Question: Solve exercise 3 using the Monte Carlo approach described in the ext. For simplicity, assume that the distribution of performance times for each activity is
Solve exercise 3 using the Monte Carlo approach described in the �ext. For simplicity, assume that the distribution of performance times for each activity is rectangular between the limits given by a and
b. Using a table of random numbers that are uniformly distributed on the range from 0 to 1, given in most standard statistics texts, transform them to the distribution required for each of the activities in Figure 1 1-19. For example, activity 2-3 has a possible range of 3 to 7, or 4 time units, and a mean of 5. Letting r denote a random number uniformly distributed on the interval 0 to 1, then, t == 3 + 4r, will be uniformly distributed on the range 3 to 7 as desired. Decide for yourself how many simulations of the network
. should be made, and express the results in a form such as given in Figures 1 1-17 and 18. Discuss your results.
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