Calculate the project completion time of the critical path

Assignment Help Business Economics
Reference no: EM131169466

Jones Machinery specializes in developing weed-harvesting equipment that is used to clear small lakes of weeds. Robert Jones, president of JonesMachinery, is convinced that harvesting weeds is far better than using chemicals to kill weeds. Chemicals cause pollution, and the weeds seem to grow faster after chemicals have been used. George is contemplating the construction of a machine that would harvest weeds on narrow rivers and waterways. The activities that are necessary to build one of these experimental weed-harvesting machines are listed in the accompanying table. 

ACTIVITIES IMMEDIATE PREDECESSORS TIME (WEEKS)

A 7 B 5 C A 3 D A 2 E B 4 F B 6 G C, E 11 H D, F 7    

a) Construct a network. b) Calculate the project completion time of the critical path.  

Reference no: EM131169466

Questions Cloud

Find an equation relating desired national saving : Desired Consumption and Investment are: C^d = 4000 - 4000r + .20Y & I^d = 2400 - 4000r. Find an equation relating desired national saving, S^d, to r & Y? What value of the real interest rate clears the goods market when Y = 10,000?
Beneficial assets and pressing needs of the communities : Assume you are promoted to be the leader of an international company operating in a Italy and identify what you consider to be the most beneficial assets and pressing needs of the communities in italy. Discuss how you would plan to build and sustain ..
Ride hailing services utilize dynamic pricing model : Ride hailing services utilize a dynamic pricing model. Using supply and demand tools (you don’t have to actually show the graphs… but they may help you on scratch paper) illustrate how microeconomics explains the shifts in pricing and how it describe..
What has happened with pound exchange rate and stock markets : With the likely move toward a Brexit, look at what has happened with the Pound exchange rate and stock markets. (what has happened?) What if you had already been exporting to the UK, what would this do for you? What if you are importing from the UK, ..
Calculate the project completion time of the critical path : Jones Machinery specializes in developing weed-harvesting equipment that is used to clear small lakes of weeds. Robert Jones, president of JonesMachinery, is convinced that harvesting weeds is far better than using chemicals to kill weeds. Calculate ..
How much should the company produce in order to break even : David’s total variable cost function has been calculated to be TVC = 100Q + 30Q² - Q³, where Q is the number of units of output. When marginal cost is a minimum, what is the output level? When average variable cost is a minimum, what is the output le..
Starting new scholarship fund for incoming students : The Texas Tech alumni association is interested in starting a new scholarship fund for incoming students. Each scholarship will be $500 and they anticipate funding 10 students each year. Assume that the Alumni association can receive a return of 6% (..
Anticipate making single lump sum investment today : Your employer has anticipated needing $60,000 in two and a half years to finance the purchase of a new lathe. If they anticipate making a single lump sum investment today into a savings account that will return 12% interest compounded continuously, h..
Negotiating coin-binding of policies vs liberalization : What are the main elements of WTO reform agenda? Please describe clearly through these sector: Core elements of the WTO’s modus operandi. Matching instruments to objectives: What problems do proposed reforms fix? Forum for Negotiatons (Agenda-setting..

Reviews

Write a Review

Business Economics Questions & Answers

  What is the marginal propensity to consume

What is the marginal propensity to consume - what is autonomous consumption with respect to disposable income equal to in this economy?

  Consider market in which the supply and demand curves

A tax is applied to the market in the amount of $32 per unit. With the tax, sellers now receive a price of $60 per unit sold. You will have to calculate the price paid by buyers - but you have enough information to do so. With the tax, 540 units are ..

  Decision between the implementation of contingency plan

Contingency Plan 1 is a new process introduced by an international health team that guarantees the removal of pathogenic microorganisms in the town’s water system. Evidence has revealed that Contingency Plan 1 will lower the influenza rate to four ne..

  Calculate various measures of productivity

Calculate various measures of productivity and explain they mean. Explain in words what the marginal productivity of labor and average productivity of labor measures and why this is important information for the owner of a business. Why does marginal..

  What is net present worth for this new computer system

Kermit is considering purchasing a new computer system. The purchase price is $129,090. Kermit will borrow one-fourth of the purchase price from a bank at 10 percent per year compounded annually. The loan is to be repaid using equal annual payments o..

  Price go before it is preferred to shut down

Assume a company has $200 in fixed costs, marginal costs are $10, and the company produces 100 units per year. How low can the price go before it is preferred to shut down? Answer the question for the short run and for the long run

  True about product markets

Which of the following is true about product markets?

  Regression model to estimate the demand

General Cereals is using a regression model to estimate the demand as well as for Twee tie Sweeties, a whistle-shaped, sugar coated breakfast cereal for children.

  Von neumann-morgenstern utility function

Suppose that you have a von Neumann-Morgenstern utility function given by. Over what range of wealth is this function potentially appropriate to analyze your financial choices under risk? What is your Arrow-Pratt measure of risk attitude?

  What will the sustainability movement look like over next

What will the sustainability movement look like over the next 20 years? What issues do you expect to take center stage? How will business respond?

  Environmental economics course

You’re fairly well up the food chain at the U.S. EPA in the summer of 2015 (you got fast-tracked as a result of all you learned in your Spring 2015 environmental economics course) and have been asked to put together a set of policies to protect ecosy..

  Preventing a brave new world-human embryos is unethical

In "Preventing a Brave New World" (pp. 331-343), Leon Kass concludes that reproductive and therapeutic cloning of human embryos is unethical. What are the exact steps in Kass's argument for this conclusion? What is your assessment of the strengths an..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd