Management Decision Systems (MDS) is a consulting company that specializes in the development of decision support systems. MDS has a four-person team working on a current project with a small company to set up a system that scrape data from a collection of websites and then automatically generates a report for management on a daily basis. Activity A B с Description Report generation. Web scraping Immediate Predecessor A, B Optimistic Most Probable Pessimistic 2 Testing (a) Construct the project network. (Submit a file with a maximum size of 1 MB.) Choose File no file selected This answer has not been graded yet. (d) Should you use the estimate in (b) or (c)? 4 Time (Weeks) 1 8 9 1 12 11 (b) Based solely on the critical path, estimate the probability that the project will be complete within 11 weeks. (Round your answer to four decimal places.) The probability estimate from (b) based on the critical path is more accurate. The probability estimate from (c) based on both paths is more accurate. The probability estimates from (b) and (c) are equal. 1 (c) Using all paths through the project network, estimate the probability that the project will be complete within 11 weeks. (Round your answer to four decimal places.)

A First Course in Probability (10th Edition)
10th Edition
ISBN:9780134753119
Author:Sheldon Ross
Publisher:Sheldon Ross
Chapter1: Combinatorial Analysis
Section: Chapter Questions
Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...
icon
Related questions
Question

A1

Management Decision Systems (MDS) is a consulting company that specializes in the development of decision support systems. MDS has a four-person team working on a current project with a small company to set up a system that scrapes
data from a collection of websites and then automatically generates a report for management on a daily basis.
Activity
A
B
с
Description
Report generation
Web scraping
Testing
Immediate
Predecessor
A, B
Optimistic
2
4
1
Time (Weeks)
Most Probable
(a) Construct the project network. (Submit a file with a maximum size of 1 MB.)
Choose File no file selected
This answer has not been graded yet.
8
9
1
Pessimistic
12
(d) Should you use the estimate in (b) or (c)?
o The probability estimate from (b) based on the critical path is more accurate.
o The probability estimate from (c) based on both paths is more accurate.
o The probability estimates from (b) and (c) are equal.
11
1
(b) Based solely on the critical path, estimate the probability that the project will be complete within 11 weeks. (Round your answer to four decimal places.)
(c) Using all paths through the project network, estimate the probability that the project will be complete within 11 weeks. (Round your answer to four decimal places.)
Transcribed Image Text:Management Decision Systems (MDS) is a consulting company that specializes in the development of decision support systems. MDS has a four-person team working on a current project with a small company to set up a system that scrapes data from a collection of websites and then automatically generates a report for management on a daily basis. Activity A B с Description Report generation Web scraping Testing Immediate Predecessor A, B Optimistic 2 4 1 Time (Weeks) Most Probable (a) Construct the project network. (Submit a file with a maximum size of 1 MB.) Choose File no file selected This answer has not been graded yet. 8 9 1 Pessimistic 12 (d) Should you use the estimate in (b) or (c)? o The probability estimate from (b) based on the critical path is more accurate. o The probability estimate from (c) based on both paths is more accurate. o The probability estimates from (b) and (c) are equal. 11 1 (b) Based solely on the critical path, estimate the probability that the project will be complete within 11 weeks. (Round your answer to four decimal places.) (c) Using all paths through the project network, estimate the probability that the project will be complete within 11 weeks. (Round your answer to four decimal places.)
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 3 steps with 6 images

Blurred answer
Recommended textbooks for you
A First Course in Probability (10th Edition)
A First Course in Probability (10th Edition)
Probability
ISBN:
9780134753119
Author:
Sheldon Ross
Publisher:
PEARSON
A First Course in Probability
A First Course in Probability
Probability
ISBN:
9780321794772
Author:
Sheldon Ross
Publisher:
PEARSON