management
1
Homework 2 – Total 100 points
Instructions:
• You can scan or take a picture of your diagram and attach to your submission.
• Please type your answers in Word or text option of the Blackboard. (You can attach your files when you submit your homework.)
Questions:
1. (50 points)—Project Management
Schedule the following activities using CPM:
Activity Immediate Predecessor Time (Weeks) A - 1 B A 4 C A 3 D B 2 E C, D 5 F D 2 G F 2 H E, G 3
a) Draw the network (5 points) b) What is the critical path? (15 points) c) How many weeks will it take to complete the project? (15 points) d) Which activities have slack, and how much? (15 points)
2. (50 points)—Forecasting
What strategies do supermarkets, airlines, hospitals, banks, and cereal manufacturers use to influence demand? Please provide 1 strategy for each and explain that strategy.