Please answer a few of Theese basic practice questions based off the chart d. You can accomplish any one of the following at an additional cost of $1,500. If you will save $1,000 for each day that the earliestcompletion time is reduced, which of the following actions should be taken, if any?1. Reduce job 5 by two days.O YesO No2. Reduce job 3 by two days.O YesO No3. Reduce job 7 by two days.O YesO Noe. What is the probability that the project will take more than 30 days to complete? (Use Excel's NORMSDIST() function to find thecorrect probability for your computed Z-value. Other than the expected completion time you entered in part c above, do not roundintermediate calculations. Round "z" value to 2 decimal places your final answer to 4 decimal places.)Probability Use the following information to answer the questions below:ΤΙMESDAYS)PREDECESSORJOB NO.JOB (S)bam13112314121311332-45, 64.6.84.12104119, 1078b. Indicate the critical path.O 1-4-7-10-11O 1-3-6-8-9-11O 1-2-5-8-9-11c. What is the expected completion time for the project? (Do not round intermediate calculations. Round your answer to 2 decimalplaces.)Expected completion timedays

Forward Pass:Early Start (ES)= Maximum (or Highest) EF value from immediate Predecessor(s)Early…

Use the following information to answer the questions below: TIMES (DAYS) PREDECESSOR JOB NO. JOB (S) a 4. 2 4. 12 4. 4 11 5 1 2. 3 4. 1 9. 8 5, 6 4 8. 4 12 10 7. 4. 5. 11 9, 10 8 b. Indicate the critical path. O 1-4-7-10-11 O 1-3-6-8-9-11 O 1-2-5-8-9-11 c. What is the expected completion time for the project? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Expected completion time days

Use the following information to answer the questions below: TIMES (DAYS) PREDECESSOR JOB NO. JOB (S) a 4. 2 4. 12 4. 4 11 5 1 2. 3 4. 1 9. 8 5, 6 4 8. 4 12 10 7. 4. 5. 11 9, 10 8 b. Indicate the critical path. O 1-4-7-10-11 O 1-3-6-8-9-11 O 1-2-5-8-9-11 c. What is the expected completion time for the project? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Expected completion time days

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

Please answer a few of Theese basic practice questions based off the chart

d. You can accomplish any one of the following at an additional cost of $1,500. If you will save $1,000 for each day that the earliest
completion time is reduced, which of the following actions should be taken, if any?
1. Reduce job 5 by two days.
O Yes
O No
2. Reduce job 3 by two days.
O Yes
O No
3. Reduce job 7 by two days.
O Yes
O No
e. What is the probability that the project will take more than 30 days to complete? (Use Excel's NORMSDIST() function to find the
correct probability for your computed Z-value. Other than the expected completion time you entered in part c above, do not round
intermediate calculations. Round "z" value to 2 decimal places your final answer to 4 decimal places.)
Probability

Use the following information to answer the questions below:
ΤΙMES
DAYS)
PREDECESSOR
JOB NO.
JOB (S)
b
a
m
1
3
1
1
2
3
1
4
12
1
3
11
3
3
2-
4
5, 6
4.
6.
8
4.
12
10
4
11
9, 10
7
8
b. Indicate the critical path.
O 1-4-7-10-11
O 1-3-6-8-9-11
O 1-2-5-8-9-11
c. What is the expected completion time for the project? (Do not round intermediate calculations. Round your answer to 2 decimal
places.)
Expected completion time
days

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