Consider a Project That Has Been Modeled as Follows

question 21

Essay

Consider a project that has been modeled as follows:

a.Draw the PERT/CPM network for this project and determine project's expected completion time and its critical path.
b.Can activities E and G be performed simultaneously without delaying the minimum project completion time?
c.Can one person perform A,G,and I without delaying the project?
d.By how much can activities G and L be delayed without delaying the entire project?
e.How much would the project be delayed if activity G was delayed by 7 hours and activity L was delayed by 4 hours? Explain.

---

Definitions:

Gross Profit

The revenue a corporation retains after removing the costs related to the creation and sale of its products or the provision of its services.

Sales Discounts

Reductions in the amount due from a customer, offered as an incentive for early payment according to the sales terms.

Sales Returns

Transactions where customers return previously purchased merchandise, leading to a reversal of revenue.

Cost of Goods Sold

The specific costs incurred in the production of a company's sold merchandise.