You Are in Charge of the "Advertising Program" for the Boston

question 59

Essay

You are in charge of the "advertising program" for the Boston Red Sox baseball team during their spring training in Fort Myers, Florida. You have defined the advertising program as a project with the following characteristics. The goal is to fill all stadium seats during the spring training season.
$$\begin{array} { c c c } \text { Activity } & \text { Immediate Predecessors) } & \text { Activity Time weeks) } \\\text { A } & \text {none } & 1 \\\text { B } & \text { A } & 2 \\\text { C } & \text { A } & 3 \\\text { D } & \text { A, B } & 4 \\\text { E } & \text { C, D } & 3 \\\text { F } & \text { D, E } & 2\end{array}$$
a. What is the earliest completion time for this project?
b. What is the largest amount of slack that any activity has in this project?
c. If activity C is delayed three weeks, what is the revised earliest project completion time?
d. For the original CPM problem, what is the minimum number of activities that would have to be crashed in order to reduce the project's earliest completion time by two weeks assuming all activity crash costs per week are the same and all activities can be crashed?

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Definitions:

Standardized Product

Goods or services that are uniform in quality and performance, making them interchangeable with similar products from different producers.

Pure Competition

A market structure characterized by an extremely large number of sellers, none of whom can control market prices or product quality, leading to a situation where products are homogeneous and businesses have no control over pricing.

U.S. Automobile Industry

A significant sector of the U.S. economy, involving the design, manufacture, and sale of motor vehicles within the United States.

Oligopoly

represents a market structure with a small number of large firms dominating the industry, leading to potential collaboration and less competitive market conditions.