Suppose that the following estimates of activity times (in weeks) were provided for the network shown in
Question:
Suppose that the following estimates of activity times (in weeks) were provided for the network shown in Problem 6:
What is the probability that the project will be completed?
a. Within 21 weeks?
b. Within 22 weeks?
c. Within 25weeks?
Transcribed Image Text:
Activity Optimistic 4.0 2.5 6.0 5.0 5.0 2.0 8.0 6.0 Most Probable 5.0 3.0 7.0 5.5 7.0 3.0 10.0 7.0 Pessimistic 6.0 3.5 8.0 9.0 9.0 4.0 12.0 14.0
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 60% (15 reviews)
Activity Expected Time Variance A 5 011 B 3 003 C 7 011 D 6 ...View the full answer
Answered By
JAPHETH KOGEI
Hi there. I'm here to assist you to score the highest marks on your assignments and homework. My areas of specialisation are:
Auditing, Financial Accounting, Macroeconomics, Monetary-economics, Business-administration, Advanced-accounting, Corporate Finance, Professional-accounting-ethics, Corporate governance, Financial-risk-analysis, Financial-budgeting, Corporate-social-responsibility, Statistics, Business management, logic, Critical thinking,
So, I look forward to helping you solve your academic problem.
I enjoy teaching and tutoring university and high school students. During my free time, I also read books on motivation, leadership, comedy, emotional intelligence, critical thinking, nature, human nature, innovation, persuasion, performance, negotiations, goals, power, time management, wealth, debates, sales, and finance. Additionally, I am a panellist on an FM radio program on Sunday mornings where we discuss current affairs.
I travel three times a year either to the USA, Europe and around Africa.
As a university student in the USA, I enjoyed interacting with people from different cultures and ethnic groups. Together with friends, we travelled widely in the USA and in Europe (UK, France, Denmark, Germany, Turkey, etc).
So, I look forward to tutoring you. I believe that it will be exciting to meet them.
3.00+
2+ Reviews
10+ Question Solved
Related Book For
Quantitative Methods for Business
ISBN: 978-0324651751
11th Edition
Authors: David Anderson, Dennis Sweeney, Thomas Williams, Jeffrey cam
Question Posted:
Students also viewed these Statistics questions
-
The following estimates of activity times (in days) are available for a small project: a. Compute the expected activity completion times and the variance for each activity. b. An analyst determined...
-
What is the probability that this project will be finished in 19.8 weeks or less?
-
Suppose that the following processes arrive for execution at the times indicated. Each process will run the listed amount of time. In answering the questions, use nonpreemptive scheduling and base...
-
For the Kelvin state as considered in Example 15.4, explicitly justify the displacement and stress results given in relations (15.2.8) and (15.2.10). Data from example 15.4 Equation 15.2.8 Equation...
-
What difficulties are involved in joining plastics? What about in joining ceramics? Explain.
-
What is a walkthrough of a sales transaction? How can the walkthrough work complement the use of an internal control questionnaire?
-
Consider a vapor condensing on a wall and forming a liquid film. Assume that locally the film thickness is related to the flow rate per unit transfer area by momentum-transfer considerations. Then...
-
A large number of firms are capable of producing chocolate- covered cockroaches. The linear, upward-sloping supply curve starts on the price axis at $ 6 per box. A few hardy consumers are willing to...
-
Exercise 5A: Produce or buy an item The company BB Inc. manufactures part X for its annual production. The following table presents information on production costs at a certain level. Production...
-
Carl and Simon are two rival pumpkin growers who sell their pumpkins at the Farmers Market in Lake Witchisit, Minnesota. They are the only sellers of pumpkins at the market, where the demand function...
-
Assume that the activity time estimates (in days) for the swimming pool construction project in Problem 11 are as follows: a. What are the critical activities? b. What is the expected time to...
-
Davison Construction Company is building a luxury lakefront home in the Finger Lakes region of New York. Coordination of the architect and subcontractors will require a major effort to meet the...
-
Can you think of circumstances where managers may welcome the opportunity to take on higher gearing?
-
Discuss good and bad strategies with the help of an example.
-
Anthropology does not focus on comparative attitudes, values, or cross-cultural analysis. True False
-
On Cartesian axes, the x-component of a vector is generally associated with a (a) cosine, (b) sine, (c) tangent, (d) none of the foregoing.
-
Which of the following is not a feature of strategic management that is contrary to other types of management? Interdisciplinarity External focus Internal focus It concerns about the present...
-
In SWOT analysis, __________ originate in the external environment and are helpful in achieving the organizational objectives. Threats Strengths Opportunities Weaknesses
-
Determine the moments and axial forces in members of the frame in Figure 13.17, using the portal method. Compare the results with those produced by the cantilever method. 30 kips C B H 25'- D E F 12'...
-
Perform the indicated operations. In designing a cam for a fire engine pump, the expression is used. Simplify this expression. (3) (3 4 32
-
Phoenix, Arizona, had a population of 1,321,045 in 2000 and 1,445,632 in 2010. Predict the population in Phoenix in 2012. Compare this calculated number with the actual 2012 population of...
-
Ocala Software Systems operates a technical support center for its software customers. If customers have installation or use problems with Ocala software products, they may telephone the technical...
-
To improve customer service, Ocala Software Systems wants to investigate the effect of using a second consultant at its technical support center. What effect would the additional consultant have on...
-
The new Fore and Aft Marina is to be located on the Ohio River near Madison, Indiana. Assume that Fore and Aft decides to build a docking facility where one boat at a time can stop for gas and...
-
On August 1, 2015, Lifters, a gym, sells 5 annual memberships for $1,500 each. What would the entry look like to record the receipt of cash as deferred revenue?
-
Lyme Incorporated issues 3,000 shares of no-par-value common stock for $20 per share. What is the correct journal entry for this transaction?
-
Unsubstantiated Expenses Your client, Randy Ross, owns a business that sells hinges, brackets, and fuses used in the manufacturing of machinery. Randy spends a large amount of time traveling to...
Study smarter with the SolutionInn App