2. Answer the following questions based on the chart. What is the critical path based on 0 float times? b. Which activities have float times? c. Can resource from activity B be used to help activity C? Why? d. Can resource from activity D be used to help activity F? Why?
Q: Determine the lot sizing technique that has the minimum cost given the following gross requirements…
A: Minimum cost solution is obtained by Economic Order Quantity method. Here six weeks data is given,…
Q: What are the benefits of global strategy if John is to pursue Cost reduction Improved Quality of…
A: The case of John, a manufacturer with a business in the Caribbean, is discussed in the question…
Q: a) Is the transformation of an organization to cost leadership a procurement responsibility, or a…
A: (a) Procurement and other functional divisions of the firm often share responsibilities for…
Q: The company’s marketing manager estimates that there is a 60% chance that demand will rise faster…
A: Payoff table-
Q: Tuff-Rider, Inc., manufactures touring bikes and mountain bikes in a variety of frame sizes, colors,…
A: The above given question is to forecast the number of workstations required. Forecasting alludes to…
Q: Consider a manufacturing process depicted by the following flowchart. flowchart Station A has 3…
A: Given data: Process time of station A1, A2, and A3 =12 minutes Process time of station B = 14…
Q: Does process capability match product needs matter?
A: To fulfil customer expectations and achieve quality and consistency in product output, it is crucial…
Q: Steve Jobs recommended that entrepreneurs "live widely". Jean-Baptiste Say stated that "The…
A: Israel Kirzner is an economist known for his contributions to the Austrian School of Economics.…
Q: a) Determine the type of fraud committed and describe the symptoms of fraud that might be evident to…
A: The provided excerpt tells the tale of Sharp, a bookkeeper employed by John Travolta, the proprietor…
Q: Use the information in table below. The table shows the process for paying tuition at a major…
A: The capacity for an activity in PERT refers to the quantity of resources (including personnel,…
Q: Jamison Kovach Supply Company manufactures paper clips and other office products. Although…
A: Given-
Q: Station 1 Machine A 20 min/unit Note: Station 1 Machine B 20 min/unit Station 2 12 min/unit Station…
A: To find: The process time of the system measured in the minutes/unit. Given: The process time for…
Q: 1) A mechanistic structure is highly suitable for an organization operating in an environment with…
A: As per Bartleby guidelines, we can only solve one question at a time...Kindly upload the other…
Q: A company produces two products. The relevant data is shown below: Product 1 Suppose that Demand…
A: To find the optimum order quantity for each product and the minimum total cost, we can use the…
Q: Why Purchasing must Become Supply Management ? What is Classifying Purchasing Materials…
A: The field of supply chain management and the question above is connected. Although supply chain…
Q: Formulate the model to maximize the profit. Solve the problem graphically. What is the optimal…
A: Here, I would formulate the LP for the given situation, Decision variables: The number of Par rider…
Q: explain these Weakness The company have limited international presence and lack of presence in…
A: ANSWER : 1) The company has limited international presence and lack presence in new markets. This…
Q: A California grower has a 50-acre farm on which to plant strawberries and tomatoes. The grower has…
A: Let number of acres of strawberries = X Let number of acres of tomatoes = Y Maximize Z = 400X +…
Q: Large-scale integrated (LSI) circuit chips are made in one department of an electronics firm. These…
A: Given- Acceptable Quality Level, (AQL) = 17% = 0.17Lot Tolerance Percent Defective (LTPD) = 47% =…
Q: How do the PESTEL factors (Political, Economic, Social, Technological, Environmental, and Legal)…
A: The PESTEL factors (Political, Economic, Social, Technological, Environmental, and Legal) can have a…
Q: Sales of tablet computers at Marika Gonzalez's electronics store in Washington, D.C., over the past…
A: Exponential smoothing is a crucial technique of forecasting which is used for weighted average for…
Q: How do you cope up with Lack of service inventories when your are trying to maintain a business?
A: Inventory management is the process of ordering, storing, using, and selling the inventory of the…
Q: Which of the following level of operational risks relates to model errors and losses arising from…
A: Introduction Operational risk refers to the potential for losses resulting from inadequate or failed…
Q: A partial relative frequency distribution is given. Class A B C D (a) What is the relative frequency…
A: (a) Calculate relative frequency of class D Sample size = 400 Class Relative frequency A 0.22…
Q: Explain in brief ‘Management’ as an activity?
A: Management, as a practice, is keeping tabs on every facet of an organization throughout the course…
Q: Business continuity planning differs from disaster recovery.
A: Business continuity planning (BCP) is a proactive strategy that concentrates on identifying and…
Q: As supply chains have become more global, the risk of supply disruptions has: Increased because…
A: ANSWER:1 "Increased because emerging economies lack the established countries' commercial ethics."…
Q: Learn the differences between functional, matrix, and project structures. Specify the effects of…
A: The organization of a company's workforce, resources, and work procedures is called its…
Q: Please explain (show the work) how to enter the information in EXCEL to create the chart and please…
A: Given-
Q: PP.52 A manufacturer of solid state drives (SSDs) has projected the next six months of demand to be…
A: Chase plan means producing only as much required i.e. keeping the inventory to minimum levels i.e.…
Q: The number of accidents in a manufacturing plant has increased every year. Most accidents are due to…
A: The BEST first step when applying systemic thinking to solve the problem of increasing accidents in…
Q: a) Define inventory management.
