Question: The following table represents a plan for a project: JOB NO PREDECESSOR JOB(S) 1 1 1 2 3 A 5 5 6 2 2 2

The following table represents a plan for a

The following table represents a plan for a project: JOB NO PREDECESSOR JOB(S) 1 1 1 2 3 A 5 5 6 2 2 2 4 A 5,6 8 7 9,10 TIMES (DAYS) m b 2 4 9 2 2 11 2 2 6 4 6 2 7 3 8 2 2 2 3 4 1 2 2 6 10. 3 5 10 1 1 3 3 5 1 2. 12 3 4 5 1 5 6 9 10 11 b. Indicate the critical path. 1-2-5-8 1-3-6-8-9-11 1-2-5-8-9-11 1-4-7-10-11 c. What is the expected completion time for the project? (Round your answer to 2 decimal places.) Expected completion time 25 days d. You can accomplish any one of the following at an additional cost of $1,500 and if you will save $1,000 for each day that the earliest completion time is reduced, which action, if any, would you choose? 1. Reduce job 5 by two days. Yes . No 2. Reduce job 6 by two days. Yes . No 3. Reduce job 7 by four days. No Yes e. What is the probability that the project will take more than 29 days to complete? (Round your answer to 2 decimal places.) Probability 0.40

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