2023 Question Question 1 Question A graph that plots the total resources needed per period vs time | Assignments Online

2023 Question Question 1 Question A graph that plots the total resources needed per period vs time | Assignments Online

Assignments Online 2023 Business Finance

Question

 

Question 1. Question :

A graph that plots the total resources needed per period vs. time is called a(n) __________.

 

: Gantt Chart

Resource Loading Chart

Work Breakdown Structure

Project Network Chart

PERT/CPM Chart

 

 

 

Question 2. Question :

Considering the following Activity-On-Node (AON) project (activity completion times are in days), what is the slack time associated with activity E?

 

Activity-On-Node

 

Click here to view a Word version of the project.

 

0 days

1 day

2 days

3 days

3 of 3

 

 

Question 3. Question :

Considering the following Activity-On-Node (AON) project (activity completion times are in days), how long will it take to complete the project?

 

Activity-On-Node

 

Click here to view a Word version of the project.

 

13 days

14 days

15 days

16 days

3 of 3

 

 

Question 4. Question :

Consider the following Activity-On-Node (AON) PERT project. The three values that represent each activity’s completion time (in days) correspond to an optimistic time, most likely time, and pessimistic time, respectively. What is the standard deviation associated with the completion time of activity B?

 

Activity-On-Node-2

 

Click here to view a Word version of the project.

 

0.0245 days

0.6667 days

0.3145 days

0.3333 days

3 of 3

 

 

Question 5. Question :

Consider the following Activity-On-Node (AON) PERT project. The three values that represent each activity’s completion time (in days) correspond to an optimistic time, most likely time, and pessimistic time, respectively. What is the expected completion time of activity A?

 

Activity-On-Node-2

 

Click here to view a Word version of the project.

 

2 days

3 days

4 days

5 days

3 of 3

 

 

Question 6. Question :

Jamie is planning a trip overseas. A variety of activities must be completed before her departure. The following table describes the relationships between these activities:

 

Immediate

Activity Predecessors

A –

B A

C A

D B, C

E B, C

F D, E

G F

 

Jamie was also able to estimate the activity times as shown in the table below:

 

Activity Time (Days)

A 4

B 4

C 5

D 3

E 3

F 2

G 1

 

Considering the information above, what is the length of the project?

 

11 days

12 days

14 days

15 days

3 of 3

 

 

Question 7. Question :

Consider the following set of activities that must be completed in order to prep a new home for painting:

 

Immediate

Activity Predecessors

A –

B –

C A, B

D C

E C

F D, E

G E

H F, G

 

Also assume that the painters were able to estimate the activity times as shown in the table below:

 

Activity Time (Days)

A 3

B 2

C 4

D 5

E 3

F 2

G 4

H 2

 

Considering the information above, what is the earliest finish time for activity F?

 

10 days

12 days

14 days

16 days

3 of 3

 

 

Question 8. Question :

Consider the following set of activities that must be completed in order to prep a new home for painting:

 

Immediate

Activity Predecessors

A –

B –

C A, B

D C

E C

F D, E

G E

H F, G

 

Also assume that the painters were able to estimate the activity times as shown in the table below:

 

Activity Time (Days)

A 3

B 2

C 4

D 5

E 3

F 2

G 4

H 2

 

Considering the information above, what is the critical path?

 

ACDFH

IN ACEFH

BCDFH

BCEGH

0 of 3

 

 

Question 9. Question :

Francisco is planning a vacation to Germany. A variety of activities must be completed before his departure. The following table describes the relationships between these activities:

 

Immediate

Activity Predecessors

A –

B –

C –

D A, B

E C

F D, E

G E

H F, G

I F

J I, H

 

Francisco was also able to estimate the activity times as shown in the table below:

 

Activity Time (Days)

A 3

B 4

C 5

D 3

E 2

F 1

G 4

H 3

I 2

J 5

 

Considering the information above, what is the slack for activities F and G respectively?

 

0 days; 0 days

3 days; 0 days

4 days; 3 days

4 days; 0 days

3 of 3

 

 

Question 10. Question :

Francisco is planning a vacation to Germany. A variety of activities must be completed before his departure. The following table describes the relationships between these activities:

 

Immediate

Activity Predecessors

A –

B –

C –

D A, B

E C

F D, E

G E

H F, G

I F

J I, H

 

Francisco was also able to estimate the activity times as shown in the table below:

 

Activity Time (Days)

A 3

B 4

C 5

D 3

E 2

F 1

G 4

H 3

I 2

J 5

 

Considering the information above, what is the earliest finish time for activity E?

 

5 days

6 days

7 days

8 days

3 of 3

 

 

* Times are displayed in (GMT-05:00) Eastern Time (US & Canada)

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