Question: A project has three activities A, B, and C that must be carried out sequentially. The probability distributions of the times required to complete activities
A project has three activities A, B, and C that must be carried out sequentially. The probability distributions of the times required to complete activities A, B, and C are uniformly distributed in intervals [1,5], [2,3] and [3,6] respectively. Run at least 100 simulations in Excel.
The estimated mean project duration is:
The estimated variance of the project duration is
Please explain detail ( Excel)
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
