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Create the the network if it is accelerated according to the schedule above b.Find the cost and the duration c.Determine the path and critical activities

Create the the network if it is accelerated according to the schedule above b.Find the cost and the duration c.Determine the path and critical activities

Understanding Business
Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
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The product development group at “Griffin” Company has already worked on new computer software products that has potential to know a large market share. Via an outside source, London Management has learned that a competitor is working to bring a similar product to market. As a result, London's top management increased its pressure on the product development group. Group leaders have turned to CPM / PERT as an aid to scheduling remaining activities before new products can be brought to market. The estimated time of activity in a day is as follows

a.Create the the network if it is accelerated according to the schedule above

b.Find the cost and the duration

c.Determine the path and critical activities

Activities Predecessor Time accelerated Cost($) a m b CN СА A 4 8 4 1000 1900 -- В 6 8 16 7 1000 1800 -- C A 2 4 6. 2 1500 2700 В 8 10 24 2000 3200 E C,D 7 10 13 7 5000 8000 F C,D 4 6. 8 4 3000 4100 C,D 4 6. 20 8000 10250 H 4 8 4 5000 6400 F 4 14 4 10000 12400 J E,H 3 4 5 4000 4400 K G 4 6. 5000 5500 L E,H 1,J,K 12 16 20 10 18000 30000 14 15 28 12 22000 30000
Transcribed Image Text:Activities Predecessor Time accelerated Cost($) a m b CN СА A 4 8 4 1000 1900 -- В 6 8 16 7 1000 1800 -- C A 2 4 6. 2 1500 2700 В 8 10 24 2000 3200 E C,D 7 10 13 7 5000 8000 F C,D 4 6. 8 4 3000 4100 C,D 4 6. 20 8000 10250 H 4 8 4 5000 6400 F 4 14 4 10000 12400 J E,H 3 4 5 4000 4400 K G 4 6. 5000 5500 L E,H 1,J,K 12 16 20 10 18000 30000 14 15 28 12 22000 30000
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