Question: Consider the following project below. Assume that each time has a triangular distribution with the minimum, most likely and maximum values indicated. Use simulation to

Consider the following project below. Assume that each time has a triangular distribution with the minimum, most likely and maximum values indicated. Use simulation to determine:

  1. Average time and standard deviation to complete the project
  2. The probability that each activity is on the critical path
  3. The probability of completing the project within 50 weeks

Time Estimates (weeks)

Activity

Immediate Predecessor

Minimum Value

Most Likely Value

Maximum Value

A

-

2

3

5

B

A

3

4

6

C

B

2

3

7

D

B

8

10

14

E

D

6

8

10

F

D

3

4

5

G

D

4

6

8

H

C,E,F,G

7

8

10

I

H

4

5

7

J

H

3

5

9

K

I

3

4

6

L

J

1

2

4

M

K,L

3

4

6

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