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Application Assignment 5

Application Assignment 5

Q Instructions Complete following problems: 11-12 on page 415. 11-13 on page 415. 11-23 on page 417. 11-28 on page 418, MODIFIED You are NOT required to use Linear Programming, you may use Excel QM or compute manually. 11-28a: What is expected project complete time (before crashing)? 11-28b: Which activities should be crashed and by how much? 11-28c: What is the additional project cost to crash to 10 weeks?

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Application Assignment 4 6-20 Annual demand = 100,000 $10 every time an order is placed Cost of carrying one screw in inventory for a year is 0.5 cents Demand is constant throughout the year a) How many number 6 screws should Lila order at a time if she wishes to minimize total inventory cost? EOQ = sqrt(2*100,000*10/(0.5/100)) = 20,000