Resource leveling: is used to minimize the fluctuations in requirements for resources keeps a project within its required completion time keeps a project on budget is used to develop the shortest schedule when the quantity of resources is fixed a and b above b and d above
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is used to minimize the fluctuations in requirements for resources
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- Resource-limited scheduling: is used to develop the shortest schedule when the quantity of resources is fixed is used to minimize the fluctuations in requirements for resources keeps a project on budget keeps a project within its required completion time a & d above b & d aboveCritical Path Method is generally used for project planning in constructions projects. Which among the following is a characteristic of CPM It is an activity oriented technique b. Requires three time estimates Oc. It is used for non-repetitive projects d. It is a Probabilistic modelYour team has been assigned to complete 10 client projects over the next two months. These projects and their processing times (time taken to complete a project once started, in days) are described in the table below. In addition, each project has a due-date that has been set by your internal marketing team so that the customers will be delighted with your service if you complete the project by the due-date. However, your team has only enough resources to pursue exactly one project at any given time. Once started, a project is worked through its completion and is not interrupted. As a result of the sequence in which you choose to handle projects, each project will either be on time, or late if it is completed past the due date. If a project is late, the amount of time by which it misses its due-date is called its tardiness. The objective is to pick the sequence in which to complete the projects so as to minimize the total tardiness in the schedule. What is the minimum total tardiness…
- Job Costing Johnson Inc. is a job-order manufacturing company that uses a predetermined overhead ratebased on direct labor hours to apply overhead to individual jobs. For the current year, estimated direct laborhours are 95,000 and estimated factory overhead is $617,500. The following information is for Septemberof the current year. Job A was completed during September, and Job B was started but not finished.[LO 4-3, 4-4, 4-5]September 1, InventoriesMaterials Inventory $ 7,500Work-in-Process Inventory (All Job A) 31,200Finished Goods Inventory 67,000Material purchases 104,000Direct materials requisitionedJob A 65,000Job B 33,500Direct labor hoursJob A 4,200Job B 3,500Labor costs incurredDirect labor ($8.50/hour) 65,450Indirect labor 13,500Supervisory salaries 6,000Rental costsFactory 7,000Administrative offices 1,800Total equipment depreciation costsFactory 7,500Administrative offices 1,600Indirect materials used 12,000Required1. What is the total cost of Job A?2. What is the total…A mortgage service office has the following four activities involved in approving a loan application. Note that a working day is 8 hours and there are 60 minutes in one hour. Activity A. Property survey B. Credit report C. Title search 20.869 D. Final decision Time (minutes) 25 25 28 21 Activities B and C are combined together and assigned to two employees, while the other two employees are responsible for activities A and D respectively. What would be the maximum number of loan applications the office can process per day? Numbers only, keep three decimals if not exact, either round up or down is okA manutacturer is designing a product layout for a new product production. It plans to use a production line for B hours per day in order to meet forecasted demand of 100 units per day. The product requires 7 lasks in total. These tasks are namely, A, 8, CD, E, F, and G respectively. Task A does not have any predecessor to start. To start Task B, it requires Task A to be completed Starting tasks Cneeds, the tack B to be completed. Also, starting task D needed task B to be completed Task E can only start upon completion of Task C. Whescas starting lask F needs the completion of both the tasks D and E Finally, starting task G needed, task Fto be completed. 1the processing times for tasks, A BC D, E F, andG are 28, 2.1, 0.9, 1.0, 1.2, 1.8, are 4.7 minutes respectively. Applying the most following tasks nule for balancing the assembly line, with ties broken according to longest task time first, the tasks that will be assigned to the FIRST workstation are Select one OaAB, and C ODAB Oc None…
- The schedule variance is the difference between the earned value and the planned value. True FalseA nursing home must schedule nurses in a manner that balances providing adequate patient care while keeping costs down. From historical records, administrators can project the minimum number of nurses to have on hand during each day/time slot. This data is shown below. Shift Time Slot Minimum number of nurses needed 1 12 am-4 10 2 4 am-8 6 3 8 am-12 8 4 12 pm-4 12 5 4 pm-8 10 6 8 pm-12 14 Nurses must start work at the beginning of one of the four-hour shifts (starting as early as 12 am midnight or as late as 8pm evening) and work for eight hours. Nurses who begin working at 8 pm will work until 4 am the next morning. Formulate and solve the nurse-scheduling problem so as to minimize excess stagging while satisfying minimum staffing requrements. What is the value of total excess staffing?All possible sequences of service department allocations should be computed. The sequence that provides the largest allocation of service costs should then be selected. The allocation base should have an indirect association with the cost objective. The allocation base should be difficult to measure. There should be logical association between the allocation base and the incidence of costs. The allocation base should be out of the control of management.
- A manufacturer is designing a product layout for a new product production. It plans to use a production line for 8 hours per day in order to meet forecasted demand of 150 units per day. The product requires 7 tasks in total. These tasks are namely, A, B, C, D, E, F, and G respectively. Task A does not have any predecessor to start. To start Task B, it requires Task A to be completed. Starting tasks Cneeds, the task B to be completed. Also, starting task D needed task B to be completed. Task E can only start upon completion of Task C. Whereas starting task Fneeds the completion of both the tasks Dand E. Finally,. starting task G needed, task F to be completed. The processing times for tasks. A, B. C, D, E, F. and G are 2.3, 2.1,0.9, 1.0, 1.2, 1.8, and 1.5 minutes respectively. Applying the mostremaining tasks rule for balancing the assembly line, with ties broken according to longest task time first. What is the idleness in percentage? a None is the correct answer O b. 81.82 O c. 32.5 O…Using the FCFS rule for scheduling, the sequence is 1-2-3 For the schedule developed using the FCFS rule, the total length of time taken to complete the three suits (including delivery) : hours (enter your response as a whole number). = G Sunny Park Tailors has been asked to make three different types of wedding suits for separate customers. The table below highlights the time taken in hours for cutting and sewing (process 1) and delivery (process 2) of each of the suits. Times Taken for Different Activities (hours) Cut and Sew 3 5 6 Suit 1 2 7 3 Deliver 4 2 ∞ N 8 Assume that orders for suits have been listed in the above table in the order in which they were received.Classes are scheduled. After students request courses, a programme will determine the optimum schedule. The school thinks it can't find the best schedule soon. Instead, they use a simpler method to construct a reasonable but non-optimal schedule quicker. Which principle does this option demonstrate?