Chapter 1: 11OQ (page 21)
What is the name of the process in which one company studies the processes of another firm to identify best practices?
Benchmarking
Over 30 million students worldwide already upgrade their learning with Vaia!
All the tools & learning materials you need for study success - in one app.
Get started for free
A construction project is broken down into the following 10 activities:
Activity | Immediate Predecessor | Time (Weeks) |
1 | _ | 4 |
2 | 1 | 2 |
3 | 1 | 4 |
4 | 1 | 3 |
5 | 2,3 | 5 |
6 | 3 | 6 |
7 | 4 | 2 |
8 | 5 | 3 |
9 | 6,7 | 5 |
10 | 8,9 | 7 |
The home office billing department of a chain of department stores prepares monthly inventory reports for use by the stores’ purchasing agents. Given the following information, use the critical path method to determine:
a. How long the total process will take.
b. Which jobs can be delayed without delaying the early start of any subsequent activity?
Job and Description | Immediate Predecessors | Time (Hours) | |
A | Start | _ | 0 |
B | Get computer printouts of customer purchases | A | 10 |
C | Get stock records for the month | A | 20 |
D | Reconcile purchase printouts and stock records | B, C | 30 |
E | Total stock records by department | B, C | 20 |
F | Determine reorder quantities for coming period | E | 40 |
G | Prepare stock reports for purchasing agents | D,F | 20 |
H | Finish | G | 0 |
Term that describes when multiple (usually similar) products can be produced in a facility less expensively than a single product.
A chart that shows both the time and sequence for completing the activities in a project.
Here is a CPM network with activity times in weeks:
Suppose F could be shortened by two weeks and B by one week. How would this affect the completion date?
What do you think about this solution?
We value your feedback to improve our textbook solutions.
