GBA 334 Week 5 Quiz 3 Applied Decision Making Saint Leo

Saint GBA 334 Week 5 Quiz Applied Decision Making

Question 1
Activity A has a standard cost of $500 and the standard time to complete Activity A is 5
weeks. The crash time for Activity A is 3 weeks and the crash cost is $600. What is the crash cost per week for Activity A?
$200
$150
$300
$50
$100

Question 2
Considering the following Activity-On-Node (AON) project (activity completion times are in days), what is the slack time associated with activity D?
3 days
0 days
2 days
1 day

Question 3
Considering the following Activity-On-Node (AON) project (activity completion times are in days), what is the slack time associated with activity E?
3 days
2 days
1 day
0 days

Question 4
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?
0.3145 days
0.0245 days
0.3333 days
0.6667 days

Question 5
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 probability of completing the project within
18 days?
0.0795
0.0668
0.0612
0.0733

Question 6
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 earliest finish time for activity F?
14 days
13 days
11 days
10 days

Question 7
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 slack time for activities E and F respectively?
1 day: 0 days
1 day; 1 day
0 days; 0 days
0 days; 1 day

Question 8
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?
12 days
10 days
14 days
16 days

Question 9
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?
7 days
5 days
8 days
6 days

Question 10
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 length of the project?
17 days
15 days
14 days
19 days

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