The following table shows the time information for the activities needed to develop an ad campaign. 1.
Question:
1. Calculate the expected activity times (round to nearest integer).
2. Calculate the slack for each activity. What is the projects total length? Make sure you fully label all nodes in the network.
3. Identify the critical path. What are the alternative paths, and how much slack time is associated with each feeder path?
4. Identify the burst activities and merge activities.
5. Given the activity variances, what is the likelihood of finishing the project on week 24?
6. Suppose you want to be 99% sure the project will finish on time. How many additional weeks would your project team need to ensure this likelihood?
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Related Book For
Operations Management Managing Global Supply Chains
ISBN: 978-1506302935
1st edition
Authors: Ray R. Venkataraman, Jeffrey K. Pinto
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