Answered step by step
Verified Expert Solution
Question
00
1 Approved Answer
1. The CEO has asked you to evaluate the firm's productivity by comparing performance a month from last year and equivalent month this year. The
1. The CEO has asked you to evaluate the firm's productivity by comparing performance a month from last year and equivalent month this year. The following data are available: (10 points) Last Year This Year Output 11,200 units 13,000 units Labor (hours 10,000 10,200 Utilities (BTUS) 5,600 6,250 Capital $81,000 $86,000 The CEO determines his costs to be as follows: Labor $10 per hour Utilities $0.50 per BTU Capital 10% per month of investment. Show the productivity change, for one monthlast year versus one month this year, on a multifactor basis. 2. A small software development project has 9 major activities. The times are estimated and provided in the network below. [15 points] G C 5 6 F 6 7 B E 2 (@) Usingthemethod of ES, EF, LS, and LF, determine the project completiontime? (b) Find the critical path(s) (c) State the non-critical activities. (d) Explain what it means if an activity has a slack of zero (give an example). (@) Explain what it means if an activity has a slack of non-zero (givean example)
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access with AI-Powered Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started