number 17 a,b,c,d and e.

c. e the probability that the project will be com Tell network. b. b. Based solely on the critical path, estimate the probability that the plete within 10 weeks. Using all paths through project network, estimate the probab be complete within 10 weeks. network, estimate the probability that the project will d. Should you use the estimate in (b) or (c)? The Porsche Shop, founded in 1985 by Dale Jensen, specializes in vintage Porsche automobiles. One of Jensen's regular customers asked an estimate for the restoration of a 1964 model 356SC Porsche. Toe and cost to perform such a restoration. Jensen broke the restoration proy separate activities: disassembly and initial preparation work (A), body resto 17. Dale Jensen, specializes in the restoration of T Jensen's regular customers asked him to prepare 4 model 356SC Porsche. To estimate the time Jensen broke the restoration process into four aton (C), and final assembly (D). Once activity A has been completed. can be performed independently of each other; however, activity D can be started only if both activities B and C have been completed. Based on Chapter 9 Project Scheduling: PERT/CPM Problems inspection of the car, Jensen believes that the following ti applicable: time este Activity Optimistic Most Probable +00 Start A Nuw S30600 W ber costs are $400 a day The- using a best- oration based on bration cost is the same Act Jensen estimates that the parts needed to restore the body will cost 52 needed to restore the engine will cost $5000. His current labor cos a. Develop a project network. b. What is the expected project completion time? c. Jensen's business philosophy is based on making decisions using case scenario. Develop cost estimates for completing the restoration best- and worst-case analysis. Assume that the total restoration ca labor cost plus the material cost. d. If Jensen obtains the job with a bid that is based on the costs associa pected completion time, what is the probability that he will lose money e. If Jensen obtains the job based on a bid of $16,800, what is the probability that lose money on the job? 18. The manager of the Oak Hills Swimming Club is planning the club's swimminen nrogram. The first team practice is scheduled for May 1. The activities, their immedial costs associated with ans. will lose money on the who follow