Need help solving these two A and B. Complete the following table, determine the expected time of completion assuming that the project starts atweek 0 (zero) and identify the critical path for this project. Demonstrate all your calculations.ActivityActivity DescriptionESEFLSLFSlackOn CriticalPath?Yes or No1Locate new facilitiesOrder furniture3Interview prospective staffHire and train staff4Remodel facilities6.Receive and set up furnitureMove in and start upCriteriaRatingsPtsFEB28tvw司 Problem #2- Freeze Inc. is planning the implementation of a new sales offices in the Tampa - FL area for its growing air conditioningbusiness and have identified activities and their immediate predecessors for this project as follows:p: PessimisticTime (weeks)m: Most Likelya: OptimisticTime (weeks)ActivityActivity DescriptionImmediatePredecessorsTime (weeks)Locate new facilitiesNone8.12Order furniture133.Interview prospective staffHire and train staffNone2104.3.8155.Remodel facilities1018Receive and set up furnitureMove in and start up224, 5, 6111Draw the Activity-on-Node (AON) diagram using the following representation for every node:ActivityDescriptionESExpectedTimeEFLSLFSlack

ES = maximum (EF of all immediate predecessor) EF = ES + duration Minimum project duration = largest…

Answered: Problem #2-Freeze Inc. is planning the…

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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The manager of the Oak Hills Swimming Club is planning the club’s swimming team program. The first team practice is scheduled for May 1. The activities, their immediate predecessors, and the activity time estimates (in weeks) are as follows: Time (in weeks) Activity Description Immediate Predecessor Optimistic Most Probable Pessimistic A Meet with board ------ 1 1 2 B Hire coaches A 4 6 8 C Reserve pool A 2 4 6 D Announce Program B, C 1 2 3 E Meet with Coaches B 2 3 4 F Order Team Suits A 1 2 3 G Register Swimmers D 1 2 3 H Collect Fees G 1 2 3 I Plan first practice E, H, F 1 1 1 a) What is the critical path? b) What is the project expected time? c) What is the probability of completing in 13…
The manager of the Oak Hills Swimming Club is planning the club’s swimming team program. The first team practice is scheduled for May 1. The activities, their immediate predecessors, and the activity time estimates (in weeks) are as follows: Time (in weeks) Activity Description Immediate Predecessor Optimistic Most Probable Pessimistic A Meet with board ------ 1 1 2 B Hire coaches A 4 6 8 C Reserve pool A 2 4 6 D Announce Program B, C 1 2 3 E Meet with Coaches B 2 3 4 F Order Team Suits A 1 2 3 G Register Swimmers D 1 2 3 H Collect Fees G 1 2 3 I Plan first practice E, H, F 1 1 1 b) What is the project expected time? c) What is the probability of completing in 13 weeks? d) What is the…
At a local university, the Student Commission on Programming and Entertainment (SCOPE) is preparing to host its first rock concert of the school year. To successfully produce this rock concert, SCOPE has listed the requisite activities and related information in the following table (duration estimates measured in days). Immediate Most Activity Predecessor(s) Optimistic Probable Pessimistic A: Negotiate contract with - 10 11 12 selected musicians B: Reserve site - 8 10 12 C: Manage travel logistics A 2 7 9 for music group D: Screen & hire B 4 5 6 security personnel E: Arrange advertising C 7 7 7 & ticketing F: Hire parking staff A, D 8 9 16 G: Arrange concession sales E 6 7 11
At a local university, the Student Commission on Programming and Entertainment (SCOPE) is preparing to host its first rock concert of the school year. To successfully produce this rock concert, SCOPE has listed the requisite activities and related information in the following table (duration estimates measured in days). Immediate Most Activity Predecessor(s) Optimistic Probable Pessimistic A: Negotiate contract with - 10 11 12 selected musicians B: Reserve site - 8 10 12 C: Manage travel logistics A 2 7 9 for music group D: Screen & hire B 4 5 6 security personnel E: Arrange advertising C 7 7 7 & ticketing F: Hire parking staff A, D 8 9 16 G: Arrange concession sales E 6 7 11 Which project network is correct? IMG is attached Compute the expected duration and variance of each activity. If required, round your answer to two decimals. If your answer is zero, enter “0”.…
