Explain delays in the project mean that the center, Operation Management

Assignment Help:

Your in charge of a project at the local community center. The center needs to remodel one of the room in time for the start of a new program. Delays in the project mean that the center must rent other space at nearby church at additional cost. Time and cost data for you project are contained in the table: Your interest is minimizing the cost for the project to the community center. a) Using the normal timr for each activity, what is the ealiest date you can complete the project? b) Suppose the variable overhead costs are $ 50 per day for your project. Also, suppose that the center must pay $ 40 per day for temporary room on day 15 or beyond. Find the minimum-cost project schedule.

Activity NormL(T) Normal Cost ($) Crash T(days) Crash Cost($) Immediate Predecessors

Start 0 0 0 0
A 10 50 8 150 Start
B 4 40 2 200 Start
C 7 70 6 160 B
D 2 20 1 50 A,C
E 3 30 3 30 A,C
F 8 80 5 290 B
G 5 50 4 180 D
H 6 60 3 180 E,F
Finish 0 0 0 0 G,H


Related Discussions:- Explain delays in the project mean that the center

Define financial institutions in the recent financial crisis, Consider whet...

Consider whether the implementation of the Sarbanes-Oxley Act supports ethical behaviour. Specifically, address Title 3 of SOX and whether you think SOX worked for financial instit

What is the safety stock and rop, Chicago's Hard Rock Hotel distributes a m...

Chicago's Hard Rock Hotel distributes a mean of 1000 bath towels per day to guests at the pool and in their rooms. This demand is normally distributed with a standard deviation of

What must be the amount of baruch''s annual contributions, Payment = $4,000...

Payment = $4,000 interest rate =10% number of periods = 20 Find fva Stressed and penniless after months of day trading, Mr. Baruch decides to invest his savings into a conservative

Describe innovative and creative ways, Discuss innovative and creative ways...

Discuss innovative and creative ways to use the patient ID bracelet containing a bar-code representation of the patient's ID and a bar-code scanner that could lead to improved qual

Explain the chocolate raw material safety stock christian, Christian runs a...

Christian runs a small chocolate shop. He manages his chocolate raw material using a periodic review system. Daily demand has a mean of 100 pounds and standard deviation of 10 poun

Supply chain strategies, Supply Chain Strategies  In this second secti...

Supply Chain Strategies  In this second section of the chapter we consider:  1. Breadth of supplier base - many or few suppliers?  2. Vertically integrated or virtual or

Explain what personality types should leaders recruit, A number of personal...

A number of personality dimensions are identified (Big Five, attitudes, locus of control, etc.). What are the strengths and weaknesses of some of the personality dimensions in vari

Evidenced predictive capabilities of a leader, Question 1: Traits theor...

Question 1: Traits theories are not sufficient for explaining Leadership! i. Give an account of the other complementary Contingency theories or parts of the theories that d

Explain managerial leadership, Explain managerial leadership. Manageri...

Explain managerial leadership. Managerial Leadership: Effective managing needs leadership. This is seldom possible to segregate the behavioural functions of manager-ship a

Define the investigation of the purchasing department, Q. Define the invest...

Q. Define the investigation of the purchasing department. Investigation of a purchasing department: It is the responsibilities of a purchasing department. a. Receiving material

Write Your Message!

Captcha
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