Draw the activity on node network

Assignment Help Basic Statistics

Reference no: EM131657363

Activity 1 -

Given the following information, compute the required items: Florida Power & Light is attempting to modernize the meters placed at people houses. The company Operations Manager, Mr. Jacob Marina, has asked for your assistance in preparing part of the project plan. Mr. Marina has identified the tasks, durations (in days), and predecessor relationships, and provides them in the following table:

Activity	Immediate Predecessor(s)	Most Optimistic	Likely	Pessimistic
A	--	1	2	4
B	A	2	4	8
C	B	3	5	15
D	C	3	5	12
E	D	4	5	11
F	D	4	6	17
G	E	2	3	8
H	E	1	2	4
I	E	1	3	6
J	G, H, I	2	4	12
K	J	2	3	7
L	H	2	4	9
M	L	2	4	9
N	K, M	3	4	12
O	E, F	5	10	22
P	N, O	1	2	5

Required:

1. Draw the Activity on Node (AON) network.

2. Determine the expected completion time and variance for each activity.

3. Determine the total project completion time and activities along the critical path for the project.

4. Determine ES, EF, LS, LF, and slack for each activity.

5. Identify which activities are candidates for crashing, and explain why.

Activity 2 -

The following table presents the orders of Samson Company for the last 36 months (3 years).

Month	Order Year 1	Order Year 2	Order Year 3
January	502	614	712
February	408	592	698
March	491	584	686
April	456	532	644
May	481	599	694
June	511	604	702
July	522	624	724
August	500	612	716
September	510	625	732
October	512	627	740
November	520	650	745
December	536	680	756

1. Use the data in the above table and regression analysis to forecast the orders for the next 12 months (4th year). Include your excel work sheet and your work in your write up. Show the regression equation, values of intercept, slope, correlation coefficient and coefficient determination and the forecast of orders for the next 12 months.

2. Explain how you could make your forecast's results more reliable by incorporating a qualitative research to your quantitative results.

You need to show your work, as well as detailed responses to the questions.

Reference no: EM131657363

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