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Management Studies

Q. a. Construct the appropriate network diagram.

b. Indicate the critical path.

c. Illustrate what is the expected completion time for the project?

d. You can accomplish any one of the subsequent at an additional cost of $1,500:

(1) Reduce job 5 by two days.

(2) Reduce job 3 by two days.

(3) Reduce job 7 by two days.

If you will save $1,000 for each day which the earliest completion time is reduced, which action, if any, would you choose?

e. Illustrate what is the probability which the project will take more than 30 days to complete?

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Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M9313117

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