Using the beta distribution rule, what is your estimated duration for activity A in days? Round your answer to the nearest integer. days
Using the beta distribution rule, what is your estimated duration for activity A in days? Round your answer to the nearest integer. 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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![You have been provided the following information about Activity A:
Quantity: 4800 sf
Optimistic Production rate per crew: 21 sf/ hour
Most Likely Production rate per crew: 17 sf/ hour
Pessimistic Production rate per crew: 11 sf/ hour
Number of crews: 4
Productivity factor: 120% of the original time (20% more time)
Using the beta distribution rule, what is your estimated duration for activity A in days? Round your answer to the nearest integer.
days](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fcaa1cc41-fded-43a7-8c5e-c1221de70c53%2F9a1c831b-ba53-462d-8812-634956487222%2Fi6igj9p_processed.png&w=3840&q=75)
Transcribed Image Text:You have been provided the following information about Activity A:
Quantity: 4800 sf
Optimistic Production rate per crew: 21 sf/ hour
Most Likely Production rate per crew: 17 sf/ hour
Pessimistic Production rate per crew: 11 sf/ hour
Number of crews: 4
Productivity factor: 120% of the original time (20% more time)
Using the beta distribution rule, what is your estimated duration for activity A in days? Round your answer to the nearest integer.
days
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