Question: =13.2. Consider the Reliable Construction Co. project scheduling example presented in Section 13.3. Recall that computer simulation was used to estimate the probability of meeting

=13.2. Consider the Reliable Construction Co. project scheduling example presented in Section 13.3. Recall that computer simulation was used to estimate the probability of meeting the deadline and that Figure 13.20 revealed that the deadline was met on 58.88 percent of the trials from one simulation run. As discussed while interpreting this result, the percentage of trials on which the project is completed by the deadline will vary from simulation run to simulation run. This problem will demonstrate this fact and investigate the impact of the number of trials on this randomness. The spreadsheet model is available on your MS Courseware CD-ROM. Make sure that the “Use Same Sequence of Random Numbers” option is not checked and that the MonteCarlo Sampling Method is selected in the Sampling tab of Run Preferences.

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