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:
- Average time and standard deviation to complete the project
- The probability that each activity is on the critical path
- The probability of completing the project within 50 weeks
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| 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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