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Lab 3

This document contains a multi-part quantitative techniques problem involving project networks and crashing. It includes constructing and analyzing project networks, calculating expected activity times and project durations using the critical path method, and formulating a linear program to determine optimal crashing decisions to meet a deadline.

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Jia Xuan
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0% found this document useful (0 votes)
72 views

Lab 3

This document contains a multi-part quantitative techniques problem involving project networks and crashing. It includes constructing and analyzing project networks, calculating expected activity times and project durations using the critical path method, and formulating a linear program to determine optimal crashing decisions to meet a deadline.

Uploaded by

Jia Xuan
Copyright
© © All Rights Reserved
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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PPT4801 Quantitative Techniques in Agribusiness

SEM 2 2022/23
LAB 3
1. Construct a project network for the following project. The project is completed when activities F
and G are both complete.

Activity A B C D E F G
Immediate
Predecesso ___ ___ A A C, B C, B D, E
r

2. Consider the following project network and activity times (in weeks).

C H
A

Start D F Finish

E G

Activity A B C D E F G H
Time 5 3 7 6 7 3 10 8

a. Identify the critical path.

b. How much time will be needed to complete this project?

c. Can activity D be delayed without delaying the entire project? If so, by how many
weeks?

d. Can activity D be delayed without delaying the entire project? If so, by how many
weeks?

e. What is the schedule for activity E?


3. The following estimates of activity times (in days) are available for a small project.

Activity Optimistic Most Probable Pessimistic


A 4 5.0 6
B 8 9.0 10
C 7 7.5 11
D 7 9.0 10
E 6 7.0 9
F 5 6.0 7

a. Compute the expected activity completion times and the variance for each activity.

b. An analyst determined that the critical path consists of activities B-D-F. Compute the
expected project completion time and the variance.

4. Suppose that the following estimates of activity times (in weeks) were provided for the network
shown in Question 2.

Activity Optimistic Most Probable Pessimistic


A 4.0 5.0 6.0
B 2.5 3.0 3.5
C 6.0 7.0 8.0
D 5.0 5.5 9.0
E 5.0 7.0 9.0
F 2.0 3.0 4.0
G 8.0 10.0 12.0
H 6.0 7.0 14.0

What is the probability that the project will be completed?


a. Within 21 weeks?

b. Within 22 weeks?

c. Within 25 weeks?
5. Consider the following project network and activity times (in days).

C E
A

Start Finish

D F G

Activity A B C D E F G
Time 3 2 5 5 6 2 2

The crashing data for this project are as follows.

Time (days) Cost (RM)


Activity
Normal Crash Normal Crash
A 3 2 800 1,400
B 2 1 1,200 1,900
C 5 3 2,000 2,800
D 5 3 1,500 2,300
E 6 4 1,800 2,800
F 2 1 600 1,000
G 2 1 500 1,000

a. Find the critical path and the expected project completion time.

b. What is the total project cost using the normal times?

c. Assume that the management desires a 12-day project completion time.

(i) Formulate a linear programming model that can be used to assist with the
crashing decisions.

(ii) What activities should be crashed?

(iii) What is the total project cost for the 12-day completion time?

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