MTH601

Assignment
Solution vu360
Question 1 Solution By Mudasar Qureshi:

(a) Network Diagram:

A --> B --> D --> G

/ --> C --> E --> H
| --> F -->
+

(b) Time Estimates:

Activity Duration Predecessor Earliest Start Time Earliest Finish Time

A 5 - 0 5

B 7 A 5 12

C 9 A 5 14

D 11 B 12 23

E 3 C 14 17

F 6 C 14 20

G 6 D, F 23 29

H 8 E 17 25

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Here are the calculations for Earliest Start Time (EST) and Earliest Finish Time (EFT) for each
activity:
Earliest Start Time (EST)
 A: 0 (no predecessor)
 B: 5 (A's EFT)
 C: 5 (A's EFT)
 D: 12 (B's EFT)
 E: 14 (C's EFT)
 F: 14 (C's EFT)
 G: 23 (max of D's EFT and F's EFT)
 H: 17 (E's EFT)
Earliest Finish Time (EFT)
 A: 5 (EST + Duration)
 B: 12 (EST + Duration)
 C: 14 (EST + Duration)
 D: 23 (EST + Duration)
 E: 17 (EST + Duration)
 F: 20 (EST + Duration)
 G: 29 (EST + Duration)
 H: 25 (EST + Duration)

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Question 2 Solution By Mudasar Qureshi:

To find the critical path and total project duration, we need to construct a network diagram and
calculate the Earliest Start Time (EST), Earliest Finish Time (EFT), Latest Start Time (LST), and Latest
Finish Time (LFT) for each activity.

Network Diagram:

A --> C --> E --> G --> I --> J

/ --> D --> I

| /--> E --> H --> J

|/--> F --> J

Calculations:

Activity Duration Predecessor EST EFT LST LFT

A 15 - 0 15 0 15

B 15 - 0 15 0 15

C 3 A 15 18 15 18

D 5 A 15 20 15 20

E 8 B, C 18 26 18 26

F 12 B, C 18 30 18 30

G 1 E 26 27 26 27

H 14 E 26 40 26 40

I 3 D, G 27 30 27 30

J 14 F, H, I 40 54 40 54

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Critical Path:

The critical path is the longest path in the network diagram, which determines the total project
duration. The critical path is:

B -> E -> F -> H -> J

Total Project Duration:

The total project duration is the Earliest Finish Time (EFT) of the last activity, which is J.

Total Project Duration = 54 units

Question 3 Solution By Mudasar Qureshi:

𝐺𝑖𝑣𝑒𝑛 𝐷𝑎𝑡𝑎:
𝑌𝑒𝑎𝑟𝑙𝑦 𝑑𝑒𝑚𝑎𝑛𝑑 (𝐷) = 10,000 𝑢𝑛𝑖𝑡𝑠
𝑈𝑛𝑖𝑡 𝑐𝑜𝑠𝑡 (𝐶) = 𝑅𝑠 1
𝐻𝑜𝑙𝑑𝑖𝑛𝑔 𝑐𝑜𝑠𝑡 (𝐻) = 20% 𝑜𝑓 𝑢𝑛𝑖𝑡 𝑐𝑜𝑠𝑡 = 𝑅𝑠 0.20 𝑝𝑒𝑟 𝑢𝑛𝑖𝑡 𝑝𝑒𝑟 𝑦𝑒𝑎𝑟
𝑆𝑒𝑡𝑢𝑝 𝑐𝑜𝑠𝑡 (𝑆) = 𝑅𝑠 10
𝑆𝑡𝑜𝑐𝑘𝑜𝑢𝑡 𝑐𝑜𝑠𝑡 (𝑃) = 𝑅𝑠 5 𝑝𝑒𝑟 𝑢𝑛𝑖𝑡 𝑜𝑓 𝑠ℎ𝑜𝑟𝑡𝑎𝑔𝑒
𝐶𝑎𝑙𝑐𝑢𝑙𝑎𝑡𝑖𝑜𝑛𝑠:
𝐸𝑐𝑜𝑛𝑜𝑚𝑖𝑐 𝑂𝑟𝑑𝑒𝑟 𝑄𝑢𝑎𝑛𝑡𝑖𝑡𝑦 (𝐸𝑂𝑄):

2𝑆𝐷
𝐸𝑂𝑄 = √
𝐻

2 𝑥 10 𝑥 10,000
= √
0.20

1,000,000
= √
0.20

= √5,000,000
= 2,236.07 𝑢𝑛𝑖𝑡𝑠 (𝑎𝑝𝑝𝑟𝑜𝑥𝑖𝑚𝑎𝑡𝑒𝑙𝑦)
𝑁𝑢𝑚𝑏𝑒𝑟 𝑜𝑓 𝑜𝑟𝑑𝑒𝑟𝑠 𝑝𝑒𝑟 𝑦𝑒𝑎𝑟:
𝑌𝑒𝑎𝑟𝑙𝑦 𝑑𝑒𝑚𝑎𝑛𝑑
𝑁𝑢𝑚𝑏𝑒𝑟 𝑜𝑓 𝑜𝑟𝑑𝑒𝑟𝑠 𝑝𝑒𝑟 𝑦𝑒𝑎𝑟 =
𝐸𝑂𝑄

