Discuss the below:
You will need to use the POM software:
1. Review the linear programming section from the POM manual:
Weiss, H.J. (2013) POM-QM for Windows manual. Upper Saddle River, NJ: Prentice Hall. Available from the ‘Help' menu in the POM-QM Windows software.
You may also wish to research and review online tutorials regarding the linear programming module.
2. Program the project management problem below and solve it with the use of POM. Select Project Management(PERT/CPM) module, and then select the option File->New->Mean, Std dev given items.
Table : Activity, duration and standard deviation
|
Activity
|
Mean duration
|
Std. dev. (days)
|
|
A
|
11
|
0.9
|
|
B
|
13
|
1.1
|
|
C
|
7
|
0.2
|
|
D
|
9
|
0.8
|
|
E
|
6
|
1
|
|
F
|
7
|
1.2
|
|
G
|
10
|
0.7
|
|
H
|
9
|
0.6
|
|
I
|
8
|
0.8
|
Answer each question and explain your reasoning or show your calculations.
1. Calculate the project completion time.
2. Indicate the critical path activities.
3. What is the probability of completing this project between 38 and 40 days?
4. What are the slack values for activities C and F? Interpret the meaning of their slack values.