Question: The following table represents a plan for a project: Use Appendix G. TIMES (DAYS) JOB NO. PREDECESSOR JOB(S) a m b 1 2 3 4

The following table represents a plan for a project: Use Appendix G.

TIMES (DAYS)

JOB NO. PREDECESSOR JOB(S) a m b
1 2 3 4
2 1 1 7 13
3 1 4 5 12
4 1 3 3 9
5 2 3 4 5
6 3 1 2 3
7 4 2 9 10
8 5, 6 1 3 5
9 8 2 4 12
10 7 3 4 5
11 9, 10 3 10 11
b. Indicate the critical path.
  • 1-3-6-8-9-11

  • 1-2-5-8-9-11

  • 1-2-5-8

  • 1-4-7-10-11

c.

What is the expected completion time for the project? (Do not round intermediate calculations. 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. If you will save $1,000 for each day that the earliest completion time is reduced, which of the following actions should be taken, if any?

1. Reduce job 3 by three days.
  • Yes

  • No

2. Reduce job 7 by two days.
  • Yes

  • No

3. Reduce job 8 by four days.
  • No

  • Yes

e.

What is the probability that the project will take more than 33 days to complete? (Use Excel's NORMSDIST() function to find the correct probability for your computed Z-value. Do not round intermediate calculations. Round "z" value to 2 decimal places and final answer to 4 decimal places.)

Probability

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