A Manufacturing Company Wants to Accelerate a Project It Has

question 12

Essay

A manufacturing company wants to accelerate a project it has underway for a new product in order to beat their competitors to market.They used CPM to develop the project which has the following activities, durations (in weeks), costs (in dollars), and precedence relationships:

a.How many paths are in the network?
b.What is the latest finish (LF) time for activity g?
c.What is the slack in weeks for activity c?
d.What is the critical path for this project?
e.What is the duration of the critical path in weeks?
f.What activity should be crashed first in order to accelerate the project?
g.What is the final project duration in weeks assuming it is crashed as far as possible?
h.What is total cost to crash the project as far as possible?

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Definitions:

Hiring Likelihood

Hiring likelihood is a term used to describe the probability or chance that a job applicant will be offered a position.

Work Experience

The accumulation of job-related skills and knowledge gained through paid or unpaid positions held over time.

Gender of Applicant

A variable or characteristic referring to whether an applicant identifies as male, female, or another gender, in contexts such as job applications.

IV × PV Design

A factorial experimental design involving an independent variable (IV) and a participant variable (PV), used to examine their interaction effects.