Practical Operations Management
Practical Operations Management
2nd Edition
ISBN: 9781939297136
Author: Simpson
Publisher: HERCHER PUBLISHING,INCORPORATED
bartleby

Concept explainers

bartleby

Videos

Question
Book Icon
Chapter 7, Problem 32P

a

Summary Introduction

Interpretation:

Expected completion time of project.

Concept Introduction: The critical path is the arrangement of project activities which gives an estimated time duration under which the project will be completed. The project activities may include float activities which can be delayed focusing on the shortest time duration.

a

Expert Solution
Check Mark

Explanation of Solution

Calculate the estimated task time:

    TaskImmediate predecessorsOptimistic timeMost likely timePessimistic timeEstimated task timeVariance
    ANone12320.11
    BA24640.44
    CNone24640.44
    DB and C12931.78

Calculate the estimated task time for task A:

It is calculated by dividing the value attained by adding optimistic time, pessimistic time and four times of most likely time with the value 6.

  EstimatedtasktimeofTaskA=Optimistic+(4×Mostlikely)+Pessimistic6=1hour+(4×2hours)+3hour6=12hours6=2hours

Hence, the estimated task time for task A is 2 hours.

Calculate the estimated task time for task B:

It is calculated by dividing the value attained by adding optimistic time, pessimistic time and four times of most likely time with the value 6.

  EstimatedtasktimeofTaskB=Optimistic+(4×Mostlikely)+Pessimistic6=2hour+(4×4hours)+6hour6=24hours6=4hours

Hence, the estimated task time for task B is 4 hours.

Calculation of estimated task time for Task C:

It is calculated by dividing the value attained by adding optimistic time, pessimistic time and four times of most likely time with the value 6.

  EstimatedtasktimeofTaskC=Optimistic+(4×Mostlikely)+Pessimistic6=2hour+(4×4hours)+6hour6=24hours6=4 hours

Hence, the estimated task time for Task C is 4 hours.

Calculate the estimated task time for Task D:

It is calculated by dividing the value attained by adding optimistic time, pessimistic time and four times of most likely time with the value 6.

  EstimatedtasktimeofTaskD=Optimistic+(4×Mostlikely)+Pessimistic6=1hour+(4×2hours)+9hours6=18hours6=3hours

Hence, the estimated task time for task D is 3 hours.

Calculate the variance for Task A:

It is calculated by dividing the value attained subtracting the optimistic time from the pessimistic time with the value of 6. Then, square the attained value.

  VarianceofTaskA=(PessimisticOptimistic6)2

  VarianceofTaskA=(3hour1hour6)2=(2hour6)2=0.11

Calculate the variance for Task B:

It is calculated by dividing the value attained subtracting the optimistic time from the pessimistic time with the value of 6. Then, square the attained value.

  VarianceofTaskB=(PessimisticOptimistic6)2

  VarianceofTaskD=(6hour2hour6)2=(4hour6)2=0.44

Hence, the variance for task B is 0.44

Calculate the variance for Task C:

It is calculated by dividing the value attained subtracting the optimistic time from the pessimistic time with the value of 6. Then, square the attained value.

  VarianceofTaskD=(6hour2hour6)2=(4hour6)2=0.44

Hence, the variance for Task C is 0.44

Calculate the variance for Task D:

It is calculated by dividing the value attained subtracting the optimistic time from the pessimistic time with the value of 6. Then, square the attained value.

  VarianceofTaskD=(PessimisticOptimistic6)2

  VarianceofTaskD=(9hour1hour6)2=(8hour6)2=1.78

Hence, the variance for Task D is 1.78

Project network diagram for given information:

The below image shows the project network with the early start, early finish, late start and late finish:

  Practical Operations Management, Chapter 7, Problem 32P

A

The critical path in the project network:

The paths in the given project network are as follows:

A-B-D

C-D

There are two paths in the project network.

Out of the above-mentioned path, the path has the equal early start and late start at the same time early finish and late finish are the critical path.

Hence, the critical path is A-B-D and the project completion time is 9 days.

b

Summary Introduction

Interpretation:

Time duration in the beginning of reconfiguration.

Concept Introduction: Early start time: The rule for the early start time of a task is that it is equal to the largest early finish time of the task’s immediate predecessors.