A: The planning, organization, and control of a company's inventory of raw materials, work-in-progress,…
Q: The options for remedying a cost disadvantage associated with activities performed by forward…
A: Option A = This is incorrect option because switching to lower priced substitutes can help to reduce…
Q: Describe the many ways in which putting an ERM plan into action will result in a rise in the amount…
A: The query focuses on Enterprise Risk Management (ERM) and how it could affect how well a business is…
Q: Station 1 6 min/unit Machine A 15 min/unit 6 minutes 20 minutes 91 minutes 226 minutes Station 2…
A: Ans) Cycle Time is defined as the time taken by one unit from Start to End position. Station 1 time…
Q: a) The expected (estimated) time for activity C is 13.33 weeks. (Round your response to two…
A: A network diagram shows the sequence of the task that is done to complete a project. It usually…
Q: Why do we distinguish service and production processes?
A: No matter the size, industry, or sector of the business, the design and management of processes are…
Q: Please explain any two advances in computer technology that have led to the increased productivity…
A: Technology is something delightful and it comes a seriously long way throughout the long term. One…
Q: d. What is the efficiency of your line balance? Use the theoretical minimum number of workstations…
A: CT = Production time/Demand CT = 60/15 CT = 4.0 minutes
Q: The WBS follows a Parent-Child relationship. What is the parent of the work package? The project…
A: WBS is a Work Breakdown Structure. It represents the Parent-Child relationship.There are following…
Q: You may need to use the appropriate technology to answer this question. Blue Lagoon is a contractor…
A: First we will calculate some details. Those are given in below tables along with formulas: Formula:…
Q: What is the imortance of workplace training? What are the benefits and downfall of training…
A: Workplace training is important in light of multiple factors: Enhances Employee Skills: Workplace…
Q: The following time series represents the number of automobiles sold by a car dealership each of the…
A: Given-
Q: In your opinion, how does the practice of benchmarking affect the performance of a company? Justify…
A: Comparing a company's performance, policies, and procedures to those of its rivals or industry…
Q: Research cloud computing pros and cons. What are the financial pros and cons of cloud-based company…
A: Introduction: Cloud-based operations refer to the use of cloud computing technologies to manage and…
Q: You are given the quarterly demand (in units) of a product for Year 1 through Year 7. It has been…
A: Year 1 Quarter 1 Period = 1 Year 1 Quarter 2 2 Year 1 Quarter 3 3 Year 1 Quarter 4…
Q: Often the normative objective function of the financial manager and social responsibility are…
A: As your business develops and creates more profits, you could want to contribute back to your local…
Q: true or false To combine research from different fields or locations and to accelerate the…
A: The term research in a broad sense refers to discovering and exploration in a new field to gain…
Q: One-Eyed Toad Pottery makes custom planters for up-scale clients. The average demand for planters is…
A: Weekly demand = 20 Annual demand (D) = 20*52 = 1040 Ordering cost (S) = $1500 Holding cost (H) =…
Q: Describes Two Types of Control Systems; How Could These Benefit Users of Project Ideas?
A: The technique of starting, planning, carrying out, controlling, and concluding a team's work in…
Trending now
This is a popular solution!
