b. The probability that the project will require more than 49 weeks. (Round intermediate calculations and final answer to 4 decimal places.) P(T 2 49 week) c. The probability that the project can be completed in 46 weeks or less. (Round intermediate calculations and final answer to 4 decimal places.) P(T s 46 week)
b. The probability that the project will require more than 49 weeks. (Round intermediate calculations and final answer to 4 decimal places.) P(T 2 49 week) c. The probability that the project can be completed in 46 weeks or less. (Round intermediate calculations and final answer to 4 decimal places.) P(T s 46 week)
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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Transcribed Image Text:b. The probability that the project will require more than 49 weeks. (Round intermediate calculations and final answer to 4 decimal
places.)
P(T > 49 week)
c. The probability that the project can be completed in 46 weeks or less. (Round intermediate calculations and final answer to 4
decimal places.)
P(T s 46 week)

Transcribed Image Text:The following precedence diagram reflects three time estimates for each activity. Determine:
Use Table B1 and Table B2.
9-10-12
3
8
5-7-10
8-10-14
11-12-13
6.
11
14-18-26
10.5-13-15.5
10
8-8-8
5-6-7
13-13-13
7
7-10-12
9.
a. The expected completion time for each path and its variance. (Round intermediate calculations to 4 decimal places and final
answers to 2 decimal places.)
Path
Mean
Var.
Std. Dev.
1-2-3-8-11
1-2-4-6-11
1-2-4-7-11
1-2-5-9-10-11
9-99
10-11-12
10-12-14
2.
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