Early finish time: The early finish time of a task is the addition of both task time and early start time of the task.

b

Expert Solution
Check Mark

Explanation of Solution

The late start time for activity C:

According to the project network, the late start time for activity C is 2 day.

c

Summary Introduction

Interpretation:

Probability that warehouse will finish the project.

Concept Introduction: Early start time: The rule for the early start time of a task is that it is equal to the largest early finish time of the task’s immediate predecessors.

Early finish time: The early finish time of a task is the addition of both task time and early start time of the task.

c

Expert Solution
Check Mark

Explanation of Solution

The probability to finish the operation, which started at 1:00 a.m. and finished at 11:00 a.m. on the same day:

The value of Z should be calculated to find the probability to find the operation.

It is calculated by dividing the value attained by subtracting the completion time from the time (time gap from 1:00 a.m. to 11:00 a.m.) with the square root of the variance of critical path (sum of the variance of critical path).

  Z=Time-CompletiontimeVarianceofcriticalpath

  Z=10hour-9hour0.11+0.44+1.78=1hour2.33=0.6551

Hence, the value of Z is 0.6551

For Z= 0.6551, the normal distribution table value is 0.7422. Thus, the probability is 74%.

Want to see more full solutions like this?

Subscribe now to access step-by-step solutions to millions of textbook problems written by subject matter experts!
Students have asked these similar questions
1. Strategic Predispositions of MNEsChapter 8 outlines four strategic predispositions—ethnocentric, polycentric, regiocentric, and geocentric. a. Define each orientation and explain how it shapes an MNE’s approach to market entry, integration, and control. b. Provide a real or hypothetical example of a firm (e.g., IKEA, Samsung) for each orientation, justifying why that orientation fits based on its structure and policies. c. Evaluate the potential benefits and downsides of each orientation for international competitiveness and global performance. 2. External and Internal Analysis in Strategy FormulationChapter 8 emphasizes the importance of external environmental assessment (macro and industry-level forces) and internal resource evaluation when crafting a multinational strategy. a. Describe key elements of external assessment (e.g., market size, political risk, competition) and internal evaluation (e.g., firm capabilities, value-chain strengths). b. Choose an MNE (real or…
1. Structural Arrangements for Global Integration vs Local ResponsivenessChapter 9 explains how MNEs structure their organizations to balance global efficiency and local responsiveness. a. Describe the main organizational structures covered (e.g., international division, global product division, geographic/regional division, matrix, transnational). b. Choose one global MNE (real or hypothetical) and argue which structure (or hybrid) best suits its strategy—taking into account industry, scale, and diversity of markets. c. Discuss two key challenges this MNE might face under that structure (e.g., coordination complexity, role ambiguity), and recommend how to address them. 2. Control Mechanisms & Coordination in MNEsEffective international organization also relies on control systems and coordination processes. a. Define and contrast different control mechanisms (e.g., output controls, process controls, cultural/values-based controls) as presented in the chapter. b. Provide…
3. Overcoming Negotiation Challenges:Describe two common challenges negotiators face during the planning phase. How can these challenges be anticipated and effectively addressed? 4. Strategic Planning in Practice:Think of a past negotiation experience (real or hypothetical). How would applying the principles of strategic negotiation planning from this chapter have improved the outcome? 5. Chapter Summary Reflection:Summarize the major insights from Chapter 4. How does strategic planning enhance a negotiator’s ability to stay focused and adaptable during complex negotiations?
Knowledge Booster
Background pattern image
Operations Management
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, operations-management and related others by exploring similar questions and additional content below.
Similar questions
SEE MORE QUESTIONS
Recommended textbooks for you
Text book image
Practical Management Science
Operations Management
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:Cengage,
Text book image
Principles of Management
Management
ISBN:9780998625768
Author:OpenStax
Publisher:OpenStax College
Text book image
MARKETING 2018
Marketing
ISBN:9780357033753
Author:Pride
Publisher:CENGAGE L
Inventory Management | Concepts, Examples and Solved Problems; Author: Dr. Bharatendra Rai;https://www.youtube.com/watch?v=2n9NLZTIlz8;License: Standard YouTube License, CC-BY