ACTIVITY IMMEDIATE PREDECESSOR OPTIMISTIC TIME MOST LIKELY TIME PESSIMISTIC TIME A __________ 2 3 4 B __________ 5 6 7 C __________ 5 6 7 D A 3 4 5 E A 2 3 4 F C 3 4 5 G C 9 11 16 H B, E, F 5 6 7 I F, G, H 7 11 15 J H, I, D 2 3 4 K D 3 4 5 L I, J, K 7 11 15 What is the probability that the project will be completed within 47 weeks? What completion time should the company quote in its bid for the project if it desires a 75% certainty?
ACTIVITY IMMEDIATE PREDECESSOR OPTIMISTIC TIME MOST LIKELY TIME PESSIMISTIC TIME A __________ 2 3 4 B __________ 5 6 7 C __________ 5 6 7 D A 3 4 5 E A 2 3 4 F C 3 4 5 G C 9 11 16 H B, E, F 5 6 7 I F, G, H 7 11 15 J H, I, D 2 3 4 K D 3 4 5 L I, J, K 7 11 15 What is the probability that the project will be completed within 47 weeks? What completion time should the company quote in its bid for the project if it desires a 75% certainty?
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
ACTIVITY |
IMMEDIATE PREDECESSOR |
OPTIMISTIC TIME |
MOST LIKELY TIME |
PESSIMISTIC TIME |
A |
__________ |
2 |
3 |
4 |
B |
__________ |
5 |
6 |
7 |
C |
__________ |
5 |
6 |
7 |
D |
A |
3 |
4 |
5 |
E |
A |
2 |
3 |
4 |
F |
C |
3 |
4 |
5 |
G |
C |
9 |
11 |
16 |
H |
B, E, F |
5 |
6 |
7 |
I |
F, G, H |
7 |
11 |
15 |
J |
H, I, D |
2 |
3 |
4 |
K |
D |
3 |
4 |
5 |
L |
I, J, K |
7 |
11 |
15 |
- What is the probability that the project will be completed within 47 weeks?
- What completion time should the company quote in its bid for the project if it desires a 75% certainty?
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