Question: If General Foundry will save $2000 for each week that the earliest completion time is reduced, which single option, if any, should Lester choose? And
If General Foundry will save $2000 for each week that the earliest completion time is reduced, which single option, if any, should Lester choose? And why? (10 points) 2. The following table represents a plan for a project: a. Construct the appropriate network diagram. ( 10 points) b. What is the critical path? ( 10 points) c. What is the expected completion time for the project and what is the variance of project completion time? ( 20 points) e. Is the probability that the project will take less than 20 days to complete larger than 50% or smaller than 50% ? And why? ( 10 points)
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