c. What happens if the data conversion does not go smoothly and takes an additional 3 weeks? d. Who should conduct the postimplementation review?…
for the following project, assume the quantity for the project Equal 37, use LSM to determine the finish date for the project. Productio Activity IPA n Rate Relation [Day/m] A 1 В A 3 FF 2 SS Answer:
8 EARNED VALUE ANALYSIS The following project is reported to be at the end of its 8 week. Find the cost and schedule variances. Also find the CPI, SPI, CSI, ETC and EAC for the project. Find the condition of the project at the this reporting period. PV AC Budget ($) Duration Actual Cost % D-8 Activity Predecessor (s) (week) ($) Complete 300 400 A 3 100 A3 В 4 200 180 100 B:4 C 7 250 300 90 A 8 600 400 50 400 200 В 40 150 180 F В 4 100 G C 4 100 200 40 500 H D, E 2 300 F, G 3 J H, I 1 100 ㅇ CO 프 (-)
Construct an activity network diagram using Table 3a. Activity A B C D E F G Predecessors - - A A,B D C,E E Expected Time(WKS) 7 9 12 8 9 6 5 Table 3a Activity Durations and relationship Conduct a forward and backwards pass for the activity network diagram that you have constructed and identify the critical path and its duration. Calculate the slack on all of the activities, and proceed to analyze how knowing the slacks can help to manage schedule risk the a project 3b. Assuming that there is the risk of exceeding the project schedule baseline for 7 weeks, critically evaluates the options available that could be used to bring the project on track
Due to population growth in the area, the new Liberty High School has just opened in a local school district. The athletic director at Liberty High is planning the launch of the school's track and field team. The first team practice is scheduled for April 1. The activities, their immediate predecessors, and the activity time estimates (in weeks) are listed in the following table. Time (Weeks) Activity Description ImmediatePredecessor Optimistic Most Probable Pessimistic A Meet with board 1 1 2 B Hire coaches A 4 6 8 C Conduct fundraiser A 2 4 6 D Announce program B, C 1 2 3 E Meet with coaches B 2 3 4 F Order team equipment A 1 2 3 G Register athletes D 1 2 3 H Reserve buses for meets G 1 2 3 I Plan first practice E, H, F 1 1 1 (a) Draw a project network. (b) Develop an activity schedule. (Round your answers to two decimal places.) (c) What are the critical activities? (Enter your answers as a comma-separated list.) What is the expected project…
Due to population growth in the area, the new Liberty High School has just opened in a local school district. The athletic director at Liberty High is planning the launch of the school's track and field team. The first team practice is scheduled for April 1. The activities, their immediate predecessors, and the activity time estimates (in weeks) are listed in the following table. Time (Weeks) Activity Description ImmediatePredecessor Optimistic Most Probable Pessimistic A Meet with board 1 1 2 B Hire coaches A 4 6 8 C Conduct fundraiser A 2 4 6 D Announce program B, C 1 2 3 E Meet with coaches B 2 3 4 F Order team equipment A 1 2 3 G Register athletes D 1 2 3 H Reserve buses for meets G 1 2 3 I Plan first practice E, H, F 1 1 1 (a) Draw a project network. A project network with 11 activities and 13 directed arcs is shown. Activity Start is connected to activity A. Activity A is connected to activity B, to activity C, and to activity F. Activity B…

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