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Shirley Hopkins is developing a problem in leadership training for middle-level managers. Shirley has listed a number of activities that must be completed before a training program of this nature could be conducted. The activities, immediate predecessors, and times appear in the accompanying table:
Activities Immediate Predeccesor(s) Time (days)
A -- 2 B -- 5 C -- 1 D B 10 E A,D 3 F C 6 G E,F 8
a) Develop an AON network for this problem.
b) What is the critical path?
c)What is the total project completion time?
d)What is the slack time for each individual activities?
Explain Economic Order Quantity and Total Cost. Economic Order Quantity and Total Cost: The total sum of Inventory procurement cost and inventory carrying cost is total cost.
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