QUESTION 1 Activity LP A B C D AUS BO Time (Days) 3-6 2514 44 17 AB339 CP3 6 15 DO Exp. Time Variance 6 4.000 4 1.000 2 0111 4 1.000 7 4.000 7 CO Question 1 Using the tical path, what is the probability that the project will be completed in 20 days or moe0 Question 2 Uwing the cal path, what is the probability that the project will be completed in 11 days or less
QUESTION 1 Activity LP A B C D AUS BO Time (Days) 3-6 2514 44 17 AB339 CP3 6 15 DO Exp. Time Variance 6 4.000 4 1.000 2 0111 4 1.000 7 4.000 7 CO Question 1 Using the tical path, what is the probability that the project will be completed in 20 days or moe0 Question 2 Uwing the cal path, what is the probability that the project will be completed in 11 days or less
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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Question

Transcribed Image Text:QUESTION 1
Activity LP.
A
B
C
D
LE
A (6)
B(0)
Time (Days)
30 b
25 14
14 7
3
AB 3 39
C.D 31 6 15
DO
Exp. Time Variance.
4.000
1.000
6
4
2
4
50
7
0.111
1.000
4.000
CO
Question 1 Using t critical path, what is the probability that the project will be completed in 20 days or more 0
Question 2 Using the critical path, what is the probability that the project will be completed in 11 days or less?
Question 3. What is the expected completion time for this project?
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