The A-O-N network diagram and time estimates (in days) of each activities for the custom order...
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The A-O-N network diagram and time estimates (in days) of each activities for the custom order project of the Air Control Company is presented below. 0 Start 0 D Z= FORMULAE Activities a+4m+b A B T₁-T₂ Σot C D E F a Optimistic Time Most Likely Time 15 5 16 12 D 1 1 C P. O₁ = (P=²), TE = Σ²₂. OTg = m 18 11 28 15 4 4 F E Pessimistic Time b 27 critical path? (5 points) e) What is the probability that the project will finish before 48 days? (5 points) f) What is the probability that the project will finish before 52 days? (5 points) 23 a) Calculate the expected time of each activity? (5 points) b) Calculate the variance of the time for each activity? (5 points) c) Find the critical path. What are the activities on the critical path? (5 points) d) What is the expected completion time of the Project and what is the standard deviation of 46 18 13 7 Z value End 0.22 0.32 0.62 0.97 1.12 1.27 10 Probability 0.59 0.63 0.73 0.83 0.87 0.90 The A-O-N network diagram and time estimates (in days) of each activities for the custom order project of the Air Control Company is presented below. 0 Start 0 D Z= FORMULAE Activities a+4m+b A B T₁-T₂ Σot C D E F a Optimistic Time Most Likely Time 15 5 16 12 D 1 1 C P. O₁ = (P=²), TE = Σ²₂. OTg = m 18 11 28 15 4 4 F E Pessimistic Time b 27 critical path? (5 points) e) What is the probability that the project will finish before 48 days? (5 points) f) What is the probability that the project will finish before 52 days? (5 points) 23 a) Calculate the expected time of each activity? (5 points) b) Calculate the variance of the time for each activity? (5 points) c) Find the critical path. What are the activities on the critical path? (5 points) d) What is the expected completion time of the Project and what is the standard deviation of 46 18 13 7 Z value End 0.22 0.32 0.62 0.97 1.12 1.27 10 Probability 0.59 0.63 0.73 0.83 0.87 0.90
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Quantitative Methods for Business
ISBN: 978-0324651751
11th Edition
Authors: David Anderson, Dennis Sweeney, Thomas Williams, Jeffrey cam
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