Question: The following table represents a plan for a project: PREDECESSOR JOB(S) TIMES (DAYS) JOB NO. a m b 1 3 5 10 2 1 2

The following table represents a plan for a project:

PREDECESSOR JOB(S) TIMES (DAYS)
JOB NO. a m b
1 3 5 10
2 1 2 2 14
3 1 2 5 8
4 1 1 4 10
5 2 1 3 5
6 3 2 4 6
7 4 3 6 12
8 5,6 1 4 7
9 8 2 6 13
10 7 3 4 5
11 9,10 1 7 13

b. Indicate the critical path.

1-2-5-8
1-4-7-10-11
1-3-6-8-9-11
1-2-5-8-9-11

c. What is the expected completion time for the project? (Round your answer to 2 decimal places.)

Expected completion time 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 7 by two days.

Yes
No

2. Reduce job 3 by three days.

Yes
No

3. Reduce job 8 by four days.

Yes
No

e. What is the probability that the project will take more than 35 days to complete? (Round your answer to 2 decimal places.)

Probability

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