Homework Help is Here – Start Your Trial Now!
Business
Operations Management
12:23 Ill 5G Problem 1 The following table gives expected times and variances for a probabilistic duration type of project (we are not given and we don't need the optimistic, most likely, and pessimistic time estimates). Activity Expected Time Variance A 4 0.44 B 3 0.69 C 7 2.25 D 11 2.25 E 4 0.11 F 9 1.36 G 6 0.44 H 6 0.69 I 7 1.36 J 13 1.00 K 3 0.44 Sho Question 4 What is the expected time and variance for completing this critical path? Expected time? Variance? Edit View Insert Format Tools Table I U UA2v/ :

12:23 Ill 5G Problem 1 The following table gives expected times and variances for a probabilistic duration type of project (we are not given and we don't need the optimistic, most likely, and pessimistic time estimates). Activity Expected Time Variance A 4 0.44 B 3 0.69 C 7 2.25 D 11 2.25 E 4 0.11 F 9 1.36 G 6 0.44 H 6 0.69 I 7 1.36 J 13 1.00 K 3 0.44 Sho Question 4 What is the expected time and variance for completing this critical path? Expected time? Variance? Edit View Insert Format Tools Table I U UA2v/ :

Practical Management Science
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...
See similar textbooks
icon
Related questions
Question
Answer the following question
12:23 Ill 5G Problem 1 The following table gives expected times and variances for a probabilistic duration type of project (we are not given and we don't need the optimistic, most likely, and pessimistic time estimates). Activity Expected Time Variance A 4 0.44 B 3 0.69 C 7 2.25 D 11 2.25 E 4 0.11 F 9 1.36 G 6 0.44 H 6 0.69 I 7 1.36 J 13 1.00 K 3 0.44
Transcribed Image Text:12:23 Ill 5G Problem 1 The following table gives expected times and variances for a probabilistic duration type of project (we are not given and we don't need the optimistic, most likely, and pessimistic time estimates). Activity Expected Time Variance A 4 0.44 B 3 0.69 C 7 2.25 D 11 2.25 E 4 0.11 F 9 1.36 G 6 0.44 H 6 0.69 I 7 1.36 J 13 1.00 K 3 0.44
Sho Question 4 What is the expected time and variance for completing this critical path? Expected time? Variance? Edit View Insert Format Tools Table I U UA2v/ :
Transcribed Image Text:Sho Question 4 What is the expected time and variance for completing this critical path? Expected time? Variance? Edit View Insert Format Tools Table I U UA2v/ :
Expert Solution
steps

Step by step

Solved in 2 steps

SEE SOLUTIONCheck out a sample Q&A here
Blurred answer
Recommended textbooks for you
Practical Management Science
Practical Management Science
Operations Management
ISBN:
9781337406659
Author:
WINSTON, Wayne L.
Publisher:
Cengage,
Operations Management
Operations Management
Operations Management
ISBN:
9781259667473
Author:
William J Stevenson
Publisher:
McGraw-Hill Education
Operations and Supply Chain Management (Mcgraw-hi…
Operations and Supply Chain Management (Mcgraw-hi…
Operations Management
ISBN:
9781259666100
Author:
F. Robert Jacobs, Richard B Chase
Publisher:
McGraw-Hill Education
Business in Action
Business in Action
Operations Management
ISBN:
9780135198100
Author:
BOVEE
Publisher:
PEARSON CO
Purchasing and Supply Chain Management
Purchasing and Supply Chain Management
Operations Management
ISBN:
9781285869681
Author:
Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
Publisher:
Cengage Learning
Production and Operations Analysis, Seventh Editi…
Production and Operations Analysis, Seventh Editi…
Operations Management
ISBN:
9781478623069
Author:
Steven Nahmias, Tava Lennon Olsen
Publisher:
Waveland Press, Inc.
SEE MORE TEXTBOOKS