Tuesday, May 19, 2020
Spreadsheet and Critical Path - 796 Words
Q1. Solve problem 27, page 182 of Mantel. a. Find the expected time and variance for each task. b. Draw the network (either AOA or AON) and the critical path and time. You may use MS Project or draw it manually. In either case, highlight or name the critical path and state the duration. c. Find the probability that the critical path will be completed in 23 weeks d. What is the probability that the other main paths will be completed in 23 weeks? e. If the paths are independent, what is the probability that the entire network will be completed in 23 weeks? SOLUTION: (a) Expected time and Variance is calculated in the Excel file attached. (b) The AOA network is drawn below: (c ) (d) and (e) done in the Excel Spreadsheet Q2.â⬠¦show more contentâ⬠¦In row 8, type each activityââ¬â¢s crash time Copy row 7 and paste it into Row 9. Label each of the Times rows by typing ââ¬Å"Normaâ⬠in G7, ââ¬Å"Crashâ⬠in G8, and ââ¬Å"Actualâ⬠in G9. In Cell A10, type ââ¬Å"Costsâ⬠In Row 11, put each activityââ¬â¢s normal cost. In G11, type ââ¬Å"Normalâ⬠. In Row 12, put each activityââ¬â¢s crash cost. In G12, type ââ¬Å"Crashâ⬠. In G13, type ââ¬Å"Actualâ⬠. Put the formula in A13, =A11+(A7-A9)/(A7-A8)*(A12-A11) Select cells A13:F13, and paste Find the Path and In cell A14, type :Pathsâ⬠In A15 type the Paths, there are 2 paths in cells A15 and A16. In H15 type =SUMPRODUCT(A15:F15,$A$9:$F$9) Copy and paste it to H16 This shows --ïÆ' How long each path takes? Step 2: Identify the critical path The critical path is in row 16 The critical path is 1-AïÆ' 2-CïÆ' 4-EïÆ' 5-FïÆ' 6. Itââ¬â¢s the path with the longest time. To make it easier to see which activities are in each path, got to cell A20 and type =IF(A15=1,A$2,) copy to A20:F21 In cell G17 type MAX In cell H17, type =MAX(H15:H16) This shows how long the slowest path takes. In cell H20 type =IF(H15=H$17,CRITICAL,) Copy cell to H20:H21 The critical path will be labeled as ââ¬Å"CRITICALâ⬠Step 3: Total Cost Formula In cell D14 , type ââ¬Å"Total actual cost:â⬠In cell G14, add up the actual costs of all of the activities. Type =SUM(A13:F13) This shows that if we use all normal times for all activities, the total cost is $1300 Step 4: Fill in theShow MoreRelatedBusiness Informatics1176 Words à |à 5 Pagesuse a filter to narrow down the results on my screen and then just enter the correct data in the first cell and then using the ââ¬Ë+ââ¬â¢ in the corner of the cell drag it down to the bottom of the appropriate cells. II. While this spreadsheet is ideal for keeping track of small amounts of data such as in this case, but once the company grows, so will the amount of customers, staff and products. Making it difficult to keep up with manually entering all of the data and fixing any mistakesRead MoreThe Critical Path Method ( Cpm )1023 Words à |à 5 Pagesbusiness, project management is critically important. The critical path method (CPM) will provide a timeline for the project manager for when tasks should be completed. In addition, providing a deadline and the negative effects it will have on the following successors if not completed on time. These many task are interdepended. Therefore, the CPM provides the start and finishes times of the tasks, and identifies the few tasks on the critical path that the project manager should observe to determine whichRead MoreApplication For Making An Organization Context1719 Words à |à 7 Pagesorganization context 3.1 Demonstrate collected data and information through various graphs using any statistical software e.g. spreadsheet Using spreadsheet, decision makers record their information in rows and column so that data can be presented in graph using MS excel. For quick review of information and easy understanding, business organization uses spreadsheet line. Now, spreadsheet line, pie chart, bar chart will be used to analyze information. Question for the CR Which food you like in the restaurantRead MoreAnalyzing The Concepts Of Production And Cost Essay892 Words à |à 4 PagesTown. The table outline the total product, average product of labor, marginal product of labor and labor. 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At the end of each week, Morgan drives to each location and collects the time cards. He then inputs the data from the time cards in an Excel spreadsheet to calculate the number of hours worked by each employee. He then uses a computer application to print out payroll checks for each employee based on the calculations from the Excel spreadsheet. After which Morgan drives the checks to each location for distribution. IDENTIFIED PROBLEMS The Castleââ¬â¢s Family Organization could benefit fromRead MoreRiordan Manufacturing Hrms Integration Project1743 Words à |à 7 Pageswriting (on special forms) by the employee s manager and are entered into the system by the payroll clerk, making the process vulnerable to errors and lag time. Ã⢠Each recruiter maintains applicant information for open positions and an Excel spreadsheet is used to track the status of applicants. Ã⢠Training and development records are stored in an Excel file by the training and development specialist. Ã⢠Workers compensation is managed by a third-party provider, which keeps its own records.Read MoreProject for Goodwill Industries International, Inc. Essay1261 Words à |à 6 PagesGoodwill Internet auction site, www.shopgoodwill.com. The revenues fund job training and other services to prepare people for job success. More than 84 percent of Goodwillââ¬â¢s total revenues are used to fund education and career services, and other critical community programs Here at Goodwill, we have five values which we feel strongly about and are sure to follow. First we have respect. Respect is listed first because no matter whom you encounter in life, all people deserve respect. At Goodwill
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