FACULTY OF SOCIAL AND MANAGEMENT SCIENCES

DEPARTMENT OF ECONOMICS
Course Code and Title: ECN 421: Quantitative Methods
TUTORIALS SHEET 1

EXERCISE 1. You are given the following projects:

PROJECT 1

Activities A B C D E F
Preceding Activity ----- A B,D --- C E
Duration 5 5 5 15 10 5
PROJECT 2

Activities A,B C D,E,F G H,I F

Preceding ----- A B,D --- C E
Activity
Duration
The respective durations of project 2 in days are A=5, B=4, C=2, D=1, E=5, G=4, H=3, I=2

1. Draw a network for the following projects

2. Fine the critical path of the respective project

EXERCISE 2.

The precedence relationships for the activities of a project are given below:

Activities A B C D E F G H I
Preceding -------- -------- ------- A A B,D B,D C,F E
Activity
Time 4 6 12 5 14 10 6 15 10

1. Present the network for this project showing their earliest start times and finished times
2. Identify the critical path using three different method

EXERCISE 3: The two project schedule A and B has the following characteristics

Activities 1-2 1-3 2-4 3-4 3-5 4-9 5-6 5-7 6-8 7-8 8-10 9-
10
Time (in 4 1 1 1 6 5 4 8 1 2 5 7
weeks)

Activities 0-1 1-2 1-3 2-4 2-5 3-4 3-6 4-7 5-7 6-7
Time (in 4 1 1 1 6 5 4 8 1 2
weeks)

1. Construct the respective network

2. Compute E and L for each event and determine the critical path from the total float
3. Compute in the same way, the slacks, and the free and independent float.