Problem 2: Given the following Time Chart and Network Diagram, find the Critical Path. Activity A 1=3 ☐ t Variance 3 1/9 2 1/9 63 ༠ ༦ ༠ ༠ ༠ ༠ 1 b 4 12 E325 32 Activity a m A 2 B 1 C 4 D E 1 Activity C 1=6 Activity B 1=2 16/9 4/9 2 1/9 19 Activity E 12 Activity D t=3 Problem 3: What is the variance in completion time for the critical path found in Problem 2? Problem 4: A project has an expected completion time of 40 weeks and a standard deviation of 5 weeks. It is assumed that the project completion time is normally distributed. (a) What is the probability of finishing the project in 50 weeks or less? (b) What is the probability of finishing the project in 38 weeks or less? (c) The due date for the project is set so that there is a 90% chance that the project will be finished by this date. What is the date?

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter6: Optimization Models With Integer Variables
Section: Chapter Questions
Problem 100P
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Answer all parts to question 4 and show all working

Problem 2:
Given the following Time Chart and Network Diagram, find the Critical Path.
Activity A
1=3
☐
t
Variance
3
1/9
2
1/9
63
༠ ༦ ༠ ༠ ༠ ༠
1 b
4
12
E325 32
Activity
a
m
A
2
B
1
C
4
D
E
1
Activity C
1=6
Activity B
1=2
16/9
4/9
2
1/9
19
Activity E
12
Activity D
t=3
Problem 3:
What is the variance in completion time for the critical path found in Problem 2?
Problem 4:
A project has an expected completion time of 40 weeks and a standard deviation of 5
weeks. It is assumed that the project completion time is normally distributed.
(a) What is the probability of finishing the project in 50 weeks or less?
(b) What is the probability of finishing the project in 38 weeks or less?
(c) The due date for the project is set so that there is a 90% chance that the project will
be finished by this date. What is the date?
Transcribed Image Text:Problem 2: Given the following Time Chart and Network Diagram, find the Critical Path. Activity A 1=3 ☐ t Variance 3 1/9 2 1/9 63 ༠ ༦ ༠ ༠ ༠ ༠ 1 b 4 12 E325 32 Activity a m A 2 B 1 C 4 D E 1 Activity C 1=6 Activity B 1=2 16/9 4/9 2 1/9 19 Activity E 12 Activity D t=3 Problem 3: What is the variance in completion time for the critical path found in Problem 2? Problem 4: A project has an expected completion time of 40 weeks and a standard deviation of 5 weeks. It is assumed that the project completion time is normally distributed. (a) What is the probability of finishing the project in 50 weeks or less? (b) What is the probability of finishing the project in 38 weeks or less? (c) The due date for the project is set so that there is a 90% chance that the project will be finished by this date. What is the date?
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