Homework Help is Here – Start Your Trial Now!
Business
Operations Management
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. Click the icon to view the table. a. Based on the critical path, find the probability of completing the office renovation project by 40 days. Refer to the standard normal table. (Make sure to round all intermediate calculations for to and variance to two decimal places.) The probability is. (Enter your response rounded to four decimal places.) b. Find the date by which you would be 80 percent sure of completing the project. Refer to the standard normal table. One is 80 percent sure the project will be complete in days. (Enter your response rounded up to the next whole number.) Data table Activity START A B с D E G H I J K L FINISH Optimistic 0 7 0 15 3 2 6 0 0 2 2 0 1 0 Time Estimates (days) Most Likely 0 10 1 20 5 3 10 2 2 2 3 1 2 0 Print Pessimisitic 0 14 2 30 8 4 12 3 5 2 5 2 3 0 Done Immediate Predecessor(s) START A A D D G C, G I H J, K E, F, L X

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. Click the icon to view the table. a. Based on the critical path, find the probability of completing the office renovation project by 40 days. Refer to the standard normal table. (Make sure to round all intermediate calculations for to and variance to two decimal places.) The probability is. (Enter your response rounded to four decimal places.) b. Find the date by which you would be 80 percent sure of completing the project. Refer to the standard normal table. One is 80 percent sure the project will be complete in days. (Enter your response rounded up to the next whole number.) Data table Activity START A B с D E G H I J K L FINISH Optimistic 0 7 0 15 3 2 6 0 0 2 2 0 1 0 Time Estimates (days) Most Likely 0 10 1 20 5 3 10 2 2 2 3 1 2 0 Print Pessimisitic 0 14 2 30 8 4 12 3 5 2 5 2 3 0 Done Immediate Predecessor(s) START A A D D G C, G I H J, K E, F, L X

Practical Management Science
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...
See similar textbooks
icon
Related questions
Question
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. Click the icon to view the table. a. Based on the critical path, find the probability of completing the office renovation project by 40 days. Refer to the standard normal table. (Make sure to round all intermediate calculations for to and variance to two decimal places.) The probability is (Enter your response rounded to four decimal places.) b. Find the date by which you would be 80 percent sure of completing the project. Refer to the standard normal table. One is 80 percent sure the project will be complete in days. (Enter your response rounded up to the next whole number.) Data table Activity START ABCD E F G H - XL NOOON NOTO J K Optimistic 0 7 0 15 FINISH 3 2 6 0 2 2 0 1 0 Time Estimates (days) Most Likely 0 10 ON - w ~ ~No WO-8 20 10 Print Pessimisitic 0 OWN ON Or W Ñ A ∞ W NO 14 30 12 Done Immediate Predecessor(s) START A ABDCDG А C, G I H J, K E, F, L X
Transcribed Image Text: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. Click the icon to view the table. a. Based on the critical path, find the probability of completing the office renovation project by 40 days. Refer to the standard normal table. (Make sure to round all intermediate calculations for to and variance to two decimal places.) The probability is (Enter your response rounded to four decimal places.) b. Find the date by which you would be 80 percent sure of completing the project. Refer to the standard normal table. One is 80 percent sure the project will be complete in days. (Enter your response rounded up to the next whole number.) Data table Activity START ABCD E F G H - XL NOOON NOTO J K Optimistic 0 7 0 15 FINISH 3 2 6 0 2 2 0 1 0 Time Estimates (days) Most Likely 0 10 ON - w ~ ~No WO-8 20 10 Print Pessimisitic 0 OWN ON Or W Ñ A ∞ W NO 14 30 12 Done Immediate Predecessor(s) START A ABDCDG А C, G I H J, K E, F, L X
Expert Solution
steps

Step by step

Solved in 5 steps with 9 images

SEE SOLUTIONCheck out a sample Q&A here
Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Practical Management Science
Practical Management Science
Operations Management
ISBN:
9781337406659
Author:
WINSTON, Wayne L.
Publisher:
Cengage,
Operations Management
Operations Management
Operations Management
ISBN:
9781259667473
Author:
William J Stevenson
Publisher:
McGraw-Hill Education
Operations and Supply Chain Management (Mcgraw-hi…
Operations and Supply Chain Management (Mcgraw-hi…
Operations Management
ISBN:
9781259666100
Author:
F. Robert Jacobs, Richard B Chase
Publisher:
McGraw-Hill Education
Business in Action
Business in Action
Operations Management
ISBN:
9780135198100
Author:
BOVEE
Publisher:
PEARSON CO
Purchasing and Supply Chain Management
Purchasing and Supply Chain Management
Operations Management
ISBN:
9781285869681
Author:
Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
Publisher:
Cengage Learning
Production and Operations Analysis, Seventh Editi…
Production and Operations Analysis, Seventh Editi…
Operations Management
ISBN:
9781478623069
Author:
Steven Nahmias, Tava Lennon Olsen
Publisher:
Waveland Press, Inc.
SEE MORE TEXTBOOKS