Given the project information in the following table, what is the probability of completing the National Holiday Toy project in 95-time units? Hint: Use the =NORM.S.DIST(z, TRUE) function in Excel to compute the probability. (Carry at least 2 decimal places in your task time and variance calculations and at least 3 decimal places in your z value calculation. Enter your final probability answer to 3 decimal places.) Acct. ID 1 2 234567 3 4 Ч 7 Description Design package Design product Build package Secure patent Build product Paint Test market Predecessor None 1 12222 3,4,5 Optimistic Most Likely Pessimistic (a) 6 15 4 24 17 4 13 The probability of completing the project in 95 time units is 2212219 27 16 (b) 24 28 10 36 47 12 19 Activity Variance Time (te) [(ba)/6]² Critical? 9 X X 13 19.83 7 28 30 7.33 16 4.69 1 4 25 1.78 1 xxx

Given the project information in the following table, what is the probability of completing the National Holiday Toy project in 95-time units? Hint: Use the =NORM.S.DIST(z, TRUE) function in Excel to compute the probability. (Carry at least 2 decimal places in your task time and variance calculations and at least 3 decimal places in your z value calculation. Enter your final probability answer to 3 decimal places.) Acct. ID 1 2 234567 3 4 Ч 7 Description Design package Design product Build package Secure patent Build product Paint Test market Predecessor None 1 12222 3,4,5 Optimistic Most Likely Pessimistic (a) 6 15 4 24 17 4 13 The probability of completing the project in 95 time units is 2212219 27 16 (b) 24 28 10 36 47 12 19 Activity Variance Time (te) [(ba)/6]² Critical? 9 X X 13 19.83 7 28 30 7.33 16 4.69 1 4 25 1.78 1 xxx

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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