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d. Calculate the probability that the job will take less than 26 weeks.

d. Calculate the probability that the job will take less than 26 weeks.

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...
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Problem 1 The following data represent the plan of a project in Magic Corporation: Times (weeks) Activity A B C D DEF H 1 J Predecessor A A A B, C D E, F G G H, I a 4 2 2 1 3 4 1 1 3 1 m 5 4 4 WSST 5 4 5 3 8 42 b 12 12 6 9 565 6 9 11 3
Transcribed Image Text:Problem 1 The following data represent the plan of a project in Magic Corporation: Times (weeks) Activity A B C D DEF H 1 J Predecessor A A A B, C D E, F G G H, I a 4 2 2 1 3 4 1 1 3 1 m 5 4 4 WSST 5 4 5 3 8 42 b 12 12 6 9 565 6 9 11 3
d. Calculate the probability that the job will take less than 26 weeks.
Transcribed Image Text:d. Calculate the probability that the job will take less than 26 weeks.
Expert Solution
Step 1: Define Critical path method:-

A network diagram simply demonstrate the connection between several tasks and the time taken required for each activity. Each activity is shown with the nodes that are connected to each other with the help of arrows. CPM helps project managers create a detailed project schedule, estimate project duration, and allocate resources effectively.

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