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GB

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​Adam Smith's pin factory and Henry Ford's automobile assembly line are examples of

A) ​Product lines
B) Functionally organized firms
C) Inefficient processes
D) ​In-line production

On Sep 27, 2024


B
GB

Answered

Consider the network described in the table below.
 Activity  Immediate  Predecessor(s)  Pessimistic  Probable  Optimistic  J −−15108 K −−987 L  J 1065 M  J 333 N  K, M 951 O  K, M 1074 P  L, N 1083\begin{array} { | c | c | c | c | c | } \hline \text { Activity } & \begin{array} { c } \text { Immediate } \\\text { Predecessor(s) }\end{array} & \text { Pessimistic } & \text { Probable } & \text { Optimistic } \\\hline \text { J } & - - & 15 & 10 & 8 \\\hline \text { K } & - - & 9 & 8 & 7 \\\hline \text { L } & \text { J } & 10 & 6 & 5 \\\hline \text { M } & \text { J } & 3 & 3 & 3 \\\hline \text { N } & \text { K, M } & 9 & 5 & 1 \\\hline \text { O } & \text { K, M } & 10 & 7 & 4 \\\hline \text { P } & \text { L, N } & 10 & 8 & 3 \\\hline\end{array} Activity  J  K  L  M  N  O  P  Immediate  Predecessor(s)  J  J  K, M  K, M  L, N  Pessimistic 15910391010 Probable 10863578 Optimistic 8753143 a. Calculate the expected duration of each activity.
b. Calculate the expected duration and variance of the critical path.
c. Calculate the probability that the project will be completed in fewer than 30 time units.

On Sep 23, 2024


(a) See table below.
(b) Tasks J-M-N-P are critical. The sum of their expected durations is 26.00; the sum of their variances is 4.50.
(c) The standard deviation along the path is = 2.12; the probability that Duration < 30 is the probability that z < (30 - 26.00)/2.12 = 1.89. The associated normal curve area is 0.97062.  (a) See table below. (b) Tasks J-M-N-P are critical. The sum of their expected durations is 26.00; the sum of their variances is 4.50. (c) The standard deviation along the path is = 2.12; the probability that Duration < 30 is the probability that z < (30 - 26.00)/2.12 = 1.89. The associated normal curve area is 0.97062.    \begin{array}{|c|c|c|c|c|c|c|c|} \hline\text { Task } & \begin{array}{c} \text { Early } \\ \text { Start } \end{array} & \begin{array}{c} \text { Early } \\ \text { Finish } \end{array} & \begin{array}{c} \text { Late } \\ \text { Start } \end{array} & \begin{array}{c} \text { Late } \\ \text { Finish } \end{array} & \text { Slack } & \text { Mean } & \text { Variance } \\ \hline \mathrm{J} & 0 & 10.5 & 0 & 10.5 & 0 & 10.5 & 1.361111 \\ \hline \mathrm{K} & 0 & 8 & 5.5 & 13.5 & 5.5 & 8 & \\ \hline \mathrm{L} & 10.5 & 17 & 19.5 & 26 & 9 & 6.5 & \\ \hline \mathrm{M} & 10.5 & 13.5 & 10.5 & 13.5 & 0 & 3 & 0 \\ \hline \mathrm{N} & 13.5 & 18.5 & 13.5 & 18.5 & 0 & 5 & 1.777778 \\ \hline \mathrm{O} & 13.5 & 20.5 & 19 & 26 & 5.5 & 7 & \\ \hline \mathrm{P} & 18.5 & 26 & 18.5 & 26 & 0 & 7.5 & 1.361111\\ \hline &\text { Project } & 26 & & & & \text { Project } & 4.5 \\ \hline & & & & & & \text { Std.dev } & 2.12132\\ \hline \end{array}  Task  Early  Start  Early  Finish  Late  Start  Late  Finish  Slack  Mean  Variance J010.5010.5010.51.361111K085.513.55.58L10.51719.52696.5M10.513.510.513.5030N13.518.513.518.5051.777778O13.520.519265.57P18.52618.52607.51.361111 Project 26 Project 4.5 Std.dev 2.12132\begin{array}{|c|c|c|c|c|c|c|c|}\hline\text { Task } & \begin{array}{c}\text { Early } \\\text { Start }\end{array} & \begin{array}{c}\text { Early } \\\text { Finish }\end{array} & \begin{array}{c}\text { Late } \\\text { Start }\end{array} & \begin{array}{c}\text { Late } \\\text { Finish }\end{array} & \text { Slack } & \text { Mean } & \text { Variance } \\\hline \mathrm{J} & 0 & 10.5 & 0 & 10.5 & 0 & 10.5 & 1.361111 \\\hline \mathrm{K} & 0 & 8 & 5.5 & 13.5 & 5.5 & 8 & \\\hline \mathrm{L} & 10.5 & 17 & 19.5 & 26 & 9 & 6.5 & \\\hline \mathrm{M} & 10.5 & 13.5 & 10.5 & 13.5 & 0 & 3 & 0 \\\hline \mathrm{N} & 13.5 & 18.5 & 13.5 & 18.5 & 0 & 5 & 1.777778 \\\hline \mathrm{O} & 13.5 & 20.5 & 19 & 26 & 5.5 & 7 & \\\hline \mathrm{P} & 18.5 & 26 & 18.5 & 26 & 0 & 7.5 & 1.361111\\\hline &\text { Project } & 26 & & & & \text { Project } & 4.5 \\\hline & & & & & & \text { Std.dev } & 2.12132\\\hline\end{array} Task JKLMNOP Early  Start 0010.510.513.513.518.5 Project  Early  Finish 10.581713.518.520.52626 Late  Start 05.519.510.513.51918.5 Late  Finish 10.513.52613.518.52626 Slack 05.59005.50 Mean 10.586.53577.5 Project  Std.dev  Variance 1.36111101.7777781.3611114.52.12132