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A competitor of Kozar International, Inc. has begun marketing a new instant-deve

ID: 438097 • Letter: A

Question

A competitor of Kozar International, Inc. has begun marketing a new instant-developing film project. Kozar has had a similar product under study in its R&D department but has not yet been able to begin production. Because of the competitor's action, top managers have asked for a speedup of R&D activities so that Kozar can produce and market instant film at the earliest possible date. The predecessor information and activity time estimates in months are shown in the next column. <?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" /?>

Activity

Immediate Predecessors

Optimistic Time

Most Probable Time

Pessimistic Time

A

-

1

1.5

5

B

A

3

4

5

C

A

1

2

3

D

B,C

3.5

5

6.5

E

B

4

5

12

F

C,D,E

6.5

7.5

11.5

G

E

5

9

13

Project Network:

That is the best I can get the project network into this problem

<?xml:namespace prefix = v ns = "urn:schemas-microsoft-com:vml" /?>

B

G

A

D

C

F

A. Develop an activity schedule for this project using early and late start and finish times, compute activity slack time, and define the critical activities.

Activity

Immediate Predecessors

Optimistic Time

Most Probable Time

Pessimistic Time

A

-

1

1.5

5

B

A

3

4

5

C

A

1

2

3

D

B,C

3.5

5

6.5

E

B

4

5

12

F

C,D,E

6.5

7.5

11.5

G

E

5

9

13

Explanation / Answer

Using the 3-point estimates of times, we obtain:

Activity

Mean

Variance

A

2

0.44

B

4

0.11

C

2

0.11

D

5

0.25

E

6

1.78

F

8

0.69

G

9

1.78

Activity

Immediate Predecessor

Time

(days)

Earliest Start

Earliest Finish

Latest

Start

Latest Finish

Slack

A

---

2

0

2

0

2

0

B

A

4

2

6

2

6

0

C

A

2

2

4

5

7

3

D

B,C

5

6

11

7

12

1

E

B

6

6

12

6

12

0

F

C,D.E

8

12

20

12

20

0

G

F

9

20

29

20

29

0

Activity

Mean

Variance

A

2

0.44

B

4

0.11

C

2

0.11

D

5

0.25

E

6

1.78

F

8

0.69

G

9

1.78

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