Question

In: Math

The Laurenster Corporation needs to set up an assembly line to produce a new product. The...

The Laurenster Corporation needs to set up an assembly line to produce a new product. The fol- lowing table describes the relationships among the activities that need to be completed for this product to be manufactured.

   DAYS    IMMEDIATE

ACTIVITY    a m                     b                      PREDECESSORS

A 3                      6                      6                                  —                              

B                     5                      8                      11                                A                                

C                     5                      6                      10                                A                                            

D                     1                      2                      6                                  B, C                            

E                      7                      11                    15                                D                                

F                      7                      9                      14                                D                                

G                     6                      8                      10                                D                                

H                     3                      4                      8                                  F, G                            

I                       3                      5                      7                                  E, F, H

a) Develop a project network for this problem.

b) Determine the expected duration and variance for each activity.

c) Determine the ES, EF, LS, LF, and slack time for each activity. Also determine the total

    project completion time and the critical path(s).

d) Determine the probability that the project will be completed in 34 days or less.

e) Determine the probability that the project will take longer than 29 days.

*****PLEASE SHOW ME HOW TO CALCULATE IN EXCEL QM...FORMULAS' INCLUDED****

Solutions

Expert Solution


Related Solutions

An engineering group needs to set up an assembly line to produce a new product. The...
An engineering group needs to set up an assembly line to produce a new product. The following table describes the relationships between the activities, their predecessors, and the estimated activity times (in weeks) for this project. (10 points) Activity Immediate Predecessors) Optimistic (Weeks) Most Likely (Weeks) Pessimistic (Weeks) A --- 4 7 10 B A 2 8 20 C A 8 12 16 D B 1 2 3 E D, C 6 8 22 F C 2 3 4 G...
Tisla Motors needs to select an assembly line for producing their new SUV. They have two...
Tisla Motors needs to select an assembly line for producing their new SUV. They have two options: Option A is a highly automated assembly line that has a large up-front cost but low maintenance cost over the years. This option will cost $9 million today with a yearly operating cost of $2 million. The assembly line will last for 5 years and be sold for $5 million in 5 years. Option B is a cheaper alternative with less technology, a...
Ruff Motors needs to select an assembly line for producing their new SUV. They have two...
Ruff Motors needs to select an assembly line for producing their new SUV. They have two options: Option A is a highly automated assembly line that has a large up-front cost but low maintenance cost over the years. This option will cost $9 million today with a yearly operating cost of $2 million. The assembly line will last for 5 years and be sold for $5 million in 5 years. Option B is a cheaper alternative with less technology, a...
Trademark Inc. is planning to set up a new manufacturing plant in New York to produce...
Trademark Inc. is planning to set up a new manufacturing plant in New York to produce safety tools. The company bought some land six years ago for $4.3 million in anticipation of using it as a warehouse and distribution site, but the company has since decided to rent these facilities from a competitor instead. If the land were sold today, the company would sell for $4.6 million on an after-tax basis. In four years, the land could be sold for...
The company is considering a new assembly line to replace the existing assembly line. The existing...
The company is considering a new assembly line to replace the existing assembly line. The existing assembly line was installed 3 years ago at a cost of $90,000; it was being depreciated under the straight-line method. The existing assembly line is expected to have a usable life of 6 more years. The new assembly line costs $120,000; requires $9,000 in installation costs and $5,000 in training fees; it has a 6-year usable life and would be depreciated under the straight-line...
Macon Company is considering a new assembly line to replace the existing assembly line.
  Macon Company is considering a new assembly line to replace the existing assembly line. The existing assembly line was installed 3 years ago at a cost of $90,000; it was being depreciated under the straight-line method. The existing assembly line is expected to have a usable life of 6 more years. The new assembly line costs $120,000; requires $9,000 in installation costs and $5,000 in training fees; it has a 6-year usable life and would be depreciated under the...
A new client owns and operates of manufacturing business. The client needs to set up a...
A new client owns and operates of manufacturing business. The client needs to set up a proper cost accounting system (e.g., job order cost, process cost, and ABC) for the business.  This client is seeking general advice as to which type of system is appropriate for the business. In a new post, use the Reply button at the bottom of this page to respond to the question below: Discussion Question 1: Before you provide any advice, what are one or two...
Macon Company is considering a new assembly line to replace the existing assembly line. The existing...
Macon Company is considering a new assembly line to replace the existing assembly line. The existing assembly line was installed 3 years ago at a cost of $90,000; it was being depreciated under the straight-line method. The existing assembly line is expected to have a usable life of 6 more years. The new assembly line costs $120,000; requires $9,000 in installation costs and $5,000 in training fees; it has a 6-year usable life and would be depreciated under the straight-line...
Macon Company is considering a new assembly line to replace the existing assembly line. The existing...
Macon Company is considering a new assembly line to replace the existing assembly line. The existing assembly line was installed 3 years ago at a cost of $90,000; it was being depreciated under the straight-line method. The existing assembly line is expected to have a usable life of 6 more years. The new assembly line costs $120,000; requires $9,000 in installation costs and $5,000 in training fees; it has a 6-year usable life and would be depreciated under the straight-line...
Macon Company is considering a new assembly line to replace the existing assembly line. The existing...
Macon Company is considering a new assembly line to replace the existing assembly line. The existing assembly line was installed 3 years ago at a cost of $90,000; it was being depreciated under the straight-line method. The existing assembly line is expected to have a usable life of 6 more years. The new assembly line costs $120,000; requires $9,000 in installation costs and $5,000 in training fees; it has a 6-year usable life and would be depreciated under the straight-line...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT