Barbara Gordon, the project manager for web Ventures, Inc., compiled a table showing time estimate for each
Question:
Barbara Gordon, the project manager for web Ventures, Inc., compiled a table showing time estimate for each of the company’s manufacturing activities of a project, including optimistic, most likely and pessimistic,
a. Calculate the expected time, te for each activity.
b. Calculate the variance, Ï2 for each activity
Transcribed Image Text:
Activity Optimistic (days) Most Likely (days) Pessimistic (days) 19 18 16 20 12 15
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Related Book For
Operations management processes and supply chain
ISBN: 978-0136065760
9th edition
Authors: Lee J Krajewski, Larry P Ritzman, Manoj K Malhotra
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