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. Time (Weeks) Immediate Predecessor Optimistic Most Probable Activity Description Pessimistic A Report generation 2 13 B Web scraping 10 12 Testing A, B 1 (a) Construct the project network. (Submit a file with a maximum size of 1 MB.) Choose File No file chosen This answer has not been graded yet. (b) Based solely on the critical path, estimate the probability that the project will be complete within 12 weeks. (You may need to use the appropriate technology answer to four decimal places.) answer this question. Round your (c) Using all paths through the project network, estimate the probability that the project will be complete within 12 weeks. (You may need to use the appropriate technology to answer this question. Round your answer to four decimal places.) (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.
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. Time (Weeks) Immediate Predecessor Optimistic Most Probable Activity Description Pessimistic A Report generation 2 13 B Web scraping 10 12 Testing A, B 1 (a) Construct the project network. (Submit a file with a maximum size of 1 MB.) Choose File No file chosen This answer has not been graded yet. (b) Based solely on the critical path, estimate the probability that the project will be complete within 12 weeks. (You may need to use the appropriate technology answer to four decimal places.) answer this question. Round your (c) Using all paths through the project network, estimate the probability that the project will be complete within 12 weeks. (You may need to use the appropriate technology to answer this question. Round your answer to four decimal places.) (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.
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...
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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.
Time (Weeks)
Immediate
Predecessor
Activity
Description
Optimistic
Most Probable
Pessimistic
Report generation
9
2
13
B
Web scraping
10
12
Testing
A, B
1
1
1
(a) Construct the project network. (Submit a file with a maximum size of 1 MB.)
Choose File No file chosen
This answer has not been graded yet.
(b) Based solely on the critical path, estimate the probability that the project will be complete within 12 weeks. (You may need to use the appropriate technology to answer this question. 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 12 weeks. (You may need to use the appropriate technology to answer this question.
Round your answer to four decimal places.)
(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.
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