Question: A project has four activities (A, B, C, and D) that must be performed sequentially. The probability distributions for the time required to complete each
A project has four activities (A, B, C, and D) that must be performed sequentially. The probability distributions for the time required to complete each of the activities are as follows:
| Activity | Activity Time (weeks) | Probability | ||
| A | 4 | 0.28 | ||
| 5 | 0.39 | |||
| 6 | 0.22 | |||
| 7 | 0.11 | |||
| B | 8 | 0.20 | ||
| 10 | 0.53 | |||
| 12 | 0.27 | |||
| C | 12 | 0.09 | ||
| 14 | 0.23 | |||
| 16 | 0.40 | |||
| 18 | 0.24 | |||
| 20 | 0.04 | |||
| D | 10 | 0.64 | ||
| 12 | 0.36 | |||
A. Provide the base-case, worst-case, and best-case calculations for the time to complete the project.
| Activity | Base case | Worst case | Best case |
|---|---|---|---|
| A | fill in the blank 1 weeks | fill in the blank 2 weeks | fill in the blank 3 weeks |
| B | fill in the blank 4 weeks | fill in the blank 5 weeks | fill in the blank 6 weeks |
| C | fill in the blank 7 weeks | fill in the blank 8 weeks | fill in the blank 9 weeks |
| D | fill in the blank 10 weeks | fill in the blank 11 weeks | fill in the blank 12 weeks |
| Total | fill in the blank 13 weeks | fill in the blank 14 weeks | fill in the blank 15 weeksB |
B. Use the random numbers 0.8644, 0.1417, 0.101 and 0.2516 to simulate the completion time of the project in weeks.
| Activity | Random Number | Completion Time |
|---|---|---|
| A | 0.8644 | fill in the blank 16 weeks |
| B | 0.1417 | fill in the blank 17 weeks |
| C | 0.101 | fill in the blank 18 weeks |
| D | 0.2516 | fill in the blank 19 weeks |
| Total | fill in the blank 20 weeks |
C. Discuss how simulation could be used to estimate the probability that the project can be completed in weeks or less. Simulation provides a distribution of project completion times. The (mean/percentage) of times weeks and under can be used to estimate the probability that the project will be completed within weeks.
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