Question: ( All answers were generated using 1 , 0 0 0 trials and native Excel functionality. ) duration estimates ( in days ) for each
All answers were generated using trials and native Excel functionality.
duration estimates in days for each activity.
tableActivitytableImmediatePredecessorstableMinimumTimetableLikelyTimetableMaximumTimeA: Negotiate contract with selected musicians,B: Reserve site,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
hand, activity E cannot be started until activities and 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 Duratic,AveragedaysStandard Deviation,days
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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