Activity ABCDEFGH-35 А с Optimistic 7 5 6 1 1232 Most Likely 10 GBONGOMSTSN 10 Time Estimates (weeks) Pessimistic 12 17 10 4 2859742 12 Immediate Predecessor(s) START START START B A, C D. E D. E F.G VII H

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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Activity Optimistic
56
ABCDEFGH-K
А
7
1
8
11232
Time Estimates (weeks)
Most Likely Pessimistic
63555 N 5
10
10
24242BSAHON
12
17
10
12
Immediate Predecessor(s)
START
START
START
B
A, C
D. E
D, E
FG
HG
H
Transcribed Image Text:Activity Optimistic 56 ABCDEFGH-K А 7 1 8 11232 Time Estimates (weeks) Most Likely Pessimistic 63555 N 5 10 10 24242BSAHON 12 17 10 12 Immediate Predecessor(s) START START START B A, C D. E D, E FG HG H
The project manager of Good Public Relations gathered the data shown in the following table for a new advertising campaign.
Click the icon to view the table.
a. How long is the project likely to take? (Make sure to round all intermediate calculations for t, to two decimal places.)
The project is expected to take 36.16 weeks. (Enter your response rounded to two decimal places.)
b. What is the probability that the project will take more than 38 weeks? Refer to the standard normal table.
The probability is 1922 (Enter your response rounded to four decimal places.)
c. Consider the path A-E-G-H-J. What is the probability that this path will exceed the expected project duration? Refer to the
standard normal table,
The probability is (Enter your response rounded to four decimal places)
Transcribed Image Text:The project manager of Good Public Relations gathered the data shown in the following table for a new advertising campaign. Click the icon to view the table. a. How long is the project likely to take? (Make sure to round all intermediate calculations for t, to two decimal places.) The project is expected to take 36.16 weeks. (Enter your response rounded to two decimal places.) b. What is the probability that the project will take more than 38 weeks? Refer to the standard normal table. The probability is 1922 (Enter your response rounded to four decimal places.) c. Consider the path A-E-G-H-J. What is the probability that this path will exceed the expected project duration? Refer to the standard normal table, The probability is (Enter your response rounded to four decimal places)
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