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    QA Assignment II 2023

    Uploaded by

    eyob yohannes
    1. Reliable Construction Company was awarded a $5.4 million contract to build a new plant within 1 year. They face a $300,000 penalty for missing the 47-week deadline or a $150,000 bonus for completing within 40 weeks. 2. The project manager must develop a network diagram and schedule to ensure completion by the 47-week deadline while aiming to finish early for the bonus. They are provided activity details and durations to develop the critical path. 3. Key tasks that could delay completion if they overrun must be identified as critical activities, while allowable delays in non-critical tasks are determined. The probability of meeting the deadline is also estimated given uncertainty in durations.

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    QA Assignment II 2023

    Uploaded by

    eyob yohannes
    207 views3 pages
    1. Reliable Construction Company was awarded a $5.4 million contract to build a new plant within 1 year. They face a $300,000 penalty for missing the 47-week deadline or a $150,000 bonus for completing within 40 weeks. 2. The project manager must develop a network diagram and schedule to ensure completion by the 47-week deadline while aiming to finish early for the bonus. They are provided activity details and durations to develop the critical path. 3. Key tasks that could delay completion if they overrun must be identified as critical activities, while allowable delays in non-critical tasks are determined. The probability of meeting the deadline is also estimated given uncertainty in durations.

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    1. Reliable Construction Company was awarded a $5.4 million contract to build a new plant within 1 year. They face a $300,000 penalty for missing the 47-week deadline or a $150,000 bonus for completing within 40 weeks. 2. The project manager must develop a network diagram and schedule to ensure completion by the 47-week deadline while aiming to finish early for the bonus. They are provided activity details and durations to develop the critical path. 3. Key tasks that could delay completion if they overrun must be identified as critical activities, while allowable delays in non-critical tasks are determined. The probability of meeting the deadline is also estimated given uncertainty in durations.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    207 views3 pages

    QA Assignment II 2023

    Uploaded by

    eyob yohannes
    1. Reliable Construction Company was awarded a $5.4 million contract to build a new plant within 1 year. They face a $300,000 penalty for missing the 47-week deadline or a $150,000 bonus for completing within 40 weeks. 2. The project manager must develop a network diagram and schedule to ensure completion by the 47-week deadline while aiming to finish early for the bonus. They are provided activity details and durations to develop the critical path. 3. Key tasks that could delay completion if they overrun must be identified as critical activities, while allowable delays in non-critical tasks are determined. The probability of meeting the deadline is also estimated given uncertainty in durations.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 3

    Group Assignment II

    Question1: Project Management: Net work Models

    1. The RELIABLE CONSTRUCTION COMPANY has just made the winning bid of $5.4
    million to construct a new plant for a major manufacturer. The manufacturer needs the plant
    to go into operation within a year. Therefore, the contract includes the following provisions:
    • A penalty of $300,000 if Reliable has not completed construction by the deadline 47
    weeks from now.
    • To provide additional incentive for speedy construction, a bonus of $150,000 will be paid
    to Reliable if the plant is completed within 40 weeks.
    Reliable is assigning its best construction manager to this project to help ensure that it stays on
    schedule. The project manager looks forward to the challenge of bringing the project in on
    schedule, and perhaps even finishing early. However, since he is doubtful that it will be feasible
    to finish within 40 weeks without incurring excessive costs, he has decided to focus his initial
    planning on meeting the deadline of 47 weeks. The following tables show the list of the various
    activities and cost related information.
    Table 1. Activity related information
    Activity Activity description Immediate Estimated duration
    Predecessor in weeks
    A Evacuate - 2
    B Lay the foundation A 4
    C Put up the rough wall B 10
    D Put up the roof C 6
    E Install the exterior plumbing C 4
    F Install the interior plumbing E 5
    G Put up the exterior sliding D 7
    H Do the exterior painting E,G 9
    I Do the electric work C 7
    J Put up the wallboard F,I 8
    K Install the flooring J 4
    L Do the interior painting J 5
    M Install the exterior fixtures H 2
    N Install the interior fixtures K,L 6

    1
    Given all the information in the two tables above and other information, answer the following
    questions.
    1. Draw Network Diagram using AOA (Activity on Arrow) convention.
    2. What is expected project duration and Identify critical activities?
    4. Which are the critical bottleneck activities where any delays must be avoided to prevent
    delaying project completion?
    5. For the other activities, how much delay can be tolerated without delaying project completion?
    7. Given the uncertainties in accurately estimating activity durations, what is the probability
    of completing the project by the deadline?
    8. Prepare the project crashing Schedule
    9. Do you think Reliable enjoy the incentive or bear the penalty? Why?
    Question2

    Discuss on Inventory models (both dependent and independent) and support the models with
    examples.

    Question 3

    Solve the following problem

    a. Using Branch and Bound and enumeration Method,

    Zmin = 15x1 + 10x2 +12x3

    2
    S. To:

    4x1 + 6x2 + 5x3 > 60

    3x1 + x2 + x3 > 18

    All variables > 0 and integer

    b. How would the solution in (a) above vary if the problem were Binary.

    Question 4

    Discuss about simulation models and situations in which they could be applicable. Discuss also
    about Monte Carlo Model of Simulation Models.

    Question 5.

    What are main components of waiting/queuing lines model and where do you think these models
    could be applicable.

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