In calculating the probability that a project will be finished by some specified time, the probabilities of
Question:
In calculating the probability that a project will be finished by some specified time, the probabilities of each path are multiplied together, on the assumption that the paths are independ- ent of one another. How reasonable is this assumption?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (QA)
The assumption that the paths are independent of one another is a simplification used to make calcul...View the full answer
Answered By
JAPHETH KOGEI
Hi there. I'm here to assist you to score the highest marks on your assignments and homework. My areas of specialisation are:
Auditing, Financial Accounting, Macroeconomics, Monetary-economics, Business-administration, Advanced-accounting, Corporate Finance, Professional-accounting-ethics, Corporate governance, Financial-risk-analysis, Financial-budgeting, Corporate-social-responsibility, Statistics, Business management, logic, Critical thinking,
So, I look forward to helping you solve your academic problem.
I enjoy teaching and tutoring university and high school students. During my free time, I also read books on motivation, leadership, comedy, emotional intelligence, critical thinking, nature, human nature, innovation, persuasion, performance, negotiations, goals, power, time management, wealth, debates, sales, and finance. Additionally, I am a panellist on an FM radio program on Sunday mornings where we discuss current affairs.
I travel three times a year either to the USA, Europe and around Africa.
As a university student in the USA, I enjoyed interacting with people from different cultures and ethnic groups. Together with friends, we travelled widely in the USA and in Europe (UK, France, Denmark, Germany, Turkey, etc).
So, I look forward to tutoring you. I believe that it will be exciting to meet them.
3.00+
2+ Reviews
10+ Question Solved
Related Book For
Operations And Supply Chain Management For MBAs
ISBN: 9781119355328
6th Edition
Authors: Jack R. Meredith, Scott M. Shafer
Question Posted:
Students also viewed these Business questions
-
Homework-2 DECISION ANALYSIS PROBLEMS Problem-1: Kenneth Brown is the principal owner of Brown Oil, Inc. After quitting his university teaching job, Ken has been able to increase his annual salary by...
-
How can we determine the probability that a project will be completed by a certain date? What assumptions are made in this computation?
-
The estimated times and immediate predecessors for the activities in a project at Caesar Douglass retinal scanning company are given in the following table. Assume that the activity times are...
-
U Ltd has three subsidiaries (one of which is dormant) and has the following results for the year to 31 December 2020: Compute the corporation tax liability for the year and state the date (or dates)...
-
A negative muon traveling at 33% the speed of light collides head on with a positive muon traveling at 50% the speed of light. The two muons (each of rest mass 105.7MeV/c2) Annihilate, and produce...
-
A survey of U.S. adults found that 86% of those who use the Internet keep track of their online passwords in their heads. You randomly select 30 U.S. adults who use the Internet. Find the probability...
-
Is there a single standard command-line processor to parse and process argv?
-
On January 1, 2014, the Hardin Company budget committee has reached agreement on the following data for the 6 months ending June 30, 2014. Sales units: First quarter 5,000; second quarter 6,000;...
-
Consider eight threads (T1-T8) that are synchronized using Semaphores. Each thread has a critical section that is constrained to execute according to the following precedence relation: T2, T3 and T4...
-
Is the stretched-S life-cycle project form more common or the exponential form? What other aspects of managing a project are affected by the nature of the project form besides budget- ing and early...
-
Why doesn't it make sense to think in terms of a critical path when activity times are not known with certainty?
-
Is the risk-reward trade-off the same with an international investment as it is with a domestic investment?
-
The company that I have chosen for this week is Starbucks: Locate the financial statements for Starbucks that provides segmented financial information. Provide an overview of what is revealed about...
-
In August 2005, Paula Preparer was retained as accountant and tax return preparer for a new corporate client. In reviewing the prior returns of the client, Paula noticed that substantial deductions...
-
Compute capital gain in hands of Mrs. Parminder for the A.Y. 2021-22. Mrs. Parminder has jewellery, being gifted on 1/04/2005 by her brother Jitendar. Jitendar acquired such asset for Rs 60,000 as on...
-
The radius r of a circle is increasing at a rate of 6 centimeters per minute. Find the rate of change of the area when r = 30 centimeters. cm/min
-
4: Each question contains statements followed by two conclusions, A and B. Mark option 1, if only conclusion A follows. Mark option 2, if only conclusion B follows. Mark option 3, if both conclusions...
-
From the following information for the year 2009, prepare an income statement and a statement of shareholders' equity, under GAAP rules, for a company with shareholders' equity at the beginning of...
-
Respond to the ethical judgments required based on the following scenarios. Scenario 1. Assume you have collected a sample using MUS and that you have evaluated that sample to calculate a total...
-
In the Web site development project network, shown in the following figure, the number alongside each activity designates the activity duration (TE) in weeks. Determine: (a) The ES and LS for each...
-
Given the following information regarding a project concerning an initial public offering (IPO), (a) Draw the network. (b) What is the critical path? (c) When will the offering be available...
-
Resolve part (d) of Problem 10 assuming the values of and b are given at the 95 percent level. Repeat, assuming the values are given at the 90 percent level. Problem 10 (d) Critical path probability...
-
2. Monopolistic competition: For a firm facing the following cost functions and demand curve: 25 T T $ 0 5 10 10 15 20 20 MR MC AC 10 20 30 40 Quantity Indicate their profit maximizing quantity on...
-
2. Given the following information, what would be the value of M1? (4 points) Small time deposits $650 billion Checking deposits Savings-type accounts $300 billion $750 billion Money market mutual...
-
3. In the following normal-form game, what strategies survive iterated elimination of strictly dominated strategies? What are the pure-strategy Nash equilibria? Player 2 L C R T (2,0) (1,1) (4,2)...
Study smarter with the SolutionInn App