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 10,000 𝑢𝑛𝑖𝑡𝑠
= = 4.47 (𝑎𝑝𝑝𝑟𝑜𝑥𝑖𝑚𝑎𝑡𝑒𝑙𝑦)
2,236.07
𝑢𝑛𝑖𝑡𝑠
𝑆𝑖𝑛𝑐𝑒 𝑤𝑒 𝑐𝑎𝑛′𝑡 𝑝𝑙𝑎𝑐𝑒 𝑎 𝑓𝑟𝑎𝑐𝑡𝑖𝑜𝑛 𝑜𝑓 𝑎𝑛 𝑜𝑟𝑑𝑒𝑟,
𝑤𝑒′𝑙𝑙 𝑟𝑜𝑢𝑛𝑑 𝑢𝑝 𝑡𝑜 𝑡ℎ𝑒 𝑛𝑒𝑎𝑟𝑒𝑠𝑡 𝑤ℎ𝑜𝑙𝑒 𝑛𝑢𝑚𝑏𝑒𝑟 𝑡𝑜 𝑒𝑛𝑠𝑢𝑟𝑒 𝑚𝑒𝑒𝑡𝑖𝑛𝑔 𝑑𝑒𝑚𝑎𝑛𝑑.
𝑁𝑢𝑚𝑏𝑒𝑟 𝑜𝑓 𝑜𝑟𝑑𝑒𝑟𝑠 𝑝𝑒𝑟 𝑦𝑒𝑎𝑟 = 5

Question 4 Solution By Mudasar Qureshi:

Calculations:

Activity Expected Time (te) Variance (σ²) Standard Deviation (σ)

A (3+5+7)/3 = 5 ((7-5)^2 + (5-5)^2 + (3-5)^2)/18 = 2 √2 = 1.414

B (2+4+6)/3 = 4 ((6-4)^2 + (4-4)^2 + (2-4)^2)/18 = 1.33 √1.33 = 1.155

C (4+6+8)/3 = 6 ((8-6)^2 + (6-6)^2 + (4-6)^2)/18 = 2 √2 = 1.414

D (5+7+9)/3 = 7 ((9-7)^2 + (7-7)^2 + (5-7)^2)/18 = 2 √2 = 1.414

E (6+8+10)/3 = 8 ((10-8)^2 + (8-8)^2 + (6-8)^2)/18 = 2 √2 = 1.414

F (3+5+7)/3 = 5 ((7-5)^2 + (5-5)^2 + (3-5)^2)/18 = 2 √2 = 1.414

G (4+6+8)/3 = 6 ((8-6)^2 + (6-6)^2 + (4-6)^2)/18 = 2 √2 = 1.414

𝐹𝑜𝑟𝑚𝑢𝑙𝑎𝑠 𝑢𝑠𝑒𝑑:
(𝑡𝑚 + 𝑡𝑝 + 𝑡𝑚)
𝐸𝑥𝑝𝑒𝑐𝑡𝑒𝑑 𝑇𝑖𝑚𝑒 (𝑡𝑒) =
3
((𝑡𝑝 − 𝑡𝑚)2 + (𝑡𝑚 − 𝑡𝑒)2 + (𝑡𝑒 − 𝑡𝑚)2)
𝑉𝑎𝑟𝑖𝑎𝑛𝑐𝑒 (𝜎2) =
18

𝑆𝑡𝑎𝑛𝑑𝑎𝑟𝑑 𝐷𝑒𝑣𝑖𝑎𝑡𝑖𝑜𝑛 (𝜎) = √𝑉𝑎𝑟𝑖𝑎𝑛𝑐𝑒

𝑁𝑜𝑡𝑒: 𝑡𝑚, 𝑡𝑝, 𝑎𝑛𝑑 𝑡𝑒 𝑟𝑒𝑝𝑟𝑒𝑠𝑒𝑛𝑡 𝑡ℎ𝑒 𝑚𝑖𝑛𝑖𝑚𝑢𝑚, 𝑚𝑎𝑥𝑖𝑚𝑢𝑚, 𝑎𝑛𝑑 𝑒𝑥𝑝𝑒𝑐𝑡𝑒𝑑 𝑡𝑖𝑚𝑒𝑠, 𝑟𝑒𝑠𝑝𝑒𝑐𝑡𝑖𝑣𝑒𝑙𝑦
.

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