One of the firm's existing projects needs to be completed earlier than planned. Use the following data
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One of the firm's existing projects needs to be completed earlier than planned. Use the following data and the critical path and PERT methods to answer the questions that follow. Use the "most likely time" estimate (m) as the time estimate for the CPM analysis.
Activity | Immediate Predecessors | Times in Days | ||
a | m | b | ||
A | None | 1 | 3 | 5 |
B | None | 1 | 2 | 3 |
C | A | 1 | 2 | 3 |
D | A | 2 | 3 | 4 |
E | B | 3 | 4 | 11 |
F | C, D | 3 | 4 | 5 |
G | D, E | 1 | 4 | 7 |
H | F, G | 2 | 4 | 6 |
Related Book For
Principles of Managerial Finance
ISBN: 978-1408271582
Arab World Edition
Authors: Lawrence J. Gitman, Chad J. Zutter, Wajeeh Elali, Amer Al Roubaix
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