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The Following Values For The Project - 887 Words

QUESTION 1 a) The following values for the project: Activity time Early Start Early Finish Late Start Late Finish Slack Standard Deviation Project 36.33 1.56 A 10 0 10 0 10 0 0.67 B 9 0 9 9 18 9 2 C 8 0 8 2 10 2 0.33 D 2 9 11 18 20 9 0.33 E 10 10 20 10 20 0 0.67 F 6 20 26 20 26 0 0.33 G 3 20 23 23 26 3 0.67 H 5 26 31 26 31 0 1 I 4 23 27 32.33 36.33 9.33 0.67 J 5.33 31 36.33 31 36.33 0 0.67 K 2 31 33 34.33 36.33 3.33 0 We see from the output that the activities which have zero slack are activities A, E, F, H, J. Therefore, these activities are the critical path and thus the total duration is: 10 + 10 + 6 + 5 + 5.33 = 36.33 The project is expected to take 36.33 weeks b) We solve this using the following formula to get the†¦show more content†¦(0.6)2 = 0.144 Probability (3) = 0.4*(0.6)3 = 0.0864 Probability of more than 3 = 1 – (0.4 + 0.24 + 0.144 + 0.0864) Probability of more than 3 = 1 – 0.8704 Probability of more than 3 = 0.1296 g) 15 minutes = 0.25 hours W=1/(ÃŽ ¼-ÃŽ ») 0.25=1/(ÃŽ ¼-3) 0.25ÃŽ ¼ – 0.75 = 1 0.25ÃŽ ¼ = 1.75 ÃŽ ¼ = 7 The required service rate should be 7 customers per hour h) p = (0.05) 1/4 = 0.473 3 / ÃŽ ¼ = 0.473 ÃŽ ¼ = 6.34 The required service rate should be 6.34 customers per hour QUESTION 3 a) Observation Sample 1 2 3 4 Mean R 1 12 11.97 12.1 12.08 12.0375 0.13 2 11.91 11.94 12.1 11.96 11.9775 0.19 3 11.89 12.02 11.97 11.99 11.9675 0.13 4 12.1 12.09 12.05 11.95 12.0475 0.15 5 12.08 11.92 12.12 12.05 12.0425 0.2 6 11.94 11.98 12.06 12.08 12.015 0.14 7 12.09 12 12 12.03 12.03 0.09 8 12.01 12.04 11.99 11.95 11.9975 0.09 9 12 11.96 11.97 12.03 11.99 0.07 10 11.92 11.94 12.09 12 11.9875 0.17 11 11.91 11.99 12.05 12.1 12.0125 0.19 12 12.01 12 12.06 11.97 12.01 0.09 13 11.98 11.99 12.06 12.03 12.015 0.08 14 12.02 12 12.05 11.95 12.005 0.1 15 12 12.05 12.01 11.97 12.0075 0.08 12.0095 0.1267 From the table which has factors, we see that with sample size of 4 the values are: D3 = 0 D4 = 2.282 A2 = 0.729 LCL of range = D3R LCL of range = 0 * 0.1267 = 0 UCL of range = D4R UCL of range = 2.282 * 0.1267 = 0.28905 The range is within statistical control as the value of R is between the LCL and UCL of range LCL of process average = Mean of all averages + A2R LCL of process average = 12.0095 -Show MoreRelatedch9 rev answers 951 Words   |  4 Pagesï » ¿1.  A project has an initial cost of $27,400 and a market value of $32,600. What is the difference between these two values called?   A.  net present value B.  internal return C.  payback value D.  profitability index E.  discounted payback 3.  The length of time a firm must wait to recoup the money it has invested in a project is called the:   A.  internal return period. B.  payback period. C.  profitability period. D.  discounted cash period. E.  valuation period. 5.  A projects average net income divided byRead MoreProject Management1626 Words   |  7 PagesStudent Response Value A. program B. process C. project 100% D. portfolio Score: 2/2 Which of the following is not an attribute of a project? Student Response Value A. projects are unique B. projects are developed using progressive elaboration C. projects have a primary customer or sponsor D. projects involve no uncertainty 100% Score: 2/2 Which of the following is not part of the triple constraint of project management? Student Response Value A. meetingRead MoreCorporate Finance1062 Words   |  5 PagesCHAO #1 a. What is the payback period on each of the following projects? Payback period: A 3 years, B 2 years, C 3years b. Given that you wish to use the payback rule with a cutoff period of two years, which projects would you accept? â€Å"B† Only B meetsthe given cutoff period. c. If you use a cutoff period of three years, which projects would you accept? â€Å"A, B, C† All the projects meet the given cutoff period, thus, every project (A, B, C) is acceptable. (In terms of NPV, since B hasRead MoreEssay Fin 5341739 Words   |  7 Pagesstock trade in the market. Which of the following statements is most correct, holding other things constant? Answer Correct Answer: The price of these call options is likely to rise if XYZ’s stock price rises. Question 2 Other things held constant, the value of an option depends on the stocks price, the risk-free rate, and the Correct Answer: All of the above. 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The, And Music Over Time - 1243 Words

