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The following table shows estimates of activity times (in weeks) for a project: Optimistic Time 5 1 4 5 6 2.5 7.5 Activity A B C D EF G Most Probable Time 5.5 3 5 5.5 7 3 8.5 Suppose that the critical path is A-C-D-E-G. Use Appendix A to answer the questions. Do not round intermediate calculations. Round your answe to three decimal places. a. What is the probability that the project will be completed within 34 weeks? b. What is the probability that the project will be completed within 31 weeks? c. What is the probability that the project will be completed in more than 32 weeks? d. What is the probability that the project will be completed in 33 weeks? Pessimistic Time 9 5 6 9 8 3.5 12.5

The following table shows estimates of activity times (in weeks) for a project: Optimistic Time 5 1 4 5 6 2.5 7.5 Activity A B C D EF G Most Probable Time 5.5 3 5 5.5 7 3 8.5 Suppose that the critical path is A-C-D-E-G. Use Appendix A to answer the questions. Do not round intermediate calculations. Round your answe to three decimal places. a. What is the probability that the project will be completed within 34 weeks? b. What is the probability that the project will be completed within 31 weeks? c. What is the probability that the project will be completed in more than 32 weeks? d. What is the probability that the project will be completed in 33 weeks? Pessimistic Time 9 5 6 9 8 3.5 12.5

Practical Management Science
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 table shows estimates of activity times (in weeks) for a project: Optimistic Time 5 Activity A B с D EFG 1 4 5 6 2.5 7.5 Most Probable Time 5.5 3 5 5.5 7 b. What is the probability that the project will be completed within 31 weeks? 3 8.5 Suppose that the critical path is A-C-D-E-G. Use Appendix A to answer the questions. Do not round intermediate calculations. Round your answers to three decimal places. a. What is the probability that the project will be completed within 34 weeks? d. What is the probability that the project will be completed in 33 weeks? C. What is the probability that the project will be completed in more than 32 weeks? Pessimistic Time 9 5 6 9 8 3.5 12.5
Transcribed Image Text:The following table shows estimates of activity times (in weeks) for a project: Optimistic Time 5 Activity A B с D EFG 1 4 5 6 2.5 7.5 Most Probable Time 5.5 3 5 5.5 7 b. What is the probability that the project will be completed within 31 weeks? 3 8.5 Suppose that the critical path is A-C-D-E-G. Use Appendix A to answer the questions. Do not round intermediate calculations. Round your answers to three decimal places. a. What is the probability that the project will be completed within 34 weeks? d. What is the probability that the project will be completed in 33 weeks? C. What is the probability that the project will be completed in more than 32 weeks? Pessimistic Time 9 5 6 9 8 3.5 12.5
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