Construct a project network for problem

Assignment Help Accounting Basics
Reference no: EM13786379

Instead, you should focus on solving using the project management capabilities within Excel QM/POM QM.

Linear programming

A series of activities must be completed in a coordinated fashion to complete a landscaping overhaul. The following table shows the activities their optimistic, most likely and pessimistic durations and their immediate predecessors DAYS Activity A m b

Immediate Predecessors A 4 8 12 --- B 4 10 13 A C 7 14 18 B D 9 16 20 B E 6 9 12 B F 2 4 6 D,E G 4 7 13 C,F H 3 5 7 G I 2 3 4 G,H A- Determine the expected times and variances for each activity

B- Construct a project network for this problem

C- Determine the EST, EFT, LST, LFT and slack for each activity.

Also determine the critical path and project completion time.

D- What is the probability that the project will be finished in less than 57 days?

E- What is the probability that the project will need at least 50 days?

The expected project completion time for the construction of a pleasure yacht is 21 months, and the project variance is 6.

What is the probability that the project will:

a. Require at least 17 months?

b. Be completed within 20 months?

c. Require at least 23 months?

d. Be completed within 25 months?

Bowman Builders manufactures steel storage sheds for commercial use, Joe Bowman, president of Bowman Builders, is contemplating producing sheds for home use.

The activities necessary to build an experimental model and related data are given in the table on the next page. The project completion time using standard times is 14 weeks. How much does it cost to reduce the duration of this project from 14 weeks to 10 weeks?

Activity Immediate Predec.

Standard time Stand. Cost Crashtime(weeks) CrashCost A -- 3 1,000 2 1,600 B -- 2 2,000 1 2,700 C -- 1 300 1 300 D A 7 1,300 3 1,600 E B 6 850 3 1,000 F C 2 4,000 1 5,000 G D,E 4 1,500 2 2,000 # ***** Getting a degree from a college or university can be a long and difficult task.

Certain courses must be completed before other courses may be taken. Develop a network diagram in which every activity is a particular course that you must take for your degree program.

The immediate predecessors will be course prerequisites. Don't forget to include all university, college, and departmental course requirements.

Then try to group these courses into semesters or quarters for your particular school.

A. How long do you think it will take you to graduate?

B. Which courses, if not taken in the proper sequence, could delay your graduation?

Reference no: EM13786379

Questions Cloud

Identify and discuss the history of modern policing : Identify and discuss the roots/history of modern policing. What are the major challenges facing law enforcement agencies today
Case study on small business mangement : Small Business mangement
Expanding product offerings and quality : A major producer of passenger tires has launched an advertising campaign in which it is trying to market windshield wipers to the public under its brand name, which has been highly successful in the passenger tire market. Explain why the passenger ti..
How much gross income did beverly recognize in year 12 : ACCT 323 7380 INCOME TAX I (Summer 2015) WEEK 4 HOMEWORK 1) In the current tax year, Gunther earned $125,000 from his job as a civil engineer. In addition, he received $30,000 of income from Activity A, and lost $40,000, and 20,000 from Activities B ..
Construct a project network for problem : How long do you think it will take you to graduate - Which courses, if not taken in the proper sequence, could delay your graduation - Construct a project network for problem and Determine the EST, EFT, LST, LFT and slack for each activity.
Do a search for overtime pay : Go to the website of the Department of Labor: http://www.dol.gov. Do a search for "overtime pay." Select a topic from the list of regulations. Take notes on what you find. Be ready to share your findings later in the week
Translating if and and statements : This exercise will help you become more proficient at recognizing, translating, and evaluating if and and statements. In this assignment, find two examples for the exercise; translate the claims of the example into symbolic form; identify an if or..
What is the wi-fi alliance : Wireless Networking Technologies, What is the Wi-Fi Alliance, Give the numeric prefix IEEE standards use for Wi-Fi networks.
Exemplifies market penetration or market development : First, elaborate on one organization that exemplifies Market Penetration or Market Development! Second, Chapter 8 highlights at least one failure with respect to unrelated diversification/implementation, offer another example?

Reviews

Write a Review

Accounting Basics Questions & Answers

  Common stock outstanding issued at par

On January 1, 2010, Gant Corporation had $1,500,000 of common stock outstanding that was issued at par and retained earnings of $750,000. The company issued 30,000 shares of common stock at par on July 1 and earned net income of $400,000 for the y..

  What is a payroll master file describe the types of errors

what is a payroll master file? describe the types of errors that may occur in the master file and how they get there.

  N may1 2011 the note is collected in full by salem

n may1 2011 the note is collected in full by salem corporation assuming a fiscal year end of december 31 salem

  Ferraro inc established a stock appreciation rights sar

ferraro inc. established a stock appreciation rights sar program on january 1 2012 which entitles executives to receive

  High-low method the following cost data pertain to 19x6

high-low method the following cost data pertain to 19x6 operations of heritage products quarter 1 quarter 2 quarter 3

  Veltri corporation is working on its direct labor budget

veltri corporation is working on its direct labor budget for the next two months. each unit of output requires 0.77

  Find gain should be recognized in reed income tax return

Joan Reed exchanged commercial real estate that she owned for other commercial real estate plus cash of $50,000. The following additional information pertains to this transaction.

  A company reports the following information for its first

a company reports the following information for its first year of operations. units produced this year ? units units

  The cash flow on total assets ratio reflects the companys

1.business activities that either generate or use cash are classified as operating investing or financing activities on

  Apocalyptica corp pays a constant 975 dividend on its stock

apocalyptica corp. pays a constant 9.75 dividend on its stock. the company will maintain this dividend for the next 11

  Decides to offer two types of dinner cruise

Decides to offer two types of dinner cruise

  Also if you became aware of fraudulent accounting

discuss what procedures a company may take to reduce the chance of computerized fraudulent employee activities. also if

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