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How many hours will the entire project take

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Reference no: EM133158222

Question - Gigi wanted to find out what time would be the best time to start cooking. While it won't hurt to start earlier than later, Gigi was concerned about freshness and minimizing potential wastage due to spoilage. "The last thing that I want is to start cooking too soon that some spoilage occurs," Gigi thought. "On the other hand, I can't start late either as that will have some serious repercussions as well." She decided to consult with her brother to ask him about the best way to estimate the correct time to start the process. Refer to caselette E for some information.

Required -

1. How many hours will the entire project take, assuming all raw materials are on hand?

2. Apply the PERT/CPM analysis and draw the cooking process in a PERT/CPM chart.

3. What is the critical path?

4. Can you suggest ways to improve the entire cooking process, without sacrificing quality, delivery or cost?

5. Will you earn profit from the undertaking? How much? Prepare the income statement.

Reference no: EM133158222

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