Jordanne King, the project manager for Webjets International, Inc., compiled a table showing time estimates for each
Question:
Jordanne King, the project manager for Webjets
International, Inc., compiled a table showing time estimates for each of the activities of a project to upgrade the company's Web page, including optimistic, most likely, and pessimistic.
a. Calculate the expected time, te for each activity.
b. Calculate the variance, σ2, for each activity.
Transcribed Image Text:
Optimistic (days) Most Likely (days) Pessimistic (days Activity 19 18 16 20 15
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Related Book For
Operations Management Processes and Supply Chains
ISBN: 978-0133872132
11th edition
Authors: Lee J. Krajewski, Manoj K. Malhotra, Larry P. Ritzman
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