QUESTION 3Consider the following PERT Network. Each Activity has 3 times - the optimistic, the most likely,and the pessimistic time.A 5,6,7C 5,7,10B 6,8,10D 3,6,9The Standard Deviation of the critical path isE 4,6,9G 6,8,10F 4,7,9H 2,4,6I 5,6,7

A network diagram shows the sequence of the task that is done to complete a project. It usually…

Answered: The Standard Deviation of the critical…

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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Ha Beyonce has started a new musical service automating the release of her key venture. Other pop stars are interested in how it works. Beyonce has asked you to analyze it from a project management angle, addressing the questions below. B(3) D(5) F(4) A(7) (G(5) C(4) (E(2) a. Find the critical path. O A-B-D-F-G O A-B-D-E-G O A-C-D-E-G O A-C-D-F-G BTS provided the following table with information you need to solve this problem. Note: times are shown in days ACTIVITY NORMAL TIME CRASH TIME NORMAL COST CRASH COST 6. ם00 ,$7 5,000 9,000 3,000 2,000 $ 8,000 7,000 10,200 4,500 4 D 4 E 3,000 F 2 4,000 5,000 7,000 8,000 4
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Case Study: Apple is famous for its attractive and highly prized electronics, including iPhones, Mac computers and laptops, and iPad tablets. However, Apple doesn’t actually make any of its products. Rather, it develops ideas, designs devices, and promotes the products and its brand. To put the devices together, Apple relies on a set of contractors. One key contractor is an electronics firm called Foxconn, based in Taiwan. With factories located in China, Foxconn has combined manufacturing expertise with low-cost labor to win deals to make computers and key components such as motherboards. As consumers have slowed their spending on laptop computers in favor of smaller devices such as the iPad tablet computer and smartphones, Foxconn has benefited. Until recently, it was the only company making Apple’s iPad and one of just two makers of Apple’s iPhone. Workers at Foxconn facilities also produce the Sony PlayStation 3, the Nintendo Wii, and Amazon’s Kindle Fire. Foxconn also produces TVs…
We have been operating our mobile food truck business now for 30 days at the Harvard University campus.Our daily sales and number of customers are increasing at a constant rate. Our problem is that we do not know if our customers are happy with the quality and variety of the food, the level of pricing, or the courtesy of our staff. Task: You will design a four-to-five open questions survey that we could pose to our prospects to solve our problem. note: make 4 to 5 open questions to gather enough informations
Consider the office renovation project data in the following table. A "zero" time estimate means that the activity could take a very small amount of time and should be treated as a numeric zero in the analysis. a. Based on the critical path, find the probability of completing the office renovation project by 39 days. Refer to the standard normal table (Make sure to round all intermediate calculations for te and variance to two decimal places.) The probability is
Case Study: Apple is famous for its attractive and highly prized electronics, including iPhones, Mac computers and laptops, and iPad tablets. However, Apple doesn’t actually make any of its products. Rather, it develops ideas, designs devices, and promotes the products and its brand. To put the devices together, Apple relies on a set of contractors. One key contractor is an electronics firm called Foxconn, based in Taiwan. With factories located in China, Foxconn has combined manufacturing expertise with low-cost labor to win deals to make computers and key components such as motherboards. As consumers have slowed their spending on laptop computers in favor of smaller devices such as the iPad tablet computer and smartphones, Foxconn has benefited. Until recently, it was the only company making Apple’s iPad and one of just two makers of Apple’s iPhone. Workers at Foxconn facilities also produce the Sony PlayStation 3, the Nintendo Wii, and Amazon’s Kindle Fire. Foxconn also produces TVs…
Consider the office renovation project data in the following table. A "zero" time estimate means that the activity could take a very small amount of time and should be treated as a numeric zero in the analysis. Click the icon to view the table. a. Based on the critical path, find the probability of completing the office renovation project by 40 days. Refer to the standard normal table. (Make sure to round all intermediate calculations for to and variance to two decimal places.) The probability is (Enter your response rounded to four decimal places.) b. Find the date by which you would be 80 percent sure of completing the project. Refer to the standard normal table. One is 80 percent sure the project will be complete in days. (Enter your response rounded up to the next whole number.) Data table Activity START ABCD E F G H - XL NOOON NOTO J K Optimistic 0 7 0 15 FINISH 3 2 6 0 2 2 0 1 0 Time Estimates (days) Most Likely 0 10 ON - w ~ ~No WO-8 20 10 Print Pessimisitic 0 OWN ON Or W Ñ A ∞…
When developing an Emergency Operations Plan (EOP) the Content Depends on?
Make an analysis of Critical Path Method (CPM) in four steps?
This is in reference to the AURA resedential development project, which consists of 39 high end units and this project was done by NCB Group in Grand Cayman. This is for a project management course so please answer as such. Explain the processes and/or activities that the project team used to deliver a quality service, result, or product to the sponsor, customers, and users.
Answer all. What are the critical activities? What is the expected project duration? calculate the variance of the project What is the standard deviation (te) for the project? Suppose that management allotted 13-unit time for the project. What is the probability that we will meet the 13-unit time deadline? If management wants to have a 0.99 probability of meeting the time, what should be the scheduled project duration?

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