Question 1The longest time period you can go without updating a schedule is no more than 3weeks.TrueFalseQuestion 2 0Network Loop is the process by which relationships between activities are created.Activities are linked finish-to-start start-to-start, finish -to -finish, or start-to-finishand can include lag or lead times.TrueFalseQuestion 3A constraint is a restriction imposed on the start date, finish date or other aspect ofan activity. Constraints are used to prescribe limitations on the schedule based onexternal conditions such as contractual restrictions or imposed float requirements.TrueFalse

Some huge projects, for instance in the development or safeguard ventures, have committed project…

Answered: Question 1 The longest time period you…

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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work i Problem 4-17 (Algo) Schedule of cash receipts [LO4-2] J.Lo's Clothiers has forecast credit sales for the fourth quarter of the year: BI 5 W September (actual) October November December F2 Experience has shown that 15 percent of sales are collected in the month of sale, 65 percent are collected in the following month, and 20 percent are never collected. Prepare a schedule of cash receipts for J. Lo's Clothiers covering the fourth quarter (October through December). Credit sales Collections: In month of sales One month after sales Total cash receipts Fourth Quarter A+ #♡ 3 E LUI F3 O X S 4 F4 R $ 51,000 $ 41,000 36,000 61,000 LL *- J. Lo's Clothiers September 5 F5 % |V T + G F6 ( October Q Search Y B F7 & 7 H November F10 F11 28 L F12 P Y'S: V Insert + 11 ( t €
Scheduling at Hard Rock Café Whether it's scheduling nurses at Mayo Clinic, pilots at Southwest Airlines, classrooms at UCLA, or servers at a Hard Rock Cafe, it's clear that good scheduling is important. Proper schedules use an organization's assets (1) more effectively, by serving customers promptly, and (2) more efficiently, by lowering costs. Hard Rock Cafe at Universal Studios, Orlando, is the world's largest restaurant, with 1,100 seats on two main levels. With typical turnover of employees in the restaurant industry at 80% to 100% per year, Hard Rock General Manager Ken Hoffman takes scheduling very seriously. Hoffman wants his 160 servers to be effective, but he also wants to treat them fairly. He has done so with scheduling software and flexibility that has in- creased productivity while contributing to turnover that is half the industry average. His goal is to find the fine balance that gives employees financially productive daily work shifts while setting the schedule tight…
Slack guns for each of the activities
What is Determining slack (or Float) Explain briefly with examples
mestion Completion Status: The Hilton Hotel at Dallas has 100 total rooms available for Dec 31. There are two types of customers, business customers and leisure customers. Hilton charges a high rate of $300/night and a low rate of $120/night. High-rate guests do not need pre-booking and has time flexibilities; low-rate guests need pre booking. Assume businesSS customers always take the high rate option and leisure customers always take the low rate option. Leisure customers always book far earlier before business customers and there are. sufficient leisure customers. The total number of business customers is uncertain, and its demand distribution for business customers on Dec 31st is given in the following table: Number of business customers Probability 56 0.06 57 0.03 58 0.12 59 014. 60 0.2 61 0.16 62 0.14 63 0. How many rooms should Hilton sell in advance to maximize its revenue? 39 O a. b 40 ard" ヘ a
Q5(a) Wonderloaf Bakery has orders for five specialty jobs A, B, C, D, and E that must be processed sequentially through two work centers baking and decoration. The amount of time in hours required for the jobs is shown in Table Q5(a). Determine the schedule sequence that minimizes the total elapsed time for five jobs using the following techniques; (i) Critical ratio; (ii) Johnson's Rule; Table Q5(a) Job (Orders Received) Processing time(hrs) Baking Hours remaining Decoration A 13 3 в 18 4 17 8 2 D 15 7 4 E 22 6 10
What are the advantages of backward scheduling?
A soap manufacturing company is planning to advertise in various channel to enhance its brand recall value. It has three different goals based on customer segments: • Priority 1: at least 65 million high-income men (HIM) Priority 2: at least 72 million high income women (HIW) Priority 3: at least 70 million low income people (LIP) As a matter of policy, the company requires at least 2 ads to be placed on sports, news and drama channels. No more than 10 ads can be placed in a single channel. Total advertisement budget is Rs. 700000.Advertisement viewing data is shown in the following table: Ad Channel HIM HIW LIP Cost Sports Game Show 7 4 8 120000 3 5 6 40000 News 3 50000 Sitcom 4 5 7 40000 Drama 8 60000 Soap Opera 3 4 5 40000
B. Match between column A and column B (14 Marks) A Breakeven point method Indirect cost PERT Calculate schedule Classification by Variability Depreciation and administrative expenses Project Planning/Scheduling Total float Provides contingency Difficult to establish and maintain for a large project Probability of completion before a specified date slack time СРМ Gantt Chart
what equation did you use? to get the earliest start time and latest start time and slack
can u get the bcwp, bcws, schedule performance index, cost performance index (in a table) 58 weeks time framework completion= not yet started
What is the aim of a scheduling planning and monitoring system?

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Question 1 The longest time period you can go without updating a schedule is no more than 3 weeks. True False Question 2