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Q. The G&E Industry is preparing a bid to build the new 47,000 seat Greendale baseball stadium. The construction must start July 1, 2006 and be completed in time for the start of the 2009 season. A Penalty clause of $100,000 per day of delay beyond May 20, 2009, is written into the contract and revealed that the industry could net as much as $52 million on the project. He also said if they are successful the prospects for future are quite good since there is a projected renaissance in building classic ball parks with modern luxury boxes.
Questions:
1. Will the project be able to be completed by the May 20 deadline? Explain how long will it take?
2. Illustrate what is the critical path for the project?
3. Based on the schedule would you recommend that G&E pursue this contact? Explain why? Comprise a none-page Gantt chart for the stadium schedule.
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enable a company to capture most of the benefits associated with vertical intergration, without bearing the associated risks and costs
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