8.35 Emerson Electric is considering the purchase of equipment that will allow the company to manufacture a new line of wireless devices for home appliance control. The first cost will be $80,000 and the life estimated is 6 years with a salvage value of $10,000. Three different salespeople have provided estimates regarding the added revenue the equipment will generate. Salespersons 1,2, and 3 have made estimates of $10,000, $16,000, and $18,000 per year, respectively. If the company's MARR is 8% per year, use a PW=based relation to perform a sensitivity analysis to assist in the decision to purchase the equipment. This question is in four parts. Part 4: Based on the results of the sensitivity analysis using three different salespeople's estimate of added revenue, what can you conclude about this purchase? The decision to purchase the equipment is sensitive to revenue estimates. Recommend the purchase of the equipment.. Do not recommend the purchase of the equipment..
How Can You Get to a Backlog of over 100 Projects? There are never enough resources to get everything done." Backlogs build over time. Sacred cow projects get included in the selection system. Projects proposed from people who have left the airline stil reside in the project portfolio. Non-value-added projects somehow make their way into the project portfolio. Soon the queue gets longer. With everyone in IT working on too many projects concurrently, project completion and productivity are slow. Which Projects Remain? To cut the number of projects, the steering committee used a weighting scheme that reflected the airline's priorities, which were: fly safe, generate revenue, reduce costs, and customer service. The weighting scheme easily weeded out the fluff. Coady noted that "by the time you get to the 20s the margin of differentiation gets narrower and narrower." Of the remaining projects, project sponsors had to have solid justification why their project is important. Reduction of the…
1.The chief engineer of firm XYZ is responsible for supervising the construction work of a road. He has identified the activities and their durations for each stage of operation. Activity Duration (days) Preceding activities A 5 - B 10 - C 1 - D 8 B E 10 B F 9 B G 3 A,D H 7 A,D I 4 F J 3 F K 5 C,J L 8 H,E,I,K M 4 CJ Draw a network diagram (AOA) for this road construction project. Which are the critical activities? How long the project will take?
The expected times and variances for the activities for a project for Test Marketers, Inc. are given below. (Assume time is provided in days.) ID 12345678 Description Pilot production Select channels of distrib. Develop mktg. program Test market Patent Full production Ad promotion Release Predecessor None None None 1 1 4 3 2,5,6,7 t₂ 6 7 4 4 10 16 3 2 Varlance [(b-a)/6]² 34225221 10
V what is feasibility Report ?Define when and why we need it And also define who prepare this document.
3.8 Roger Ginde is developing a program in supply chain management certification for managers. Ginde has listed a num- ber of activities that must be completed before a training program of this nature could be conducted. The activities, immediate pre- decessors, and times appear in the accompanying table: a) DrawtheappropriateAONPERTdiagramforJ.C.Howard’s management team. b) Find the critical path. c) What is the project completion time? • • 3.11 The following is a table of activities associated with a project at Rafay Ishfaq’s software firm in Chicago, their dura- tions, and what activities each must precede: ACTIVITY DURATION (WEEKS) PRECEDES A (start) 1 B, C B 1 E C 4 F E 2 F F (end) 2 — ACTIVITY IMMEDIATE PREDECESSOR(S) TIME (DAYS) A — 2 B — 5 C — 1 D B…
Ross Hopkins, president of Hopkins Hospitality, has developed the tasks, durations, and predecessor relationships in the following table for building new motels. Draw the AON network and answer the questions that follow. Time Estimates (In weeks) Optimistic(a) Most Activity Immediate predecessor(s) Pessimistic likely(b) | (m) A 4 8. 10 В A 8. 24 C A 8. 12 16 D A 4 6. 10 E B 1 2 3 F E,C 8. 20 G E,C F 3 4 2 2 F 6. 6. 6. J D,J,H 4 6. 12 K I,J 2 3 1. What is the expected (estimated) time for each activity? 2. Based on the calculation of estimated times, what is the critical path? 3. What is the estimated time of the critical path? 4. What is the activity variance along the critical path? 5. What is the probability of completion of the project before a week 46?
Angel healthcare Ltd., has 2 investment opportunities, each costing $120000 and each have expected profit as shown below: Years Project "A' Project "B' ($) ($) 1 40000 30000 2 30000 40000 3 20000 35000 4 15000 30000 Year 1 2 3 PVIF @ 10% 0.909 0.826 0.751 4 0.683 Compute NPV & Profitability Index, Suggest which Project to be preffered at 10%cost of capital

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