Free Case Study About The PERT Mustang

Question 1:

Answer: The person needs to restore his Mustang near to mint look or exactly to mint condition as could reasonably be expected. He wants to and use his Mustang in promotion and sales and take it to fairs of automobiles in order to draw in new business in a span of 1.5 months. It is found that there are 22 activities included in the process beginning with request of materials to make his vehicle for displaying in the Detroit Auto Show, considering the assessment of times and errands that need to be carried out in activities.
A table containing the project activities identifying the required time and the priority relationship needs to be arranged, and a system graph needs to be considered to form the prompt preceding activities. The tasks for critical path are identified to indicate that the project can be finished in one a half year.
RASAS comprises of three auto dealerships and this endeavor into reclamation business still suits for its business. It has perceived that a business opportunity exists for the new business in light of the fact that general society is developing enthusiasm for this rebuilding of vintage items such as vehicles, and numerous individuals need to possess a vintage auto. This company can be the business pioneer for this rebuilding business on the off chance that it achieves with RASAS's learning and involvement in the auto business.
Notwithstanding, operations of RASAS assignment ought to be respect to quality and cost, administration of clients, and the ability to adapt. It will need to keep the operation cost low, for example, the expense of the expertise specialists and additional parts, for getting into the auto reclamation market. The nature of the auto needs to be top structure in its workmanship, extra parts, well-being and completions. The likeness of the customer is vital to the adaptability for the client to choose the kind of autos. The company ought to consider restore vintage auto into a different structure, for example, mint condition, with or without customization or some other determination that asked for by clients.
It likewise needs to concentrate on administrations of clients; for example, handle objections and after deal administrations, conveyance the auto on time, has sufficient extra parts in the store and give a proficient exhortation to the clients.

Question 2:

Answer:
Time of Activities (days) - Immediate Predecessor - Cost ($)
A 2 - 100
B 30 - A 2100
C 10 - A 800
D 7 - A 1750

E 1 - 200

F 1 - E 300
G 4 - F 1000
H 6 - F 1500
I 1 - F 200

J 3 - I 900

K 5 - I 1000
L 1 - I - D 200
M 3 - E 210

N 1 - K - L 200

O 1 - H - J 240
P 4 - N - O 2000
Q 1 - C- 100
R 1 - G - P 100
S 4 - R - Q 1700
T 7 - B - S 2400
U 1 - S - M 100
V 2 - T - U 1000

Question 3:

Answer: The critical path is ABTV; which include activities A, B, T and V and the required is 41 days for completion.

The Slack time for each activity are:-

SA = 0, SG = 21, SM = 34, SS = 12,
SB = 0, SH = 14, SN = 12, ST = 0
SC = 15, SI = 14, SO = 14, SU = 18,
SD = 12, SJ = 16, SP = 12, SV = 0,
SE = 14, SK = 14, SQ = 15,
SF = 14, SL = 12, SR = 12

Question 4:

Answer: Project Budget including cost for every activity is given as:
Activities Cost ($)
A= 100
B= 2100
C= 800
D= 1750
E= 200
F= 300
G= 1000
H= 1500
I= 200
J= 900
K= 1000
L= 200
M= 210
N= 200
O= 240
P= 2000
Q= 100
R= 100
S= 1700
T= 2400
U= 100
V= 1000
Total Activities Cost= $18,100
The total cost of the activities is found to be $18,100. Originally, the car was purchased at cost $50,000, so the total cost of project can be calculated as:
Cost of activities + cost of car
$18,100 + $50,000 = $68,100.

The budget of the project is under $70,000.

We will draw a Gantt chart and calculate the cost of activities in 5 working days in order to assess whether the activity will need cost greater $3,600 per week. As shown in the budget cost, the activities cost from 7 to 12 days can be calculated as:
= $1750+800+250+200+200+240
=$3440
It is clear that Roberts can begin with activities later as some tasks have slack time; activity k has the slack time of 14 days, and J has the slack time of 16 days. Roberts can manage his per week budget cost under $3,600 through adjusting the slack time of activities.