The following represents a project that should be scheduled using CPM:ACTIVITYABCDEFGHАсIMMEDIATEPREDECESSORSIAABUDRC,DD,EF,GTIMES (DAYS)ba113-NTTTTE11112m5WaNNASNU2542263∞∞NWO3770910128 c. What is the expected project completion time?Note: Do not round intermediate calculations. Round your answer to 3 decimal places.Project completion timedaysd. What is the probability of completing this project within 20 days?Note: Use Excel's NORM.S.DIST function to find the correct probability for your computed Z value. Do not round intermediatecalculations. Round Z value to 2 decimal places and final answer to 4 decimal places.Probability

ActivityImmediate predecessorsTime (days)(a)(m)(b)A-159B-123CA357DA1410EB123FC, D1212GD, E168HF,…

Answered: c. What is the expected project…

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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What is the minimum cost of crashing the following project that Roger Solano manages at Slippery Rock University by 4 days? Crash Normal Activity Time (days) Time (days) Normal Cost A 5 4 B 9 7 C 6 5 D 7 5 E 7 4 Total Cost with Crashing Immediate Predecessor(s) $800 $300 $600 $750 $1,200 By how many days should each activity be crashed to reduce the project completion time by 4 days? Fill in the table below. (Enter your responses as whole numbers.) Each Activity Should be Reduced BY (days) Activity A B C D E $1,100 $400 $650 $1,500 $1,650 | | | < 0
A) What is the variance activity B? 2 decimal places B) What is the variance of activity F? 2 decimal places C) what is the probability the project can be completed? 4 decimals places only D) what is the probability the project will be 3 weeks late from the expected completion time ? 4 decimal places only.
Decision Table Exercises. An insurance company is going to send a mail to potential customers. The content of the mail is about the current level of discounting and potential level of discounting. The content is different for different types of customers. All customers get a normal letter except Customer Type C, who get a special letter. A customer Type A with only one car gets both letters (normal and special). Any customer with 2 or more Cars or with crdit rating of "X" get a special paragraph added with an offer to subscribe to another level of discounting. Draw a Decision table for the insurance company's mail
Consider the office renovation project data in Table 7.16. A“zero” time estimate means that the activity could take a verysmall amount of time and should be treated as a numericzero in the analysis.a. Based on the critical path, find the probability ofcompleting the office renovation project by 39 days.b. Find the date by which you would be 90 percent sure ofcompleting the project.
B indicate critical path C what is expected completion for the project? D what is the probability that the project will take more than 30 days to complete?
4. Using a discounted rate of 12 percent, INITIAL COST NET CASH FLOW YEAR 1 YEAR 2 YEAR 3 YEAR 4 YEAR 5 PROJECT A (BROILER) K100,000 (20,000) 10,000 40.000 40.000 150.000 PROJECT B (LAYERS) K100,000 33,000 33,000 33,000 33,000 33,000 a. Determine the net present value of project A and B b. Calculate the IRR on mutually exclusive investment of project A and B. C. Which project must the farm undertake and why?
Evaluate the below statement according to the project management terminologies and choose the correct answer: It is the process of making a forecast or precise approximation Choose... of time and cost associated with a work package or activity. Graphically describes a project consisting of well-defined Choose.. activities, the completion of which marks its end. One of the Perform Quantitative Risk Analysis process has a Choose.. Tools and Techniques. Useful for building accountability through assigning specific Choose.. tasks to team members. It is the standard format each path through the network must be continuous with no gaps, discontinuities, or dangling Choose... activities. Organizational Assets, Project Scope Statement, Cost Management Plan and Schedule Management Plan are inputs Choose.. of: Choose... Work Breakdown Structure Expert Judgment Bar chart Estimating A horizontal diagram format Plan Risk Management
Activity Normal_time Crash_time Normal_cost Crash_cost Slack A 31 17 4800 6200 В 14 14 5500 5500 C 34 18 5100 6600 21 17 4500 6800 E 15 15 5300 5300 F 17 17 5300 5300 The table shows normal time, crash time, normal cost, crash cost and slack time of activities in a project. According to this table which activity must be crashed first? Assume there is only one critical path. (Only type the name of the activity, Example: A. @orsdemir. Copyrighted content. Cannot be posted.) 0ㅇ11 2 0
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Can i get help with the question below please and thank you 16) This could be a rover, probe/satellite, manned mission, telescope, etc. This mission must be accomplished using technology that is available today (no Warp or Epstein drives) and must be accomplished within your lifetime. Your mission will not be a copy of a real mission. Constraints: ▪ Answer using the underlined subheadings at each point below (Mission Objective, Target, Instrumentation), marks will be deducted for poorly organized answers. ▪ You target must be reachable by whatever you are sending within a human lifetime (~75 years), it would be nice to visit Gliese 581c, but it is 20 light years from Earth so for now it is unreachable. What this means is that you are constrained to our solar system except for telescopes that peer into the universe or a probe getting to interstellar space. ▪ If your mission includes sending humans, then we need to estimate a reasonable limit on how far we can send humans. For our…
Consider the office renovation project data in the following table. A "zero" time estimate means that the activity could take a very small amount of time and should be treated as a numeric zero in the analysis. a. Based on the critical path, find the probability of completing the office renovation project by 39 days. Refer to the standard normal table (Make sure to round all intermediate calculations for te and variance to two decimal places.) The probability is
The following information relates to a project (task times are in weeks). Use the information to solve for the critical path and then to determine the probability that the project could be completed within 36 weeks. Task A B C D E F Preceding Tasks to 4 4 2 None A B D, E tm 6 7 7 8 13 9 8 0 W CON 6 tp 8 10 12 18 15 10 Click the icon to view the table of standard normal probabilities. The probability that the project is completed within 36 weeks is. (Enter your response rounded to four decimal places.)

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