Draw a project network diagram

Assignment Help Accounting Basics
Reference no: EM131090552

2. Jacksonville Bike Shop is behind on a custom bike and needs to crash 1 day of time from the 6-step project. Given the project table below answer the following questions. Suppose this shop calls the customer and asks for a project extension, reducing the amount of time she/he needs to crash. [Note: The project can be speeded up (or "crashed") by spending more money on each activity. For example, activity A currently takes 10 days, but can be reduced to either 9 days or 8 days at additional costs.]

(a) Draw a project network diagram, including activity durations. (Please show all the activities from the starting point to the end.) You may use either AON (Activity On Node) or AOA (Activity On Arrow).

(b) What is the Critical Path in the network?

(c) What is the Project Completion Time?

(d) What is the maximum possible reduction time (indays) for the activity C?

(e) What is the slack time (in days) associated with any and all non-critical paths through the project? If activity D were delayed by two time units (days), what would happen to the entire project duration?

(Please show all your work. You may compute the slack time using ES, EF, LS, and LF.)

(f) Which activities should be crashed, and how much is the minimum additional cost, if the objective is to minimize the total crashing costs, while meeting the deadline of 30 weeks? (Please show all your work.)

Activity

Immediate Predecessors

Normal Time (days)

Normal Cost

Crash Time (days)

Crash Cost

A

__

10

30

8

70

B

A

8

120

6

150

C

B

10

100

7

160

D

A

5

40

4

50

E

D

10

50

8

75

F

C, E

3

60

1

95

Reference no: EM131090552

Questions Cloud

Explain what the systems development life cycle : Explain what the Systems Development Life Cycle (SDLC) for information systems is. Describe all four (4) stages of the process in detail.
Took statistics and operations management : Jim is a department manager at a local department store. He took statistics and operations management in college and has recently forecast sales of toasters using a combination of forecasting methods and his expertise/experiences as below
Process of discovery that begins with research : To define market segments, a company goes through a process of discovery that begins with research. Discuss the steps necessary to uncover, develop, define, and target specific markets.
Best summarizes the impact of the fisher effect : Which of these statements best summarizes the impact of the Fisher effect? 1-Consumers consider future inflation. 2-Interest rates are unpredictable. 3-The interest rate remains stable. 4-Inflation is ignored by borrowers.
Draw a project network diagram : Jacksonville Bike Shop is behind on a custom bike and needs to crash 1 day of time from the 6-step project. Given the project table below answer the following questions. Suppose this shop calls the customer and asks for a project extension, reduci..
Analyze the market segments dell inc computers : In this assignment, you must identify, describe, and thoroughly analyze the market segments Dell INC computers has chosen to compete in and support.
Some are information evaluation warnings : 1. What would some say some are specialized range warnings that could have been watched? 2. What would some say some are information evaluation warnings that could have been watched? 3. What quality framework warnings could be obvious?
What is the thickness of the boundary layer : What is the thickness of the boundary layer 0.30 m from the leading edge of the plate?
Some of the factors that a logistics manager : 1.What are some of the factors that a logistics manager, or operations manager, or freight forwarder, must consider in selecting to move freight from Asia into the U.S. or from Europe into the U.S. transportation systems?

Reviews

Write a Review

Accounting Basics Questions & Answers

  Problem related to trial balance

In taking out a Trial balance, a book keeper finds that he is out Rs.1600 excess debit. Being desirous of closing his books, he places the difference to a newly opened suspense account. In the next period, he discovers the following discrepancies.

  Jane kent is a licensed cpa accountant throughout the first

jane kent is a licensed cpa accountant. during the first month of operations of her business jane kent inc. the

  Amount of accumulated depreciation

Calculate the amount of accumulated depreciation to be debited or credited in the preparation of the 2009 consolidated balance sheet.

  Accounting methods and inventories

Create a corporate policy designed to minimize inventory shrinkage related to theft, stocking errors, shipping errors, etc., indicating how the policy will be enforced and procedures that may need to be implemented.

  Prepare a common size income statement

Prepare a common size income statement for the three years and prepare a common size income statement for each division for all the years. Here are the two original questions.

  Which of the following items appears on a contribution

1. conversion costs area. often assumed to be added at the beginning of the production process in each department.b.

  Determine the standard deviation of the total mean

They complain that there is no process in place to monitor the amount of fluid ounces that goes into each one of their Happy Camper Grape Drink. Customers are complaining that some bottles are less than full.

  Wadjase corp prepared a master budget that included 17800

wadjase corp prepared a master budget that included 17800 for direct materials 28000 for direct labor 15000 for

  The ticket packages will be sold for 225 each and the ski

george plans to sell his customers a special for a ski package weekend. he is able to purchase the package from the

  Journalize the adjusting entry required at september

Journalize the adjusting entry required at September 30, the end of the first month of the current fiscal year, to record the accrued product warranty.

  A manufacturing company that produces a single product has

a manufacturing company that produces a single product has provided the following data concerning its most recent month

  Income statements and profitability ratios

In this module, you were introduced to the income statement and profitability ratios. In this assignment, you will use this information to create an income statement and then analyze it for profitability.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd