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Problem 1:
The following represent activities in a major construction project. Draw the
network to represent this project.
Activity
Immediate
Predecessor
Normal Time
(days)
Crash Time
(days)
Crash Cost
per day
--
$85
$60
$50
$95
C, E
$105
$65
F, G
$80
Draw
What
What
What
Activity
Predeces
sor
Optimisti
c
Most
Likely
Pessimisti
c
--
12
B, C
the network
is the critical path based on the expected times?
is the variance in completion time for the critical path?
is the probability that the project will finish in 11 days or less?
Problem 3:
A project has an expected completion time of 40 weeks and a standard
deviation of 5 weeks. It is assumed that the project completion time is
normally distributed.
(a) What is the probability of finishing the project in 50 weeks or less?
(b) What is the probability of finishing the project in 38 weeks or less?
(c) The due date for the project is set so that there is a 90% chance that the
project will be finished by this date. What is the date?
Problem 4:
Development of a new deluxe version of a particular software product is
being considered. The activities necessary for the completion of this project
are listed in the table below along with their costs and completion times in
weeks.
Activity
Normal
Time
Crash
Time
Normal
Cost
Crash
Cost
Immediate
Predecessor
2,000
2,600
2,200
2,800
500
500
2,300
2,600
900
1,200
B, D
3,000
4,200
C, E
1,400
2,000
Preceding
Activities
Cost
Normal
Crash
$10,000
$11,000
6,000
9,000
4,000
6,000
7,000
8,000
B, C
9,000
11,000
13,000
18,000
E, F
13,000
25,000
D, E
11,000
20,000
H, G
20,000
29,000
(b) What is the critical path and the duration of the project?
(c) What is the early start time and early finish time for activity D?
(d) To shorten the project by three weeks, what tasks should be shortened,
and in what order?
(e) What would be the total cost for the shortened project?