Step by step
Solved in 2 steps with 2 images
- Develop a CPM diagram for the activities/relationships listed below (assumedurations are in months). For each activity calculate the Early Start, Late Start, EarlyFinish, Late Finish, Total Float, and Free Float. Clearly identify the critical path forthe project (hint: a highlighter would be a good tool to use) How do you solve this? I don't understand how it's done.PERT/CPM HOMEWORK (MOD 10) In the table below, you will see activities and times associated with each activity. Review the PowerPoint slides in Module 10 , before you start this assignment. Task Preceding Tasks to (optimistic) tm (most likely) tp (pessimistic) A NONE 2 3 10 B NONE 2 3 4 C A 1 2 3 D A 4 6 14 E B 4 5 12 F C 3 4 5 G D,E 1 1 7 1.) Draw the network using the table above. Make sure all 4 values (ES, EF, LS, LF) are listed on the network. 2.) What is the slack for each activity? What is the critical path? Show ALL of your work! 3.) Find the expected project completion time. What is the project variance? 4.) What is the probability that it would be in more than 14 days? Show ALL of your work. *The circle diagram picture is just an example of how it should look it is not apart of the problem in the chartYou have been assigned a project and in your preliminary planning you have developed table 2 below, it outlines eight activities (A to H) that must be completed. For each activity you have obtained the estimated duration, cost per day and the prior task(s). Activity A B с D E F G H Z Duration (days) 3 4 12 6 16 15 Cost/week ($) 2500 6000 3000 10000 15000 10000 7 8 0 Prior Tasks None B, D C, E E, F,G 0 All *Assume that there are five (5) workdays in each week Table 2 2000 2500 A A, B A, B D Using the information provided: a) Create a network diagram for the project. b) Construct a Gantt Chart for the project. c) Determine the minimum time in which the project can be completed. 1
- Given the following activity duration and field report, calculate the ACWP, BCWP, BCWS, CPI, CV, SPI, and SV. Also, project the estimated budget at completion and the estimated project duration. Feel free to use the Excel spreadsheet example and plug the new numbers in. Activity Predecessor Duration Cost/Day Total Cost A B U D E F Activity A B с D E A F B D D Actual % Completion 100 100 50 50 2 0 3 4 4 3 2 Field Report at the end of Day 5 Incurred Costs 400 1000 500 900 200 0 300 300 400 300 200 400 900 1200 1600 900 400A T= 4 T= 3 F T= 3 T= 3 D E G T= 1 T= 2 T= 2 The network diagram of a project along with the activity durations (T) is given in the figure. Which activities form one of the critical paths? @orsdemir. Copyrighted Content. Cannot be posted. CDEG O ABF О СВF O CF O None of theseConsider the project described in the table below: Activity Duration A B C D E F G H 9 4 8 8 5 7 4 6 OEST-9 and LCT = 15 OEST=9 and LCT = 13 Immediate Predecessor What is the earliest start time (EST) and latest completion time (LCT) of activity B? OEST=9 and LCT = 20 OEST-9 and LCT-17 - A A A B B,C C,D E,F,G
- there are four project baselines. Scope baseline Schedule baseline Cost baseline Performance measurement baseline Pick one of the baselines above, explain it, and tell us how it is applied to monitor and control a project. If possible, use the Getta Byte Project to provide examples.The following activities are part of a project to be scheduled using CPM: TIME (WEEKS) 7 6 ACTIVITY IMMEDIATE PREDECESSOR A BCDEFG O A-C-D-E-G O A-B-E-G O A-C-D-F-G O A-B-D-F-G AACB A Number of weeks A b. What is the critical path? B, D D E, F 24346 c. How many weeks will it take to complete the project?Consider a project to produce custom door moldings for GMC Acadia cross-over vehicles, described in the following table. Activity Time (weeks) 0 3 5 1 3 6 10 2 0 a. If you start the project immediately, when will it be finished? The critical path is path and the project duration is Activity START ABCDEFG FINISH Immediate Predecessor(s) weeks. (Enter your response as an integer.) START START BA A, B D, E C, E F, G
- Earned value analysis is the project management tool that is used to measure project progress. You are a project manager in company XYZ that responsible to handling the packaging machine project with the total cost budgeting is RM100,000. There are including RM24,000 (Design), RM60,000 (build) and RM16,000 (install & test). The information regarding on the project progress development in weeks 8 as shown in Table 2 below: No Type Cumulative Budgeted Cost (CBC) 2 Cumulative Actual Cost (CAC) Cumulative Earned Value (CEV) 1 3 TOTAL RM i. ii. iii. iv. 64,000 68,000 54,000 100,000 Percentage 64.0 Cost performance Index (CPI) [hint: CEV/CAC] Cost variance (VC) [hint: CEV-CAC] 68.0 54.0 a) Based on question 2(a), calculate and elaborate the various of indicators of cost performance for this project based on the respective below: 100.0 Forecasted cost of completion (FCAC) with action taken [hint: TBC/CPI] Forecasted cost of completion (FCAC) without any action taken [hint: CAC + [TBC-CEV]scenarios of a project activities (tables given below) and their required times to be completed in addition to their predecessors for developing a Website' : Activity Description Duration (days) Preceding Activities A Determine user needs 8 Review s/w and languages Purchase software 10 Design format and style 10 E Write programs A F Review outcome product with user 12 G Make revisions 4 C H Select server site E I Install on server 14 D, F Test G, H, I 5. Calculate the slack time of the non-critical path activities 6. Identify the critical path (highlight critical path activities) 7. what would happen if activity D revised to take 14 instead of 10 days?The following represents a project that should be scheduled using CPM: ACTIVITY A B C D E F G H IMMEDIATE PREDECESSORS A A B C, D D, E F,G b. What is the critical path? ⒸA-D-G-H OB-E-G-H ⒸA-C-F-H A-D-F-H Probability TIMES (DAYS) b Project completion time a 1 1 2 1 1 3 1 2 m 2 2 2 8 2 4 3 3 6 9 11 9 3 c. What is the expected project completion time? Note: Do not round intermediate calculations. Round your answer to 3 decimal places. 11 11 11 X Answer is not complete. days d. What is the probability of completing this project within 19 days? Note: Use Excel's NORM.S.DIST function to find the correct probability for your computed Z value. Do not round intermediate calculations. Round Z value to 2 decimal places and final answer to 4 decimal places.