Bill Edstrom, managing partner at a biomedical consulting firm, has requested yo
ID: 365598 • Letter: B
Question
Bill Edstrom, managing partner at a biomedical consulting firm, has requested your expert advice in devising the best schedule for the following consulting projects, starting at the beginning of the day on February 2 CALL RECEIVED CONSULTATION DUE DATE CLOSE DATE TIME OF BUSINESS) February 19 A.M. February 6 TASK LENGTHCOMPANY 4 days Novartis Corp. Reardon Biotecn February AM. 10 I1 2 days Corp 1day V 3 days Pharmaceuticals February 5 Vertex Pharmaceuticals Febnuary 111 A.M.February 7 O5I February 11 P.M. February 8 The consulting firm charges a flat rate of $4,000 per day. A four firms impose fines for lateness. Reardon Biotech charges a $1,000-per-day fine for each day that the completion of the consuiting work is past the due date; Vertex Pharmaceuticals, Novartis, and OSI Pharmaceuticals al charge a fine of $2,000 per day for each day late. Prepare aiternative schedules based on the following priority rules: sOT, FCFS, EDD, STR, and another rule-longest processing time (LPT), which orders jobs according to longest assigned first, second longest assigned second, and 5o on. For the sake of simplicity, assume that consulting work is performed seven days a week. a. Calculate the total costs (sum of the late fines) for each rule. Costs SOT FCF EDD STR 2,000 15,000 16,000 9,000 18,000Explanation / Answer
Yeah! The toatal costs sum of the late lines for each rule is
SOT- 12000
FCFS- 15000
EDD- 16000
STR- 19000
LPT- 18,000
The provided answers are correct.
Related Questions
Navigate
Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.