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Prob 3: Slattkey Sweets proposes to re-launch one of its mature brands, the Zubirot Bar. The brand manager has identified the tasks involved and produced the following information about them: 1 Activity H A B C D E F G Description Redesign the bar Redesign the packaging Build pilot production line Trial production run Consumer panel tests Main pilot production Design promotional material Test market redesigned product Produce report for the Board Predecessor Activity A, B C D E E F, G H Optimistic estimate of time (weeks) 5 3 10 --- 4 2 8 2 Most likely estimate of time (weeks) 8 4 13 1 1 6 4 10 2 Pessimistic estimate of time (weeks) 10 5 a. Construct the PERT/CPM network for this problem. b. What is the expected project completion time? What is the critical path? c. Determine the mean and the standard deviation for the product re-launch. d. Ascertain the probability that the project will be finished in 40 weeks. 16 2 1 9 5 15 3

Prob 3: Slattkey Sweets proposes to re-launch one of its mature brands, the Zubirot Bar. The brand manager has identified the tasks involved and produced the following information about them: 1 Activity H A B C D E F G Description Redesign the bar Redesign the packaging Build pilot production line Trial production run Consumer panel tests Main pilot production Design promotional material Test market redesigned product Produce report for the Board Predecessor Activity A, B C D E E F, G H Optimistic estimate of time (weeks) 5 3 10 --- 4 2 8 2 Most likely estimate of time (weeks) 8 4 13 1 1 6 4 10 2 Pessimistic estimate of time (weeks) 10 5 a. Construct the PERT/CPM network for this problem. b. What is the expected project completion time? What is the critical path? c. Determine the mean and the standard deviation for the product re-launch. d. Ascertain the probability that the project will be finished in 40 weeks. 16 2 1 9 5 15 3

Practical Management Science
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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Prob 3: Slattkey Sweets proposes to re-launch one of its mature brands, the Zubirot Bar. The brand manager has identified the tasks involved and produced the following information about them: I Activity H A B C D E F Description Redesign the bar Redesign the packaging Build pilot production line Trial production run Consumer panel tests Main pilot production Design promotional material Test market redesigned product Produce report for the Board Predecessor Activity A, B C D E E F, G H Optimistic estimate of time (weeks) 5 3 10 1 4 2 8 2 Most likely estimate of time (weeks) 8 4 13 1 1 6 4 10 2 Pessimistic estimate of time (weeks) 10 5 a. Construct the PERT/CPM network for this problem. b. What is the expected project completion time? What is the critical path? c. Determine the mean and the standard deviation for the product re-launch. d. Ascertain the probability that the project will be finished in 40 weeks. 16 2 1 9 5 15 3
Transcribed Image Text:Prob 3: Slattkey Sweets proposes to re-launch one of its mature brands, the Zubirot Bar. The brand manager has identified the tasks involved and produced the following information about them: I Activity H A B C D E F Description Redesign the bar Redesign the packaging Build pilot production line Trial production run Consumer panel tests Main pilot production Design promotional material Test market redesigned product Produce report for the Board Predecessor Activity A, B C D E E F, G H Optimistic estimate of time (weeks) 5 3 10 1 4 2 8 2 Most likely estimate of time (weeks) 8 4 13 1 1 6 4 10 2 Pessimistic estimate of time (weeks) 10 5 a. Construct the PERT/CPM network for this problem. b. What is the expected project completion time? What is the critical path? c. Determine the mean and the standard deviation for the product re-launch. d. Ascertain the probability that the project will be finished in 40 weeks. 16 2 1 9 5 15 3
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