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(Solved): 1. The following table provides tasks along with their immediate predecessors, and task times. Task ...
1. The following table provides tasks along with their immediate predecessors, and task times. Task Immed. Predeces. Time (seconds) A None 45 B None 30 ? A,B 48 D B 20 E C 10 F DE 20 G E 40 Desired output is 75 units per hour, thus the cycle time is 48 seconds. Balance the line (assign all tasks) using the longest task time rule. Show all the work. 2. Based on available information, a student develops a decision tree. Calculate expected value at every nodes. What is the optimum decision and its expected value? Show work. Payoff (5 millions) (.5) Large Market 5.0 Produce & Market (5) Low Mkt -2.0 (.5) Large Market Develop 3.0 Sell Idea Product (5) Low Mit 1.0 Lease for Royalty (.5) Large Market 2.2 ?? Sell Idea (.5) Low Mkt. Company A 1.2 (.5) Large Market Company B 1.9 (.5) Low Mkt. 1.3 1.0