Question: 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

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.

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 Finance Questions!

Given an activity's optimistic, most likely, and pessimistic time estimates of 22, 34, and 50 days respectively, compute the PERT variance for this activity.

Question 18 0/1 pts A new shopping mall is considering setting up an information desk operated by two employees. Based on information obtained from similar information desks, it is believed that...

Given an activity's optimistic, most likely, and pessimistic time estimates of 3, 3, and 9 days respectively, compute the PERT time for this activity

Given an activity's optimistic, most likely, and pessimistic time estimates of 3, 6, and 9 days respectively, compute the PERT variance for this activity.

Given an activity's optimistic, most likely, and pessimistic time estimates of 3, 5, and 15 days, respectively, compute the PERT standard deviation for this activity O a.2 b. 15 c. 5 O d. 16 e.4

Question Completion Status: QUESTION 4 Given an activity's optimistic, most likely, and pessimistic time estimates of 3, 5, and 15 days, respectively, compute the PERT variance for this activity. 4...

A Moving to another question will save this response Question 62 of 75 LAVE ANSWER Question 62 1 points Given an activity's optimistic, most likely, and pessimistic time estimates of 4, 12, and 18...

Given an activity's optimistic, most likely, and pessimistic time estimates of 3, 6, and 9 days respectively, compute the PERT variance for this activity. A) 3 B) 1 C) 9 D) 6 E) None of the above

Question 24 Given an activity's optimistic, most likely, and pessimistic time estimates of 3, 6, and 9 days respectively, compute the PERT variance for this activity 0.3 6.0 0.9 0.0 0.1

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...

The following financial information regarding Foshee Flapjacks is available: Required Compute the following ratios: debt to assets, debt to equity, and times interest earned. Discuss the solvency of...

Design and implement a Java program using the latest version of the Java Cryptography Architecture (JCA) to encrypt a file of arbitrary length with its digest appended. You may assume that your input...

By default ( without overloading ) , a client can use arithmetic operators to perform arithmetic operations on class objects. True False

Amaris is an entrepreneur who values contributing to the community by volunteering with the local community center whenever she gets the opportunity. In the context of universal ethical standards,...

5.36 Scores on an achievement test are known to be normally distributed with a mean of 420 and a standard deviation of 80. a. For a randomly chosen person taking this test, what is the probability of...

We have often observed the success of television networks in forecasting elections. This is a good example of the successful use of probability methods in applied problems. Consider how elections can...

5.12 The profit for a production process is equal to $6,000 minus three times the number of units produced. The mean and variance for the number of units produced are 1,000 and 900, respectively....