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marishachu [46]
3 years ago
11

Project Management Practice ProblemBragg’s Bakery is building a new automated bakery downtown Sandusky. Here are the activities

that need to be completed to get the new bakery built and the equipment installed.
ACTIVITYPREDECESSORNORMAL TIME (WEEK)CRASH TIME (WEEK)EXPEDITING COST/WEEKA-963000BA853500CA15104000DB,C532000EC1062500FD,E215000
Hint: I have directly provided the crashing cost per unit time.
a. What is the normal project length?
b. What is the critical path in this project?
c. Which activity will you choose to crash first to reduce the duration of the project by one week?
d. What is the project length if all activities are crashed to their minimum?
e. What is the slack for activity D?
Business
1 answer:
pav-90 [236]3 years ago
7 0

Answer:

a. The normal project length is 36 weeks.

b. The critical path in this project is A-C-E-F.

c. The activity that you choose to crash first to reduce the duration of the project by one week is E because it has the least expediting cost/week amongst A, C, E, F.

d. The project length if all activities are crashed to their minimum is 23 weeks.

e. The slack for activity D is 5 weeks.

Explanation:

a) The normal length of the project = completion time of last activity = 36 weeks.

b) The criteria for critical activity:

LC_{i} = ES_{i} ,\\LC_{j} = ES_{j} ,\\

ES_j - ES_i = LF_j - LF_{i} = duration of the activity

where ES = Earliest start time, EF = Earliest finish time , LC = latest completion time, LF = latest finish time ,

The suffix- i refers to the preceding node, suffix-j refers to the succeeding node.

activities satisfying above all criteria are A, C, E, F

therefore critical path is A-C-E-F.

c) To reduce the project duration by 1 week. we should choose to crash among critical activities A, C, E, F. thus we choose to crash activity E because it has the least expediting cost/week amongst A, C, E, F.

d) if we crash all the activities to their minimum, then the project length = sum of crash time of all critical activities

= [6 + 10 + 6 + 1]

= 23 weeks.

e) The slack of activity d = LS - ES = 34 - 29

= 5 weeks

The critical path is given in the diagram,

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In the given question it is given that agent act in good faith and obey the principles direction this is a obedience fiduciary act because in this can everyone have to be obey to the principles.  

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A store has been selling 100 DVD burners a week at $450 each. A market survey indicates that for each $30 rebate offered to buye
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Answer:

a rebate of 200 dollars will generate 500 sales

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Explanation:

We need to maximize the total revenue which is:

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You must estimate the intrinsic value of Lowell Technologies’ stock. The end-of-year free cash flow (FCF1) is expected to be $30
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Firm's estimated intrinsic value per share of common stock = $40.00

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Therefore by putting the values in the above formula, we get

Value at year 1 = 31.5 / 0.08 - 0.05

Value at year 1 = 31.5 / 0.03

Value at year 1 = 1,050

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<h3>What are inventory items?</h3>
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  • A product purchased for resale that is tracked in Stock and on the Balance Sheet is an inventory item.
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Therefore, to gain assurance that all inventory items in a client's inventory listing schedule are valid, an auditor most likely would vouch (C) items listed in the inventory listing schedule to inventory tags and the auditor's recorded count sheets.

Know more about inventory items here:

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Complete question:

To gain assurance that all inventory items in a client's inventory listing schedule are valid, an auditor most likely would vouch

A. Inventory tags were noted during the auditor's observation of items listed in the inventory listing schedule.

B. Inventory tags were noted during the auditor's observation of items listed in receiving reports and vendors' invoices.

C. Items listed in the inventory listing schedule to inventory tags and the auditor's recorded count sheets.

D. Items listed in receiving reports and vendors' invoices to the inventory listing schedule.

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