Optimal cost schedule


Question 1: Given the cost and time data for a specific project. Find out the optimal cost Schedule for the project by drawing project schedule versus total cost. Overhead cost is Rs. 50 per day.

950_optimal cost schedule.jpg

Question 2: Describe the uses of variance and expected time in relation to critical paths in a PERT network.

Question 3: The relationship between the activities of a project is given below. Draw the network. Compute slack at each event. Show the critical path and normal project duration.

1986_calculating slack.jpg

Question 4: What is PERT and what are the applications of PERT?

Question 5: Describe the methodology for applications of network analysis to resolve engineering problems.

Question 6: Describe various rules for drawing network by using an example.

Question 7: Distinguish between a P.E.R.T network and CPM network.

Question 8: A project comprises of seven activities. Activities P, Q, R run simultaneously. The relationship among the different activities is as follows:

1110_fulkersons rule.jpg

Activity V is the last operation of the project and it is as well immediate successor to S, T and U. Draw the network of the project and number the events according the Fulkerson's rule.

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Operation Research: Optimal cost schedule
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