Question: Research and Development Project The following data represents the feasibility study that has been jointly compiled by research team to manufacture portable vacuum cleaner. This

Research and Development Project
The following data represents the feasibility study that has been jointly
compiled by research team to manufacture portable vacuum cleaner.
This data represents activities' optimistic, most probable and
pessimistic cost as shown below.
Carry out PERT analysis to find:
a) What is the probability of finishing the project with $390,000?
b) What will be the project cost to be %85 sure that the project will finish?
Research and Development Project The following data represents the feasibility study

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