A PERT chart includes the following information: a. Draw a network and label each activity with its

Question:

A PERT chart includes the following information:
A PERT chart includes the following information:a. Draw a network

a. Draw a network and label each activity with its expected time and variance.
b. Calculate the expected completion time of the project.
c. What is the probability that the project will be completed in 30 days?
d. Are the PERT assumptions used to calculate the probability in part c realistic in this case? Why or why not?
e. What is the effect of the large variance in activity B?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Operations Management in the Supply Chain Decisions and Cases

ISBN: 978-0073525242

6th edition

Authors: Roger Schroeder, M. Johnny Rungtusanatham, Susan Goldstein

Question Posted: