i. Draw the network for this project. ii. Calculate the estimated time for each activity. iii. Find the Critical Path and the expected number of weeks for completion of the project.

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
icon
Related questions
Question
c) A research and development department in XYZ Company is developing a new product for the
company to attract more customers and hence maximize on sales. The R & D manager has
revealed that the following activities will take place in the coming weeks.
Activity
ABCDEFGH
А
с
Η
I
Immediate
predecessors
None
A
A
B
B
с
E
D,F
G,H
Optimistic
time
4
5
4
15
10
8
4
1
6
Most likely
time
6
7
8
20
18
9
00
8
2
7
Pessimistic
time
8
15
12
25
26
16
12
3
8
Page 1 of 5
i. Draw the network for this project.
ii. Calculate the estimated time for each activity.
iii. Find the Critical Path and the expected number of weeks for completion of the project.
Transcribed Image Text:c) A research and development department in XYZ Company is developing a new product for the company to attract more customers and hence maximize on sales. The R & D manager has revealed that the following activities will take place in the coming weeks. Activity ABCDEFGH А с Η I Immediate predecessors None A A B B с E D,F G,H Optimistic time 4 5 4 15 10 8 4 1 6 Most likely time 6 7 8 20 18 9 00 8 2 7 Pessimistic time 8 15 12 25 26 16 12 3 8 Page 1 of 5 i. Draw the network for this project. ii. Calculate the estimated time for each activity. iii. Find the Critical Path and the expected number of weeks for completion of the project.
Expert Solution
steps

Step by step

Solved in 5 steps with 6 images

Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Practical Management Science
Practical Management Science
Operations Management
ISBN:
9781337406659
Author:
WINSTON, Wayne L.
Publisher:
Cengage,
Operations Management
Operations Management
Operations Management
ISBN:
9781259667473
Author:
William J Stevenson
Publisher:
McGraw-Hill Education
Operations and Supply Chain Management (Mcgraw-hi…
Operations and Supply Chain Management (Mcgraw-hi…
Operations Management
ISBN:
9781259666100
Author:
F. Robert Jacobs, Richard B Chase
Publisher:
McGraw-Hill Education
Business in Action
Business in Action
Operations Management
ISBN:
9780135198100
Author:
BOVEE
Publisher:
PEARSON CO
Purchasing and Supply Chain Management
Purchasing and Supply Chain Management
Operations Management
ISBN:
9781285869681
Author:
Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
Publisher:
Cengage Learning
Production and Operations Analysis, Seventh Editi…
Production and Operations Analysis, Seventh Editi…
Operations Management
ISBN:
9781478623069
Author:
Steven Nahmias, Tava Lennon Olsen
Publisher:
Waveland Press, Inc.