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