FILE EDIT INSERT PAGES DRAW 8 REVIEW Q 3= EE X Get more done! Upgrade to Pro to unlock extra features, Upgrade Options X Find the optimum lot size and the total cost per year, assuming the cost of one unit as Rs.4/-. c) Central and Eastern Industries are planning to introduce a new mobile phone service and to do so, the following activities are necessary: Preceding Expected Standard Activity Activity Time Deviation (weeks) (weeks) 1.0 0.5 UI W O 1.0 1.0 0.5 UI UI W W A 0.5 1.0 B.D.E 1.0 H 0.5 W N F.G.I 1.0 The costs of the project are estimated to be Sh. 10 million. If the project is completed within 24 weeks the expected net revenue will be about Sh. 100 million but if the deadline of 24 weeks is not met, the service will fail to penetrate the market and net revenue of Sh.2 million is expected. Required: i. Determine how long the project would take. i. If the start of activities B, E and G are respectively delayed by 3,2 and 2 weeks, how would this affect the total project time? i. The project manager wants to be 98% sure of completing the project within the time limit, how early should it start d) The manager of a newly open fast food shop wishes to determine how many sellers are needed at the drive -in- window during peak times. As a general policy, the manager wishes to offer service such that the average customer waiting time does not exceed 2 minutes. Data for service time Data for customer arrivals assignment 415.docx PAGE 2 OF 2