The following precedence diagram reflects three time estimates for each activity. Determine: Use Table B1 and Table B2. 9-10-12 3 8 5-7-10 11-12-13 8-10-14 11 8-8-8 14-18-26 10.5-13-15.5 10 1 5-6-7 2 13-13-13-1) 4 7-10-12 5 a. The expected completion time for each path and its variance. (Round intermediate calculations to 4 decimal places and final answers to 2 decimal places.) Path Mean Var. Std. Dev. 1-2-3-8-11 37.33 1-2-4-6-11 43.00 5.11 1-2-4-7-11 0.81 1-2-5-9-10-11 46.83 1.25 9-99 10-11-12 -( 10-12-14

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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The following precedence diagram reflects three time estimates for each activity. Determine:
Use Table B1 and Table B2.
9-10-12
3
8
5-7-10
8-10-14
11-12-13
6
11
14-18-26
10.5-13-15.5
10
8-8-8
1
5-6-7
2
4
13-13-13
7
7-10-12
a. The expected completion time for each path and its variance. (Round intermediate calculations to 4 decimal places and final
answers to 2 decimal places.)
Path
Mean
Var.
Std. Dev.
1-2-3-8-11
37.33
1-2-4-6-11
43.00
5.11
1-2-4-7-11
0.81
1-2-5-9-10-11
46.83
1.25
9-9-9
10-11-12
10-12-14
Transcribed Image Text:The following precedence diagram reflects three time estimates for each activity. Determine: Use Table B1 and Table B2. 9-10-12 3 8 5-7-10 8-10-14 11-12-13 6 11 14-18-26 10.5-13-15.5 10 8-8-8 1 5-6-7 2 4 13-13-13 7 7-10-12 a. The expected completion time for each path and its variance. (Round intermediate calculations to 4 decimal places and final answers to 2 decimal places.) Path Mean Var. Std. Dev. 1-2-3-8-11 37.33 1-2-4-6-11 43.00 5.11 1-2-4-7-11 0.81 1-2-5-9-10-11 46.83 1.25 9-9-9 10-11-12 10-12-14
b. The probability that the project will require more than 49 weeks. (Round intermediate calculations and final answer to 4 decimal
places.)
P(T 2 49 week)
c. The probability that the project can be completed in 46 weeks or less. (Round intermediate calculations and final answer to 4
decimal places.)
P(T S 46 week)
Transcribed Image Text:b. The probability that the project will require more than 49 weeks. (Round intermediate calculations and final answer to 4 decimal places.) P(T 2 49 week) c. The probability that the project can be completed in 46 weeks or less. (Round intermediate calculations and final answer to 4 decimal places.) P(T S 46 week)
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