The following table represents a plan for a project: a. Construct the appropriate network diagram. b. Indicate

Question:

The following table represents a plan for a project:


The following table represents a plan for a project:


a. Construct the appropriate network diagram.
b. Indicate the critical path.
c. What is the expected completion time for the project?
d. You can accomplish any one of the following at an additional cost of $ 1,500:
(1) Reduce job 5 by two days.
(2) Reduce job 3 by two days.
(3) Reduce job 7 by two days.
If you will save $ 1,000 for each day that the earliest completion time is reduced, which action, if any, would you choose?
e. What is the probability that the project will take more than 30 days tocomplete?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Operations And Supply Chain Management

ISBN: 287

14th Edition

Authors: F. Robert Jacobs, Richard Chase

Question Posted: