Question: Problem 2: (25 pts) Consider the project information in the following table. (time in days) Optimistic Predecessor Normal Pessimistic Activity duration duration duration A 5

Problem 2: (25 pts) Consider the project

Problem 2: (25 pts) Consider the project information in the following table. (time in days) Optimistic Predecessor Normal Pessimistic Activity duration duration duration A 5 6 7 B 8 9 10 1 3 5 D 4 6 8 E A 2 3 4 F B, D 5 7 8 G 6 8 9 a) Calculate the expected time, ES, EF, LS, LF, slack time and variance for each activity (10 pts) (5 pts) b) What is the expected completion time of the project? Explain. c) Estimate the probability of finishing the project in 15 days or less (showing calculation (5 pts) d) What is the project completion time so that there is a 95% probability that the project will be finished (5 pts) by this time

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!

Consider the project information in the following table. (time in days) Activity Predecessor Optimistic duration Normal duration Pessimistic duration A 5 6 7 B 8 9 10 C 1 3 5 D C 4 6 8 E A 2 3 4 F B,...

Consider the project information in the following table. (time in days) Activity Predecessor Optimistic Normal duration Pessimistic duration duration A 5 6 7 B 8 9 10 C 1 3 5 D C 4 6 8 E A 2 3 4 F B,...

QUESTION 3 Consider the project information in the following table time in days) Normal Optimistic Pessimistic Activity Predecessor duration duration duration A 10 8 9 N B 5 3 8 6 4 D 3 2 E 8 F BD 5...

Example PROBLEM Recently, you were assigned to manage a project to remodel the seminar room for your company. You have constructed a network diagram depicting the various activities in the project...

c. What is the probability of completing the project in 15 days? The probability of completing the project in 15 days is.1075 (Enter your response rounded to four decimal) I just cannot figure out...

Save Homework: Homework #7 (Chapter 7) HW Score: 75%, 15 of 20 pls 13 of 13 (12 completely Score: 0 of 3 pts Question Help Problem 21 Recently, you were assigned to manage a project for your company....

Recently, you were assigned to manage a project for your company. You have constructed a network diagram depicting the various activities in the project (shown below to the right). In addition, you...

National Scan, Inc, sells radiofrequency inventory tags. Monthly sales for a seven-month period were as follows: 11 ( units 6. Forecast September sales volume using each of the following:...

dont draw gantt chart 8 6 1. A project activities and related information are given in the following table. Time Estimates (Days) Activity Predecessor Optimistic Most likely Pessimistic time (a) time...

The plane given by 4x - y - z given by x = t y = 1 + 2t z = 2 + 3t

The vibrations of a string fixed at both ends are described by the equation y = (5.00 mm) sin((1:57 cm) x] sin[(314 s) t] (a) What is the maximum displacement of the particle at x = 5-66 cm ? (b)...

SIPC ensures investors against failure of a brokerage firm up to a limit of _ _ _ _ _ _ _ _ _ _ blank. Multiple Choice $ 1 0 0 , 0 0 0 $ 2 5 0 , 0 0 0 $ 5 0 0 , 0 0 0 $ 1 , 0 0 0 , 0 0 0

Read the articles on journaling and review the template provided. Identify what approach, to journaling, in the articles you found useful and why. Post to the discussion forum that you have reviewed...