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Category > Business & Finance Posted 27 Apr 2017 My Price 12.00

BUS 515 Week 8 Homework

BUS 515 Week 8 Homework

Problem 6

http://edugen.wiley.com/edugen/art2/common/pixel.gif

Correct answer.

Your answer is correct.

 

 

The Arkade Company has decided to use a 15 percent allowance factor based on job time. Calculate the standard time for each work element and for the total job. The frequency equals 1 for all work elements.

(Round your answers to 3 decimal places, the tolerance is +/-0.002.)

Problem 8

http://edugen.wiley.com/edugen/art2/common/pixel.gif

Correct answer.

Your answer is correct.

 

 

The Arkade Company is considering switching to a 15 percent allowance based on time worked. Calculate the new standard time for each work element and for the total job. The frequency equals 1 for all work elements.

(Round your answers to 3 decimal places, the tolerance is +/-0.001.)

Problem 10

http://edugen.wiley.com/edugen/art2/common/pixel.gif

Correct answer.

Your answer is correct.

 

 

The Arkade Company used a 15 percent allowance factor based on job time and 15 percent allowance based on time worked.

 

What allowance factor is better when all of the jobs an emlpoyee does are similar and have the same allowance factor? Entry field with correct answer

Compare standard times and units produced per day based on both allowance factors and decide which of them provides the best result. Entry field with correct answer

Click if you would like to Show Work for this question:

Open Show Work

 

Problem 4

http://edugen.wiley.com/edugen/art2/common/pixel.gif

Correct answer.

Your answer is correct.

 

 

Using the following project information, choose the right network diagram.

Activity

 

Optimistic Time
Estimate(weeks)

 

Most Likely Time
Estimates (weeks)

 

Pessimistic Time
Estimates (weeks)

 

Immediate
Predecessor(s)
 

A

 

3

 

6

 

9

 

none

B

 

3

 

5

 

7

 

A

C

 

4

 

7

 

12

 

A

D

 

4

 

8

 

10

 

B

E

 

5

 

10

 

16

 

C

F

 

3

 

4

 

5

 

D,E

G

 

3

 

6

 

8

 

D,E

H

 

5

 

6

 

10

 

F

I

 

5

 

8

 

11

 

G

J

 

3

 

3

 

3

 

H,I
 

 

*      Problem 6

http://edugen.wiley.com/edugen/art2/common/pixel.gif

Correct answer.

Your answer is correct.

 

 

*      Using the following project information, calculate the variance for each of the project activities.

Activity

 

Optimistic Time
Estimate(weeks)

 

Most Likely Time
Estimates (weeks)

 

Pessimistic Time
Estimates (weeks)

 

Immediate
Predecessor(s)
 

A

 

3

 

6

 

9

 

none

B

 

3

 

5

 

7

 

A

C

 

4

 

7

 

12

 

A

D

 

4

 

8

 

10

 

B

E

 

5

 

10

 

16

 

C

F

 

3

 

4

 

5

 

D,E

G

 

3

 

6

 

8

 

D,E

H

 

5

 

6

 

10

 

F

I

 

5

 

8

 

11

 

G

J

 

3

 

3

 

3

 

H,I
 

*      (Round your answers to 3 decimal places, the tolerance is +/-0.001.)

Activity

Variance
 
   
   
   
   
   
   
   
   
   
   

Problem 8

http://edugen.wiley.com/edugen/art2/common/pixel.gif

Correct answer.

Your answer is correct.

 

 

Using the following project information

Activity

 

Optimistic Time
Estimate(weeks)

 

Most Likely Time
Estimates (weeks)

 

Pessimistic Time
Estimates (weeks)

 

Immediate
Predecessor(s)

 

Variance

 

Expected Time
(weeks)
 

A

 

3

 

6

 

9

 

none

 

1.000

 

6.00

B

 

3

 

5

 

7

 

A

 

0.444

 

5.00

C

 

4

 

7

 

12

 

A

 

1.778

 

7.33

D

 

4

 

8

 

10

 

B

 

1.000

 

7.67

E

 

5

 

10

 

16

 

C

 

3.361

 

10.17

F

 

3

 

4

 

5

 

D,E

 

0.111

 

4.00

G

 

3

 

6

 

8

 

D,E

 

0.694

 

5.83

H

 

5

 

6

 

10

 

F

 

0.694

 

6.33

I

 

5

 

8

 

11

 

G

 

1.000

 

8.00

J

 

3

 

3

 

3

 

H,I

 

0.000

 

3.00
 

The critical path is A-C-E-G-I-J.

(a) Calculate the probability that the project will be completed in 38 weeks.

P(project ≤ 38) = Entry field with correct answer

(b) Calculate the probability that the project will be completed in 42 weeks.

P(project ≤ 42) = Entry field with correct answer

 

Answers

SmartExpert
(118)
Status NEW Posted 27 Apr 2017 03:04 PM My Price 12.00

BUS----------- 51-----------5 W-----------eek----------- 8 -----------Hom-----------ewo-----------rk -----------  -----------

Attachments

file 1493307041-BUS 515 Week 8 Homework.docx preview (657 words )
B-----------US -----------515----------- We-----------ek -----------8 H-----------ome-----------wor-----------k -----------Pro-----------ble-----------m 6----------- ----------- Y-----------our----------- an-----------swe-----------r i-----------s c-----------orr-----------ect-----------. -----------  -----------  ----------- Th-----------e A-----------rka-----------de -----------Com-----------pan-----------y h-----------as -----------dec-----------ide-----------d t-----------o u-----------se -----------a 1-----------5 p-----------erc-----------ent----------- al-----------low-----------anc-----------e f-----------act-----------or -----------bas-----------ed -----------on -----------job----------- ti-----------me.----------- Ca-----------lcu-----------lat-----------e t-----------he -----------sta-----------nda-----------rd -----------tim-----------e f-----------or -----------eac-----------h w-----------ork----------- el-----------eme-----------nt -----------and----------- fo-----------r t-----------he -----------tot-----------al -----------job-----------. T-----------he -----------fre-----------que-----------ncy----------- eq-----------ual-----------s 1----------- fo-----------r a-----------ll -----------wor-----------k e-----------lem-----------ent-----------s.(-----------Rou-----------nd -----------you-----------r a-----------nsw-----------ers----------- to----------- 3 -----------dec-----------ima-----------l p-----------lac-----------es,----------- th-----------e t-----------ole-----------ran-----------ce -----------is -----------+/------------0.0-----------02.-----------) -----------Wor-----------k E-----------lem-----------ent----------- Me-----------an -----------Obs-----------erv-----------ed -----------Tim-----------e (-----------min-----------ute-----------s) -----------Per-----------fom-----------anc-----------e R-----------ati-----------ng -----------Fac-----------tor----------- ST----------- 1----------- 1.-----------20 -----------0.9-----------5 -----------
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