Question: Given the project information in the following table, what is the probability of completing the National Holiday Toy project in 93-time units? Hint: Use the

Given the project information in the following

Given the project information in the following table, what is the probability of completing the National Holiday Toy project in 93-time units? Hint: Use the =NORM.S.DIST(Z, TRUE) function in Excel to compute the probability. (Carry at least 3 decimal places in all intermediate calculations and the Z value. Enter your final probability answer to 3 decimal places.) 12 24 Optimistic Most Likely Pessimistic Activity Variance Acct. ID Description Predecessor (a) (m) (b) Time (te) [(b - a)/6]2 Critical ? 1 Design package None 6 13 9 2 Design product 1 17 19 28 20.17 3.36 3 Build package 1 4 7 10 7 1 4 Secure patent 2 21 39 30 9 5 Build product 2 29 47 30 25 6 Paint 3,4,5 4 7 10 1 7 Test market 6 13 14 19 14.67 1 30 17 7 The probability of completing the project in 93 time units is

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!

Harsh Electrical: Analyzing cost in search of profit Prepare a cost of goods sold statement for Harsh Electrical Considering Harsh Electrical's product and period costs, create a projected income...

Given the project information in the following table, what is the probability of completing the National Holiday Toy project in 9 3 - time units? Hint: Use the = NORM.S . DIST ( z , TRUE ) function...

Given the project information in the following table, what is the probability of completing the National Holiday Toy project in 93-time units? Hint: Use the =NORM.S.DIST(z, TRUE) function in Excel to...

Wsum Home BD21. Brignac WSU Technology w information How Help Save & Exit Submit ter 7 Homework Check my work 1 Given the project information in the following table, what is the probability of...

Given the project information in the following table, what is the probability of completing the National Holiday Toy project in 100-time units? Hint: Use the =NORM.S.DIST(z, TRUE) function in Excel...

Given the project information in the following table, what is the probability of completing the National Holiday Toy project in 93-time units? Hint: Use the =NORM.S.DIST(3, TRUE) function in Excel to...

Given the project information in the following table, what is the probability of completing the National Holiday Toy project in 93-time units? Hint: Use the NORM.S.DIST(2, TRUE) function in Excel to...

Given the project information in the following table, what is the probability of completing the National Holiday Toy project in 93-time units? Hint: Use the =NORM.S.DIST(z, TRUE) function in Excel to...

Price and efficiency variances. Peterson Foods manufactures pumpkin scones. For January 2009, it budgeted to purchase and use 15000 pounds of pumpkin at $0.89 a pound. Actual purchases and usage for...

Beethoven's Piano Rebuilding Company has been operating for one year. On January 1, at the start of its second year, its income statement accounts had zero balances and its balance sheet account...

Accounting Spring 2 0 2 5 Which of the following is repreyert r 8 Exam 1 4 of 2 9 This test: 1 0 0 point ( 9 ) possible This question: 2 point ( s ) possible Holden Gc Internal controls are used to...

A production process at Brianna Bryant Manufacturing is shown in the figure below. The drilling operation occurs separately from, and simultaneously with, the sawing and sanding, which are...