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Problem Assignment #2 #1) An MBA program (with an emphasis in Supply Chain Management) at a Mid-western University in the US requires completion of 12 courses

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Problem Assignment #2

#1) An MBA program (with an emphasis in Supply Chain Management) at a Mid-western University in the US requires completion of 12 courses.  Duration of each course is one semester. Courses required (and their prerequisites) for the MBA program are as follows:

Accounting (AC) course:

AC 701 (Prereq: None)

 

Finance (FN) courses:

FN 735 (Prereq: AC 701)

 

Supply Chain Management (SC) courses:

SC 719 (Prereq: AC 701)

SC 761 (Prereq: SC 719)

SC 763 (Prereq: SC 719)

SC 768 (Prereq: SC 761 and SC 763)

 

Marketing (MK) courses:

MK 719 (Prereq: None)

MK 757 (Prereq: MK 719)

 

Information Technology (IT) courses:

IT 715 (Prereq: None)

IT 745 (Prereq: IT 715 and MK 719)

 

Management (MG) courses:

MG 747 (Prereq: IT 745)

MG 771 (Prereq: FN 735, SC 768, MK 757 and MG 747)

 

NOTE: Assume all courses are offered every semester by the university.

 

1. If a student has waiver for IT 715, what is the minimum semesters needed to complete that program? (3 points)
2. If a student is interested in taking only 1 course (AC 701 OR IT 715) in the very first semester. Which course should the student take (based on the most critical followers rule)? (2 points)
3. If a student is interested in taking only 1 course (IT 715 OR MK 719) in the very first semester. Which course should the student take (based on most successors (followers) rule)? (2 points)

 

 

 

#2) A restaurant chain is building a new restaurant.  Following are the activities that need to be completed to get the restaurant opened. In addition, data related to the activities are provided in the table.

 

                    

Activity	Preceding Activities	Normal Time (wks)	Crash Time (wks)	Expediting (Crashing) cost per week ($)
B	-	18	15	1,300
C	-	16	14	1,400
D	B, C	5	5	-
E	D	9	6	3,000
F	E	3	1	2,750

 

The manager of the restaurant is interested in reducing (expediting) the duration of the project by 2 weeks. Specifically, which activities (and by how many weeks) should be expedited, if the restaurant chain is willing to pay crashing/expediting cost? (7 points