Falling in love has been defined in many ways throughout history. We can look back on literature, film, and music over time and get a basic understanding of the process of falling in love emotionally for both teenagers and adults. As science has advanced, we are now able to go deeper into the psyche and investigate the psychological changes an adolescent goes through while falling in love. We can also examine the physiological changes an adolescent faces while falling in love. By breaking the process down, we can gain more understanding of the adolescents’ experience of love and how much stronger the experience is for teenagers. To prove that adolescent’s experience love much stronger than adults, we can start by looking into what happens on a biochemical level. During the duration of adolescence, hormones affect brain functioning and decision making greatly. In young women, six times more estrogen is produced during adolescence than any other time in their life. Young men produce 20 times as much testosterone in adolescence. These hormones contribute to the sexual urges that are often associated with the teenage years. The teenage mind is not only ruled by sex, though. The two hormones that cause attachment and what we know to be the â€Å"love hormone† are usually released for the first time during adolescence. Vasopressin, the attachment hormone is released after sex to create a bond between two people, whereas Oxytocin is released during orgasm to cause people to fall inShow MoreRelatedMusic Is An Important Source Of Employment1300 Words   |  6 Pagesof all ages listen to different kinds of music, with musical taste varying from person to person. It is no surprise how music has the ability to evolve as time goes on, making it versatile and adaptive to the changing times . With that change, the value of music has increased tremendously, playing a bigger role in the lives of individuals. 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The verbal means of communicating with one another free essay sample

The act of communicating ones feelings, sharing ideas, expressing how one is feeling, asking questions. A means to relate with one another in general. Language: Something which is used in communication. This can be either in the written form or spoken form. Though this is not just verbal; language can refer to any form of communicating messages to one another in order to be understood, such as sign language and body language. Communication: Expression of feelings or thoughts. This can be made through sign, speech, body language, gestures and actions. Speech, language and communication needs: The various difficulties that can affect young people in their development of communication skills. These can include speech development difficulties, problems with making themselves understood both to adults and other children. 1. 2. Explain how speech, language skills, and communication skills support each other in the following areas: Learning: We need language to understand the lessons we are being taught. We need it to participate in lessons, play and problem-solving. It allows a child to progress with their thoughts about what is going on around them and how to work these things out. Emotional: Good communication skills will enable a child to be able to explain how they are feeling more effectively, thus having a more positive effect on their emotional well-being. If this is hindered, the emotional impact can be very damaging to the childs self-esteem, motivation, self-confidence and willingness to participate in the future. Behaviour: Working with children, we need to set boundaries for them and make them aware of rights and wrongs, the language we use is paramount in eaching behaviour. As children learn from adults, especially how to communicate and treat one another, the better we communicate with one another, the better the outcome for the child. Social: How children speak to one another, and the words they use, is a huge learning curve in how others will treat them depending on what they say and how they say it. If they are unable to express themselves socially, this will hinder their social skills in the future, so being encouraged to speak out loud and interact with other children socially is most important. . 3 Describe potential impacts of speech, language and communication difficulties on the overall development of a child, both currently and in the longer term: The above difficulties can have a painfully negative effect on a childs life. If they feel they cannot be understood and/or are unable to, or find it difficult to understand others, they may become less enthusiastic about speaking aloud or attempting to try and communicate with others, which may mean they will have few or no friends. Children who have these difficulties may become disruptive in an education setting, to make up for their potential inability to concentrate and self-esteem. 2. 1 Explain ways in which adults can effectively support and extend the speech, language and communication skills during the early years: Adults can help children greatly with the above skills, using many simple yet very effective tools. For instance, a supportive environment, where communication is encouraged and praised, can increase the confidence of a child wishing to convey their thoughts. Reading to children from birth is a recommended aid to speech development and the ability to form words. Reading also stimulates the creative mind, and imagination, which should be encouraged in children so that they can use their own creativity with confidence as they develop. When encouraging language skills, we should be aware of the age and communication ability of the child or children we are with. When speaking we can use more simplified words so as the child can understand us, and what we are trying to say, more easily. Hand gestures and exaggerated facial expressions are also very useful in the early years, as young children respond very well to animation and playful tones. Repetitive communication is also a very useful tool to use to help children master words and language. Sing-along songs are a great way for children to learn word-formation, and rhyme. It also encourages them to be confident in their vocal ability, as they sing-along with their play-mates and adults alike. 2. 2 Explain positive effects of adult support for children and carers: As children are growing and learning and finding how things work, there can be a lot of frustration and tantrums. Having an adult support, able to explain patiently and calmly how to overcome the current frustration and complete said task effectively can have a positive outcome for future problem-solving. Children respond very positively to praise and encouragement, so having an adult who is aware of this benefit, will have a lasting and positive effect on a child. 2. 3 Explain how levels of speech and language development vary between children entering early years provision and need to be taken into account during settling in and planning. All children learn at different rates and develop their language and communicating skills at individual levels, it is important that those working in a care setting are aware of this and treat each child accordingly. If there are specific learning needs, where speech and communication are concerned, in order for the child to integrate more easily and comfortably, a speech therapist may be used to help improve their settling in. Once the child is more comfortable with speaking and his ability to use language, he can then interact with others more confidently and then begin to learn from them in his own time.