Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

please answer all 9 questions. Use the following information for the next NINE questions. Jim Rose is planning a charity benefit gala for his Save

please answer all 9 questions.
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
Use the following information for the next NINE questions. Jim Rose is planning a charity benefit gala for his "Save the Town" campaign. However, because one of his partners, Mike van der Woodsen, has difficulty staying on task, the project is scheduled and they are running out of time. Jim has used project management principles to lay out the task relationships and he finds that if they follow the traditional schedule, as outlined below, they will not have enough time to get everything done before the weekend of the gala. Jim has created a list of tasks, their time requirements, and their relationships. He has also begun a network diagram, but needs to know what to do next. He knows that he needs to reduce the total time by five weeks. What is the slack time for activity F? \begin{tabular}{|c|c|c|c|c|c|} \hline Activity & Duration (weeks) & \begin{tabular}{l} Crash \\ Time \end{tabular} & Description & \begin{tabular}{l} Preceding \\ Activity(ies) \end{tabular} & \begin{tabular}{l} Crashing \\ Cost/Week \end{tabular} \\ \hline A & 7 & 6 & Determine gala theme & - & $550 \\ \hline B & 5 & 3 & Reserve portal location for & A & $1.000 \\ \hline c & 7 & 7 & Create Marketing Plan & B & . \\ \hline D & 6 & 5 & \begin{tabular}{l} Jay Delfino to audition \\ musical acts \end{tabular} & B & $1,300 \\ \hline E & 6 & 5 & Determine ticket sales & c & $800 \\ \hline F & 7 & 4 & \begin{tabular}{l} Purchase supplies, including \\ Stay Puft marshmallows \end{tabular} & c & $750 \\ \hline G & 4 & 4 & \begin{tabular}{l} Pick musical act and sign \\ contract \end{tabular} & D & $400 \\ \hlineH & 4 & 1 & Sell tickets in person & E & $500 \\ \hline 1 & 5 & 4 & Sell tickets online & E & $1.250 \\ \hline 3 & 1 & & Gala! & H,I,F,G & , \\ \hline \end{tabular} 6 21 Question 9 2.4 pts What is the earliest start time for activity J ? 29 26 30 22 Question 10 2.4pts What is the latest fonish time for activity E? 30 25 22 Question 11 2.4pts What is the first activity that Jim should crash? c 1 E A B Question 12 2.4pts How many times can Activity B can be crashed? 2 o Intinite ? What is the minimum completion time for the project after crashing (until no more crashing is possible)? 23 wecks: 29 wetis 27 weoks 26 weels Question 14 2.4pts If Jim has a budget of only $3,000 for crashing costs, what is the shortest possible completion time? 28 wictes 26 wiects 29 wecks 27 werehs How much will it cost Jim to reduce the original total project time by four weeks? $550 $3,350 $1.350 $2350 Question 16 2.4pts How much did crashing that last (fifth) week cost Jim? $1,250 sumon 51.500 $750

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

Management Information Systems

Authors: Jane Price Laudon, Ken Laudon

11th Edition

013607846X, 9780136078463

More Books

Students also viewed these General Management questions