(a) Calculate the expected duration of each activity. (b) Calculate the expected duration and variance of the critical path. (c) Calculate the probability that the project will be completed in more than 26 weeks time? How about 30 weeks?
(a) Calculate the expected duration of each activity. (b) Calculate the expected duration and variance of the critical path. (c) Calculate the probability that the project will be completed in more than 26 weeks time? How about 30 weeks?
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...
Related questions
Question
consider the network described in the table below. Time in weeks.
|
Activity |
Immediate Predecessor(s) |
Pessimistic |
Probable |
Optimistic |
|
J |
-- |
15 |
10 |
8 |
|
K |
-- |
9 |
8 |
6 |
|
L |
J |
10 |
6 |
5 |
|
M |
J |
3 |
3 |
4 |
|
N |
K,M |
9 |
5 |
2 |
|
O |
K,M |
12 |
7 |
5 |
|
P |
L,N |
10 |
8 |
3 |
(a) Calculate the expected duration of each activity.
(b) Calculate the expected duration and variance of the critical path.
(c) Calculate the probability that the project will be completed in more than 26 weeks time? How about 30 weeks?Expert Solution
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