Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Basic Finance Expert

1. A series of activities must be completed in a coordinated fashion to complete a landscaping overhaul. The following table shows the activities their optimistic, most likely and pessimistic durations and their immediate predecessors

Activity           A          m         b          Immediate Predecessors

A                      4          8          12        ---

B                      4          10        13        A

C                      7          14        18        B

D                     9          16        20        B

E                      6          9          12        B

F                      2          4          6          D,E

G                      4          7          13        C,F

H                     3          5          7          G

I                       2          3          4          G,H

A. Determine the expected times and variances for each activity

B. Construct a project network for this problem

C. Determine the EST, EFT, LST, LFT and slack for each activity. Also determine the critical path and project completion time.

D. What is the probability that the project will be finished in less than 57 days?

E. What is the probability that the project will need at least 50 days?

2 The expected project completion time for the construction of a pleasure yacht is 21 months and the project variance is 6. What is the probabliltity that the project will

(a)  Require at least 17 months?

(b)  Be completed within 20 months?

(c)   Require a least 23 months?

(d)  Be completed within 25 months?

3. Bowman Builders manufactures steel storage sheds for commercial use. Joe Bowman, president of Bowman Builders, is contemplating producing sheds for home use. The activities necessary to build an experimental model and related data given in the table on the next page. The project completion time using standard times in 14 weeks.

Set up and solve an LP model using Excel to crash the project to 10 weeks. How much does it cost to reduce the duration of this project from 14 to 10 weeks?

4. Getting a degree from a college or university can be a long and difficult task certain courses must be completed before other courses can be taken develop a network diagram in which every activity is a particular course that you must take for you degree program. The immediatepredecessors will be course prerequisites don't forget to include all University College and departmental course requirements. Then try to group these courses into semesters or quarters for our particular school. How long do you think it will take you to graduate? Which course, if not taken in the proper sequence could delay your graduation?

Basic Finance, Finance

  • Category:- Basic Finance
  • Reference No.:- M91420245
  • Price:- $25

Priced at Now at $25, Verified Solution

Have any Question?


Related Questions in Basic Finance

Discuss the basic registration requirement for doing

Discuss the basic registration requirement for doing business with government contracting.

Please show formula and explanationyou have decided to

Please show formula and explanation You have decided to place $553 in equal deposits every month at the beginning of the month into a savings account earning 10.62 percent per year, compounded monthly for the next 13 yea ...

What is assumptions underlying single index model and why

What is assumptions underlying Single index model and why use thoes assumptions? Compare assumptions of Single Index Model with other formula?

We knownbspthat correlation coefficients between two assets

We know that correlation coefficients between two assets may range from -1 (negatively correlated) to +1 (perfectly correlated). Let's return to a definition. What is the expected return of a portfolio of assets?

1 brandon has partial amnesia and forgot how much he

1.) Brandon has partial amnesia and forgot how much he borrowed. He does remember that he borrowed the money 21 months ago and that the interest rate was 5% per annum. The last letter from the bank simply stated he owed ...

Sensitivity analysisconsider a project to supply detroit

Sensitivity Analysis Consider a project to supply Detroit with 25,000 tons of machine screws annually for automobile production. You will need an initial $2,400,000 investment in threading equipment to get the project st ...

Suppose community bank offers to lend you 10000 for one

Suppose Community Bank offers to lend you $10,000 for one year at a nominal annual rate of 8.00%, but you must make interest payments at the end of each quarter and then pay off the $10,000 principal amount at the end of ...

Toy is a leading company in the toy and game industry

TOY is a leading company in the toy and game industry. Analysts make the following forecast for the forecast horizon of 20X5 and 20X7. The company has shares outstanding of 100 million at the end of 20X4A. Assume that TO ...

If you deposit 589 into an account paying 1400 annual

If you deposit $589 into an account paying 14.00% annual interest compounded quarterly, how many years until there is $53,696 in the account? If you deposit $67,002 at 13.00% annual interest compounded quarterly, how muc ...

What is marketing discipline what is most peoples

What is marketing discipline? What is most people's perception of marketing discipline? Name an organization that has done a great job marketing. What did they do to make you feel this way?

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As