Sime Cooperation. is a ship building company. Recently, the company was appointed by the government to build...

50.1K

Verified Solution

Question

General Management

Sime Cooperation. is a shipbuilding company. Recently, the company was appointed by thegovernment to build a brand new ship. Table 1.1 shows the processsequence data for the ship development. As an industrial engineer,you need to provide the top management with certain informationbelow:

Activity

Predecessor

Time Estimates (Days)

 
 
Cost per day
 
 
Crash cost per day

Optimistic

Most Likely

Pessimistic

a

m

b

A

-

50

55

60

50

75

B

A

32

34

36

50

75

C

A

68

72

76

80

120

D

B

30

34

38

40

60

E

B, C

56

60

64

60

90

F

E

68

70

78

70

105

G

D, F

100

110

120

60

90

  1. Develop a network diagram for the above project. Determine thecritical path and minimum project completion time.
  2. Calculate the probability that the project can be completed inless than 380 days.
  3. ) If the project has to be shortened by three (3) days,determine which activity needs to be crashed and the additionalcost involved. Assume there is no limit for crash time and cost perday as well as crash cost per day were based on expected time.

Answer & Explanation Solved by verified expert
4.2 Ratings (509 Votes)
abThe critical time for this project is 258 days hence theprobability that the    See Answer
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students