The information relating to a project that you are working on is listed in the table below:ActivityPredecessor OptimisticMost likely PessimisticTimeTimeTime(Days)(Days)24(Days)4.8.10116.1224A;B1425B;C111627D;E131535F19Required:3.1 Using the PERT formula calculate the time value (t) for each activity and construct(10).the network diagram (Activity on Node).3.2 Calculate the Early Start; Late Start; Early Finish & Late Finish and slack times for(10)all activities.(5)3.3 Identify the paths and show critical path.3.5ABcDEF.

Activity time = (Optimistic + 4*Most likely + Pessimistic) / 6 Optimistic time Most…

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Practical Management Science

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ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

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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 Immediate Predecessor Optimistic Time (a) Most Likely Time (b) Pessimistic Time (c) A --- 3 5 8 B --- 2 4 7 C --- 6 8 11 D A, B 5 7 9 E B, C 3 6 10 F C 4 5 6 G E, F 7 10 12 H D 2 3 4 I E, G, H 10 13 16 J G, I, F 12 15 17 K H 8 11 14 Construct a project network. Determine the expected times and variances for each activity. Determine the critical path after you have found ES, EF, LS, LF and Slack. State the path and time the project is expected to take. What is the probability that the project would be completed within 51 days? What is the probability that the project would be completed within 55 days?
Question 3 ABC Restaurant has made a forecast for last week's operations vs Actual result of the forecast last week. Period Monday Tuesday Wednesday Thursday Friday Actual 112 110 113 120 140 Forecast 115. 1041 110 115 135 Using this table above, solve for Mean Absolute Percent Error (MAPE) Note Round up to the last 2 decimals, example 9.6568->9 66 3
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Activity Predecessor Optimistic Most likely Pessimistic Time Time Time (Days) (Days) 8. (Days) 24 A 4. B. 3 10 11 12 24 D. A;B 6. 14 25 B;C 11 16 27 D;E 13 15 35 6. 19 6. LL LFL