Recently, you were assigned to manage a project for your company. You have constructed a network diagram
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Question:
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 have asked your team to estimate the amount of time that they would expect each of the activities to take. Their responses are shown in the following table:
TIME ESTIMATES (DAYS)
Activity | Optimistic | Most Likely | Pessimistic |
A | 6 | 7 | 10 |
B | 5 | 8 | 10 |
C | 5 | 6 | 8 |
D | 1 | 4 | 5 |
E | 5 | 7 | 9 |
a. What is the expected completion time of the project?
b. What is the probability of completing the project in 22 days?
c. What is the probability of completing the project in 18 days?
Related Book For
Operations management processes and supply chain
ISBN: 978-0136065760
9th edition
Authors: Lee J Krajewski, Larry P Ritzman, Manoj K Malhotra
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