Question: The following table represents a plan for a project: Use Appendix G. TIMES (DAYS) JOB NO. PREDECESSOR JOB(S) a m b 1 3 5 10
| The following table represents a plan for a project: Use Appendix G. |
| TIMES (DAYS) | ||||
| JOB NO. | PREDECESSOR JOB(S) | 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. |
multiple choice 1
|
| 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 7 by two days. |
multiple choice 2
|
| 2. | Reduce job 3 by three days. |
multiple choice 3
|
| 3. | Reduce job 8 by four days. |
multiple choice 4
|
| e. | What is the probability that the project will take more than 35 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 |
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
