Steps to the nomination

Assignment Help Finance Basics
Reference no: EM131042130

Joseph King has ambitions to be mayor of Williston, North Dakota. Joe has determined the breakdown of the steps to the nomination and has estimated normal and crash costs and times for the campaign as follows (times are in weeks).



Normal

Crash

Immediate


Activity

Time

Cost

Time

Cost

Predecessors


A.

Solicit Volunteers

6

$5,000

4

$  9,000

---


B.

Initial "Free" Exposure

3

$4,000

3

$  4,000

---


C.

Raise Money

9

$4,000

6

$10,000

A


D.

Organize Schedule

4

$1,000

2

$  2,000

A


E.

Hire Advertising Firm

2

$1,500

1

$  2,000

B


F.

Arrange TV Interview

3

$4,000

1

$  8,000

B


G.

Advertising Campaign

5

$7,000

4

$12,000

C,E


H.

Personal Campaigning

7

$8,000

5

$20,000

D,F


Joe King is not a wealthy man and would like to organize a 16-week campaign at minimum cost.

  • Draw a network diagram
  • Write and solve a linear program to accomplish this task.
  • Solve the model and find the solution

Reference no: EM131042130

Questions Cloud

Analyze the three audiences and their different perspectives : When reviewing an employment cover letter, analyze these three audiences and their different perspectives; (1) students, (2) instructors, and (3) employers. If a example letter is needed for analogy, search the textbook and/or the Internet.
What engineering principles are commonly used : What engineering principles are commonly used - Comments on success and challenges of current solution: Current success (quantitative if the info is available) and reasons for failure / limitations of the design / technique under discussion.
What are the consequences for the business : Max and Barbara are having a meal at a café. After they have eaten their dessert their attendant brings them their bill. As they pay Max remarks ‘I wouldn't mind a coffee.' Barbara tells Max ‘Me too, I would have enjoyed a latte with my chocolate ..
Do the walmart and kosmix partnership signals a new trend : Do you think that the Walmart and Kosmix partnership signals a new and emerging trend for the e-tailing market? Why or Why not?
Steps to the nomination : Joseph King has ambitions to be mayor of Williston, North Dakota. Joe has determined the breakdown of the steps to the nomination and has estimated normal and crash costs and times for the campaign as follows (times are in weeks).
What kind of moral obligation do employees hold : What might hinder a company's willingness to comply with its own stated values?
Generic arithmetic system for dealing with the tower : Suppose you are designing a generic arithmetic system for dealing with the tower of types shown in figure 2.25. integer, rational, real, complex.
Identify a federal or state regulation that you support : Explain the rationale for government regulations on businesses in your own words. Identify a federal or state regulation that you support or oppose.
What do you identify as the operations function within ikea : What do you think might be the major problems in running an operation like IKEA? What do you identify as the ‘operations function' within IKEA? How is this different from the ‘sales function'?

Reviews

Write a Review

Finance Basics Questions & Answers

  Calculate total interest cost

Suppose you are considering to buy a building for $40,000, and you have $10,000 to apply as a down payment. You may borrow the remainder under the following terms:

  What is the project''s initial cash flow?

1. Baldwin Corp. just paid a dividend of $2.00. Over the next two years this dividend is expected to grow by 20% per year. After two years, dividend growth is expected to level off at 10%. If the required rate of return on Baldwin stock is 12%, what ..

  Of the five management functions which do you expect will

explain why the four steps involved in the controlling function are important. why is a good understanding of the

  Evaluating the vulnerability

Estimate the vulnerability of each company to external forces such as a recession, higher interest rates, & global competition.

  Grossett corporation has provided the following data

grossett corporation has provided the following data concerning a proposed investment projectinitial

  What is the coupon rate of this bond

Consider a four-year, default-free security with annual coupon payments and a face value of $1000 that is issued at par. What is the coupon rate of this bond?

  Why are liquidity ratios for utility and fast food companies

Based on these ratios, what is your advice? If another student makes different suggestions, challenge them to justify their choices.

  What will be the total value of the inflows after five years

Turner Video will invest $92,500 in a project. The firm's cost of capital is 11 percent. The investment will provide the following inflows. Use Appendix A.

  Wolverine corporation plans to pay a 3 dividend per share

wolverine corporation plans to pay a 3 dividend per share on each of its 300000 shares next year. wolverine anticipates

  Calculate the one year bond equivalent yield

calculate the one year bond equivalent yield for the Swiss government security that would support the interest rate parity condition.

  What is the cost of new preferred stock

For the problem above, if the flotation cost for new preferred stock is $1.20, what is the cost of new preferred stock?

  Valuing residential real estate

Sarah Fluggel is considering the purchase of a home located at 2121 Tarter Circle in Frisco, Texas. The home has 3,000 square feet of heated and cooled living area, and the current owners are asking a price of $375,000 for it.

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