a. What are the critical activities? If necessary, round your answers to two decimal places. If your answer is zero, enter "0". Activity Expected Time Variance A B D F G Earliest Latest Earliest Latest Critical Activity Start Start Finish Finish Slack Activity B. D E F I Critical Path: b. What is the expected time to complete the project? If necessary, round your answer to two decimal places. E(T) = days c. Based only on critical path, what is the estimated probability that the project can be completed in 25 or fewer days? Variance = If necessary, round your answers to two decimal places. Using the normal distribution, z = If necessary, round your answers to two decimal places. If negative answer is required, enter the minus sign before the number. Probability of 25 days or less is If necessary, round your answers to four decimal places. Note: Use Appendix B to identify the probability.
a. What are the critical activities? If necessary, round your answers to two decimal places. If your answer is zero, enter "0". Activity Expected Time Variance A B D F G Earliest Latest Earliest Latest Critical Activity Start Start Finish Finish Slack Activity B. D E F I Critical Path: b. What is the expected time to complete the project? If necessary, round your answer to two decimal places. E(T) = days c. Based only on critical path, what is the estimated probability that the project can be completed in 25 or fewer days? Variance = If necessary, round your answers to two decimal places. Using the normal distribution, z = If necessary, round your answers to two decimal places. If negative answer is required, enter the minus sign before the number. Probability of 25 days or less is If necessary, round your answers to four decimal places. Note: Use Appendix B to identify the probability.
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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