What is the minimum number of weeks required for completing the project? What is the latest possible week that activity C may be started without delaying completion of the project?  What is the computed slack time for activity D?

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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Redman Finance Services Inc. is interested to offer shared service expense reporting and processing services to a large multinational organization using an IaaS-SaaS-PaaS Model. Should the offer be accepted, following are the key activities to implement the project.

  • What is the minimum number of weeks required for completing the project?
  • What is the latest possible week that activity C may be started without delaying completion of the project? 
  • What is the computed slack time for activity D? 
  • Determine the latest finish time for activity E.
  • Determine the latest time activity A can be started without delaying the project completion. 

 

Activity
Code
Time (in
Weeks)
Immediate
Description
Predecessor
Contracting
business partners.
A
4
Purchasing
equipment.
В
3
Hiring and training
personnel.
C
A
2
Installing software
in new hardware.
B
7
Setting up service
Apps and templates.
E
C,D
4
Process purchases
and payments.
F
B
5
Business Systems
Go Live Tests.
G
E,F
4
Transcribed Image Text:Activity Code Time (in Weeks) Immediate Description Predecessor Contracting business partners. A 4 Purchasing equipment. В 3 Hiring and training personnel. C A 2 Installing software in new hardware. B 7 Setting up service Apps and templates. E C,D 4 Process purchases and payments. F B 5 Business Systems Go Live Tests. G E,F 4
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