Brs Mdm3 Tif Ch07

Managerial Decision Modeling w/ Spreadsheets, 3e (Balakrishnan/Render/Stair)
Chapter 7 Project Management

7.1 Chapter Questions

Use this information to answer the following questions.

Consider the following Activity-On-Node (AON) project (activity completion times are in days).

1) Refer to the figure. What is the critical path?
A) ABDF
B) ABEF
C) ACDF
D) ACEF
E) none of the above
Answer: D
Page Ref: 280
Topic: Determining the Project Schedule
Difficulty: Easy

2) Refer to the figure. How long will take to complete the project?
A) 15 days
B) 14 days
C) 13 days
D) 12 days
E) 11 days
Answer: A
Page Ref: 280
Topic: Determining the Project Schedule
Difficulty: Easy
AACSB: Analytic Skills
3) Refer to the figure. What is the slack time, in days, associated with activity E?
A) 1
B) 2
C) 0
D) 3
E) 4
Answer: C
Page Ref: 280
Topic: Determining the Project Schedule
Difficulty: Moderate
AACSB: Analytic Skills

4) Refer to the figure. What is the slack time, in days, associated with activity D?
A) 0
B) 1
C) 2
D) 3
E) 4
Answer: B
Page Ref: 280
Topic: Determining the Project Schedule
Difficulty: Moderate
AACSB: Analytic Skills

5) Refer to the figure. What is the earliest start time (EST) and earliest finish time (EFT) of activity E?
A) EST = 7, EFT = 10
B) EST = 10, EFT = 7
C) EST = 11, EFT = 8
D) EST = 8, EFT = 10
E) EST = 8, EFT = 11
Answer: E
Page Ref: 280
Topic: Determining the Project Schedule
Difficulty: Moderate
AACSB: Analytic Skills
6) Refer to the figure. Determine the latest start time (LST) and latest finish time (LFT) of activity B.
A) LST = 9, LFT = 5
B) LST = 5, LFT = 9
C) LST = 8, LFT = 4
D) LST = 4, LFT = 8
E) LST = 8, LFT = 10
Answer: D
Page Ref: 280
Topic: Determining the Project Schedule
Difficulty: Moderate
AACSB: Analytic Skills

7) Refer to the figure. Suppose that additional resources are provided to crash the project completion time below its expected normal completion time. Which activities would be potential