1 2 Continued from Problem 1 for Kimpel Products, you were told that the project should be completed in 15 weeks. However, the job times used previously were just updated with the newer information. The newer information offers estimated job times in different situations (optimistic, pessimistic and most likely situations, see Table 2). 234567892: 10 What is the probability that everything will be done in 15 weeks? Show your analysis & calculations using the PERT approach. 11 Table 2 Immediate TIME ESTIMATES (WEEKS) Show your analysis and calculations. Probability 12 Job label predecessor(s) Optimistic Most likely Pessimistic 13 A 1.5 2 3 14 B 1 2 5 15 с 16 17 18 19 ABCR CDEFG 4 5 9 3 6 7 В 5 7 9 с 4 5 8 D, E 3 4 5 20 21

1 2 Continued from Problem 1 for Kimpel Products, you were told that the project should be completed in 15 weeks. However, the job times used previously were just updated with the newer information. The newer information offers estimated job times in different situations (optimistic, pessimistic and most likely situations, see Table 2). 234567892: 10 What is the probability that everything will be done in 15 weeks? Show your analysis & calculations using the PERT approach. 11 Table 2 Immediate TIME ESTIMATES (WEEKS) Show your analysis and calculations. Probability 12 Job label predecessor(s) Optimistic Most likely Pessimistic 13 A 1.5 2 3 14 B 1 2 5 15 с 16 17 18 19 ABCR CDEFG 4 5 9 3 6 7 В 5 7 9 с 4 5 8 D, E 3 4 5 20 21

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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