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Assume that the activities in Problem 3.11 have the following costs to shorten: A, $300/week; B, $100/week; C, $200/ week; E, $100/week; and F, $400/week. Assume also that you can crash an activity down to 0 weeks in duration and that every week you can shorten the project is worth $250 to you. What activities would you crash? What is the total crashing cost?
The following is a table of activities associated with a project at Rafay Ishfaq's software firm in Chicago, their durations, and what activities each must precede:
ACTIVITY
DURATION (WEEKS)
PRECEDES
A (start)
1
B, C
B
E
C
4
F
2
F (end)
-
a) Draw an AON diagram of the project, including activity durations.
b) Define the critical path, listing all critical activities in chronological order.
c) What is the project duration (in weeks)?
d) What is the slack (in weeks) associated with any and all noncritical paths through the project?
Briefly explain codification and personalization as they relate to knowledge management. How does the sort of knowledge management strategy a company has relate to its' business strategy? How should one pick a knowledge management strategy?
A canning company uses approximately 40,000 glass jars per month for its products. Because of storage limitations, a lot size of 10,000 jars has been used. The monthly holding cost of one jar is $1.20, and ordering cost is $300 per order. What penalt..
How will you reach the level of detail needed for a complete cost estimate? What items should you include in your cost estimate that are not explicitly present in the project schedule?
Based on the topic of human behavior and/or the impact that culture can have on one’s behavior, personality, and perceptions: Discuss the impact culture has on one’s behavior and personality. Identify factors that influence human behavior. Identify p..
write a short evaluative summary of four ethical or legal issues related to health information technology (two examples include HIPAA and social networking). List the stakeholders, how each is affected, and what you recommend.
The item for discussion, provide some thoughts of branding for your Marketing Plan. What can you do to project the right image? Again, make sure that your brand resonates with your target. When providing thoughts and feedback, don't project what YOU ..
Find an example of a company that has recently gone through a major change. What type of change was it? Why did the organization make the change, and what does it hope to achieve from it?
Economic implications of such location bidding wars?
Many companies implement enterprise resource planning (ERP) systems but are disappointed by the results when they do not realize the return on investment (ROI) that was projected for the system.
To the degree job growth (and increased car sales that come from more competitive labor costs) is based on two tier-wage structures, how sustainable is the approach? Consider, for example, that Fiat and Chrysler CEO Sergio Marchionne stated that "Lon..
Describe the differences between the franchisor and franchisee? How are these differences strategically aligned to create a competitive advantage? What are the three (3) most important factors in determining whether franchising is an appropriate meth..
Daniel Daring is an emerging playwright whose works have begun to stir great passions in the major U.S. cities where they are staged. Researcher Eugenia Edge is “shadowing” Mr. Daring for six months in an attempt to understand the artistic process. D..
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