Using the below Program Evaluation and Review Technique (PERT) activity table, calculate the expected value and variance
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Question:
Using the below Program Evaluation and Review Technique (PERT) activity table, calculate the expected value and variance of each activity and state and interpret the standard deviation of the overall project.
*PLEASE SHOW ALL CALCULATIONS*
Activity | Predecessors | Optimistic (a) | Most Likely (m) | Pessimistic (b) |
A | - | 2 | 3 | 4 |
B | - | 3 | 4 | 5 |
C | B | 3 | 5 | 6 |
D | A | 2 | 2 | 2 |
E | D | 1 | 4 | 5 |
F | D | 2 | 3 | 4 |
G | C,F | 1 | 3 | 5 |
H | E,G | 3 | 5 | 6 |
Related Book For
Operations Management Sustainability And Supply Chain Management
ISBN: 9780135173626
13th Edition
Authors: Jay Heizer, Barry Render, Chuck Munson
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