• Draw the Network diagram. • Calculate expected time and variance for each activity. • Find the critical path. • Calculate the total project completion time. Find project variance.

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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2. Consider the following project:
Immediate Optimistic Most Probable Pessimistic
(days)
Predecessor
(days)
(days)
Activity
A
1
1
В
A
4
6.
8
C
A
2
4
6
В, С
1
2
3
E
В
3
4
F
A
1
G
D
1
3
G
2
3
I
Е, Н, F
1
1
1
• Draw the Network diagram.
• Calculate expected time and variance for each activity.
• Find the critical path.
• Calculate the total project completion time.
• Find project variance.
Transcribed Image Text:2. Consider the following project: Immediate Optimistic Most Probable Pessimistic (days) Predecessor (days) (days) Activity A 1 1 В A 4 6. 8 C A 2 4 6 В, С 1 2 3 E В 3 4 F A 1 G D 1 3 G 2 3 I Е, Н, F 1 1 1 • Draw the Network diagram. • Calculate expected time and variance for each activity. • Find the critical path. • Calculate the total project completion time. • Find project variance.
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