a) Calculate the expected time and variance for each activity. b) What is the expected completion time of the critical path? What is the expected completion time of the other path in the network? c) What is the variance of the critical path? What is the variance of the other path in the network? d) If the time to complete path A-C is normally distributed, what is the probability that this path will be finished in 22 weeks or less? e) If the time to complete path B-D is normally distributed, what is the probability that this path will be finished in 22 weeks or less? L Explain why the probability that the critical path will be finished in 22 weeks or less is not necessarily the probability that the project will be finished in 22 weeks or less. NOTE: ANSWER THE LETTERS C-F ONLY.
a) Calculate the expected time and variance for each activity. b) What is the expected completion time of the critical path? What is the expected completion time of the other path in the network? c) What is the variance of the critical path? What is the variance of the other path in the network? d) If the time to complete path A-C is normally distributed, what is the probability that this path will be finished in 22 weeks or less? e) If the time to complete path B-D is normally distributed, what is the probability that this path will be finished in 22 weeks or less? L Explain why the probability that the critical path will be finished in 22 weeks or less is not necessarily the probability that the project will be finished in 22 weeks or less. NOTE: ANSWER THE LETTERS C-F ONLY.
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

Transcribed Image Text:3.20 The estimated times and immediate predecessors for the activities in a project at George Kygatiss
retinal scanning company are given in the following table. Assume that the activaity times are
independent.
TIME (WEEKS)
IMMEDIATE
ACTIVITY PREDECESSOR
a
m
A
10
11
4
10
16
A
10
11
D
B
5
8
11
a) Calculate the expected time and variance for each activity.
b) What is the expected completion time of the critical path? What is the expected completion
the other path in the network?
of
c) What is the variance of the critical path? What is the variance of the other path in the network?
d) If the time to complete path A-C is normally distributed, what is the probability that this path will be
finished in 22 weeks or less?
e) If the time to complete path B-D is normally distributed, what is the probability that this path will be
finished in 22 weeks or less?
L Explain why the probability that the critical path will be finished in 22 weeks or less is not necessarily
the probability that the project will be finished in 22 weeks or less.
NOTE: ANSWER THE LETTERS C-F ONLY.
Expert Solution

This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 2 steps with 1 images

Recommended textbooks for you

Practical Management Science
Operations Management
ISBN:
9781337406659
Author:
WINSTON, Wayne L.
Publisher:
Cengage,

Operations Management
Operations Management
ISBN:
9781259667473
Author:
William J Stevenson
Publisher:
McGraw-Hill Education

Operations and Supply Chain Management (Mcgraw-hi…
Operations Management
ISBN:
9781259666100
Author:
F. Robert Jacobs, Richard B Chase
Publisher:
McGraw-Hill Education

Practical Management Science
Operations Management
ISBN:
9781337406659
Author:
WINSTON, Wayne L.
Publisher:
Cengage,

Operations Management
Operations Management
ISBN:
9781259667473
Author:
William J Stevenson
Publisher:
McGraw-Hill Education

Operations and Supply Chain Management (Mcgraw-hi…
Operations Management
ISBN:
9781259666100
Author:
F. Robert Jacobs, Richard B Chase
Publisher:
McGraw-Hill Education


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…
Operations Management
ISBN:
9781478623069
Author:
Steven Nahmias, Tava Lennon Olsen
Publisher:
Waveland Press, Inc.