Determine the expected duration and variance for activity

Assignment Help Operation Management
Reference no: EM131412479

Problem P 6-16

A hospital is planning an $8 million addition to its existing facility. The architect has been asked to consider the following design parameters: (1) There should be at least 10 and no more than 20 intensive care unit (ICU) rooms; (2) there should be at least 10 and no more than 20 cardiac care unit (CCU) rooms; (3) there should be no more than 50 double rooms; (4) there should be at least 35 single rooms; and (5) all patient rooms should fit inside the allotted 40,000-square-foot space (not including hallways). The following table summarizes the relevant room data:

SINGLE DOUBLE ICU CCU

Cost per room to build and furnish ($thousands) $45 $54 $110 $104

Minimum square feet required 300 360 320 340

Profit per room per month ($thousands) $21 $28 $ 48 $ 41

How many rooms of each type should the architect include in the new hospital design?

Problem P 6-30

6-30 Sandy Edge is president of Edge File Works, a firm that manufactures two types of metal file cabinets. The demand for the  two-drawer model is 650 cabinets per week; demand for the three- drawer cabinet is 400 per week. Edge has a weekly operating capacity of 1,600 hours, with the two- drawer cabinet taking 1.5 hours to produce and the three-drawer cabinet requiring 2 hours. Each two-drawer model sold yields a $12 profit, and the profit for the three-drawer model is $14. Edge has listed the following goals, in rank order:

Rank 1: Attain a profit as close to $12,000 as possible each week.

Rank 2: Avoid underutilization of the firm's production capacity.

Rank 3: Sell as many two- and three-drawer cabinets as the demand indicates.

Set up and solve this problem as a goal programming model.

Problem 7-18

7-18 A plant engineering group needs to set up an assembly line to produce a new product. The table in the next column describes the relationships between the activities that need to be completed for this product to be manufactured.

(a) Develop a project network for this problem.

(b) Determine the expected duration and variance for each activity.

(c) Determine the EST, EFT, LST, LFT, and slack for each activity. Also determine the total project completion time and the critical path(s).

(d) Determine the probability that the project will be completed in less than 34 days.

(e) Determine the probability that the project will take more than 29 days.

ACTIVITY DAYS IMMEDIATE

PREDECESSORSa m b

Problem 7-18

Activity Pred Optim time (a) Most likely time (m) Pessim time (b) Expected time Variance Standard deviation EST EFT LST LFT Slack Critical?

0.00 0.00 0.00 0.00 0.00 Y

0.00 0.00 0.00 0.00 0.00 Y

Critical path =

Project length = 0.00 days

Project variance = 0.00

Project std deviation = 0.00 days

P(Finish < = 34 days) = #NUM! P(Finish >= 29 days) = #NUM!

Reference no: EM131412479

Questions Cloud

Provide a description of the consumers experience : Identify the title of advertisement, name of product or service, title of publication or name of televisionnetwork.
Categorize different scheduling procedures for various types : Categorize different scheduling procedures for various types of service operations, such as restaurants, hospitals, and airlines.
Capabilities confer sustainable competitive advantage : Use the functional classification and value chain perspectives to identify Harley-Davidson's principal resources and capabilities. Respond to the following: Can Harley-Davidson's resources and capabilities confer sustainable competitive advantage? Wh..
Component of the s-p 500 : Choose a company in a part of the world and domain where you feel at ease with daily quotes available at http://finance.google.com and which issue dividends (e.g. you can select a component of the S&P 500, Nasdaq, SMI (Swiss Market Index) or any Eu..
Determine the expected duration and variance for activity : 6-30 Sandy Edge is president of Edge File Works, a firm that manufactures two types of metal file cabinets. The demand for the  two-drawer model is 650 cabinets per week; demand for the three- drawer cabinet is 400 per week. Edge has a weekly oper..
Politics is driven by how people interpret informaion : Comment on the Debra Stone quote reprinted in the text: "Because politics is driven by how people interpret informaion, much political activity is an effort to control interpretations." What do you think of this idea that even information is politica..
List the endogenous and exogenous variables : List the endogenous and exogenous variables in the Beginning and Ending Balance Sheets, the Income Statement, and the Statement of Cash Flows.
Can your body make glucose from proteins and from fats : Can your body make glucose from proteins? from fats? Which fats are said to be healthier saturated or unsaturated? Why? Which cholesterol is said to be healthier, LDL or HDL? Why?
Write a function that implements such a converter : Write a VDHL code from which this converter can be inferred. Enter N (number of bits) as a GENERIC parameter, and use the closed-form expression obtained above to do the computations. Include simulation results in your solution.

Reviews

Write a Review

Operation Management Questions & Answers

  Book review - the goal

Operations Management is about a book review. Title of the book is "Goal". This book has been written by Dr. Eliyahu Goldartt. The book has been appreciated by many as one of those books which offers an insight into the operations and strategic capac..

  Operational plan in hospitality enterprise

Operational plan pertaining to a hospitality enterprise is given in detail in the solution. The operational plan is an important plan or preparation which gives guidelines regarding the role and responsibilities of each and every operation at all lev..

  Managing operations and information

Recognise the importance of a strategic approach to the development and deployment of organisational information systems. Demonstrate an understanding of the importance of databases and their integration to the organisation's overall information mana..

  A make-or-buy analysis

An analysis of the holding costs, including the appropriate annual holding cost rate.

  Evolution and contributor of operations management

Briefly explain Evolution and contributor of Operations management.

  Functions and responsibilities of an operations manager

A number of drivers of change have transformed the roles, functions and responsibilities of an operations manager over recent years. These drivers have not only been based on technological innovations but also on the need for organisations to develop..

  Compute the optimal order quantity

Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.

  Relationship to operations practice in the organisation

Evaluate problems in operations and identify approaches to overcoming them. Critically evaluate operating plans and identify areas for improvement. Justify, implement and evaluate changes to operations in line with modern approaches.

  A make or buy analysis

Develop a report for Figi Fabricating that will address the question of whether the company should continue to purchase the part from the supplier or begin to produce the part itself.

  Prepare a staffing plan

Prepare a staffing plan showing the change of your unit from medical/surgical staffing to oncology staffing.

  Leadership styles in different organizations

Ccompare the effectiveness of different leadership styles in different organizations

  Risk management tools and models

Be able to understand the concept of risk, roles and responsibilities for risk management and risk management tools and models.

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