A small project is composed of seven activities whose time estimates are given in the following...
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A small project is composed of seven activities whose time estimates are given in the following table: Activity A (1,2) B (1,3) C (1,4) D (2,5) E (3,5) F (4,6) G (5,6) Time required (days) Optimistic 6 6 12 6 12 12 18 Most likely 6 12 12 6 30 30 30 (a) Find the expected duration and variance for each activity. (b) What is the expected project length? Pessimistic 24 18 30 6 48 42 54 A small project is composed of seven activities whose time estimates are given in the following table: Activity A (1,2) B (1,3) C (1,4) D (2,5) E (3,5) F (4,6) G (5,6) Time required (days) Optimistic 6 6 12 6 12 12 18 Most likely 6 12 12 6 30 30 30 (a) Find the expected duration and variance for each activity. (b) What is the expected project length? Pessimistic 24 18 30 6 48 42 54
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To find the expected duration and variance of each activity lets use the following formulas Expected ... View the full answer
Related Book For
An Introduction To Statistical Methods And Data Analysis
ISBN: 9781305465527
7th Edition
Authors: R. Lyman Ott, Micheal T. Longnecker
Posted Date:
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