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The Valley Corporation is developing a new product that could potentially capture a large market share. Management is anxious to introduce this new product to
The Valley Corporation is developing a new product that could potentially capture a large market share. Management is anxious to introduce this new product to market and, as a result, has asked you to prepare a complete analysis to meet a goal of 30 weeks or fewer.
Below is Valley Corporation's project network for this new product:
The activity time estimates are as follows (in weeks):
Activity | Optimistic | Most Likely | Pessimistic |
---|---|---|---|
A | 3.0 | 4.0 | 5.0 |
B | 3.0 | 3.5 | 7.0 |
C | 4.0 | 5.0 | 6.0 |
D | 2.0 | 3.0 | 4.0 |
E | 6.0 | 10.0 | 14.0 |
F | 7.5 | 8.5 | 12.5 |
G | 4.5 | 6.0 | 7.5 |
H | 5.0 | 6.0 | 13.0 |
I | 2.0 | 2.5 | 6.0 |
J | 4.0 | 5.0 | 6.0 |
1. Develop an activity schedule for this new product, and identify the critical path activities. What are the ES, EF, LS, LF and slack of the activies?
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