A Network Consists of the Activities in the Following List

question 51

Essay

A network consists of the activities in the following list. Times are given in weeks.
$$\begin{array} { | c | c | c | } \hline \text { Activity } & \text { Preceding } & \text { Duration } \\\hline \text { A } & - - & 8 \\\hline \text { B } & - - & 3 \\\hline \text { C } & \text { A } & 7 \\\hline \text { D } & \text { A, B } & 3 \\\hline \text { E } & \text { C } & 4 \\\hline \text { F } & \text { D } & 6 \\\hline\end{array}$$ a. Draw the network diagram.
b. Calculate the ES, EF, LS, LF, and Slack for each activity.
c. What is project completion time?

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Definitions:

Charges

Fees imposed for services rendered or penalties for not meeting certain conditions.

Profit-maximizing

A strategy aiming to achieve the highest profit possible by adjusting output levels, pricing, or other operational variables.

Produces

The act or process of creating goods and services.

Loss

A situation in which expenses exceed revenues, leading to negative profit.