Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Introduction to Operations Research (b) Cotton Room's project manager, Ray, believes that for the new product to succeed, it must be available for sale before

image text in transcribedimage text in transcribed

Introduction to Operations Research

image text in transcribedimage text in transcribed
(b) Cotton Room's project manager, Ray, believes that for the new product to succeed, it must be available for sale before the competitor's product hits the market. Ray knows that the competitor's product is scheduled to hit the market within 11 weeks from now. Thus, he reckons that Cotton Room must introduce the new product within 10 weeks and Ray has also prepared the following information table: Activity A B C D E F No. of weeks that can be reduced 4 2 2 2 Cost (RM) of each weeks reduced 200 150 225 175 Obtain the following: . The activities that had their durations reduced and by how many weeks. . The new total cost to launch the new product.Cotton Room is planning to launch a new crochet product online. The following table depicts the project acvities that must he completed {in weeks] before the new product can enter the market. Activity Description Predecessors Duration Dost {RM} A Research and develop product 4 4!!) B Design marketing campaign A 5 one C Determine crochet patterns A 4 521) D Set up online selling platforms B 3 Still) E Set up plant for production C 1 255 F Purchase necessary materials E 4 Bill) {a} Obtain the following: 0 The arrow diagram for this project. 0 The total oat and Free oat for each activity. 0 The critical path and the project duration 0 The total cost for this project

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Non-metrisable Manifolds

Authors: David Gauld

1st Edition

9812872574, 9789812872579

More Books

Students also viewed these Mathematics questions

Question

Give examples of how management uses unit costs for analysis.

Answered: 1 week ago

Question

Explain the difference between marginal cost and differential cost.

Answered: 1 week ago