Question: ( All answers were generated using 1 , 0 0 0 trials and native Excel functionality. ) days ) for each activity. table [
All answers were generated using trials and native Excel functionality. days for each activity.
tableActivitytableImmediatePredecessorstableMinimumTimetableLikelyTimetableMaximumTimeA: Negotiate contract with selected musicians,B: Reserve site,C: Logistical arrangements for music group,AD: Screen and hire security personnel,BE: Advertising and ticketing,B CF: Hire parking staff,DG: Arrange concession sales,E
cannot be started until activities B and C are both completed. The project is not complete until all activities are completed.
a Using the triangular distribution to represent the duration of each activity, construct a simulation model to estimate the average amount of time to complete the concert preparations.
Round your answers to one decimal place.
tableProject Duration,tableAverageStandard Deviationdays
b What is the likelihood that the project will be complete in days or less?
Round your answer to the nearest whole number.
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