Luna Martinez, director of personnel at Management Resources, Inc., is in the process of designing a program
Question:
Assume that all activity durations follow a normal distribution, with the means and standard deviations shown. Round off all activity times to two decimal places. Use simulation to determine the average project completion time and the probability that the project will take at least 75 days.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Managerial Decision Modeling With Spreadsheets
ISBN: 9780136115830
3rd Edition
Authors: Nagraj Balakrishnan, Barry Render, Jr. Ralph M. Stair
Question Posted: