Question: 1. Calculate the expected time for each activity. Activity A B C D E F G H 1 J Description Develop product specifications Design manufacturing

1. Calculate the expected time for each activity. Activity A B C D E F G H 1 J Description Develop product specifications Design manufacturing process Source & purchase materials Source & purchase tooling & equipment Receive & install tooling & equipment Receive materials Pilot production run Evaluate product design Evaluate process performance Write documentation report Transition to manufacturing Optimistic time 2 3 2 4 12 2 2 2 2 2 2 Most likely time 4 7 3 7 16 5 2 3 3 4 Pessimistic time 6 10 5 9 20 8 2 4 5 6 2 2. Calculation early time - lat time (ES,EF.LS,LF) and lack time 3. Draw the business network and define the critical path. 4. Calculate the variance of the critical activities and the standard deviation
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