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- The manager of the Oak Hills Swimming Club is planning the club’s swimming team program. The first team practice is scheduled for May 1. The activities, their immediate predecessors, and the activity time estimates (in weeks) are as follows: Time (in weeks) Activity Description Immediate Predecessor Optimistic Most Probable Pessimistic A Meet with board ------ 1 1 2 B Hire coaches A 4 6 8 C Reserve pool A 2 4 6 D Announce Program B, C 1 2 3 E Meet with Coaches B 2 3 4 F Order Team Suits A 1 2 3 G Register Swimmers D 1 2 3 H Collect Fees G 1 2 3 I Plan first practice E, H, F 1 1 1 a) What is the critical path? b) What is the project expected time? c) What is the probability of completing in 13…The manager of the Oak Hills Swimming Club is planning the club’s swimming team program. The first team practice is scheduled for May 1. The activities, their immediate predecessors, and the activity time estimates (in weeks) are as follows: Time (in weeks) Activity Description Immediate Predecessor Optimistic Most Probable Pessimistic A Meet with board ------ 1 1 2 B Hire coaches A 4 6 8 C Reserve pool A 2 4 6 D Announce Program B, C 1 2 3 E Meet with Coaches B 2 3 4 F Order Team Suits A 1 2 3 G Register Swimmers D 1 2 3 H Collect Fees G 1 2 3 I Plan first practice E, H, F 1 1 1 b) What is the project expected time? c) What is the probability of completing in 13 weeks? d) What is the…The manager of the Oak Hills Swimming Club is planning the club's swimming team program. The first team practice is scheduled for May 1. The activities, their immediate predecessors, and the activity time estimates (in weeks) are as follows. Time (Weeks) Immediate Predecessor Activity Description Optimistic Most Probable Pessimistic A Meet with board 1 1 2 B Hire coaches A 4 8 Reserve pool A 4. 6 D Announce program В, с 3 E Meet with coaches B 4 F Order team suits A 1 2 3 G Register swimmers D 2 3 H Collect fees G 1 I Plan first practice Е, Н, F 1 1 1 (a) Draw a project network. (Submit a file with a maximum size of 1 MB.) Browse. No file selected. (b) Develop an activity schedule. (Round your answers to two decimal places.) Earliest Start Earliest Finish Latest Latest Activity Slack Start Finish A B D E F G H I (c) What are the critical activities? (Enter your answers as a comma-separated list.) What is the expected project completion time (in weeks)? (Round your answer to two decimal…
- Chuck’s Custom Boats (CCB) builds luxury yachts to customer order. CCB has landed a contract with a wealthy customer. Relevant data are shown in the table below. The complication is that the customer wants delivery in 32 weeks or he will impose a penalty of $375 for each week his yacht is late. Activity Immediate Predecessor Normal Time (NT) Weeks Crashing Cost 1st Week 2nd Week A ― 9 $410 $415 B A 7 125 -- C A 5 45 45 D B 4 300 350 E C 6 50 -- F D, E 5 200 225 G F 8 -- -- H F 7 85 90 I G 6 90 -- Construct a network diagram for the project Indicate the critical path when normal activity times are used. Develop a crashing schedule. Note: No activity can be crashed more than two weeks. Show breakdown of workMOORE HOUSING CONTRACTORS Moore Housing Contractors is negotiating a deal with Countryside Realtors to build six houses in a new develop- ment. Countryside wants Moore Contractors to start in late winter or early spring, when the weather begins to moder- ate, and build on through the summer and into the fall. The summer months are an especially busy time for the realty company, and it believes it can sell the houses almost as soon as they are ready, and maybe even before. The houses all have similar floor plans and are of approximately equal size; only the exteriors are noticeably different. The comple- tion time is so critical for Countryside Realtors that it is insisting that a project management network accompany the contractor's bid for the job, with an estimate of the comple- tion time for a house. The realtor also needs to be able to plan its offerings and marketing for the summer. It wants each house to be completed within 45 days after it is started. Activity b C d f 8 h i j k…The manager of the Oak Hills Swimming Club is planning the club’s swimming team program. The first team practice is scheduled for May 1. The activities, their immediate predecessors, and the activity time estimates (in weeks) are as follows: Activity Optimistic Most Probable Pessimistic Immediate Predecessors A 1 2 3 - B 4 6 8 A C 2 4 6 A D 1 2 3 B, C E 2 3 4 B F 1 2 3 A G 1 2 3 D H 1 2 3 G I 1 1 1 E, H, F Draw a project network for this problem. Fill in all the blanks in the following table. Note: For variance (σ2) in activity time, keep two decimal places. Activity Expected Time t (weeks) Variance σ2 ES EF LS LF Slack Critical Path? A B C D…
- The manager of the Oak Hills Swimming Club is planning the club’s swimming team program. The first team practice is scheduled for May 1. The activities, their immediate predecessors, and the activity time estimates (in weeks) are as follows: Activity Optimistic Most Probable Pessimistic Immediate Predecessors A 1 2 3 - B 4 6 8 A C 2 4 6 A D 1 2 3 B, C E 2 3 4 B F 1 2 3 A G 1 2 3 D H 1 2 3 G I 1 1 1 E, H, F A. Draw a project network for this problem. B. Fill in all the blanks in the following table. Note: For variance (σ2) in activity time, keep two decimal places. Activity Expected Time t (weeks) Variance σ2 ES EF LS LF Slack Critical Path? A B C D…Sandals Resorts International is planning to build a new family resort in Kingston, Jamaica. Thefollowing schedule of activities is required for the completion of this resort.ACTIVITY PREDECESSOR OPTIMISTIC MOST LIKELY PESSIMISTIC A ---- 3 4 5 B A 2 3 4 C A 4 5 6 D B 4 4 4 E B 2 5 6 F C, D, E 2 4 5 G…The manager of the Oak Hills Swimming Club is planning the club’s swimming team program. The first team practice is scheduled for May 1. The activities, their immediate predecessors, and the activity time estimates (in weeks) are as follows: Activity Optimistic Most Probable Pessimistic Immediate Predecessors A 1 2 3 - B 4 6 8 A C 2 4 6 A D 1 2 3 B, C E 2 3 4 B F 1 2 3 A G 1 2 3 D H 1 2 3 G I 1 1 1 E, H, F a. Draw a project network for this problem. b. Fill in all the blanks in the following table. c. What is the expected time and variance to complete the project? Note: For variance (σ2) in activity time, keep two decimal places. Activity Expected Time t (weeks) Variance σ2 ES EF LS LF Slack Critical Path? A B C…
- Angel healthcare Ltd., has 2 investment opportunities, each costing $120000 and each have expected profit as shown below: Years Project "A' Project "B' ($) ($) 1 40000 30000 2 30000 40000 3 20000 35000 4 15000 30000 Year 1 2 3 PVIF @ 10% 0.909 0.826 0.751 4 0.683 Compute NPV & Profitability Index, Suggest which Project to be preffered at 10%cost of capitalFor the following schedule, draw the arrow and node diagram. Activity Duration IPA A----3---- ABCDEFGHISKENN с H----------5------ --4- -3--- L- -6---- -3------ -9------ -1- M N----- 3636 B A -9 --A B C, D C,D E F, G, H F, G, H I J, K - GOD BLESS ---Explain which method for determining activity time estimate, deterministic are they perceive to be preferable?