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Quantitative Business Analysis Computer Programming Final Study guide

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Ch13 Homework Answers
1. The Mohawk Discount Store is designing a management training program
for individuals at its corporate headquarters. The company wants to
design the program so that trainees can complete it as quickly as possible.
Important precedence relationships must be maintained between
assignments or activities in the program. For example, a trainee cannot
serve as an assistant to the store manager until the trainee has obtained
experience in the credit department and at least one sales department. The
following activities are the assignments that must be completed by each
trainee in the program. Construct a project network for this problem. Do
not perform any further analysis.
Activity
A
B
C
D
E
F
G
H
Immediate Predecessor
—
—
A
A, B
A, B
C
D, F
E, G
Solutions:
C
A
D
Start
F
G
H
B
Finish
E
7. Embassy Club Condominium, located on the west coast of Florida, is
undertaking a summer renovation of its main building. The project is
scheduled to begin May 1, and a September 1 (17-week) completion date is
desired. The condominium manager identified the following renovation
activities and their estimated times:
Activity
Immediate
Predecessor
A
—
3
B
—
1
C
—
2
D
A, B, C
4
E
C, D
5
F
A
3
G
D, F
6
H
E
4
a.
b.
c.
d.
Time
Draw a project network.
What are the critical activities?
What activity has the most slack time?
Will the project be completed by September 1?
e. a.
f.
A
F
G
Star
t
g.
B
D
H
C
b.
A-D-E-H
c.
Activity F: 4 weeks
d.
Yes, project completion time is 16 weeks
E
Finis
h
Earliest
Latest
Earliest
Latest
Critical
Activity
Start
Start
Finish
Finish
Slack
Activity
A
0
0
3
3
0
Yes
B
0
2
1
3
2
C
0
1
2
3
1
D
3
3
7
7
0
Yes
E
7
7
12
12
0
Yes
F
3
7
6
10
4
G
7
10
13
16
3
H
12
12
16
16
0
Yes
9.
At a local university, the Student Commission on Programming and
Entertainment (SCOPE) is preparing to host its first rock concert of the school
year. To successfully produce this rock concert, SCOPE has listed the requisite
activities and related information in the following table (duration estimates
measured in days).
Activity
Immediate
Predecessor(s)
Optimistic
Most
Probable
Pessimistic
A:
Negotiate
contract with
selected
musicians
—
8
10
15
B:
Reserve site
—
7
8
9
C:
Manage travel
logistics for
music group
A
5
6
10
D:
Screen & hire
security
personnel
B
3
3
3
E:
Arrange
advertising &
ticketing
B, C
1
5
9
F:
Hire parking
staff
D
4
7
10
G:
Arrange
concession
sales
E
3
8
10
a.
b.
c.
d.
e.
f.
Draw the project network.
Compute the expected duration and variance of each activity.
Determine the critical path in the project network.
What is the expected duration and variance of the critical path?
What is the likelihood that the project will be completed within 30 days?
If activity B is delayed by six days beyond its early start time, how does this
affect the expected project duration?
a.
A
C
E
Start
G
Finish
B
D
F
b.
Activity
Expected Time
Variance
A
10.5
1.36
B
8
0.11
C
6.5
0.69
D
3
0
E
5
1.78
F
7
1
G
7.5
1.36
Activity
ES
LS
EF
LF
Slack
Critical
Activity
A
0
0
10.5
10.5
0
Yes
B
0
9
8
17
9
C
10.5
10.5
17
17
0
D
8
19.5
11
22.5
11.5
E
17
17
22
22
0
F
11
22.5
18
29.5
11.5
G
22
22
29.5
29.5
0
Yes
Yes
Yes
c. The critical path A – C – E – G:
d. Expected duration = 10.5 + 6.5 + 5 + 7.5 = 29.5
Variance = 1.36 + 0.69 + 1.78 + 1.36 = 5.19
e.
z = (30 – 29.5) / √5.19 = 0.219. P(Z ≤ 0.219) ≈ .5871
f. No effect on expected project duration since slack of Activity B (9 days) exceeds the delay
beyond the early start time.
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