Illustrate what is probability which the project complete

Assignment Help Operation Management
Reference no: EM1377816

Q. a. Construct the appropriate network diagram.

b. Indicate the critical path.

c. Illustrate what is the expected completion time for the project?

d. You can accomplish any one of the subsequent at an additional cost of $1,500:

(1) Reduce job 5 by two days.

(2) Reduce job 3 by two days.

(3) Reduce job 7 by two days.

If you will save $1,000 for each day which the earliest completion time is reduced, which action, if any, would you choose?

e. Illustrate what is the probability which the project will take more than 30 days to complete?

 

Reference no: EM1377816

Questions Cloud

Measure a services company : Discuss how do you measure a services company and discuss ow does a services company increase its efficiency?
What minimize the lateness of all jobs : Use different scheduling rules to achieve different objectives as listed below also provide a rationale for each of the responses: Minimize the throughput time. Minimize the lateness of all jobs.
Comprise appropriate graphics to highlight major points : Examine how all three of the book stores address ethical, legal also security issues. Classify the communication technologies used by each bookstore. Comprise appropriate graphics to highlight major points.
Compute the break-even point in sales : MAM603:    Determine whether the company should discontinue operating the Consumer Division.If the company had discontinued the division for 2010, determine what net income would have been.
Illustrate what is probability which the project complete : If you will save $1,000 for each day which the earliest completion time is reduced, which action, if any, would you choose. Illustrate what is the probability which the project will take more than 30 days to complete.
Measure a services company : Discuss how do you measure a services company and discuss ow does a services company increase its efficiency?
How construct a new factory would result : Not constructing a new factory would result in no additional revenue being generated because the current factories cannot produce these new products. Construct a decision tree to help Expando make the best decision.
Qualitative sales forecasting methods : The qualitative sales predicting approaches include educated guess, executive committee consensus,  survey of customers, historical analogy, Delphi method, survey of sales forces, and market research.
Conduct a swot analysis for the organization : Comprise, in the strategic objectives, the tools used by the organization to measure consumer satisfaction. Examine how these measurements could be used to enhance quality planning.

Reviews

Write a Review

Operation Management Questions & Answers

  Illustrate what option is more economical

he criterion shipment methods take two days. Elucidate but for an additional charge of $500, the container can be sent overnight. The annual holding cost rate for this type of item has been estimated at 28percent. Illustrate what option is more ec..

  Elucidate operations people return jobs to the us

Using that as a challenge, illustrate what can we as 'operations people' do to return jobs to the US, slow or even stop the outflow, make the US competitive again and sustain our organizations.

  Discuss about noted organization theorist

Discuss about noted organization theorist. Pressure for change originates in the environment; pressure for stability originates within the organization.

  Conclude explain how you would use these figures to monitor

Describe illustrate what project management application you might use to measure also improve the performance. Conclude explain how you would use these figures to monitor productivity over time.

  Find cost also schedule variances also three indexes

A project to develop a county park has an actual cost in month 17 of $350,000, a planned cost of $475,000, also a value completed of $300,000. Find cost also schedule variances also three indexes.

  Create a simulation model of this system

The coffee breaks are staggered, starting at 90 min into every shift. Meal breaks also staggered starting 3.5 hrs into every shift. Create a simulation model of this system. In the simulation, draw a simple layout of the above system.

  Elucidate what is the pygmalion effect

Elucidate what is the Pygmalion Effect as it relates to leadership also management. Why is the Pygmalion Effect important when implementing a Strategic Quality Management initiative or any change initiative.

  Who is the targeted customer

Describe Shutter fly's business-level strategy. Who is the targeted customer. Which customer needs does the organization satisfy. Explain how does the organization use its competencies to satisfy these needs.

  Explain how would you recover from this service crisis

Suppose you were manager of a restaurant and you were told h1stly that a couple eating dinner had just seen a mouse. Illustrate what would you say to them. Explain how would you recover from this service crisis.

  Statistical conclusion

The investor hires a researcher who randomly samples 19 warehouses that are for sale and finds that the mean price per square metre is $316,70, with a standard deviation of $12.90. If the researcher uses a 5% level of significance, what statistica..

  Risks of using the emv approach

The decisions made based on the EMVs of different alternatives are considered rational

  Illustrate what competitive advantage do you think live

Illustrate what growth strategy does live nation appear to be utilizing. Illustrate what competitive advantage do you think live nation has.

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