Question: Given an activity's optimistic, most likely, and pessimistic time estimates of 10, 13, and 19 days respectively, compute the PERT expected activity time and the

Given an activity's optimistic, most likely, and

Given an activity's optimistic, most likely, and pessimistic time estimates of 10, 13, and 19 days respectively, compute the PERT expected activity time and the corresponding variance for this activity. Exptected activity time = Round your answer to 2 decimal places. Round your answer to 2 decimal places. Variance =

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

Given an activity's optimistic, most likely, and pessimistic time estimates of 3, 6, and 21 days respectively, compute the expected activity time range (time +/- standard deviation) for this...

Given an activity's optimistic, most likely, and pessimistic time estimates of 3, 7, and 11 days respectively, compute the expected time for this activity

Question 25 Which of the following is not a benefit of JIT? Not yet answered Select one: Marked out of a. Improvement in quality 1.00 b. Reduction in throughput time Flag question c. High reliance on...

1.) Given an activity's optimistic, most likely, and pessimistic time estimates of 4, 22, and 28 days respectively, compute the PERT expected activity time for this activity. 7 22 20 none of these 18...

Given an activity's optimistic, most likely, and pessimistic time estimates of 2, 5, and 14 days respectively, compute the PERT expected activity time for this activity Select one: a. 6 b. 9 O C. 5...

how is it calculated please? Given an activity's optimistic, most likely, and pessimistic time estimates of 2, 5, and 14 days respectively, compute the PERT expected activity time for this activity....

Given an activity's optimistic, most likely, and pessimistic time estimates of 2, 5, and 14 days respectively, compute the PERT expected activity time for this activity.

Given an activity's optimistic, most likely, and pessimistic time estimates of 4, 6, and 14 days respectively, compute the PERT expected activity time for this activity

Given an activity's optimistic, most likely, and pessimistic time estimates of 50, 66, and 74 days respectively, compute the PERT expected activity time for this activity.

Given an activity's optimistic, most likely, and pessimistic time estimates of 2, 5, and 14 days respectively, compute the PERT expected activity time for this activity. Group of answer choices 9 5 7...

Assume that Carolyn experiences two periods in her life, one in which she works and earns income, and one in which she is retired and earns no income. Carolyn can earn $300,000 during her working...

1. What is money, and how do banks create money? Explain what constitutes money nowadays, and how fractional reserve banking enables the banking system to create money, based on the demand for money....

What is the primary reason for using staged financing in venture capital? To provide all the capital upfront To mitigate risk by providing capital in stages based on milestones To avoid dilution of...

As the manager of Smith Construction, you need to make a decision on the number of homes to build in a new residential area where you are the only builder. Unfortunately, you must build the homes...